Answer: a downward sloping supply curve in the long run
Explanation:
In a DECREASING COST industry, producing more output leads to a reduction in costs associated.
Graphically represented then, in the long run when output have Increased, the supply curve will be DOWNWARD sloping as it costs LESS to make MORE.
I have attached a graph to explain further.
As you see, more output means less price so the Supply Curve is sloping downward.
Answer:
$102,348.034
Explanation:
It is a simple problem of Compound Interest, we have to find the Principle amount invested.
Given:
Future value (F) = $260,000
Rate(R) = 6% = 6/100 = 0.06
Number of years (n) = 16 years
Initial deposit (C) = ?
Calculation:
$260,000/2.54035168 = C
$102,348.034 = C
So, Initial cash Deposit = $102,348.034
Answer:
$48000
Explanation:
Given: Accounts payable $30,000;
Accrued liabilities payable $4,000;
Short-term notes payable $14,000.
Current Liability: It is a financial obligation of the company that need to be paid in a short period of time, within one year or within normal operating cycle.
Now, computing current liabilities from the given information.
Current liability=
⇒ Current liability=
∴ Current liability= $48000
Hence, Pioneer's total current liabilities is $48000.