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taurus [48]
2 years ago
12

A new per unit subsidy for almond production in the United States increases the world supply of almonds. If almonds are inelasti

cally demanded, what will happen to total revenues from almond production?
Business
1 answer:
grin007 [14]2 years ago
5 0

Answer:

total revenues would fall

Explanation:

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one. If demand is inelastic, there would be little or no change in the quantity demanded.

Due to the subsidy, there would be an increase in supply.

The increase in supply would lead to excess supply and a fall in price. Since demand is not sensitive to price. there would be no change in demand as a result of the fall in price.

Thus, price would be lower and quantity would remain the same. This would lead to a fall in price.

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If Congress ends an investment tax credit that used to subsidize domestic investment, how would this affect the market for loana
marin [14]

Answer: Demand will fall, Interest rates will fall

Explanation:

The investment tax credit would have encouraged more companies to seek loanable funds in order to embark on investment opportunities because they would be taxed less. This increase in demand in the market for loanable funds would have led to rates rising to keep up with demand.

If Congress were to end this credit, the incentive to invest and avoid tax would be gone. Companies would therefore demand less loanable funds and with this drop in demand there will be a drop in interest rates as well to entice people to borrow at the lower rates.

3 0
3 years ago
Present value computation kerry bales won the state lottery and was given four choices for receiving her winnings. receive $400,
Mekhanik [1.2K]
Option 1: PV = $400,000
Option 2: Receive (FV) $432,000 in one year

PV = FV(1/(1+i)^n), where i= 8% = 0.08, n = 1 year

PV = 432,000(1/(1+0.08)^1) = $400,000

Option 3: Receive (A) $40,000 each year fro 20 years

PV= A{[1-(1+i)^-n]/i} where, n = 20 years

PV = 40,000{[1-(1+0.08)^-20]/0.08} = $392,725.90

Option 4: Receive (A) $36,000 each year from 30 years
PV = 36,000{[1-(1+0.08)^-30]/0.08} = $405,280.20

On the basis of present value computations above, option 4 is the best option for Kerry Blales. This option has the highest present value of $405,280.20

4 0
3 years ago
According to the basic double entry principle of accounting, we
Vlad1618 [11]

Answer:

D. Any of the above, depending on the transactions​

Explanation:

The double entry principle simply means that any accounting transaction has two records: one credit, and one debit, and it depends on the nature of the transaction, and of the accounts involved which specific value is credited and which one is debited.

For example, if a firm purchases 100$ of office supplies with cash, the credited account is cash, because cash is reduced by $100, while the office supplies account is debited by the same value.

If a firm sells 100$ of office supplies instead, the office supplies inventory is credited for this value, while the same amount of cash is debited for this same amount.

8 0
3 years ago
Bramble Company typically sells subscriptions on an annual basis, and publishes six times a year. The magazine sells 102000 subs
nirvana33 [79]

The answer is option A. a. Cash 900,000 Unearned

Subscription Revenue 900,000

On the part of the seller, the sale of 60,000

Magazines at $15 constitute liability.

Remember that cash has already been received by the company.

Hence, this amount is yet to be earned by the company that it is considered liability on the part of the seller.

Account  Title                                       Debit          Credit

Cash 60,000 subscriptions * $15   $900,000

Unearned Subscription Revenue                           $900,000

Take note that the unearned subscription revenue is amortized to subscription revenue on a monthly or yearly basis.

Disclaimer:-your question is incomplete, please see below for complete question.

a. Cash 900,000 Unearned

Subscription Revenue 900,000

b. Prepaid Subscriptions 900,000

Cash 900,000 Subscriptions

c. Receivable 150,000

Unearned Subscription Revenue 150,000

d. Subscriptions Receivable 900,000

Subscription Revenue 900,000

Learn more about subscriptions here:-brainly.com/question/15301858

#SPJ4

4 0
1 year ago
The coach is weighing a slightly increased risk of losing against a slightly decreased risk of injury to the star quarterback. t
Sonja [21]

The missing word in the blank is :

small

hence the completed paragraph is:

The coach is weighing a slightly increased risk of losing against a slightly decreased risk of injury to the star quarterback. this weighing of trade-offs is an example of marginal thinking, because the star quarterback was in for most of the game, and the coach's decision concerns <u><em>small</em></u> shifts in probabilities with the game nearly over.

3 0
3 years ago
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