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3 years ago

"The factor(s) which cause(s) a movement along the demand curve include(s):

Business

1 answer:

Oksanka [162]3 years ago

8 0

Answer: Option D

Explanation: In simple words, movement along the demand curve refers to the change in the demand of a product due to change in its price. When there is a change due to factors other than price then such change brings shift in the demand curve.

In the movement, the demand of a commodity remains constant with all other factors such as advertising, income of consumers etc.

Hence from the above we can conclude that the correct option is D.

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Kawai Corporation, which makes and sells 85,000 radios annually, currently purchases the radio speakers it uses for $8.00 each.

andriy [413]

Answer:

Effect on income= $-117,500

Explanation:

Giving the following information:

Kawai Corporation, which makes and sells 85,000 radios annually, currently purchases the radio speakers it uses for $8.00 each.

Kawai estimates that the cost of materials and labor needed to make speakers would be a total of $6.50 for each speaker. Also, supervisory salaries, rent, and other manufacturing costs would be $170,000. Allocated facility-level costs would be $75,000.

Buy= 85000*8= $680,000

In house:

Production costs= 6.5*85,000 + 75,000= 627,500

Other fixed costs= 170,000

Total cost= $797,500

Effect on income= 680,000 - 797,500= $-117,500

3 0

2 years ago

Disposal of Fixed Asset Equipment acquired on January 6 at a cost of $287,000, has an estimated useful life of 8 years and an es

aliina [53]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Purchasing cost= $287,000

Useful life= 8 years

Estimated residual value= $37,400

To calculate the annual depreciation under the straight-line method, we need to use the following formula:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (287,000 - 37,400) / 8

Annual depreciation= $31,200

<u>Depreciation remains constant during the useful life of the asset.</u>

We can calculate exactly the annual depreciation for the first year.

Year 1= (31,200/365)*360= $30,772.60

4 0

2 years ago

i have 44 labels on 11 sheets and 4 labels per sheet I have counted 6 packages of supplies....how many labels are there?

11111nata11111 [884]

There are twenty four labels from what I got

7 0

3 years ago

A phone caller becomes irate and demands to speak to your boss, saying, "I know she wants to be interrupted to speak to me!" You

Degger [83]

I believe that in such a situation, the thing you should do is say: Mrs. Wilson can't be contacted now, but I will give her your name and number as soon as possible.
That way you won't interrupt your boss, and you will give a polite answer to the person calling.

7 0

3 years ago

Assume a European company that manufactures decorative fountain pens. The firm is trying to decide whether or not to expand its

Wittaler [7]

Answer:

(a)

TC(q) [before expansion] = Fixed Cost + Variable Cost

= 750,000 + 1.25q

TC(q) [after expansion] = (750,000 + 350,000) + 0.75q

= 1,100,000 + 0.75q

(b) (i) q = 600,000

TC(q) [before expansion] = 750,000 + (1.25 × 600,000)

= 750,000 + 750,000

= 1,500,000

TC(q) [after expansion] = 1,100,000 + (0.75 × 600,000)

= 1,100,000 + 450,000

= 1,550,000

Since expansion will increase total cost, profit will fall ceteris paribus. So firm should not expand.

(ii) q = 800,000

TC(q) [before expansion] = 750,000 + 1.25 × 800,000

= 750,000 + 1,000,000

= 1,750,000

TC(q) [after expansion] = 1,100,000 + (0.75 × 800,000)

= 1,100,000 + 600,000

= 1,700,000

Since expansion will decrease total cost, profit will rise ceteris paribus. So firm should expand.

7 0

3 years ago