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3 years ago

If the quantity supplied is the same regardless of price then the supply curve would be:___________

Business

1 answer:

Eva8 [605]3 years ago

7 0

Answer:

perfectly inelastic

Explanation:

A supply of the product is considered to be perfectly inelastic in situations whereby the changes in the price of a commodity do not affect the quantity supplied, then such a supply curve is termed as perfectly inelastic. It is often depicted as a vertical line at the quantity supplied against all the prices in a graphical representation form.

Hence, If the quantity supplied is the same regardless of price then the supply curve would be: PERFECTLY INELASTIC

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A precedent refers to

Nuetrik [128]

A rule or a law

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3 years ago

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Pepsi, gigantic conglomerates centred around a very important fizzy drink, got themselves into hot water thid year with an ad ca

Mamont248 [21]

Pepsi was accused of trivializing the subject of BLACK LIVES MATTER.
Pepsi, in a bid to advertise its product used a scene from black lives matter movement, the advert feature Kendall Jenner handling a Pepsi soda to a police.There was an uproar about the advert and Pepsi was accused of trivializing the protest against the killing of blacks by white policemen.<span />

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3 years ago

Kobe Company has manufactured 200 partially finished cabinets at a cost of $100,000. These can be sold as is for $120,000. Inste

vichka [17]

If Kobe Company processes the cabinets further, incremental income is <u>$16,000</u>.

<h3>What is incremental income?</h3>

The incremental income represents the additional gain that Kobe Company obtains from further processing of the partially finished cabinets.

<h3>Data and Calculations:</h3>

Cost of 200 partially finished cabinets = $100,000

Sales revenue from the partially finished cabinets = $120,000

Income without further processing = $20,000 ($120,000 - $100,000)

Cost of further processing = $24,000

Sales revenue from further processing = $160,000

Total income after further processing = $36,000 ($160,000 - $100,000 - $24,000)

Incremental income = $16,000 ($36,000 - $20,000)

Thus, if Kobe Company processes the cabinets further, incremental income is <u>$16,000</u>.

Learn more about incremental income at brainly.com/question/13477431

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2 years ago

During the prior fiscal year, Cullumber Corp. signed a long-term noncancellable purchase commitment with its primary supplier to

Radda [10]

Answer:

Debit Inventory for $1490000, debit Estimated Liability on Purchase Commitments for $290000 and credit Cash for $1780000.

Explanation:

Double entry accounting requires accounting entries to have two legs. The debit where the receiver is debited, and the credit leg where the giver is credited.

In this case Cullumber Corp made a payment of $1.78 million cash, so cash is credited for this amount.

Actual value of raw materials is $1.49 million, so as it is recieved we debit inventory for $1.49 million.

The balance which is a loss is debited from Estimated liability on purchase commitments.

The balance to be debited from this account is 1.78 million - 1.49 million= $290,000

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3 years ago

Which word means the same as allotment?<br> a. job<br> b. order<br> c. portion<br> d. function

suter [353]

An allotment is an allocation of proceedings basically a portion of proceedings.

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4 years ago