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Monica [59]
3 years ago
6

g An increase in demand is represented by a a. movement downward and to the right along a demand curve. b. movement upward and t

o the left along a demand curve. c. rightward shift of a demand curve. d. leftward shift of a demand curve.

Business
1 answer:
Lana71 [14]3 years ago
4 0

Answer: c. rightward shift of a demand curve.

Explanation:

When there is movement along the demand curve, this is due to a change in the price of the good.

However, an increase in demand is noted by a rightward shift in the Demand curve. This is to signify that the demand has changed even though the price had remained the same. This shift is meant to signify that something else apart from price has caused an increase in demand such as an increase in income. After the shift, the price will have to change to reflect a new Equilibrium which will be the new intersection point with the Supply Curve.

I have attached a graph showing what happens when Quantity Demand increases.

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As we’re well aware, vending machines are used to sell snacks and beverages, whereas newspapers are sold out of a box that allow
max2010maxim [7]

Answer:

Because people do not need a second newspaper, it will not bring any more information to their lives, rather than a second soda can or snack.

Explanation:

The law of diminishing marginal utility states that there are some products or services to which an increase in the consumption will not bring the same utility for the user as the right amount, for example, if you eat a slice of pizza, it will bring certain benefit, you'll be less hungry but if you eat 7 slices of pizza at some point you'll no longer be hungry and it will rather make you sick, in this case vending machines have a higher marginal utility, a person could drink 3 or 4 drinks or take 4 or 5 snacks before it makes them feel sick, whilst a person that buys a person buying a newspaper won't need a second one, even if it is for his/her family, a 5 people house has enough newspaper by taking 1 copy of it.

Other examples of this can be a vacuum cleaner, you don't need a second one if you already have one, or a house buying a second house ain't as necessary as the first one.

5 0
2 years ago
Sweet Company borrowed $34,800 on November 1, 2020, by signing a $34,800, 9%, 3-month note. Prepare Sweet’s November 1, 2020, en
nikitadnepr [17]

Answer:

Explanation:

The journal entries are shown below:

On November 1

Cash A/c Dr $34,800

      To Notes payable A/c $34,800

(Being issuance of the note payable is recorded)

On December 31

Interest expense A/c Dr  $522

     To Interest payable A/c  $522

(Being accrued interest adjusted)

The computation is shown below:

Principal × rate of interest × number of months ÷ (total number of months in a year)  

= $34,800 × 9% × (2 months ÷ 12 months)

= $522

The two month is calculated from the November 1 to December 31

On February 1

Interest Expense A/c Dr $261

Interest payable A/c Dr $522

Note Payable A/c Dr $34,800

        To Cash A/c $35583

(Being payment is recorded)

The computation is shown below:

Principal × rate of interest × number of months ÷ (total number of months in a year)  

= $34,800 × 9% × (1 months ÷ 12 months)

= $261

The one month is calculated from the January 1 to February 1

5 0
3 years ago
tock has had returns of 16 percent, 23 percent, 15 percent, −11 percent, 30 percent, and −5 percent over the last six years. Wha
elena-14-01-66 [18.8K]

Answer:    arithmetic Average Return =11.33%

                  Geometric Average Return=10.33%

Explanation:

Returns per year

Year 1      16%

year 2       23%

year 3       15

year 4      -11%  

year 5     30 %

year 6      -5%

Total =    68%

Arithmetic Average = Total returns 0f ( year 1 -6) / number of years

= 68%/6 =11.33%

Geometric Average Return  is given as

= ((1 + R1) × (1 + R2) × ... × (1 +Rn))(1/n) - 1

((1 + 16%) × (1 + (23%)) × (1 + 15%) x (1+ -11%) x (1+30%)  x (1+ -5%))^1/6 - 1

((1.16 x 1.23 x 1.15 x 0.89 x 1.30  x (0.95)) ^1/6

((1.16 x 1.23 x 1.15 x 0.89 x 1.30   x 0.95)) ^1/6 -1

(1.8035073 )^1/6  - 1

= 1.10328 -1 = 0.10328 x 100 = 10.328%   =10.33%

3 0
3 years ago
g Given the information below: ASSETS LIABILITIES Cash and cash equivalents $10,000 Current debts for the year $15,000 Other liq
artcher [175]

Answer:

The solvency ratio is closest to: B. 33%.

Explanation:

<em>The solvency ratio = After tax Net Operating Income ÷ Total Debt</em>

Thus,

The solvency ratio = $75,000 ÷ ($15,000 + $200,000)

                               = 35.88%

Therefore this is closest to B. 33%.

6 0
3 years ago
For most businesses, annual straight line depreciation expense on the company's building is what type of cost?
Rom4ik [11]

For most businesses, annual straight line depreciation expense on the company's building is fixed cost.

A fixed cost is one that does not change no matter how many units of a good or service are produced or sold. Fixed costs are expenses a company must pay regardless of the specific economic operations it does. As a result, fixed expenses are often indirect because they have nothing to do with how a firm produces any goods or services. Both fixed expenses and variable costs, which together make up a company's total costs, are common. It's common practice to reduce fixed expenses by using shutdown points.

Learn more about fixed costs here:

brainly.com/question/17100497

#SPJ4

6 0
11 months ago
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