<span>For a producer surplus of $180 coming from sales of 12 units, this would be the result from (180 / 12), or $15 per purse. Taking the cost she has to pay for each unit, $35, and adding the $15 surplus to each, this leads to a sale price of (35 + 15), or $50 per purse.</span>
Answer:
The correct answer would be option C, The price needs to increase.
Explanation:
In order to maintain a balance or equilibrium, there should always be a balance between the quantity demanded and the quantity supplied. If quantity demanded exceeds quantity supplied, it means people are demanding the product more and the supply of that product is not meeting the demand. In this scenario when there is more demand of a product than supply, the price of the product should increase in order to create a balance between the quantity demanded and supplied, because it is the law of demand that when demand increases, the prices of the product also increases and vice versa. So to maintain the equilibrium, the price of the product should increase. In this way demand will decrease and will reach a point where demand will meet the supply of the product.
Answer:
= $832s
Explanation:
CI = 5000*(1+8/100)^2
=5832 -5000
= $832s
There is a difference between the CI and SI. For SI principal remains the same each year. However, when we deal with CI then the new principal is the starting principal plus the interest. And that is the difference between the two. Also, the formula hence for CI is:
CI= P(1 +R/100)^N -P
SI= PRT/100
I think the correct answer from the choices listed above is option B. A persuasive title for a proposal that aims to persuade a business to hire a lawn care service would be "<span>How Professional Lawn Care Can Save You Money</span>". It would draw attention to the one you are presenting it. Hope this answers the question. Have a nice day.
Answer:
correct option is a) $441,000
Explanation:
given data
Cash payments = $455,000
beginning accounts payable = $64,000
ending accounts payable = $50,000
solution
we use here T account equation and get accrual-basis purchases that is
ending accounts payable = beginning accounts payable + Accrual purchases - Cash payments .......................1
put here value we get
$50,000 = $64,000 + Accrual purchases - $455,000
solve it we get
Accrual purchases = $441,000
so correct option is a) $441,000
