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4 years ago

There will be a lower equilibrium price and higher quantity if _____.

Business

1 answer:

77julia77 [94]4 years ago

3 0

Answer: A) supply increases and demand stays the same

Check out the diagram below. The curves S1 and D1 are the original supply and demand curves for some product. If we shift S1 to the right, we get some new curve S2. This is increasing supply. Keeping D1 the same means that the equilibrium price slides down and the quantity goes up.

In short, we have more stuff in the market, and each of those items is cheaper.

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Mustang Corporation has accumulated the following accounting data for the month of April: Finished goods inventory: April 1 $30,

omeli [17]

Answer:

a. $125,000

Explanation:

Cost of goods sold

Beginning Finished inventory $30,600

Cost of goods manufactured $116,400

Goods available for sale $147000

Ending Finished inventory ($25,000)

Cost of goods sold $122000

Therefore, The cost of goods sold is closest to $125,000.

7 0

3 years ago

Scenario 4 You are an 9th grade student. Since the 7th grade you have been on the middle school cheerleading squad. You recently

Semmy [17]

Explanation:

In this case, I would make a prudent decision. Being in the school team has been my wish and i have tried for it for year and now when i came to know that i am in, I should not miss the chance of being the part of it just because of being in the cheer leading band. Being in the football team is far better than being in the cheer leading band, and also if it is my dream for years. Doing trips with the cheer leading bands and going on Disney trip with them next year is no doubt a fascinating thing, but I will have to make a decision that will affect my upcoming years, and may be I won't be able to get another chance of being in the high school team next time. So I should grab this chance and join the team.

6 0

4 years ago

Acme Enterprises began the year owing its suppliers $3,000 for merchandise purchased last year. Acme then sold half of this merc

storchak [24]

Answer:

b, $6,000

Explanation:

Acme Enterprises owe $3,000 at the start of the year

Acme sells half the merchandise for $5,000 then pays $1,000 from the $3,000 initially owed.

this means that after paying $1,000 from the previous $3,000 debt, Acme enterprises now have a debt of $3,000 - $1,000 = $2,000

After paying the $1,000, Acme enterprises bought another merchandise of $4,000.

Having in mind the existing $2,000 debt from the first purchase, Acme Enterprises now has an account payable balance of $2,000 + $4,000 = $6,000.

Cheers.

8 0

4 years ago

Which of the following are assumptions of the simple CAPM model? I. Individual trades of investors do not affect a stock's price

lisabon 2012 [21]

Answer:

I, II, and III are all correct and part of this model

Explanation:

The CAPM model or Capital Asset Pricing Model indicates the relationship between the amount of risk and the expected profit for a certain investment. This model holds many assumptions, which from the ones provided we can say that assumptions I, II, and III are all correct and part of this model. The only assumption that is not correct is IV, since the level of risk aversion that each investor has depends on how much they know about their investment.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0

4 years ago

A company believes that its product will exhibit network effects if enough consumers begin to use it. How might this company dec

frozen [14]

Answer:

A. Offer the product for free early on, and increase the price later.

Explanation:

Network effect occurs when the value of a product or service increases as more people use it.

For a company that believes its product will exhibit network effects and wants to get as many customers as possible to use the product,<u> it is best to offer the product for free to create a buzz around the product.</u>

This increases the chances of the people becoming aware of the product.

With time, <u>the company can increase the price of the product as people will be willing to pay for it because they consider it to be valuable.</u>

5 0

3 years ago