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NikAS [45]
3 years ago
6

Which situation best illustrates an effect of the law of demand?

Business
2 answers:
dsp733 years ago
8 0

The correct answer is C

gayaneshka [121]3 years ago
8 0

Answer: C. Customers stop going to a restaurant after it raises its prices

Explanation: (apx)

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Irish Corporation issued (sold) 10,000 shares of common stock for $70 per share. The bylaws established a stated value of $10 pe
grin007 [14]

Answer:

$100,000

Explanation:

The common stock account would increase by the total value of the stated value of the shares issued and the difference between the issue price and stated value would increase the capital in excess of the par account

Increase in common stock account=10,000*$10

Increase in common stock account=$100,000

increase in paid-in capital in excess of par=($70-$10)*10,000

increase in paid-in capital in excess of par=$60*10,000

increase in paid-in capital in excess of par=$600,000

7 0
3 years ago
Barredo Corporation's relevant range of activity is 3,000 units to 7,000 units. When it produces and sells 5,000 units, its aver
zhuklara [117]

Answer:

The variable cost per unit sold is closest to $11.90.

Explanation:

Only variable manufacturing costs are included in <em>product costing</em> under the variable costing method.

Both the fixed manufacturing costs and non-manufacturing costs are treated as <em>period costs</em>, expensed in the profit and loss.

<u>Calculation of Variable Unit Cost</u>

Direct materials                                  $ 6.60

Direct labor                                         $ 3.65

Variable manufacturing overhead     $ 1.65

Total Variable Unit Cost                     $11.90

Conclusion :

The variable cost per unit sold is closest to $11.90.

5 0
3 years ago
What is dumping?
malfutka [58]
D. <span>dumping is exporting goods at prices that are lower than their value.</span>
8 0
4 years ago
Read 2 more answers
A high-interest savings account pays 5. 5% interest compounded annually. If $300 is deposited initially and again at the first o
Arte-miy333 [17]

For the given question, the summation that represents the money in account is:

\begin{aligned}\sum_{10}^{n=1}316.5(1.055)^{n-1} \end{aligned}

The principal amount if compounded annually, the formula that represents the amount to be received after n years is:

\rm A = P(1 + \dfrac{r}{100})^t where A is the amount received after compounding, P is the principal, r is the rate of interest and t is the tenure.

<h3>Solution:</h3>

Given:

Annual interest rate(r) is 5.5%

Principal is(P) $300

Tenure is(t) 10 years

On substituting the values in the formula \rm A = P(1 + \dfrac{r}{100})^t

The amount received after compounding at the end of 1 year will be:

\rm A = 300(1 + \dfrac{5.5}{100})^1\\&#10;\\&#10;A=300(1.055)\\&#10;\\&#10;A=\$316.5

Similarly, the amount to be received after 2 years will be:

316.5+316.5(1.055)

The amount received after 10 years will be:

316.5+316.5(1.055)+316.5(1.055)^2+.......  upto 10 years

Therefore the summation that represents the money in account after 10 years is:

\begin{aligned}\sum_{10}^{n=1}316.5(1.055)^{n-1} \end{aligned}

Learn more about compound interest here:

brainly.com/question/25857212

5 0
2 years ago
Hippos is a manufacturer of consumer goods. It intends to sell its products in Taiwan as it is looking to enter into Asian marke
nirvana33 [79]

Answer:

indirect exporting

Explanation:

Based on the information provided within the question it can be said that Hippos is most likely to pursue an indirect exporting. This refers to selling your goods to an intermediary who then sells it directly the customers. This is a great market entry strategy when entering a foreign market since it allows an individual who is already accustomed to the market sell the products, thus minimizing the risk of loss in the foreign market.

8 0
3 years ago
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