Answer:
Demand schedule:
The Demand schedule refers to the tabular representation of the quantity demanded at the various price levels. By observing the demand schedule, we can conclude that as the price of the good increases then as a result the quantity demanded for that good falls. It represents various combination of price and quantity demanded.
Demand curve:
A demand curve refers to the graphical representation of the demand schedule which shows the relationship between the price of the commodity and the quantity demanded for that commodity. It is downward sloping curve which shows that there is an inverse relationship between the price of a good and the quantity demanded.
Answer:
The answer is below
Explanation:
Scientific notation is a way in which real numbers both big and small are represented in decimal form. It is represented by dividing the number into two parts in the form of a × 
, where 1 ≤ |a| ≤ 10 and b is to the power of ten which makes it equal to the original number.
Answer:
Loss of gdp = 7.6%
Eliminate gdp loss = 121.6
Explanation:
According to Okun's law , 12% loss of gdp.
Natural rate of unemployment=5%
Cyclical unemployment = Actual unemployment - Rate of Unemployment
Cyclical unemployment = 8.8% - 5%
Cyclical unemployment =3.8%
Loss of gdp = 3.8%(2)
Loss of gdp = 7.6%
Loss of gdp = (7.6%(8,000)
Loss of gdp = 608
Spending multiplier = 1/(1 - mpc)
Spending multiplier = 1/(1 - 0.8)
Spending multiplier = 1/ 0.2
Spending multiplie = 5
So,
Eliminate gdp loss = 608/5
Eliminate gdp loss = 121.6
Answer:
The correct answer is option (E).
Explanation:
According to the scenario, computation of the given data are as follows:
Equipment = $15,300
Estimated annual depreciation = $3,060
Time period = 1 month
So, Depreciation = $3,060 × 1 ÷ 12
= $255
So, Here journal entry are as follows:
Depreciation A/c Dr $255
To Accumulated depreciation A/c $255
(Being the depreciation is recorded)
Answer:
The rest of the question and the answer are attached.
To get the percentages, the following formula was used;
= (Account/ Sales) * 100
For instance, for the Fixed Assets it was;
= (37,200/48,200) * 100
= 77.18%
