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In the past few years, the demand for donuts has decreased. this would be illustrated by a change from?

zepelin [54]

The decrease in demand would be illustrated by a change from A to C.

<h3>What will be the change?</h3>

The demand curve is a downward sloping curve that shows the relationship between price and the quantity demanded. There is a negative relationship between price and quantity demanded.

A change in demand is caused by other factors other than the price of the good. Other factors include a change in income, a change in consumer taste or a change in the price of substitute goods.

When there is a change in demand, the demand curve would shift either to the right or to the left. When demand decreases, the demand curve would shift to the left. When demand increases, the demand curve would shift to the right.

Since, the demand for donuts have decreased, the demand curve would shift to the left. This would be a shift from A to C.

Please find attached the complete question. To learn more about the demand curve, please check: brainly.com/question/25140811

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3 0

1 year ago

Your grandparents deposit $2,000 each year on your birthday, starting the day you are born, in an account that pays 7% interest

OverLord2011 [107]

Answer:

The money you will have is $98020.

Explanation:

It is given that grandparents deposit $2,000 each year on birthday and the account pays 7% interest compounded annually also the time is 21 years.

we will use the compound interest formula $A=P (1 + \frac{r}{100})^{t}$ .

For the first birthday the amount after 21 yr will be:

$A=2000(1+\frac{7}{100})^{21}$

Similarly for the second birthday amount after 20yr will be:

$A=2000(1+\frac{7}{100})^{20}$

likewise, the last compound will be:

$A=2000(1+\frac{7}{100})^1$

The total value of such compounding would be :

$\text {Total amount}=2000(1+\frac{7}{100})^{21}+2000(1+\frac{7}{100})^{20}...2000(1+\frac{7}{100})^{1}$

$\text {Total amount}=2000[(1+\frac{7}{100})^{21}+(1+\frac{7}{100})^{20}...(1+\frac{7}{100})^{1}]$

$\text{Total amount} \approx 2000(48.01)$

$\text{Total amount} \approx 96020$

The total amount just after your grandparents make their deposit is:

≈($96020+2000)

≈$98020

Hence, the money you will have is $98020.

4 0

3 years ago

If the inflation rate averages 3 percent over the next 8 years, the expected cost of services for any year in that time frame is

lys-0071 [83]

Answer:

The expected cost 8 years from now = $13.87

Explanation:

If the inflation rate averages 3 percent yearly over the next 8 years, the expected cost of services for any year in that time frame is given by

C (x) = K (1.03)ˣ

where

K = present cost = $10.95

x = time in years = 8

So, the expected cost of a haircut 8 years from now would be

C(x=8) = 10.95 (1.03)⁸ = $13.87

Hope this Helps!!!!

4 0

3 years ago

Which of the following is a private organization that attempts to influence public officials to act or vote in ways that will be

gayaneshka [121]

This would be an interest group.

4 0

3 years ago

Read 2 more answers

Phillips Corporation's fiscal year ends on November 30. The following accounts are found in its job order cost accounting system

xz_007 [3.2K]

Answer:

Phillips Corporation

a = 9,050 beginning balance Raw Materials

b = 36,660 beginning balance WIP

c = 15,650 direct materials

d = 6,825 Overhead applied

e = 13,500 Ending balance WIP

f = 5,500 beginning balance Finished Goods

g = 54,625 Completed jobs

h = 4,300 ending balance Finished Goods

i = 9,100 wages assigned

j = d

k = 3,125 indirect labor

l = 1,145 Underapplied overhead

m = 55,825 cost of goods sold

Explanation:

a) Data and Analysis:

1. Jobs in process:

Job No. 154 and Job No. 155

Combined direct materials costs $9,950

Combined direct labor costs 15,200

Overhead applied (75%) 11,400

Total work in process, beginning $36,550

2. Jobs started in December:

Job Nos. 156, 157, and 158

Direct materials $4,400

Direct labor 5,200

Overhead applied (75%) 3,900

Total work in process $13,500

Beginning work in process = $36,550

Ending work in process = $13,500

Beginning Finished Goods Inventory: Job 153 $5,500

Ending Finished Goods Inventory: Job 157 $4,300

Raw Materials Inventory

Dec. 1 Beginning balance 9,050 (a)

Dec. 31 Requisitions 18,950

Dec. 31 Purchases 18,025

Dec. 31 Ending balance 8,125

Total 27,075 27,075

a = $9,050 (27,075 - $18,025)

Work in Process Inventory

Dec. 1 Beginning balance $36,550 b.

Dec. 31 Jobs completed 54,625 (g)

Dec. 31 Direct materials 15,650 c.

Dec. 31 Direct labor 9,100

Dec. 31 Overhead 6,825 d.

Dec. 31 Ending balance 13,500 e.

Finished Goods Inventory

Dec. 1 Beginning balance 5,500 f

Dec. 31 Cost of goods sold 55,825 (m)

Dec. 31 Completed jobs 54,625 g.

g. Dec. 31 Ending balance 4,300 h

Factory Labor

Dec. 31 Factory wages 12,225

Dec. 31 Wages assigned 9,100

Dec. 31 Overhead 3,125

Manufacturing Overhead

Dec. 31 Indirect materials 3,300

Dec. 31 Overhead applied 6,825 d.

Dec. 31 Indirect labor 3,125 k.

Dec. 31 Other overhead 1,545

Dec. 31 Underapplied overhead 1,145

7 0

2 years ago