Answer:
a. Decrease
b. Decline
c. Exit
d. No change
Explanation:
The market for gourmet chocolate is in the long-run equilibrium, and an economic downturn has caused the consumer disposable income to fall. Chocolate is a normal good, and the chocolate producers have identical cost structures.
a. This decline in the consumer income will reduce the purchasing power of the consumers. As a result, the demand will decrease. The demand curve will move to the left.
b. This leftward shift in the demand curve will cause the price to decline, As the price falls, the profits earned by the producers will decline as well.
c. In the long run, the firms operate at zero economic profits. So a decline in profits imply that the firms are operating at an economic loss. This will cause the loss incurring firms to exit the market.
d. The long run supply curve will remain the same. It is not affected by change in profits, it changes only with change in the state of technology or availability of resources.
The interest receivable should be reported separately as a current asset. The allowance for doubtful accounts should be deducted from accounts receivable.
Answer:
vr = 3.906 m/s
Explanation:
vi = 15.4 m/s
∅ = 36.2º
d = 15.8 m
g = 9.81 m/s²
vr = ?
We have to get Xmax = R as follows
R = vi²*Sin (2∅) / g
⇒ R = (15.4 m/s)²*Sin (2*36.2º) / (9.81 m/s²)
⇒ R = 23.0437 m
then we can get t applying the equation
R = vi*Cos ∅*t ⇒ t = R / (vi*Cos ∅)
⇒ t = (23.0437 m) / (15.4 m/s*Cos 36.2º) = 1.85 s
Now, we find the distance that the receiver must be run
x = R - d
⇒ x = 23.0437 m - 15.8 m = 7.2437 m
Finally, we get the speed
vr = x / t
⇒ vr = 7.2437 m / 1.85 s = 3.906 m/s
Answer:
Option b
Explanation:
In simple words, Decreased pay-up insurance program, minus fees and costs, enables the policy holder to obtain a reduced price of fully paying medical insurance. The claimant's hit age will assess the New Policy nominal value. As a consequence, the mortality payment is greater than those of the program which has expired.
The provision can involve restoring a percentage of the gross premiums charged, the plan's cash restitution cost, or a diminished reward dependent on premium collected until the policy has expired.
Answer: the correct answer is $128,000
Explanation:
$20,000 (overtime pay) + ($ 360,000 / 10*3). Biweekly salaries are
$360,000 and the week has 5 days that's why we have to consider a biweekly salary for 10 days and multiple that by 3 days.
$20,000 + $108,000 = $128,000