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Rama09 [41]
3 years ago
9

What is the equilibrium quantity for phones?

Business
1 answer:
Nana76 [90]3 years ago
3 0

Answer:

Readjusting once again to marketplace conditions, the next year the company produces 65,000 phones, with a retail price of $45. At the end of the year, the company’s sold almost its total supply of phones. It indicates that the equilibrium quantity of phones is 65,000, at a retail price of $45 (which would be the equilibrium price). More Resources

Explanation:

According to our curve, the equilibrium point initially is indicated by point E on the graph, but since the supply of cellphones has increased, quantity supplied increases to the graph indicated by S 1 S 1, this causes an excess of the product in the market resulting in a stiff competition which often sees the sellers reduce their prices. hope that helps.

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On January 1, 2019, Woodstock, Inc. purchased a machine costing $40,000. Woodstock also paid $1,000 for transportation and insta
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Answer:

D. $6,000

Explanation:

The book value of a new asset includes the purchase price and other related costs that make it ready for use. For Woodstock company, the book value of the new machine will be the buying price of 40,000 plus 1000 transport costs.

Book value = $41,000

The straight-line depreciation method charges equal amounts throughout the life of the asset.

The depreciable amount = asset value - salvage value

=$41,000 - $5000

=$36,000

The depreciation rate = 1/6 x 100

=16.66 %

Annual depreciation = 16.66% x $36,000

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7 0
3 years ago
In two or three sentences, write a brief ending you might use in an interview to be courteous and positive about following up.
statuscvo [17]

Answer:

Explanation:

The following would be a good way to end an interview.

It has been very interesting learning how the company works and the different tasks involved with the position. I would be very excited to get a chance to contribute to the team. Is there any other additional information or documentation that you will need from me? If so I would be glad to get it for you for our next meeting.

This ending would show your interest in the job and courteously set up further interactions.

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Current cost to source from the home plant to Country A is $0.55 per unit, plus $0.02 in shipping (there is no tariff). If produ
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Answer:

Cost savings in sourcing from Country A = $0.5 million ($57.5 - $57 million)

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Sourcing from Country A is more beneficial than sourcing from Country B with reduced product cost, but increased shipping and additional tariff.  Whereas Country A gives a total cost for 100 million units of $57 million, sourcing the same units from Country B gives a total cost of $57.5 million.  The savings of $0.5 million is substantial that no company would like to lose unless the goods from Country B are of higher quality than those from Country A.

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3 years ago
What is the benefits of purchasing health insurance through your employer
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