A nonprofit organization aids the unemployed by supplementing their incomes by $5,000 annually, while they seek new employment s
1 answer:
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Answer:
C. No, the increase in price will not cause a shift of the supply curve
<u><em>Attached graph</em></u>
Explanation:
The demand curve will move to the right, and the equilibrium price adn quantity will increase as a result of this event. But, the supply curve will not move the new equilibrium will be along the original supply line.
The supply curve will move affectd by technology, input prices, taxation, interest rates changes, the price is not what determinates the supply curve. The price is the result of how supply and demand interact.
Answer:
Additional paid in capital $294,750
Retained earning = $315,000
Explanation:
Given data:
Additional paid in capital
for Atkins = 112,500
for waterson = 15,500
Retained Earning
For Atkins = 315,000
For waterson = 148,200
News shares issued 60,750
Price per share $3
Additional paid in capital will be
= 294,750
Retained earning = 315,000