The market for the pizza has a downward sloping demand curve which means that with the increase in the price of the pizza, the demand of the pizza will decrease but it's supply will increase.
<u>Explanation:</u>
Downward slanting demand curve implies a judicious purchaser will request to a greater degree a product when its price falls. A portion of the explanations behind. the marvel would be: Income Effect : When cost of an item falls, shopper's genuine salary rises that is he would now be able to buy a greater amount of the ware with a similar pay.
A decent with a cost far beneath what the market is eager to pay will show up toward the lower right – extremely low cost, exceptionally popularity. The costs in the middle of would then "fill in" the bend, inclining descending from the upper left to bring down right.
Answer:
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Answer: $380 million
Explanation:
To solve the question, first we have to calculate the depreciation that'll be reported for each year and this will be:
= $1140 million/3 years
= $380 million
Then, the deferred tax liability related to the excess depreciation will be:
= ($380 million × 30%) + ($380 million ×
35%) + ($380 million × 35%)
= $114m + $133m + $133m
= $380 million
Answer:
A. downward sloping and above the marginal revenue curve.
Explanation:
A monopoly is when there's only one firm operating in an industry. A monopoly usually sets the market price for goods and services. A monopoly faces a downward sloping demand curve because as price increases, the quantity demanded falls.
I hope my answer helps you
Answer:
the ending balance of the investment account is $870,000
Explanation:
The computation of the ending balance of the investment account is shown below:
= Beginning balane + [(earns - dividend) × (owns shares ÷total shares)]
= $750,000 + [($1,200,000 - $960,000) × (20,000 ÷ 40,000)]
= $750,000 + $120,000
= $870,000
Hence, the ending balance of the investment account is $870,000
