A decrease in supply while holding demand constant results in a(n) increase in equilibrium price, and a decrease in equilibrium quantity.
<h3>What is a decrease in supply?</h3>
Where there is a decrease in supply, it means the level of supply of a certain good has decreased. Some of the factors that cause a decrease in supply are:
- fall in the number of producers
- Increase in the price of inputs
A decrease in supply would lead to a leftward shift of the supply curve. This leads to a decrease in equilibrium quantity and an increase in equilibrium price.
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Answer:
The correct answer is C $41,250
Explanation:
For computing the interest revenue, first we have to calculate the present value and than compute the interest amount for both the years 2014 and 2015.
So,
Present value of notes = $500,000 × 0.75
= $375,000
Now, compute the interest earned for both the years
For 2014 = $375,000 × 10%
= $37,500
For 2015 =$37,500) × 10%
= $3750
So for 2015 = $37,500 + $3750 = $41,250
Hence, $41,250 of interest revenue should be included in Ball's 2015 income statement
Thus, the correct answer is $41,250
Answer:
The correct answer is False.
Explanation:
The amortization operation consists of regularly distributing the repayment of the principal (C0), together with the interest accrued throughout the life of the loan. The periodic payments made by the borrower are therefore intended to reimburse, extinguish or amortize the initial capital. This justifies the name of the depreciation transaction and the depreciation terms that are usually assigned to these payments.
Answer:
$2.45
Explanation:
The formula to compute the marginal revenue is shown below:
Marginal revenue = Change in total revenue ÷ Change in number of quantity sold
where,
Change in total revenue would be
50 burgers × $5 = $250
51 burgers × $4.95 = $252.45
So, the change in total revenue is
= $252.45 - $250
= $2.45
And, the change in number of quantity sold is
= 51 burgers - 50 burgers
= 1
So, the marginal revenue is
= $2.45 ÷ 1
= $2.45
Answer:
1. B2B refers to Business to Business transactions.
Here businesses engage in buying and selling transactions of goods and services amongst themselves. An example includes Wholesalers selling to Retail stores.
2. B2C refers to Business to Customer transactions.
This is when the business sells directly to the customer thereby cutting out the need for the Middlemen. It is the term that online retailers fall under as they sell directly to customers from their websites.
An example therefore is ordering from Amazon.
3. B2G refers to Business to Government transactions.
This includes the business transactions between the businesses and the Government be it Federal, State or Local level. Here businesses bid on the services that the government wants provided and the Government chooses the best alternative. An example is Boeing building B-52 Bombers for the US Armed Forces.
4. C2C refers to Customer to Customer transactions.
These transactions occur when people sell their goods and services directly to one another. This can happen when they post their wares online and other individuals buy it from there.
An example would be eBay where people post their goods and others buy it.
