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Anvisha [2.4K]
2 years ago
7

Both friends agree that the demand and supply for hybrid cars will increase. For each of the following situations, determine whe

ther the demand curve or the supply curve increases by dragging the item to the appropriate category.
Business
1 answer:
PSYCHO15rus [73]2 years ago
6 0

Answer:

see below

From online search the situations as a below:

a. The government gives consumers a subsidy to buy hybrid cars.

b. More automobile producers start producing hybrids.

c. The price of non-hybrid cars falls.

d. The price of batteries for hybrid cars rises.

e. Gasoline prices rise.

Explanation:

A) A subsidy would result in consumers paying less than they would ordinarily pay. A government subsidy is equivalent to a reduction in price for consumers. A decline in prices increases demand. The demand curve increase.

b). should more producers start manufacturing hybrid vehicles, it will increase the number of vehicles available for customers to buy. More producers result in more output, which is an increase in supply. The supply curve increases.

c). Non-hybrid cars are substitutes goods for hybrid vehicles. If the price of non-hybrid cars falls, their demand will increases. Consequently, the demand for hybrid cars reduces. Both The demand curve and supply curve will not increase.

d). An increase in battery price will increase the overall cost of producing hybrid cars. An increase in production cost results in a price rise. Consequently, it reduces the demand for hybrid cars.

Both the demand and curve curves will not increase.

e). Hybrid cars consume less gasoline compared to non-hybrid cars. An increase in gasoline price will make non-hybrid cars less desirable but will increase the demand for hybrid cars. The demand curve for hybrid cars increases.

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Alpha Moose Transporters's retained earnings breakpoint is B. $1,655,556

Explanation:

Addition to retained earnings = $745,000

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= $1,655,556.

Retained earnings breakeven is $1,655,556.

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Assuming purchase costs are declining and a periodic inventory system is used, determine the statements below which correctly de
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3 years ago
Layton Company purchased tool sharpening equipment on October 1, 2012, for $108,000. The equipment was expected to have a useful
dusya [7]

The amount of depreciation expense for the years ended December 31, 2012, 2013, 2014, and 2015, for Layton Company is determined as follows:

<h3>(a) the straight-line method:</h3>

2012:    $33,600

2013:   $33,600

2014:   $33,600

2015:   $0

<h3>(b) the units-of-output method:</h3>

2012:    $11,340 (1,350 x $8.40)

2013:   $35,280 (4,200 x $8.40)

2014:   $30,660 (3,650 x $8.40)

2015:   $23,520 (2,800 x $8.40)

<h3>(c) the double-declining-balance method:</h3>

2012:    $71,993 ($108,000 x 0.6666)

2013:   $24,002 ($36,007 x 0.6666)

2014:   $4,805 ($12,005 - 7,200))

2015:   $0

<h3>Data and Calculations:</h3>

Cost of equipment = $108,000

Useful life = 3 years

Operating hours = 12,000

Residual value = $7,200

Depreciable amount = $100,800 ($108,000 - $7,200)

Straight-line depreciation rate = $33,600 per year ($100,800/3)

Units-of-output method rate = $8.40 per hour ($100,800/12,000)

Double-declining-balance method rate = 66.6666 (100/3)

Thus, the depreciation expenses for the years ended December 31, 2012, 2013, 2014, and 2015, for Layton Company have been determined using (a) the straight-line method, (b) the units-of-output method, and (c) the double-declining-balance method.

Learn more depreciation methods at brainly.com/question/17102168

#SPJ1

3 0
2 years ago
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