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3 years ago

In general, as price increases, demand decrease? True or False.

2 answers:

8 0

False, the reason the prices raise is because of high demand. If people want a product they will buy it at a higher price.

likoan [24]3 years ago

7 0

False people will not want it as more when the price goes up

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Jay is an 21 year old college senior. He reads on a financial blog that interest rates are being lowered by the Federal Reserve.

IceJOKER [234]

Answer:

Explanation:

6 0

3 years ago

Read 2 more answers

Suppose on January 1 Aiden's Tavern prepaid rent of $ 13 comma 200 for the full year. At July 31, how much rent expense should

Paha777 [63]

Explanation:

13,200 Rent prepaid on January 1 for 1 year

÷ 12 Months

$ 1,100 Rent expense per month

Thus, $1,100 Rent expense per month

× 7 Months

$7,700 Rent expense for January through July

At July 31, Aiden's Tavern should record $ 7700 of rent expense.

8 0

3 years ago

Students who live on campus and purchase a meal plan are randomly assigned to one of three dining halls: the Commons, Northeast,

Brut [27]

Answer:

What is the probability that the next student to purchase a meal plan will be assigned to the Commons?a. 0.33

Explanation:

P(A) = (No. of ways A can occur)/(Total no. of possible outcomes)

P=1/3

P=0,333

5 0

3 years ago

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The steam requirements of a manufacturing facility are being met by a boiler whose rated heat input is 5.5 × 106 Btu/h. The comb

e-lub [12.9K]

Solution:

Given Information,

Heat input is ( $Q_{in}$ ) = 5.5 × $10^{6}$ Btu/h

Combustion efficiency of the boiler ( $n_{furnance}$ ) = 0.7

Combustion efficiency after turn up ( $n_{furnance,now}$ ) = 0.8

Operation Hour (t) = 5200h

Unit cost (c) = $\frac{23 dollar}{10^{6}Btu }$

Calculate heat output from the boiler $Q_{out}$ = $Q_{in}$ x $n_{furnance}$

= 5.5 x $10^{6}$ x 0.7

= 3.85 x $10^{6}$ Btu/h

Calculate the heat input to the boiler after the tune-up

$(Q_{in} ){new}$ = $Q_{out}$ / $(n_{furnance} ){new}$

= 3.85 x $10^{6}$ / 0.8

= 4.8125 x $10^{6}$ Btu/h

Calculate the saved energy after the tune-up

$(Q_{in} ){saved}$ = $Q_{in}$ - $(Q_{in} ){new}$

= 5.5 x $10^{6}$ - 4.8125 x $10^{6}$ Btu/h

= 0.6875 x $10^{6}$ Btu/h

Calculate the annual energy saving ( $E_{Saving}$ )

$E_{Saving}$ = $(Q_{in} ){saved}$ x t

= ( 0.6875 x $10^{6}$ Btu/h ) ( 5200 hr/yr)

= 3575 x $10^{6}$ Btu/h

Calculate the annual cost saving

Annual cost saving = $E_{Annual saving}$ x Unit cost

= 3575 x $10^{6}$ Btu/h x $\frac{23 dollar}{10^{6}Btu }$

= 82225

4 0

3 years ago

Milani, inc., acquired 10 percent of seida corporation on january 1, 2017, for $190,000 and appropriately accounted for the inve

Natalija [7]

The 2018 journal entries for Milani related to its investment in Seida are its share in net income and share in dividends. The investment in considered as investment in associate since there is already the significant influence in Seida. These are the journal entries:

Investment in Seida 12,0000

Share in net income of Seida ($30,000 x 40%) 12,000

Cash ($110,000 x 40%) 44,000

Investment in Seida 44,000

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6 0

3 years ago