Wegmans' excellent ________ far exceeds customer expectations, especially for a grocery store chain.

If AD increases, which of the following will result? a. an increase in output and an increase in the price level.b. an increase

Bess [88]

Answer:

a. an increase in output and an increase in the price level.

Explanation:

If Aggregate Demand increases, this will result in an increase in output and an increase in the price because short run aggregate demand measures total output for a single nominal price level

In the long-run, increases in aggregate demand cause the price of a good or service to increase. When the demand increases the aggregate demand curve shifts to the right.

Also, increased demand for a product in the long run will lead to increased output being supplied.

The aggregate supply determines the extent to which the aggregate demand increases the output and prices of a good or service.

3 0

4 years ago

Car owners can incur a number of costs. Suppose that your parents are willing to pay for the fixed costs of your car, but you mu

xz_007 [3.2K]

Answer:

1. Monthly car payment ( fixed cost)

2. gasoline (variable cost)

3. oil changes (Variable cost)

4. insurance (fixed cost)

5. License plate (Fixed cost)

6. car registration (fixed cost)

7. New tires (variable cost)

8. toll road charges (variable cost)

9. car wash cost (variable cost)

Explanation:

First, you have to know that there are two main kinds of costs that a company or and individual can incur, and they are; fixed cost or variable cost.

Fixed cost:

A fixed cost remains the same, no matter the volume of output. In a company production cost, a fixed cost does not change no matter how many goods or services the company produces. Examples are rent, salaries, insurances, utilities etc. Even though a company does not make any production within a certain month, it will still have to pay the rent for its apartment and equipment, and the workers must be paid too. so the cost remains the same whether output increases or decreases. In our example, the fixed cost on the car is one that does not change no matter how much time the car is used within that month or period, and they include; monthly car payment, which must have a certain fixed amount during the first payment, insurance is fixed, license plates which is a one-time payment is fixed, car registration (annual) is also fixed, how the car was used or not used that year does not affect the annual registration.

variable cost:

A variable cost is one that changes as the volume of production or output change. Example if a company usually incurs a cost of $2 on leather for producing a pair of shoes and it usually produces 1000 pairs in a month, it means its monthly cost for leather is $2000 dollars. If it produces 4000 pairs this month, the cost of production increases to $8000 for the month so it varies with production volume. In our example, the variable cost on the car are costs that change periodically with how the car is used; gasoline, oil changes, toll road charges (which depends overall on how many times the car is used on the road) and car wash cost are all variable costs.

4 0

4 years ago

Bonita Cosmetics acquired 10% of the 218,000 shares of common stock of Martinez Fashion at a total cost of $13 per share on Marc

Semmy [17]

Answer:

See explanation section

Explanation:

Req. A: Situation 1

Mar 18 Available for sale of stocks of MF Debit $283,400

Cash Credit $283,400

Note: As Bonita acquired 10% of Martinez shares at $13, total cash has to be paid to Martinez Fashion = (218,000*10%) × $13 = 21,800 shares × $13 = $283,400.

Jun 30 Cash Debit $7,130

Dividend Revenue Credit $7,130

Note: As Martinez declared $71,300 to all stockholders, Bonita will receive 10% of those dividends as they acquired 10% of the total stocks. The cash received from the MF is = $71,300 × 10% = $7,130.

Securities Fair Value

Dec 31 Adjustment Debit $21,800

Unrealized holding gain (loss)- Equity Credit $21,800

Note: As the market price of the share increased to $14-$13 = $1, Bonita would gain from the increased market price. Total gain = $1 × (218,000 shares × 10%) = $21,800.

Req. B Situation 2

Investment in Seles

Jan 1 Common stock of Seles Corp. Debit $77,520

Cash Credit $77,520

Note: As Windsor, Inc. obtained 30% of Martinez shares at $8, total cash has to be paid to Martinez Fashion = (32,300*30%) × $8 = 9,690 shares × $8 = $77,520.

Jun 15 Cash Debit $10,560

Dividend Revenue Credit $10,560

Note: As Seles declared $32,300 to all stockholders, Windsor, Inc. will receive 30% of those dividends as they acquired 30% of the total stocks. The cash received from the MF is = $32,300 × 30% = $10,560.

Investment in Seles

Dec 31 Cash Debit $24,600

Revenue Credit $24,600

Note: As Seles reported a net income of $82,000, due to acquiring 30% of Seles stock, Windsor, Inc. will receive 30% of its net income. The revenue is = $82,000 × 30% = $24,600.

5 0

3 years ago

In which of the following cases should the United States produce more noodles than it wants for its own use and trade some of th

balandron [24]

Answer:

A. Italy has a comparative advantage over the United States in producing wine.

Explanation:

A country has comparative advantage in production if it produces at a lower opportunity cost when compared with other countries. A country should specialise in the production of the good for whuch it has comparative advantage in and import goods for which it doesn't have comparative advantage in its production.

If Italy has comparative advantage in the production of wine and the US doesn't, Italy should produce wine and export to the US. While, US should produce pasta and export to Italy, if has a comparative advantage in the production of pasta.

A country has absolute advantage in the production of a good or service if it produces more quantity of the good when compared with other countries.

I hope my answer helps you

6 0

3 years ago

What factors should be considered when making an offer on a home?

olga55 [171]

Answer:

price

Explanation:

because u always have to no the price of the home

6 0

3 years ago

Read 2 more answers