Answer:
d. there is a movement along the demand curve of that good or service.
Explanation:
A change in price of a good or service leads to a movement along the demand curve either up or down. If price increase, quantity demanded falls and there's a movement up the demand curve. If prices fall, quantity demanded rises and there's a movement down the demand curve.
I hope my answer helps you
Answer:
Use cross-tabulation method
Explanation:
To examine the association and responses of employees without children and with children a cross-tabulation technique is preferred. Cross tabulation technique is feasible to analyse the association between two or more variables. It also helps to analyse quantitative analysis. Cross tabulation will help two analyse two series of data separately and it can also assist in analysing the relationship
Answer:
J1
Cost of Sales $3,770 (debit)
Merchandise $3,770 (credit)
J2
Merchandise $230 (debit)
Cost of Sales $230 (credit)
Explanation:
When Cullumber Company sells goods to Pharoah Company the entries to recognize the cost of sale and decrease in inventory will be :
Cost of Sales $3,770 (debit)
Merchandise $3,770 (credit)
When Pharaoh Company returns goods to Cullumber Company, the entries to de-recognize the cost of sale and recognize the replenishment of inventory will be :
Merchandise $230 (debit)
Cost of Sales $230 (credit)
Answer:
8.23%
Explanation:
WACC is the average cost of capital of the firm based on the weightage of the debt and weightage of the equity multiplied to their respective costs.
According to WACC formula
WACC = ( Cost of common stock x Weightage of common stock ) + ( Cost of preferred stock x Weightage of preferred stock ) + ( Cost of debt ( 1- t) x Weightage of debt )
As cost of debt is already given in after tax rate, so there is no need to used tax factor in the formula. Placing value in the formula,
WACC = ( 11.5% x 45% ) + ( 7% x 15% ) + ( 5% x 40% )
WACC = 5.175% + 1.05% + 2% = 8.225% = 8.23% (rounded off)
Answer: C. an output level of about four.
Explanation: In order to maximize profit, the firm should produce where its marginal revenue and marginal cost are equal. The firm's marginal cost of production is $20 for each unit. When the firm produces 4 units, its marginal revenue is $20. Thus, the firm should produce 4 units of output.
To find it, divide the total cost (TC) by the quantity the firm is producing (Q). Average cost (AC) or average total cost (ATC): the per-unit cost of output.
Output producer prices are the basic prices received by the producer exclusive of taxes on products, separately invoiced transport charges, and retail and wholesale margins.
