Which method of backing up digital photographs involves physical storage of files?

Which of the following scenarios illustrates the law of demand?

Genrish500 [490]

Answer:

Option B is correct.

Explanation:

In order to answer this question correctly, we first need to understand the law of demands.

Law of demands: It says that the relationship of price and quantity demanded is inversely proportional. It means if the price of a particular product goes high, then the quantity of demand will be reduced. Similarly, if the price of the product is low then the quantity of demanded will be higher.

Here,

Option B is the most relevant to the Law of Demand which says that Kathleen eats more steak when the price is low. It means when the price is low, the quantity of steak demanded is higher in Kathleen's case. Furthermore, Kathleen eats less when the price is high. It means, when the price of steak is higher then the quantity of steak demanded from Kathleen is low.

Hence, Option B is the correct option which fulfills the law of demand.

3 0

2 years ago

Suppose that you purchased a conventional call option on growth in Non-Farm Payrolls (NFP) with an exercise price of 210,500 job

kow [346]

Answer:

Suppose that you purchased a conventional call option on growth in Non-Farm Payrolls (NFP) with an exercise price of 210,500 jobs. The NFP conventional contract pays out $85 for every job created in excess of the exercise price. a. What is the value of the option if job growth is 193,500.

The value of the option if job growth is 193,500 is $0.

Explanation:

Since the job growth of 193,500 is less than the exercise price of 210,500 jobs, the value of the option on the contract in the given question is Zero.

Therefore, the value of the option if job growth is 193,500 is $0.

7 0

3 years ago

Read 2 more answers

A couple has two children. They live in Missouri and have a combined annual income of $96,730. The couple has a mortgage, a car

Mashutka [201]

I'm going to guess, but i would say the best answer would be B. They could file for Chapter 7 bankruptcy and discharge most of their debt.

6 0

2 years ago

On June 30, Police Company issues 6 %, 10-year bonds payable with at face value of $ 100 comma 000. The bonds are issued at f

Fiesta28 [93]

Answer:

The journal entry upon issuance of the bond is as follows:

Dr Cash $100,000

Cr Bonds payable $100,000

to record issuance of bond for cash

Journal entry for semi-annual interest

Dr Interest expense $6000

Cr Cash $6000

Being payment of bond semi-annual interest

Explanation:

Upon issuance of the bond with face value and issue price of $100,000, the cash position of the Police company increases by $100,000, hence the cash account should receive a debit of $100,000, but the issue also implies increased debt obligation, as a result , the bonds payable account is also credited with the same amount.

Concerning, the interest payment, which is an outflow of cash, the cash account is credited and the interest expense account is debited as an increase in expense.

The amount of interest is $6000(6%*$100,000).

5 0

2 years ago

On January 1, Year 1, Missouri Co. purchased a truck that cost $35,000. The truck had an expected useful life of 10 years and a

ANTONII [103]

Answer:

B. $5600

Explanation:

Purchase price = $35,000

Expected life cycle= 10 years

Salvage value= $3000

Depreciation expense at the year 2= ?

Solution:

Using a straight line method.

Depreciation= Purchase price/expected useful life( straight line method)

Depreciation= 35,0000/10

=$3500 which is equivalent to 10% of the original price.

Using double declining-balance method, the value will double to

Depreciation expense in Year 1 = (20% of $35000) $7000

Depreciation expense in Year 2=

(20% of $28,000) $5600

8 0

3 years ago