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katovenus [111]
2 years ago
6

In economics, the forces of___________________and__________________ determine the ____________________ in the market. Group of a

nswer choices Supply and demand and price Supply and Demand and average fixed cost Supply and Demand and production cost Supply and cost and price revenue Marginal cost and marginal revenue and average variable cost
Business
2 answers:
ASHA 777 [7]2 years ago
5 0

Answer:

Supply and demand and price

Explanation:

In economics, the forces of supply and demand determine the price in the market.

Umnica [9.8K]2 years ago
4 0
Economic supply and demand cost
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Lloyd Inc. had sales of $200,000, a net income of //415,000, and the following balance sheet: Cash $10,000 Accounts Payable $30,
Anastasy [175]

Answer:

The firm's new quick ratio is  2.9

Explanation:

The current ratio is calculated as  

Current ratio = Current assets / Current liabilities

2.5 times = (Cash + receivables + Inventories ) / (Accounts payable + Other current liabilities)

2.5 = ($10,000 + $50,000 + Inventories) / $50,000

$60,000 + inventories = $125,000

Inventories = $65,000

Therefore, $85,000 worth of inventories were sold off.

If the funds generated are used to reduce the common equity that is by repurchasing the equity at book value.

Hence, the common equity amounts to $115,000

Calculating the ROE before the inventory is sold off:

ROE = Net income / Stockholder's equity

= $15,000 / $200,000

= 0.075 or 7.5%

Calculating the ROE after selling off the inventory

ROE = $15,000 / $115,000

= 0.13 or 13%

The firm's new quick ratio is

Quick ratio = (Current assets - Inventories) / Current liabilities

= ($210,000 - $65,000) / $50,000

= 2.9

3 0
3 years ago
Oceania buys $100 of wine from escudia and escudia buys $80 of wool from oceania. suppose this is the only trade that these coun
Andre45 [30]
D. none of the above is correct
6 0
2 years ago
Share one or two specific examples of how you will use the concepts or strategies presented in this class to contribute to your
rosijanka [135]

Answer:

Explanation:

e concepts or strategies presented in this class

4 0
2 years ago
A company wants to set up their headquarters in Spain where the corporate tax rates are as follows: 11% of first $40,000 profits
cupoosta [38]

Answer:

The correct answer is $240,000 and $76,030.

Explanation:

According to the scenario, the computation for the given data are as follows:

Total Revenue = $350,000

Total cost = $100,000

So, Profit = $350,000 - $100,000 = $250,000

Allowable tax deduction = $10,000

So,Taxable income = $250,000 - $10,000 = $240,000

Tax to pay:

11% on first $40,000 = ( 11% × $40,000) =$4,400

22% on next $26,000 = ( 22% × $26,000) = $5720

39% on next $29,000 = ( 39% × $29,000) = $11,310

42% on ($240,000 - $110,000) = ( 42% × $130,000) = $54,600

So, Total tax payable = $4,400 + $5,720 + $11,310 + $54600

= $76,030

3 0
3 years ago
If the marginal cost of production is greater than the average cost, in what direction must the average cost be changing, if any
Ugo [173]

Answer:

Average cost would be rising.

Explanation:

Average cost is the cost of goods produced divided by number of goods produced. Cost of goods include both fixed cost and variable cost. However, marginal cost is the cost incurred in producing on addition unit, it changes the total cost of production. When average cost decline then the marginal cost will be less than average cost. When average cost increases then the marginal cost will be greater than the average cost and if Average cost stay the same then marginal cost will be equal to average cost.

4 0
3 years ago
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