Answer:
a) supply; fall; quantity demanded to increase.
Explanation:
Technological innovation typically makes production easier and faster so the supply of golf balls would increase. This would lead to an excess of supply over demand and as a result prices would fall. The fall in price would attract consumers and the quantity demanded would rise.
I hope my answer helps you
Plane polarisation is the method of allowing only waves orientated in the same direction - only allowing vibrations in one plane. Only transverse waves can be plane polarised because their vibration is perpendicular to the direction of energy travel - you can therefore have this vibration at different orientations
Answer:
The journal entry which is to be made for the June is shown below:
Explanation:
The journal entry which is to be made for the June is as:
Supplies expense A/c..................................Dr $3,500
Supplies A/c..........................................Cr $3,500
Being record the supplies which were used by the business during operations
The supplies expense is debited against the supplies accounts which were used by the business during June.
Working Note:
Amount = Purchased amount supplies - Inventory of supplies on hand
where
Purchased amount supplies is $4,500
Inventory of supplies on hand is $1,000
So,
Amount = $4,500 - $1,000
= $3,500
A stock <span>symbol</span> is a short combination of letters used to identify the stock of a particular company.
Answer:
a. It will take her 5 years to pay for her wardrobe
b. She should shop for a new card once she is done paying for this one.
c. She should shop for a new card after finishing paying for this card since going further into debt with the current card would be a bad idea. This is due to the fact that an annual interest rate of 16% is very high. The best option would therefor to finish her payments on the credit card, then shop for a new card with a lower annual interest rate.
Explanation:
Use the formula below to determine the number of months it would take Rachel to pay off her debt;
C *{1-(1+r)^(-n×t)}/(r/n)=PV
where;
C=annuity
r=annual interest rate
n=number of compounding periods in a year
t=number of years
PV=present value
In our case;
PV=$10,574
C=$260
r=16%=16/100=0.16
n=12
t=unknown
replacing;
260*{1-(1+0.16/12)^(-12×t)}/(0.16/12)=10,574
1-(1+0.16/12)^(-12×t)={10,574×(0.16/12)}/260
1-{1.013^(-12 t)}=0.542
(1-0.542)=1.013^(-12 t)
ln 0.458=-12 t (ln 1.013)
t=-ln 0.458/12×ln 1.013
t=5
It will take her 5 years to pay for her wardrobe
b. She should shop for a new card once she is done paying for this one.
c. She should shop for a new card after finishing paying for this card since going further into debt with the current card would be a bad idea. This is due to the fact that an annual interest rate of 16% is very high. The best option would therefor to finish her payments on the credit card, then shop for a new card with a lower annual interest rate.
