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3 years ago

In each of the following cases, determine how supply or demand shifts and how the equilibrium changes.

Business

1 answer:

kupik [55]3 years ago

7 0

Explanation:

A. When microchip used in smartphones become less costly to produce, the supply of smartphones are going to increase, causing a fall in equilibrium price and a rise in equilibrium quantity.

since one of the resources used to make smartphones has become cheaper, more smartphones would be produced, raising its supply, increased supply causes fall in price and rise in equilibrium quantity.

B. since the ALS bucket challenge went viral, supply and demand for research would increase, causing equilibrium price or opportunity cost to either rise or remain unchanged. the equilibrium quantity will then rise, fall or remain unchanged

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Several years ago, the City of Russell issued $7 million of 6 percent serial bonds at 101. Principal payments of $350,000 are du

Sphinxa [80]

Answer:

the interest payable is $210,000

Explanation:

The computation of the interest payable is shown below:

= Principal payments × rate of interest × no of months ÷ total no of months × time period

= $350,000 × 6% × 6 months ÷ 12 month × 20years

= $210,000

hence, the interest payable is $210,000

The same should be considered and relevant

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3 years ago

Simons Company purchased land to build a new factory. The following expenditures were made in conjunction with the land purchase

Alexandra [31]

Answer: attached

Explanation:

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4 years ago

You and your spouse are in good health and have reasonably secure jobs. Each of you makes about $40,000 annually. You own a home

chubhunter [2.5K]

Answer:

$63,000

Explanation:

One of the four methods of determining insurance if the DINK method which means Double income with no kids.

To estimate the value of the insurance using this method , the sum of , mortgage , car loans and personal debt is divided by two and added to the funeral expenses

Mortgage - 100,000

Car loan - 11,000

Personal debt - 2000

Credit card - 3000

Total = 116,000

Insurance = (116,000/2) = 58,000

Funeral expenses - 5,000

=63,000

5 0

3 years ago

The cost of the basket of goods in 2005 is $550 and the cost of the basket of goods in 2011 is $700. if 2005 is used as the base

Natalija [7]

$127.27

Price index is (new year/old year)*100

If 2005 is the base/old year, then:

$700/550 = 1.27273 * 100 = $127.27

Price index is used to show inflation from year to year by the change in price for the same goods in a base year to current year. Price index for the base year compared to the base year will always be 100, so anything above that shows inflation.

4 0

3 years ago

The Marshall Company has a process costing system. All materials are added when the process is first begun. At the beginning of

Oliga [24]

Answer:

The equivalent units of of materials in September = 62,400 units

Explanation:

Equivalent units are useful to apportion cost between work in progress and completed units. They are notional whole units which represent incomplete work

Equivalent Units = Degree of work completed (%) × inventory units

Items units workings Equivalent units

Completed unit 58,500 58,500× 100% = 58,500

Closing WIP 6,500 6,500 × 3/5 = 3,900

Total equivalent units of materials 62,400.

The equivalent units of of materials in September = 62,400 units

5 0

3 years ago