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Naddika [18.5K]
3 years ago
5

Find out equilibrium price and output for the following market condition.

Business
1 answer:
Ierofanga [76]3 years ago
6 0

Answer:

At equilibrium demand is equal to supply therefore  

Qd=Qs

50-2P=3P

By collecting like terms

50=3P+2P

50=5P

P=10

THEREFORE  equilibrium price  is 10

Explanation:

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Answer:

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Explanation:

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5 0
3 years ago
Job 543 started on june 1 and finished on july 15. Total cost on july 1 was​ $10,800, and the costs added in july were​ $164,300
Snowcat [4.5K]

Answer:

$175,100

Explanation:

Job 523 started on June 1 and ended on July 15

The total cost on July 15 was 10,800

The cost added in July was 164,300

Therefore the debit to cost of goods sold can be calculated as follows.

= 10,800 + 164,300

= 175,100

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4 0
3 years ago
The following transactions apply to Ozark Sales for Year 1:
attashe74 [19]

Answer:

Current liabilities: Accounts payable$130,000

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Warranty Payable 4,000

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Notes payable 50,000

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Explanation:

7 0
2 years ago
Bramble Corp. on July 15 sells merchandise on account to Sheridan Company for $4000, terms 3/10, n/30. On July 20 Sheridan Compa
Vaselesa [24]

Answer:

Amount of cash flow will be $2328

So option (B) will be the correct answer

Explanation:

We have given total merchandise = $4000

And return merchandise = $1600

Here \frac{3}{10} means if Sheridan Company makes the payment within 10 days then he will get discount of 3 % as in the question he makes the payment within 10 days so he will will get 3 % discount

Now amount of cash received = total merchandise - return merchandise

= $4000 - $1600 = $2400

Now discount is 3 %

So after discount amount received =2400-2400\times 0.03=2400-72=$2328

So option (B) will be the correct answer

4 0
3 years ago
Increasing your 401k deduction will ________ your take-home pay and __________ your federal taxes in the current year.
Nat2105 [25]
Increase and increase
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