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2 years ago

If the market price moves from one point on a demand curve to another point on the curve what has happened to the market demand?

Business

1 answer:

sdas [7]2 years ago

8 0

Answer:

4. The total market demand has not changed

the demand has been adjusted by a change in supply

Explanation:

Movement along a demand curve results from changes in the price of the product. Supply influences price change. Movement along a demand curve means the quantity demanded has increased or decreased due to a price change.

A total change in demand is when the quantity demanded changes at all prices. Changes in customers' preferences or a change in the prices of compliment or supplement products make the entire demand change.

A shift in the demand curve demonstrates a total chan

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Sonia creates tests for judging product safety and advises companies about how to reduce harm from use or misuse of the product.

MAVERICK [17]

Answer:

I think is Material Engineer.

Explanation:

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2 years ago

he following information pertains to Lightning Inc., at the end of December: Credit Sales $ 20,000 Accounts Payable 10,000 Accou

agasfer [191]

Answer:

What is the appropriate amount of Bad Debt Expense?

Bad debt expense $ 1,178

Allowance for Uncollectible Accounts $ 1,178

Explanation:

The total amount of Allowance for Uncollectible Accounts is a credit of $0,400

Initial Balance

Accounts Receivable $ 10,400

Allowance for Uncollectible Accounts $ 0,400

The aging method indicates that the total amount must be :

Acc. Rec Allow.

7% $ 7,000 $ 0,490 Not yet due

15% $ 1,700 $ 0,255 1-30 days

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It's necessary to entry the next journal entry to meet the amount indicated by the aging method.

Bad debt expense $ 1,178

Allowance for Uncollectible Accounts $ 1,178

7 0

2 years ago

Winston Clinic is evaluating a project that costs $52, 125 and has expected net cash inflows of $12,000 per year for eight years

kvv77 [185]

Answer:

Payback period (years): 4.23 years

NPV: $6,685

IRR: 16%

MIRR: 14%

The project is financially acceptable because IRR and MIRR is greater than cost of capital

Explanation:

Payback period is calculating the number of year when cash inflow can cover cash outflow (regardless the present value of cash inflow).

As we can easily estimate, cash inflow in 5 year can cover the investment.

Then payback period = 4 years + 12000/52,125 = 4.23 years

We can use excel to calculate NPV, IRR, MIRR in the formula as below

Net present value of project: NPV=(discounting rate, cash outflow, cash inflow) = (12%, -52125,12000,12000......,12000) = $6,685

Internal rate of return: IRR= (cash outflow, cash inflow) = ( -52125,12000,12000,......,12000) = 16%

Modified internal rate of return: MIRR = (cash outflow, cash inflow, IRR, cost of capital) = (-52125,12000,12000......,12000,16%,12%) = 14%

<em>Please see attachment for more details.</em>

Download xlsx

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2 years ago

Danny, a longtime hotel manager for Hilton, was meeting with Sara, a regional manager, and telling her about his recent decision

sesenic [268]

Answer: rational decision-making model

Explanation:

Rational decision-making model could be seen as when the decision maker has all alternatives on a decision with much information, with time on their hands and resources to evaluate the various choices thats made available before them.

Danny's choice to go against other people decision and using a detailed and different consideration for the employee decribed he used a rational decision making model, he still believed in the individual when others did not, and this affected his decision and didn't allow that of others to influence him.

8 0

3 years ago

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Law Incorporation [45]

This question is incomplete! here is the complete question with answer!

Car X can come with any of these 5 additional features: sunroof, stereo, tinted windows, leather seats and cruise control.

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D The relationship cannot be determined from the information given.