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prisoha [69]
3 years ago
11

Which may occur as a result of a decrease in the price of laptop computers?

Business
1 answer:
Nimfa-mama [501]3 years ago
5 0

Answer:

<em>Increase in quantity demanded</em>

Explanation:

Demand for a product is the different quantities of that product that consumers are willing and ready to pay for at different prices.

There are many factors that affect the demand for a product; these include change in the price of the product, price of related products, change in consumer income, change in fashion, taste and style.

<u><em>Change in quantity demand</em></u>

Specifically, the law of demand states that there is an inverse relationship between quantity demand and its price. Change in quantity demand is a movement along the demand curve.

<em>A change in the price of a product will produce an opposite change in  the quantity that consumers  are willing to buy assuming all other factors do not change. This is referred as to as change in quantity demand. This can either be an increase or a decrease depending on the direction of the price movement.</em>

<u><em>Change in demand</em></u>

<em>Change in demand is the shift in the demand curve to either right or left.  This can be attributed to any of the factors that affect demand other the price e.g change in income.</em>

<em>Therefore a decrease in the price of laptop computers will lead to an increase in the quantity demanded</em> .

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c.Internal environment

Explanation:

internal environment refers to the culture, members, events and factors within an organization that has the ability to influence the decisions of the organization.

Organizational Culture is affected by the influence of the founder leader

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3 years ago
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What are the four qualities of good leadership?
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Cost Flow Methods The following three identical units of Item LO3V are purchased during April: Item Beta Units Cost April 2 Purc
Lelechka [254]

Answer:

a. Gross Profit =$89, Ending Inventory = $640

b. Gross Profit =$83, Ending Inventory = $631

c. Gross Profit =$86, Ending Inventory = $634

Explanation:

FIFO

<u>a.Gross Profit</u>

Sales ( 1 unit × $403)                      $403

Less Cost of Sales ( 1 unit × $314) ($314)

Gross Profit                                       $89

<u>b. Ending Inventory</u>

Ending Inventory = Units Left × Earliest Price

                            = 2 units × $320

                            = $640

LIFO

<u>a.Gross Profit</u>

Sales ( 1 unit × $403)                        $403

Less Cost of Sales ( 1 unit × $320) ($320)

Gross Profit                                         $83

<u>b. Ending Inventory</u>

Ending Inventory : 1 unit × $314 =  $314

                               1 unit × $317 =  $317

                              Total              =  $631

Weighted Average Cost method

<u>a.Gross Profit</u>

Sales ( 1 unit × $403)                      $403

Less Cost of Sales ( 1 unit × $317) ($317)

Gross Profit                                       $86

<u>b. Ending Inventory</u>

Ending Inventory = Units Left × Average Price

                            = 2 units × $317

                            = $634

4 0
3 years ago
CII, Inc., invests $630,000 in a project expected to earn a 12% annual rate of return. The earnings will be reinvested in the pr
Gelneren [198K]

Answer:

$1,956,684

Explanation:

As the project has a expected annual return, we have to calculate future value of this investment to find how much money Cll, Inc. will have after 10 years to reinvest.

We know,

FV = PV × (1 + i)^{n}

Given,

Present Value, PV = $630,000

Annual rate of return, i = 12% = 0.12

Number of period, n = 10 years

Putting the value into the above formula, we can get,

FV = $630,000 × (1 + 0.12)^{10}

FV = $630,000 × 3.105848

FV = $1,956,684

$1,956,684 can be reinvested after the liquidation of 10 years.

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