Answer and explanation:
The supply theory studies the relationship between the quantity supplied of a good or service and its price. If the quantity supplied decreases so will the price. If the quantity supplied increases so will the price. The relationship between the quantity supplied and the price is directly proportional.
To draw the supply curve, a coordinate graph is used. <em>Typically the price takes the vertical "Y" axis while the quantity supplied takes "X" horizontal axis. The fluctuations in price and quantity supplied will be joint in different points along the chart.</em>
Answer:
The correct answer is Soda diminishes slowly, but the marginal utility of an additional paper is close to zero.
Explanation:
Marginal utility is the benefit we get from the consumption of an additional unit of a good or service.
Marginal utility (UM) refers to the concept of “additional” or “extra”. Thus, it is the utility that is added or added when we consume a unit more than one good or service.
vMarginal utility depends on consumer preferences, which are not always known. However, regardless of its form or level, economists often agree that it is generally true that, as the consumption of a product increases, the profit we obtain is falling. This phenomenon was reflected in the so-called "law of diminishing marginal utility".
Answer:
A, multiple-sense approach
Explanation:
Multiple- sense approach can be simply defined as a marketing style that makes a product appeal to a consumer's sense of reasoning.
By multiple-sense or multi sense for short, Lea was able to involve the customer as well as the contractor on the project. This was to ensure the buyer understands and also by giving the contractor a feel of the product so as to be able to further convince the consumer.
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Answer:
$33,630
Explanation:
Given that the company's collection history shows that 43% of credit sales are collected in month of sale and the remainder (57%) is collected in the following month then, in the month of January, Cash collections in January from December credit sales would be equivalent to 57% of December Credit sales. Using the actual figures,
Cash collections in January from December credit sales would be
= 57% * 59,000
= $33,630
Answer:
$672,000
Explanation:
Net income
$460,000
Less:
Increase in accounts receivable
($83,000)
Add:
Decrease in inventory
$66,000
Add:
Increase in accounts payable
$270,000
Add:
Depreciation expense
$101,000
Less:
Gain on sale of land
($142,000)
Net cash
$672,000
Therefore, the net cash provided by operating activities under the indirect method is $672,000
