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3 years ago

In terms of SUPPLY, what factors have contributed to the fall in oil prices?

1 answer:

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Current supply and output. Until recent years, Organization of Petroleum Exporting Countries (OPEC) often set supply through a quota system.

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Which of the following would lead to an increase in the demand for golf balls?

dangina [55]

Answer:

Option C, An decrease in the price of golf balls, is the right answer.

Explanation:

Option “C” is correct because as per the law of demand, the price of a commodity and its demand are inversely related to each other. If the price increases, then the demand for the commodity falls. If the price of the commodity falls, then the demand increases. Similarly, in the case of golf balls, when its price decreases then this decrease in price will result in an increase in demand for golf balls.

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4 years ago

Company XYZ has the following sales budget for the last six months of 2018. July $100,000 August $75,000 September $100,000 Octo

sweet [91]

Answer: $67,250

Explanation:

Sales budget : July $100,000, August $75,000, September $100,000, October $70,000, November $110,000, December $94,000

What are the expected cash collections of sales in October

From the question, cash collection of sales has been as follows: 60% of sales collected in month of sales 20% of sales collected in month following sale 7% of sales collected in second month following sale 2% of sales uncollectible

Sales: 75,000 100,000 70,000

August. 45,000.

September 15,000 60000

October 5,250. 20,000 42,000

Total collected in October is 5250+20000+42,000= 67,250

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3 years ago

As of January 1, Year 2, Room Designs Inc. had a balance of $9,900 in Cash, $3,500 in Common Stock, and $6,400 in Retained Earni

dexar [7]

Answer:

What did the company purchase that resulted in the cash outflow from investing activities?

It purchases Land for 16,500

Explanation:

The investing activities outflow will be for the purchase of long tem assets in cash.

The complete cash outflow for investing activities is explain it through the land account:

cash outflow: 16,500

land: 16,500

There are no other long-term assets which can explain the variance plus, the land account covers the amount entirely.

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3 years ago

Joe is a landlord of a small apartment building in the downtown district. He usually charges $3,000 per month for his apartments

Nimfa-mama [501]

When the new law is passed, the effect on the supply and demand of apartments is that Supply down, demand up.

<h3>What happens when a price ceiling is below the equilibrium?</h3>

When the equilibrium price which is $3,000 in this case, is higher than the price ceiling of $2,600 in this case, more people will demand apartments because they will be more likely to afford it.

Supply on the other hand, will decrease because less people will want to make their places available at below equilibrium price.

Find out more on price ceilings at brainly.com/question/1448982.

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8 0

2 years ago

Read 2 more answers

Greening refers to: a. Answer the need for more carbon dioxide in our air. b. firms acquiring more green backs (U.S. dollars) fr

Ipatiy [6.2K]

Answer:

The correct answer is letter "C": finding ways to lessen the harm on our environment.

Explanation:

Greening implies analyzing what factors of businesses are harmful to the environment where the firm carries out its operations so that impact can be reduced in favor of the natural atmosphere. To achieve that goal, companies take several steps such as <em>reducing power and water service usage, recycling </em>or <em>planting trees</em> in affected environments.

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3 years ago