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3 years ago

What is definition of eeconomics?

Business

1 answer:

pochemuha3 years ago

8 0

Answer:

Economics is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices about how to allocate resources. ... The building blocks of economics are the studies of labor and trade.

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Which of the following are reasons that the short-run aggregate supply curve slopes upward? Check all that apply. As the price l

il63 [147K]

Answer:

As the price level rises, firms expand their production because they can sell their output for more money.

Explanation:

As the price level rises, supply increases as firms expand production to increase profits. And as price level falls, supply falls as firm reduce production. For this reason the short-run aggregate supply curve slopes upward.

Please find attached a graph showing the short-run aggregate supply curve

8 0

3 years ago

Allocation of Package Purchase Price Tamarack Company purchased a plant from one of its suppliers. The $1,000,000 purchase price

Novay_Z [31]

Answer:

The total purchase price of the plant allocated to the land, building, and machinery is $140,840, $509,707 and $355,453 respectively

Explanation:

The computation is shown below:

For land

= Total purchase price × appraisal value of land ÷ total appraisal value

= $1,006,000 × $126,000 ÷ $900,000

= $140,840

For building

= Total purchase price × appraisal value of building ÷ total appraisal value

= $1,006,000 × $456,000 ÷ $900,000

= $509,707

For machinery

= Total purchase price × appraisal value of land ÷ total appraisal value

= $1,006,000 × $318,000 ÷ $900,000

= $355,453

where, the total purchase price is

= $1,000,000 + $6,000

= $1,006,000

3 0

3 years ago

Sweet Treats common stock is currently priced at $17.15 a share. The company just paid $1.22 per share as its annual dividend. T

ddd [48]

Answer:

cost of equity = 9.68%

so correct option is d. 9.68%

Explanation:

given data

currently priced = $17.15

paid annual dividend = $1.22

dividends increasing = 2.4% annually

to find out

firm's cost of equity

solution

we get here cost of equity by apply price equation that is express as

Price = recent dividend × ( 1 + growth rate ) ÷ ( cost of equity - growth rate) .....................1

put here value we get

$17.15 = $\frac{1.22*(1+0.024)}{cost\ of\ equity - 0.024}$

solve it we get

cost of equity = 9.68%

so correct option is d. 9.68%

5 0

3 years ago

Builtrite had sales of $700,000 and cogs of $280,000. in addition, operating expenses were calculated at 25% of sales. builtrite

Leni [432]

This is the presentation of the income statement of Builtrite in order to compute the net income:

Sales $700,000

Less: COGS $280,000

Gross Profit $420,000

Less: Operating expenses ($700,000 x 25%) $175,000

Dividends expense $25,000

Capital loss $70,000 $270,000

Total $150,000

Add: Dividend income $40,000

Capital gain $55,000 $95,000

Net income $245,000

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3 years ago

I’m two to four sentences, explain economics of scale.

schepotkina [342]

These occur whenever a firm's marginal costs of production diminishes. they could result from change on a macroeconomic level, reducing burrowing costs. or new infrastructure

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3 years ago