Answer:
c. Shortage will cause the price to rise toward $10
Explanation:
c. Shortage will cause the price to rise toward $10
The equilibrium price is $10 this any price below the equilibrium price will create a shortage in the market because at price lower than equilibrium price, the demand is greater than the supply. Thus, shortage will push the prices upwards or towards equilibrium price.
Answer:
Interest will be $5000
So option (A) will be correct option
Explanation:
We have given principal amount P = $500000
Rate of interest = 6 %
Time is November 1 to December 31
So time = 2 months = 0.1666 year
Interest is given by
Interest 
So option (a) will be correct option
Answer:
1. Ending Carrying value value in 2016 = legal cost for application which is $20,000
Ending Carrying value in 2017 = legal cost of application in 2016 + legal fees incurred in 2017 = $20,00 + $8000= $28,000
2. The company should not amortize the trade as it was not impaired in 2016 and 2017.
The trade name can be amortized if it's useful life is known above which the company has determined that it will not use the trade name anymore, then it will be amortized over it's useful life.
The interdependency of transportation, distribution, communication, and economic networks across international borders globalization.
<h3>What is communication?</h3>
Communication is referred to the exchange of information between two individuals in the form of conversation, opinion, suggestion, or advice with the help of medium or direct interaction.
Globalization is a procedure by which the planet is becoming more interlinked as a consequence of drastically expanded trade and cultural interchange taking place through communication, transportation, and so on.
Learn more about communication, here:
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0.08x+0.085 (10000-x)=842.50
Solve for x
X= 1500 invested at 8%
10000-1500=8,500 at 8.5%