Answer: C.) Horizontal sum of all the individual firm's supply curve
Explanation: A perfectly competitive market, is that in which sellers or suppliers of a certain product are numerous such that a slight increase in price, and demand could fall to 0. Here, an individual seller has no control over the price of commodities. The supply curve tells how much quantity will be produced at different prices. Therefore the market supply curve is determined by all individual sellers individual price in other to determine the overall quantity to be produced at varying market price. Prices are drawn horizontally from the y-axis to determine quantity produced at different prices for each indivudual seller which is summed to generate the market supply curve.
Answer:
$68,475
Explanation:
Data provided
Sales in October = $249,000
Credit percentage = 55%
Following month percentage = 50%
The calculation of accounts receivable is shown below:-
Credit sales in October = $249,000 × 55%
= $136,950
Collection collected in October
= $136,950 × 50%
= $68,475
Therefore, for computing the collection collected in October we simply multiply the credit sales in October with following month percentage.
Answer:
1000 000 (1 million)
Explanation:
(number of unemployed/ labour force)=0.1
(100 000/0.1)=workforce
workforce= 1000 000
Answer:
C. Transportation in the Sacramento Valley underwent an evolution from necessity.
Explanation:
i did it on Usatestprep
Answer:
The company must invest $ 100,879.85 ( approx )
Explanation:
Let P be the invested amount,
The annul rate, r = 6% = 0.06,
Number of years, t = 5 years,
Thus, the total amount after 5 years,



We have, A = $135,000,

( Using calculator )
Hence, company must invest $ 100,879.85 ( approx )