1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Maurinko [17]
2 years ago
14

Assuming everything else stays the same, an increase in the price of laptop computers will __________ of laptop computers. a) de

crease the quantity demanded b) increase the demand c) increase the quantity demanded d) decrease the demand
Business
1 answer:
tia_tia [17]2 years ago
8 0

Answer:

a) decrease the quantity demanded

Explanation:

According to the law of demand, an increase in the price of a good reduces the quantity demanded for that good.

You might be interested in
When a parent uses the equity method throughout the year to account for its 80% investment in an acquired subsidiary, which of t
ValentinkaMS [17]

Answer:

c. Parent company total assets equals consolidated total assets

Explanation:

  • The equity method is a process of treating investment in an associated companies and is usually applied where the investor holds about 50% of the companies stocks and this has a significant influence in the later management.
  • They are recorded in the balance sheets and are associated with the companies net incomes and investments. If 80% of the investment is accounted for the subsidiary then the parent company total assess will not be equal o the total assets as it involves taxes.
4 0
3 years ago
Problem 1-11 For most products, higher prices result in a decreased demand, whereas lower prices result in an increased demand.
andrew-mc [135]

Answer:

The firm will sell 600 units at $20

Explanation:

Giving the following information:

d = annual demand for a product in units

p = price per unit

d = 800 - 10p

p must be between $20 and $70.

Elastic demand

We have to calculate how many units the firm will sell at $20

d=800-10*p=800-10*20= 600 units

3 0
2 years ago
If the Fed increases the discount rate, which of the following accurately describes the sequence of events that will follow in t
AnnZ [28]

Answer: A. Reserves ↓: Excess reserves ↓; Loans ↓; Deposits ↓; Money supply ↓

Explanation:

The discount rate is the rate at which the Fed lends money to banks and other depository type institutions. Normally banks have a reserve requirement that the Fed requires of them which states how much they are to leave with the Fed as a reserve. Banks tend to fall short of this reserve sometimes and so can borrow from the Fed to balance it off.

If the Fed increase the rate at which these banks can borrow, they will not want to do so thus leaving their Reserves at the Fed lower than it should be. They will then use their excess reserves which is money kept in reserve more than the Fed requires, to balance off their reserve at the Fed.

As a result of this reduction in their Excess reserve, they will have less money to give out as loans. With less loans being made, people will not have as much money to deposit after taking the loans. Money supply will then fall as a whole.

4 0
3 years ago
A manufacturing plant is trying to determine standard production per day for an incentive program. Suppose that the incentive pr
raketka [301]

Answer:

He would receive $15 under incentive plan.

Explanation:

The given values are:

Average observed time

= 280 seconds per unit

Performance rating

= 105%

i.e.,

= 1.05

Allowance factor

= 13%

i.e.,

= 0.13

So,

⇒  Standard \ time = \frac{(Average \ observed \ time\times Performance \ rating)}{1-Allowance \ factor}

On putting the estimated values, we get

                             =\frac{(280\times 1.05)}{(1-0.13)}

                             =\frac{294}{0.87}

                             = 337.93 \ seconds

The available time will be:

= (8 \ hours\times 60 \ min/hr\times 60 \ sec/min)

= 28800  \ seconds

Now,

The Standard production per day will be:

= \frac{Available \ time}{Standard \ time}

= \frac{28800}{337.93}

= 85.22 \ units

Since he generates 100 units, he consumes about 15(00-85,22) units per day well above normal production.  

So that he's going to get:

= 15\times 1

= 15 ($)

8 0
2 years ago
The following production data were taken from the records of the Finishing Department for July:Inventory in process, June 1, 30%
zepelin [54]

Answer:

Conversion Cost Equivalent units FIFO           39, 125

Explanation:

Beginning WIP           5,000 30% completed

transferred units       39,500

ending WIP                 4,500  25% completed

<u>The equivalent units will be:</u>

the transferred units

- complete portion for the beginning WIP

+ complete portion of the ending WIP

transferred out                      39,500

work in previous period

5,000 x 30% =                         (1,500)

worked but not complete

4,500 x 25% =                        <u>  1, 125 </u>  

Equivalent units FIFO           39, 125

5 0
3 years ago
Other questions:
  • The term "screen addiction" was coined specifically to address:
    8·1 answer
  • (a) A local bookseller is considering expanding store space to increase his capacity for books.
    10·1 answer
  • Suppose that demand for a product is Q = 1200 − 4P and supply is Q = −240 + 2P. Furthermore, suppose that the marginal external
    9·1 answer
  • Fil in the blanks with options given in below:
    10·1 answer
  • Portman Industries just paid a dividend of $2.16 per share. The company expects the coming year to be very profitable, and its d
    12·1 answer
  • Haroldsen Corporation is considering a capital budgeting project that would require an initial investment of $350,000. The inves
    14·2 answers
  • Assuming a routine manufacturing activity, present journal entries (account titles only) for each of the following transactions:
    14·1 answer
  • Question 9 of 10
    12·1 answer
  • Nagel Equipment has a beta of 0.88 and an expected dividend growth rate of 4.00% per year. The T-bill rate is 4.00%, and the T-b
    6·1 answer
  • Consider a competitive labor market. Using the model of how income is determined in a labor market, describe the effects on wage
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!