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alukav5142 [94]
2 years ago
6

The quantity supplied for sugar has decreased due to a change in price. How would this change in quantity supplied be represente

d on the supply curve
Business
1 answer:
just olya [345]2 years ago
6 0

Answer:

Explanation: do your best

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Which of the following statements is not correct?
Agata [3.3K]

Answer:

The correct answer is letter "C": Confirmation of cash should only be performed as of the balance statement date because the auditor expresses an opinion as of that date.

Explanation:

Confirmation of cash is an audit procedure in which specialists request the company to get in touch with its banker to verify the organization's balance. The procedure is not based only on the balance statement but according to the transactions the company has carried out regardless of the date.

6 0
3 years ago
Suppose a country spiraled into economic recession. What would John Maynard Keynes recommend to fight the recession?
zubka84 [21]

John Maynard Keynes will recommend an increase in government expenditures and lower taxes to stimulate demand to pull the economy out of the recession..

John Maynard Keynes is an economist who was popularly known for creating the Keynesian theory of economics

The Keynesian theory of economics is one who who advocate for saving less and spending more, thereby, raising their marginal propensity to consume and economic growth.

Now, supposing that a country spiraled into economic recession, John Maynard Keynes will recommend an increase in government expenditures and lower taxes to stimulate demand and pull the economy out of the recession..

Learn more about this here

<em>brainly.com/question/6815540</em>

3 0
2 years ago
What involves preparing financial reports that provide information about the business's performance to external parties such as
lilavasa [31]

Answer: Financial Accounting

Explanation:

Financial accounting is the process of preparing financial reports which possesses the information for investors, creditors, employees and all the stakeholders of the company.

4 0
3 years ago
If in the past Congress had taken additional actions to make saving more rewarding, then today it is likely that the equilibrium
posledela

Answer:

C

Explanation:

In this question, we are looking at what would be the later effect of the Congress taking steps to make sure that there is an increase in the amount of returns on savings for example, say the amount of interest rate on saved money is increased.

What will happen in this case is that the equilibrium interest rate would be lower while the equilibrium quantity of loanable funds will be higher. What he meant by the equilibrium interest rate is that it is the interest rate at which the amount of money demanded is equal to the amount of money supplied.

Due to the legislation by congress, it is expected that more money would be supplied in terms of bank deposits as people would want to make a higher profit off the legislation. The effect of this is that the equilibrium interest rate will be lower as its balance would have been upset my the availability of more deposits and less demand.

We also say that the equilibrium level of loanable funds will be higher. This is because there would be more money present in the vaults of the bank as savings have been encouraged and people are expected to fill the bank with more money. This thus means the bank has more money to throw around via loans as there is an increase in the amount of savings. This surely would drive up the equilibrium quantity of loanable funds

5 0
3 years ago
Weber Company purchased a mining site for $659,964 on July 1. The company expects to mine ore for the next 10 years and anticipa
zzz [600]

Answer:

$41,774

Explanation:

the depletion expense is calculated below

Depletion expense reffered to the charge against profits for the use of natural resources.To calculate the depletion per unit we will need to calculate the total cost less salvage value then divide it by the total number of estimated units.

The expense is calculated by multiplying the depletion per unit by the number of natural resources units consumed current period.

Original cost= $659,964

residual value = $55,169

estimated units or tons= 96,740 tons

number of tons extracted in a given year = 6,682 tons of ore.

depletion expense =?

We will need to find the difference between the residual value and the original cost first. Which is

= (Original cost - residual value) = )$659,964 - $55,169)/96,740 tons

= 6.25

(6.25* 6,682 tons )= $41774

Hence,The depletion expense =$41774

5 0
3 years ago
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