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harkovskaia [24]
2 years ago
13

Use the above graph to answer the following question. Which situation could cause the market for mystery books to shift from lin

e
2 to line 12
O An increase in the price of books
O A fire that destroys the paper factories
O Consumers expect prices for books to fall in the future
O A celebrity commercial encouraging reading

Business
1 answer:
Rom4ik [11]2 years ago
5 0
A increase in the price of books
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Robusta Coffee Importers sold 6 comma 000 units in October at a sales price of $ 35 per unit. The variable cost is $ 15 per unit
yanalaym [24]

Answer:

Operating Income= $110,000

Explanation:

Giving the following information:

Robusta Coffee Importers sold 6,000 units in October at a sales price of $35 per unit. The variable cost is $ 15 per unit. The monthly fixed costs are $10,000.

The operating income is the difference between the contribution margin and the fixed costs:

Contribution margin= selling price - unitary variable cost

Operating income= Total contribution margin - fixed costs

OI= 6,000*(35 - 15) - 10,000= $110,000

7 0
3 years ago
Suppose that the level of GDP increased by $100 billion in a private closed economy where the marginal propensity to consume is
____ [38]

Answer:

$50 billion

Explanation:

To find the change in aggregate expenditures, we need to find the change in consumption. For this, we will use the marginal propensity to consume formula:

MPC = ΔC/ΔY

Where:

MPC = Marginal propensity to consume

ΔC = Change in consumption

ΔY = Change in output (GDP)

We know that out MPC is 0.5, and our ΔY is $billion. We plug these amounts into the formula:

0.5 = ΔC / 100 billion

And we rearrange the equation to solve for ΔC

ΔC = $ 100 billion x 0.5

ΔC = $50 billion

So the change in consumption is $50 billion, which is also the change in aggregate expenditure.

3 0
3 years ago
Frank has thirty years of service as a manager for his company. he remembers when managers had almost complete freedom to fire w
Alex787 [66]

From the described case in the question, it is clear that Frank believes in doctrine called at-will employment or employment at-will.

At-will employment is a <u>U.S term used for a condition where an employee can be fired at anytime and without any warning as long as the reason isn’t illegal by law</u>.

This type of doctrine is no longer the main doctrine used in most U.S states by the 20th century, but it was commonplace during the late 19th century.

8 0
3 years ago
The aggregate supply curve Multiple Choice is explained by the interest rate, real-balances, and foreign purchases effects. gets
vladimir2022 [97]

Answer:

. shows the various amounts of real output that businesses will produce at each price level

Explanation:

Aggregate supply can be regarded as " domestic final supply" in domain of economics, it is the overall supply of services/ goods that is been produced at a particular overall price within an economy at a given period. It should be noted that aggregate supply shows the various amounts of real output that businesses will produce at each price level

3 0
3 years ago
Gently laser clinic purchased laser equipment for $4,445 and paid $633 down, with the remainder to be paid later. the correct en
xxMikexx [17]

Answer:

Accounts Payable $3,812 credit

<h3>Explanation:</h3>

Equipment  $4,445 debit,

Cash $633 credit,

now, $4445- $633 = $3,812

The correct entry would be $3,812.

To learn more about it, refer

to brainly.com/question/26106218

#SPJ4

5 0
2 years ago
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