Answer: Substitution Effect
Income Effect
Additional Customers
Different Uses:
Explanation:
The Law of Demand explains the downward slope of the demand curve, which posits that as the price falls the quantity demanded increases and as the price rise, the quantity demanded decreases, other things remaining unchanged.
Answer:
$191,000
Explanation:
The computation of straight line depreciation is shown below:-
Straight line Depreciation:
= (Book value - Salvage value) ÷ Remaining life
= ($1,250,000 - $295,000 - 0) ÷ (From 2015 to 2019)
= ($1,250,000 - $295,000 - 0) ÷ 5 year
= $191,000
Therefore for computing the straight line depreciation we simply applied the above formula.
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B) <span>It means that producers make as much of their product as possible.</span>
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Pass this on to someone's answer and replace my answer with the answer you get.
HAVE FUN and GOOD LUCK :P
Answer:C - Generally presented as a part of stockholders' equity
Explanation: The non controlling interest amount is generally presented in the consolidated financial statement as part of stakeholders equity. The non controlling interest is also known as the minority interest. The non controlling interest arises where the parent company has less than 100% ownership in the business.
Answer:
110,257 units.
Explanation:
Fixed operating costs (FC) = $430,000
Variable costs (VC) = $2.10 per unit,
Sales price (P) = $6.00 per unit.
The revenue, as a function of 'n' units produced, for this company is given by:
The break-even point occurs when revenue is zero. The break-even point is:
Rounding it up to the next whole unit, the sales volume needed to reach the break-even point is 110,257 units.
