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2 years ago

Bob goes to the store to buy food.

Business

1 answer:

garri49 [273]2 years ago

5 0

Answer:

We always go to the store to buy food.

Explanation:

Yet somehow come out with a hole new wardrobe, new furniture, and a pet snake. This is because of the store's market. They make prices look phenomenal even if they really aren't great. They make the items look like things that you absolutely cannot live with out. Making you basically buy the whole store!

Hope this helped <3! Brainliest? :)

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The following items and amounts were taken from Wildhorse Co.’s 2017 income statement and balance sheet.

puteri [66]

A. Assets

B. Equity

C. Expense

D. Liability

E. Assets

F. Assets

G. Assets

H. Equity

I. Liability

J. Liability

K. Revenue

L. Expense

6 0

3 years ago

If the labor force is 320,000 and the total population 16 years of age or older is 400,000, the labor-force participation rate i

Anon25 [30]

Answer:

80 %

Explanation:

Given that,

Labor force = Employed people + Unemployed people

= 320,000

Total population 16 years of age or older = 400,000

Therefore, the labor force participation rate is as follows:

= (Labor force ÷ Population of 16 years of age or older) × 100

= (320,000 ÷ 400,000) × 100

= 80 %

6 0

3 years ago

Assume the economy is operating at less than full employment. An expansionary monetary policy will cause interest rates to _____

adoni [48]

When the economy is not at full employment and an expansionary monetary policy is followed:

Interest rates decrease
Investment spending increases

When there is an expansionary monetary policy in place, more money is pumped into the economy which means that there are more loanable funds. This increase in the supply of loanable funds will decrease the interest associated with them.

As a result of interest rates being lower, more businesses and people will be able to borrow money and invest in projects thereby increasing investment spending.

In conclusion, there will be an increase in investment spending due to a decrease in interest rates.

<em>Find out more at brainly.com/question/2343055. </em>

7 0

2 years ago

Suppose that market demand is Q = 660 – 12P and marginal cost is MC = 5. The consumer surplus in a perfectly competitive market

Ad libitum [116K]

Answer: 15000; 3750

Explanation:

From the question,

Q = 660 – 12P

MC = 5

The consumer surplus in a perfectly competitive market will be:

P = MC

Therefore, P = 5

Q = 660 - 12P = 660 - 12(5) = 660 - 60 = 600

Consumer surplus = 1/2 × (55 - 5) (600)

= 1/2 × 50 × 600

= 15,000

For monopoly, MR = MC

Total Revenue = P × Q

Since Q= 660 - 12P

P = (660 - Q)/12

TR = P × Q

= (660 - Q)/12 × Q

= (660Q- Q²)/12 × Q

MR = (660 - 2Q)/12

MR = MC

(660 - 2Q)/12 = 5

(660 - 2Q) = 5 × 12

660 - 2Q = 60

2Q = 660 - 60

2Q = 600

Q = 600/2

Q= 300

Since P =(660 - Q)/12

= (660 - 300)/12

= 360/12

= 30

Consumer surplus = 1/2 × (55 - 30) (30)

= 1/2 × 25 × 300

= 3750

Therefore, the answer is 15000; 3750

7 0

2 years ago

Lopez Corporation incurred the following costs while manufacturing its product. Materials used in product $130,300 Advertising e

Misha Larkins [42]

Answer and Explanation:

The computation is shown below

a. The cost of goods manufactured is

Materials used in product $130,300

Labor costs of assembly-line workers 116,100

Depreciation on plant 62,500

Property taxes on plant 24,300

Factory supplies used 34,000

Work in process inventory at January 1 $14,400

Less: Work in process inventory at december 1 -$17,600

Cost of goods manufactured $364,000

b. The cost of goods sold is

= Opening finished goods + cost of goods manufactured - ending finished goods

= $61,100 + $364,000 - $48,500

= $376,600

8 0

3 years ago