Answer:
How do you know if a number is written in scientific notation?
A number is written in scientific notation when a number between 1 and 10 is multiplied by a power of 10. For example, 650,000,000 can be written in scientific notation as 6.5 ✕ 10^8.
Sold merchandise for $6,200, with credit terms n/30; invoice dated April 1. The cost of the merchandise is $3,720. April 4 The customer in the April 1 sale returned $700 of merchandise for full credit. The merchandise, which had cost $420, is returned to inventory. April 8 Sold merchandise for $2,600, with credit terms of 1/10, n/30; invoice dated April 8. Cost of the merchandise is $1,820. April 11 Received payment for the amount due from the April 1 sale less the return on April 4.
The journal entries prepared to record the sales transactions of the merchandising company, using the perpetual inventory system and the gross method are as follows:
Apr. 1 Debit Accounts Receivable $3,000
Credit Sales Revenue $3,000
To record the sale of goods, credit terms n/30
Debit Cost of goods sold $1,800
Credit Inventory $1,800
To record the cost of goods sold.
Apr. 4 Debit Sales Returns $300
Credit Accounts Receivable $300
To record the return of goods.
Debit Inventory $180
Credit Cost of goods sold $180
To record the cost of goods returned.
Apr. 8 Debit Accounts Receivable $1,000
Credit Sales Revenue $1,000
To record the sale of goods, credit terms of 1/10, n/30
Debit Cost of goods sold $700
Credit Inventory $700
To record the cost of goods sold.
Apr. 11 Debit Cash $2,700
Credit Accounts Receivable $2,700
To record the receipt of cash from customers.
Data Analysis:
Apr. 1 Accounts Receivable $3,000 Sales Revenue $3,000
credit terms n/30
Cost of goods sold $1,800 Inventory $1,800
Apr. 4 Sales Returns $300 Accounts Receivable $300
Inventory $180 Cost of goods sold $180
Apr. 8 Accounts Receivable $1,000 Sales Revenue $1,000
credit terms of 1/10, n/30
Cost of goods sold $700 Inventory $700
Apr. 11 Cash $2,700 Accounts Receivable $2,700
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If a ceiling on the price of bread leads to the disappearance of higher-quality, specialty bread from store shelves, which production decisions might this reflect?.
If a ceiling on the price of bread leads to the disappearance of higher-quality, specialty bread from store shelves, this will reflect Production shifts to the use of cheaper ingredients. Thus the correct option is D.
What is Quality?Quality is referred to as a standard for measurement against anything. It is refer to unique characteristics possed by any object in order to determine its features.
The amount that a thing can be sold for is restricted by a price ceiling. which is decided by the government or a government agency.
The typical response of producers to a minimum price is to lower the quality of their products or to manufacture fewer of them in order to lower costs.
Therefore, option D Production shifts to the use of cheaper ingredients is appropriate.
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The complete question is probably
If a ceiling on the price of bread leads to the disappearance of higher-quality, specialty bread from store shelves, which production decisions might this reflect? Correct Answer(s) Customers are rapidly buying the limited number of loaves available. Marketing is no longer aimed at upscale consumption. Specialty bread is available only direct from the bakery, to avoid transportation costs. Production shifts to a use of cheaper ingredients. Incorrect Answer(s)
The first step in the planning process, situational analysis, summarizes information relevant to the planning issue. In the second step, the planners should use the findings from the first step to produce ______.
In the second step, the planners should use the findings from the first step to produce: A. alternative goals.
What is planning?Planning can be defined as the process of developing and setting organizational objectives and goals, as well as translating them into action plans or courses of action.
What is a goal?A goal can be defined as an outcome statement and strategic objectives that defines what an individual or a group of people (team) hopes to successfully achieve (accomplish) in the future i.e over a specific period of time.
This ultimately implies that, a goal is simply a futuristic idea, an objective, or desired result that an individual envision, plan, and commit to achieve over a specific period of time.
In this context, we can reasonably infer and logically deduce that the planners should use the findings derived (obtained) from the first step to produce alternative goals for the second step.
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Complete Question:
alternative goals
decisions
hedging
Given linear demand curves, if demand and supply increase by identical amounts, then?
If there are linear demand curves and the demand and supply increases by identical amounts, then the equilibrium price stays the same and the equilibrium quantity rises.
What happens when both demand and supply increase by the same amount?When demand and supply increase by the same amount, the result would be that the price would stay the same. This is because the increase in both the supply curve and the demand curve would lead to them intersecting at the same price level.
The equilibrium quantity on the other hand, would increase. This is because at this increased supply level, the increased demand would mean that more people are demanding more goods and services than before and so quantity would increase.
Options for this question are:
the equilibrium price increases but the equilibrium quantity falls. the equilibrium price stays the same and the equilibrium quantity rises.the equilibrium price and quantity do not change.the equilibrium price and quantity both increase.Find out more on movements of the supply and demand curve at https://brainly.com/question/14638140
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High point, plymouth rock, and pallasades are all names that identified each company as the seller of their offerings. This is also known as the companies ______.
The high point, Plymouth rock, and palisades are all names that identified each company as the seller of their offerings. This is also known as the company's brand name.
An organization or business may assign a brand name or trade name to a particular commodity or service. Although a brand name may occasionally be as simple as the names of the company's founders, as in the situations of John Deere or Johnson & Johnson, brand names nowadays are frequently carefully planned marketing techniques meant to increase consumer recognition and foster brand loyalty.
A brand name is the formal name that a solo owner or firm decides to use when conducting business. A doing business as (DBA) name is another term for a brand name. Legally registering a brand name is a crucial stage in a company's branding strategy, but it does not grant the name an indefinite lifespan or any kind of legal protection when used.
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deepa dalal opened a free-standing radiology clinic. she had anticipated that the costs for the radiological tests would be primarily fixed, but she found that costs increased with the number of tests performed. costs for this service over the past nine months are as follows:
1) The variable cost per unit = $60,450 divided by 1,500 is $40.30 for the past nine months of providing this service.
$195,510 in total fixed costs less ($40.30 multiplied by 4,100) equals $30,280.
2) The anticipated cost of maintenance for October is $171,330
1) Quantity of tests
total price
High: 4,100 in August
$195,510
Low - 2,600 in February
$135,060
Difference 1,500
$60,450
The variable cost per unit is $40.30 ($60,450 divided by 1,500).
C(x)= FC + V is the cost function (x)
Total cost for x tests = $30,280 plus $40.30 times 2) The anticipated maintenance cost is:
Amount fixed $30,280
Cost variable: 3,500 times $40.30 = 141,050
October's anticipated maintenance costs are $171,330.
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A seller uses a perpetual inventory system and on april 4 it sells $5,000 in merchandise with a cost of $2,400 to a customer on credit terms of 3/10, n/30. Complete the two journal entries to record the sales transaction by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns. The first journal entry is to record the revenue part of the transaction and the second journal entry is to record the cost part. True or false?.
True, The first journal entry is to record the revenue part of the sales transaction and the second journal entry is to record the cost part.
First Entry: Dr Accounts Receivable for $5,000
Cr. Sales for $5,000
Second Entry: Dr Cost of Goods Sold for $2,400
Cr. Merchandise Inventory for $2,400
Any written or spoken transfer or disposal of products, services, or other physical or intangible property is referred to as a sales transaction. It also includes leasing and assignment of tangible and intangible property. Sales transactions can be processed using either the cash method or the accrual approach. When money is exchanged, the cash method registers a sale. An accounts receivable is created by the accrual technique after processing a sale without receiving cash.
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Every firm must make its plans and execute its decisions in light of what is happening in its micro- and macro-environment. you already knew this. you should also know that:____.
You should also know that the micro-environment exists inside the firm, the macro-environment exists outside the firm.
A macro environment refers to the set of conditions that exist in the financial system as a whole, instead of in a specific region or vicinity.
In general, the macro surroundings include tendencies within the gross domestic product (GDP), inflation, employment, spending, and economic and financial policy.Six additives of the macro environment are Demographic, monetary, herbal, Technological, Political and Cultural environments.The factors that make up the macro-environment are economic elements, demographic forces, technological factors, natural and physical forces, political and felony forces, and social and cultural forces.Learn more about macro-environment here: https://brainly.com/question/5511643
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Aliza is the buyer at the sky high clothing company. She is often the only member of the buying center involved in the process. This is an example of a?.
Answer: Straight rebuy
Explanation: This is a buying situation where a company reorders the same products in the same quantity from the same supplier.
businesses view environmental issues as no-win situations; either you help the environment and hurt your business or you help your business and hurt the environment.
Answer:
False
Explanation:
Just answered it.
False. Your company's sustainability will increase if you take steps to minimize its environmental impact. Your company will be more likely to succeed over the long term if you are less dependent on natural resources than your rivals are and have strategies for coping with cost increases brought on by climate change.
What is sustainability?Humans should be able to live in peace on Earth for an extended period of time in order to achieve sustainability, which is a societal goal. Because it can be challenging to come to consensus on specific definitions, they change throughout time and are inconsistently discussed in the literature. At the global, national, and individual levels, this idea can be applied to inform decisions (e.g. sustainable living). The environmental components of sustainability are frequently highlighted in common usage of the word. Since about 2000, climate change, biodiversity loss, loss of ecosystem services, land degradation, and air and water pollution have been the most important environmental challenges. Many "planetary boundaries" are currently being exceeded by humanity.
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Having a corporate code of ethics that prohibits employees from accepting gifts from customers or vendors is an example of which component of internal control?.
Having a corporate code of ethics that prohibits employees from accepting gifts from customers or vendors is an example of control environment.
Employees perform unique responsibilities and duties for employers in change for compensation. commonly, they paintings in a full-time, element-time or brief potential. personnel satisfy sure job obligations and roles, most usually described within the task listing. The dictionary definition of “employee” says succinctly that an worker is “someone who works for any other in return for economic or different compensation.”three underneath that definition, independ- ent contractors would seem like personnel. An enterprise is an enterprise, organization, authorities entity, organisation, employer, professional offerings firm, nonprofit association, small business, shop, or man or woman who employs or places to work, a person who's called an employee or a team of workers member.
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Suppose $6,500 is invested in an account that earns interest at a rate of 2% compounded quarterly for 10 years. describe and correct the error a student made when finding the value of the account
Let's say $6,500 is deposited in an account with a 10-year interest rate of 2% compounded quarterly. After ten years, the account is worth $7,935.
What is the interest?In the fields of finance and economics, interest is the payment of a sum over and above the principal amount (the amount borrowed) to a lender or depositor at a set rate by a borrower or deposit-taking financial institution.It differs from a charge the borrower could pay the lender or another entity.interest also differs from a dividend, which is money given to shareholders (owners) by a company from its profit or reserve, but not at a set rate predetermined in advance, but rather on a pro rata basis as a portion of the rewards received by risk-takers who take on risks in order to generate revenue.To know more about interest, refer to the following link:
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In the market for natural gas, what will likely happen to current natural gas prices and output if the producers expect future prices to decrease? current supply will _________, and, as a result, current prices will _________.
In the market for natural gas, what will likely happen to current natural gas prices and output if the producers expect future prices to decrease?
Current supply will decrease, and, as a result, current prices will increase.
How are demand and price related to each other?
The law of supply and demand is an economic theory that explains how supply and demand are related and how this relationship affects the price of goods and services. A basic economic principle is that when supply exceeds demand for a good or service, prices fall. When demand exceeds supply, prices tend to rise.If demand does not change, there is an inverse relationship between supply and prices of goods and services. If the supply of goods and services increases while demand remains the same, prices tend to fall to a lower equilibrium price and a higher equilibrium quantity of goods and services. If the supply of goods and services falls while the demand remains the same, prices tend to rise to a higher equilibrium price and a lower quantity of goods and services.To learn more about law of supply, refer to:
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marilyn operates a store called the gift garden. her store sells pottery, candles, crafts, and other knickknacks that make good gifts for family and friends. the gift garden is a .
Marilyn operates a store called the gift garden. her store sells pottery, candles, crafts, and other knickknacks that make good gifts for family and friends. the gift garden is a traditional speciality store.
What is traditional speciality store?A traditional specialty retailer works with businesses like retailers of jewelry, clothing, and athletic goods that carry a prop up or support the narrow product mix with vast product lines. Due to their focus on a specific product line or category, these classic specialized shops are often known as limited-line stores. The classic specialty merchants offer products for shopping that fall under a specialized product category and range. Because they have great experience and are experts in a certain line of products, they are able to invest in the product knowledge training of their team. They generally work with retail companies that concentrate on a particular product line or set of product categories, including apparel, office supplies, etc.Learn more about the speciality store with the help of the given link:
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For a student that owns his or her own home, and doesn't plan to live in the dorm, the cost of going to college is?
Answer:
all depends on what college u go to
Explanation:
the community college near me is only 2-3k
Primary markets are large and important, while secondary markets are smaller and less important. True or false?.
Secondary markets are smaller and less significant than primary markets, which are bigger and more significant.- False
What is the primary market?New stocks and bonds are initially offered for public purchase on the primary market.Investors have the option to buy securities straight from the issuer in a primary market.A rights issue, a preferred allotment, a private placement, and an initial public offering (IPO) are examples of primary market issues.As secondary markets, where investors transact with one another, stock exchanges serve as a substitute.Securities are exchanged between investors on what is referred to as the secondary market after they have been issued on the main market; in essence, this is where the well-known stock exchanges are located.Secondary markets are smaller and less significant than primary markets, which are bigger and more significant.- FalseTo know more about primary market, refer to the following link:
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the capital share of income is defined as the share of paid to the owners of the capital stock. it is approximately equal to in the us. a. gdp; 1/3 b. wages; 2/3 c. consumption; 1/3 d. income; 2/3 e. investment; 1/3
The capital share of income is defined as the share of paid to the owners of the capital stock. It is approximately equal to GDP in the U.S.
What is GDP?The market value of all the finished goods that nations produce over a specific time period is measured by the gross domestic product (GDP), a monetary indicator. Due to the measurement's complexity and arbitrary nature, it has taken many revisions before it can be taken seriously as an indicator.
As a result, using a basis of GDP per capita at purchasing power parity (PPP) may be more useful when comparing living standards between countries, whereas nominal GDP is more useful when comparing national economies on the global market. GDP (nominal) per capita, however, does not account for variations in the cost of living and the rate of inflation of the various nations. It is also possible to calculate how much each sector or industry contributes to the overall GDP.
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. you are a quality control engineer, supervising the completion of a product whose specification includes using only u.s.-made parts. however, at a very late stage you notice that one of your subcontractors has supplied you with a part having foreign-made bolts in it – but these aren’t very noticeable, and would function identically to u.s.-made bolts. your customer urgently needs delivery of the finished product. what should you do?
The engineer should apologise for the mistake and should not change the truth. He needs to make clear any conflicts of interest that might seem to affect the level of service. It is an offence against faith.
Because the product must be delivered soon, fixing the error may cause a delivery delay. If the error is concealed from the client, it is unethical. The best course of action is to inform the client and allow him decide whether to accept the foreign part or postpone deliveryFrom manufacturing to software development, a quality control engineer is in responsible of guaranteeing the quality of all goods. Reviewing the manufacturing procedure, evaluating the goods, devising additional manufacturing checkpoints, and producing reports on the findings are typical job activities.Examines the documentation for design, manufacture, and testing. carries out inspections of completed goods and raw materials while using the proper quality assurance testing models. determines the underlying cause of quality issues and plans adjustments or other corrective measures.To know more about Quality control visit:
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The adjustment for supplies used during the period will result in a debit to the ______ account and a credit to the ______ account.
The adjustment for supplies used during the period will result in a debit to the supplies expense account and a credit to the supplies account.
Define debit: what does it mean?Any accounting entry that results in a reduction in obligations or an increase in assets is referred to as a debit.All debits must be offset with matching credits on the right side of the ledger in double-entry accounting, where all debits are made on the left side of the ledger.Positive asset and cost values are debited and negative balances are credited on a balance sheet.Any double-entry accounting system will include a debit as a component.In contrast to credits, debits exist.A given account's debits and credits indicate the inflow and outflow of money, respectively.To know more about debit, refer to the following link:
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in accrual accounting, according to the recognition principle, revenues should be recognized when the seller performs the work promised, not necessarily when cash is received
In accrual accounting, in keeping with the revenue recognition principle, revenues ought to be recognized once the vendor performs the work secure, not essentially once money is received.
What is revenue recognition principle?The revenue recognition idea, together with the matching principle, is the cornerstone of accrual accounting. When income and costs are entered into the accounting period is decided by them both.Your business will be able to accurately depict profit and loss thanks to the revenue recognition principle since revenue will be recognized when it is earned rather than when it is received. Utilizing the revenue recognition idea also helps with financial forecasting, improving the precision with which your business predicts future revenues.For instance, a snow removal company can clear the parking lot of a business for its standard fee of $100.Learn more about revenue recognition principle here:
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Why do project managers need to understand their organization's mission and strategy?
Understanding the company strategy gives access to a project manager to frame requests in a ways that is more likely to gain them backing and positive feedback
Why is organizational strategy and project strategy important?
A good organizational strategy can help to align your team, address your vision, mission, and goals, and aids you implement strategic initiatives organization wide. Each every and project should ideally support this overall strategy, and the project management framework you choose will help you in following all projects.
What is organizational strategy in project management?
An organizational strategy is the sum of the actions a company tries to take to gain long-term goals. Together, these actions make up a company's strategic plan. Strategic plans took at least a year to complete, requiring involvement from all company levels.
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You are the manager of a customer service call center that handles customer inquiries for a large clothing retailer. One of your responsibilities is to use different types of reinforcement to motivate employees to engage in certain behaviors while on the phone with customers. Because you want all employees to stick to the provided script when answering calls, you decide to randomly monitor calls and praise employees who use the script. What type of reinforcement did you use?.
Positive reinforcement as the manager is praising the good behaviour of employees which motivates employees to stick to the script.
A approach used to strengthen future behavior is known as positive reinforcement. As a result, the actions have a longer duration, greater magnitude, and increased frequency. When desired behavior is attained, the reward is given as part of an expression of the behavior as is the case with positive reinforcement.
Positive reinforcement is used to increase the possibility that the desired behavior will change and occur frequently. Positive reinforcement is understood to occur when a reward results in a desirable outcome and the response is enhanced. This core idea seeks to accelerate the rate of behavior. So, Positive reinforcement as the manager is praising the good behaviour of employees which motivates employees to stick to the script.
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What happens to the equilibrium price and equilibrium quantity when demand and supply decrease simultaneously, but the relative size of the shifts are not known?.
Then the equilibrium price will be lower than it was before the curves shifted. A growth in demand, all other matters unchanged, will purpose the equilibrium charge to upward thrust; amount provided will growth.
A decrease in call for will motive the equilibrium fee to fall; quantity supplied will decrease.
Demand is the amount of an excellent that consumers are willing and capable of purchase at diverse charges throughout a given time. the connection between charge and quantity call for is also called the call for curve. call for is the amount of customers who are inclined and able to buy products at diverse prices at some point of a given period of time. call for for any commodity implies the consumers' desire to collect the good, the willingness and capability to pay for it.as an example, if a customer is hungry and buys a slice of pizza, the first slice will have the finest advantage or utility. With every extra slice, the client will become greater satisfied, and software declines. In principle, the primary slice might fetch a better rate from the client.
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Why would working for low wages in the kitchen of a local church be an example of good time management for barbara lynch?
Working for low wages in the kitchen of a local church be an example of good time management for barbara lynch because he was able to benefit from it and still able to do other tasks.
What is time management?Time management can be described as the process that involves the good utilization of our time with respect to the set tasks in a particular period of time.
It should be noted that this encompass the process of planning as well as exercising conscious control so as to be able to bring efficiency, and productivity in our organization as well as the company and this can as well be in the life of individuals, hence the case above was able to carry out other tasks.
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brody company makes industrial cleaning solvents. various chemicals, detergent, and water are mixed together and then bottled in 10-gallon drums. brody provided the following information for last year:
The company makes industrial cleaning solvents. various chemicals, detergent, and water are mixed together and then bottled in 10-gallon drums. Brody provided the following information for last year: Raw materials purchases $250,000.
Some samples of strong cleaning solvents are acetone, methyl ethyl ketone, toluene, nPB, and trichloroethylene (TCE). Common mild solvents include isopropanol, glycerin, and antifreeze. Industrial cleaning chemically may be a specialized process that needs in-depth knowledge of chemical compounds and their reaction to certain surfaces and stains.
Chemical-based cleaning is employed to get rid of stubborn stains and other wastes commonly found in industrial cleaning services. Although cleaners that contain solvents vary widely in terms of applications and effects, most industrial solvent-based cleaners are made up of one among three styles of solvents: oxygenated, hydrocarbon, and halogenated.
Below, we glance at their basic characteristics to assist inform your cleaner purchase. There are two forms of solvents : organic solvents and inorganic solvents. Inorganic solvents are those solvents which don't contain carbon like water, ammonia whereas organic solvents are those solvents which contain carbon and oxygen in their composition like alcohols, glycol ethers.
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Complete Question: Brody Company makes industrial cleaning solvents. Various chemicals, detergent, and water are mixed together and then bottled in 10-gallon drums. Brody provided the following information OBJECT for last year:Raw materials purchases Direct labor Depreciation on factory equipment Depreciation on building Depreciation on headquarters building Factory insurance Property taxes: Factory Headquarters Utilities for factory Utilities for sales office Administrative salaries Indirect labor salaries Sales office salaries Beginning balance, raw materials Beginning balance, work in process Beginning balance, finished goods Ending balance, raw materials Ending balance, work in process Ending balance, finished goods $250,000 140,000 45,000 30,000 50,000 15,000 20,000 18,000 34,000 1,800 150,000 156,000 90,000 124,000 124,000 84,000 102,000 130,000 82,000Last year, Brody completed 100,000 units. Sales revenue equaled $1,200,000, and Brody paid a sales commission of 5 percent of sales.
1. Calculate the direct materials used in production for last year.
2. Calculate total prime cost.
3. Calculate total conversion cost.
4. Prepare a cost of goods manufactured statement for last year. Calculate the unit product cost.
5. Prepare a cost of goods sold statement for last year.6. Prepare an income statement for last year. Show the percentage of sales that each line item represents.
The amount of a good that sellers are willing and able to supply at a given price.
The amount of any item or service that sellers are willing and able to sell at a specific price is known as the quantity supplied. Although there are many factors that impact supply, only pricing can control how much is provided.
What Is Supply?The entire amount of a certain commodity or service that is offered to customers is known as the supply, and it is a fundamental economic notion.Supply can be defined as the quantity offered at a certain price or, if shown on a graph, the quantity offered across a range of prices.This has a direct relationship to the demand for an item or service at a certain price; all other things being equal, the supply offered by producers will increase as the price rises because all businesses aim to maximize profits.The contemporary economy is based on movements in supply and demand.Depending on the price, utility, and personal preferences of each particular commodity or service, supply and demand patterns will vary.To know more about supply, refer to the following link:
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shawn is buying a new spring jacket, and he is willing to pay as much as he paid for the last jacket he bought, which was $38. he finds one that he likes on sale and buys it for $29. in this case, shawn receives a consumer surplus of $
In this case, shawn receives a consumer surplus of $ 9.
What is consumer surplus?consumer surplus is moreover called social surplus and consumer's surplus, in financial matters, the contrast between the cost a shopper pays for an item and the cost he would be willing to pay instead of do without it.
Formula for Consumer surplus :
Consumer surplus = Most extreme cost buyer is willing to pay – Actual cost.
The customer surplus equation for numerous customers can be communicated as follows:
Shopper Overflow = ½ * Demand quantity at equilibrium * (Maximum cost buyer is willing to pay – Market cost)
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Assume peanut butter and jelly are complements. Ceteris paribus, an increase in the price of peanut butter will cause the equilibrium price of jelly to.
Assuming that peanut butter and jelly are complementary goods, then Ceteris Paribus, an increase in the price of peanut butter will cause the equilibrium price of jelly to decrease. Therefore, the option B holds true.
What is the significance of complementary goods?The complementary goods can be referred to or considered as the goods that are perfect replacements of each other, but are not substitutes. They have an indirect relationship to each, i.e., when price of one good increased, the price of other good decreases.
Therefore, the option B holds true and states regarding the significance of complementary goods.
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The question has been completed below for better reference.
Assume peanut butter and jelly are complements. Ceteris paribus, an increase in the price of peanut butter will cause the equilibrium price of jelly to. Increase, decrease, remain constant, none of these
Thinking of yourself as an accountant rather than as a person who helps people gain insight into their financial commitments and performance could be limiting in the long run because?.
The financial commitments and performance could be limiting in the long run because skills become obsolete, but problems are rarely solved.
Financial Commitments refers to all borrowing or raising commitments made to the Group at any time, including those for bonds (but excluding, for the avoidance of doubt, any bonding guarantees made in the normal course of business) and other debt, whether or not they are for cash.
A worker's skills become obsolete over time as a result of industrial restructuring or changing skill requirements in occupations and industries that rely heavily on technology (such as ICT, finance, and professional and scientific activities).
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During a project, it is determined that some of the necessary equipment will arrive 1 week later than anticipated. In order to keep the project moving, the project manager decides to begin the second step of the project before the first step is completed. During what phase of the project management process would this occur in?.
Issue a change request to minimize the scope for the release