The estimated amount of their annual living cost in 10 years from now will be $177,629.31.
What is a Future value computation?In business math, a future value means the value of a current asset at a future date based on an assumed rate of growth or inflation. This tool is very important to financial planners because it is used estimate how much an investment made today will be worth in the future.
Given that:
Current value = $120,000
Inflation rate = 4%
Years = 10
Estimated annual living cost in 10 years=
= P (1+i%)^n
= 120,000*(1.04)^10
= 177629.31419
= $177,629.31
In conclusion, the estimated amount of their annual living cost in 10 years from now will be $177,629.31.
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[Para. 4-a-2] Encumbrances were recorded in the following amounts for purchase orders issued against the appropriations indicated:
General Government $ 193,220
Public Safety 442,900
Public Works 216,632
Health and Welfare 162,045
Culture and Recreation 143,580
Total $1,158,377
Required: Record the encumbrances in the General Fund general journal and Detail Journal as appropriate. In the Detail Journal, select “Purchase Orders” from the drop down [Description] menu.
The information given is recorded in a General Fund General Journal as indicated in the attached image. See the definitions of Journals and related information below.
What is a General Journal?A journal entry is an act of maintaining or producing records of any economic or non-economic transaction. An accounting journal, which shows a company's debit and credit balances, records transactions. The journal entry can be made up of many records, each of which is either a debit or a credit.
Because a general journal is where commercial transactions and occurrences are first recorded, it is also known as a "book of first entry."
Records are entered in the general journal in chronological order and are accessible in one location, allowing management and accountants to readily assess the data.
The differences between journals and general journals are:
The purchases journal records credit transactions while the general journal records cash purchases. Purchases Journals record only certain types of transactions, while the general journal records all remaining transactions.
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Who are the main participants in the "creative team" when it comes to
art direction, and production? What "roadmap" do they use
copywriting,
to guide the creative effort?
The main participants in the "creative team" when it comes to art direction, and production method of crafting the meaning of an emblem via phrases-by no means finishing search for ideas mixed with an in no way ending look for new and unique ways to explicit the one's thoughts-powerful brand comm is predicated on the creative brief.
A creative team is a crew of people supporting a business enterprise or company with their innovative competencies. innovative teams are commonly full of writers, artists, designers, and others who can take a look at the trouble and expand innovative content material to assist clear up.
The creative team is where commercials are conceived, developed, and produced. Artists, writers, and producers work collectively to craft a message that meets company and client objectives. on this deA,
The creative team will continually need a wide variety of layouts and creative capabilities. those encompass an outstanding conceptual outlook and the capability to produce authentic thoughts. high-level creative wondering and the confidence to apply it.
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The price of company stocks already trading on the stock market are determined by supply
and demand.
True
False
Which option is the best example of a good way to use your credit card?
Answer: paying your bill off in full each month
Explanation:
6 Credit card tips for smart users
Pay off your balance every month. ...
Use the card for needs, not wants. ...
Never skip a payment. ...
Use the credit card as a budgeting tool. ...
Use a rewards card. ...
Stay under 30% of your total credit limit.
Liza Doolittle purchases a market stall from Len Turnip, who is retiring from his fruit and vegetables business. She initially invested $2,500. The cost of the stall is $1,800.She also purchases some flowers and potted plants from a trader in the wholesale market, at a cost of $650. On 3 July Liza has a very successful day. She sells all of her flowers and plants for $900 cash. Since Liza has sold goods costing $650 to earn revenue of $900.
Based on the cost of the flowers that Liza sold and the revenue that she made from the sale, the gross profit from the sale of the flowers is $250.
How to find the gross profit?The gross profit that a business or a person makes after they sell the goods or services that they offer to the market can be found by deducting the cost of sales from the revenue earned.
The cost of sales will most often include the cost of the goods or services that the person is selling. This means that the purchasing price is included. For Liza Dolittle, this cost of sale amount is the $650 that was spent on purchasing the flowers.
The gross profit is therefore:
= Revenue amount - Cost of sales
= 900 - 650
= $250
Rest of the question is:
Since Liza has sold goods costing $650 to earn revenue of $900, what is her gross profit?
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When using the Search bar, which one of the following can you use to search for the item?
Answer:
Open your web browser.
Type your query in the search bar. ...
Press Enter on your keyboard Enter your search string in the text box. ...
Run the search.
Hope I am right... I didn't quite understand the question so please forgive me if I am wrong.
Explanation:
In October 2009, Apple introduced the iPhone in China. What would you expect to happen to the market for smartphones in China, assuming all other factors are held constant?
Answer:
What would you expect to happen to the market for smartphones in China, assuming all other factors are held constant?
I believe, both the supply and demand for smartphones will increase in China.
Question 4 of 20
Which of the following describes the Railway Labor Act of 1926?
OA. Removed barriers on workers to organizing labor unions and
enacting strikes
B. Enacted laws to prevent union leaders from misusing union
members' dues and fees
OC. Established the rights of most workers to take part in collective
bargaining
OD. Guaranteed the rights of workers to organize unions in the
transportation industry
SUBMIT
Removed barriers on workers to organizing labor unions and enacting strikes of the following describes the Railway Labor Act of 1926..
The correct option is A.
What is labour law ?Labor law is a broad field of law that regulates issues including employment, compensation, working conditions, trade unions, and labour relations. The phrase encompasses both social security and disability insurance in its broadest sense.
How are workers and employers protected by labour laws?The goals of labour law include redressing the power disparity between employees and employers, preventing wrongful termination of employees, establishing and maintaining procedures that acknowledge employees as "equal" stakeholders in discussions about working conditions, etc.
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Ross White wants to reconsider his decision of buying the brackets and is considering making the brackets in-house. He has determined that setup costs would be $25 in machinist time and lost production time, and 50 brackets could be produced in a day once the machine has been set up. Ross estimates that the cost (including labor time and materials) of producing one bracket would be $14.80. The holding cost would be 10% of this cost. (a) What is the daily demand rate? (b) What is the optimal production quantity? (c) How long will it take to produce the optimal quantity? How much inventory is sold during this time? (d) If Ross uses the optimal production quantity, what would be the maximum inventory level? What would be the average inventory level? What is the annual holding cost?(e) How many production runs would there be each year? What would be the annual setup cost? (f) Given the optimal production run size, what is the total annual inventory cost? (g) If the lead time is one-half day, what is the ROP?
Ross White wants to reconsider his decision of buying the brackets and is considering making the brackets in-house. The solution for all problems is
The daily demand rate d=10The optimal production quantityQ=325Time =6.5 days , 65 packagesThe maximum inventory level is $192.4The recommended number of manufacturing runs each year is 8The yearly setup cost would thus be 200dollarsthe total annual inventory cost is 392.4ROP=5This is further explained below.
What is the daily demand rate?Generally, Since bracket demand is essentially consistent throughout the year and there are 250 working days per year, the daily demand rate equals the number of units demanded every day.
[tex]$$\begin{aligned}d &=\frac{2,500}{250} \\\end{aligned}$$[/tex]
d=10
(b) When using the production run model, the ideal production amount should be determined by the yearly setup cost equaling the annual holding or carrying cost.
[tex]\frac{Q}{2}\left(1-\frac{d}{p}\right) C_h=\frac{D}{Q} C_s[/tex]
where d is the daily demand rate, p is the daily production rate, C s is the setup cost, C h is the carrying cost per unit per year, and D is the yearly demand. 10% of this cost would be the holding expense, thus
C_h=10 *$ 14.80
As a result of solving the equation, we get the ideal production volume.
[tex]$$\begin{aligned}Q^* &=\sqrt{\frac{2 D C_s}{C_h\left(1-\frac{1}{p}\right)}} \\&=\sqrt{\frac{2 \times 2,500 \times \$ 25}{\$ 1.48 \times\left(1-\frac{10}{50}\right)}} \\&=325\end{aligned}$$[/tex]
The optimal production quantity is 325 brackets.
(c)
The ideal production volume divided by the daily production rate determines the duration of each production cycle.
[tex]$$\begin{aligned}\frac{Q^*}{p} &=\frac{325}{50} \\&=6.5 \text { days }\end{aligned}$$[/tex]
The number of brackets sold throughout the time period is calculated by multiplying the daily demand rate by the duration of each manufacturing cycle.
[tex]\begin{aligned}\frac{Q^*}{p} d &=\frac{325}{50} \times 10 \\&=65\end{aligned}$$[/tex]
(d)
The maximum inventory level according to the manufacturing run model is 269, because
[tex]$$\begin{aligned}Q^*\left(1-\frac{d}{p}\right) &=325\left(1-\frac{10}{50}\right) \\&=260\end{aligned}$$[/tex]
Additionally, the average inventory is equal to half of the maximum inventory, therefore
[tex]$$\begin{aligned}\frac{Q^*}{2}\left(1-\frac{d}{p}\right) &=\frac{325}{2}\left(1-\frac{10}{50}\right) \\&=130\end{aligned}$$[/tex]
And the annual holding cost is
[tex]$$\begin{aligned}\frac{Q^*}{2}\left(1-\frac{d}{p}\right) C_h &=130 \times \$ 1.48 \\&=\$ 192.4\end{aligned}$$[/tex]
(e)
The recommended number of manufacturing runs each year is
[tex]$$\begin{aligned}\frac{D}{Q^*} &=\frac{2,500}{325} \\& \approx 8\end{aligned}$$[/tex]
The yearly setup cost would thus be
[tex]\begin{aligned}\frac{D}{Q^*} C_s &=\frac{2,500}{325} \times \$ 25 \\&=\$ 200\end{aligned}$$[/tex]
(f)
The entire yearly inventory cost is equal to the annual setup cost plus the annual holding cost when using the ideal manufacturing run size.
[tex]\begin{aligned}T C &=\frac{D}{Q^{-}} C_s+\frac{Q^*}{2} C_h\left(1-\frac{d}{p}\right) \\&=\$ 192.4+\$ 200 \\&=\$ 392.4\end{aligned}$$[/tex]
(g)
Since there is a 2,500 unit annual demand for brackets and that demand is mostly stable, the lead time—defined as the interval from the time an order is placed and the time it is received—is $0.5 days. The reorder point, or ROP is identified as
ROP=Demand per day*Lead time for a new order in days
[tex]\\&=\frac{2,500}{250} \times 0.5 \\&=5\end{aligned}$$[/tex]
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The Chicago Tribune recently reported that the price of new cars, a normal good, has increased and that the quantity of new cars sold has risen. The new price and quantity could have been caused by a(n):
a)decrease in buyers’ incomes.
b)increase in buyers’ incomes.
c)increase in production costs.
d)decrease in production costs.
A rise in consumer incomes could have contributed to the new pricing and quantity. As a result, Option (B) is the best choice.
What is the law of supply?The quantity of an item or service that a producer is willing to offer at each price is referred to as the supply of those commodities and services. The amount charged by the manufacturer for each unit of an item or service is known as the price. A price increase almost always results in more of that good or service being delivered, whereas a price decrease usually results in less of it being supplied.
The law of supply is the term used by economists to describe the correlation between price and amount supplied that shows that higher prices result in higher quantities supplied while lower prices result in lower quantities supplied. The law of supply makes the assumption that all other factors that influence supply will remain constant.
Hence, Option (B) is the proper answer.
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In the following table, list five examples of products or services for which you have noticed price changes. Identify the product or service; show whether the price change was an increase or decrease; and identify the reason for the price change. Answers will vary. WRITE A TABLE
The five examples of products or services for which one notices the price changes includes gas, onions, rice, data service, and call rate.
The breakdown of the products or services mentioned is explained below:
Gas (increase in the price): the price changes due to the War in Russia which resulted in its supply.
Onions (increase in the price): there is an increase in price of onions due to the long season of locust (pest) which destroyed a lot of farm produce.
Rice (increase in the price): the price changes as a result of importation ban on rice and the consequence of the flooding.
Data service (decrease in price): this change is caused by the availability of wifi access which is now killing the idea of data subscription.
Call rate (decrease in price): the change in the price of voice call is as a result of the competition that now exists among the service providers.
The given question is incomplete, the complete question is-
In the following table, list five examples of products or services for which you have noticed price changes. Identify the product or service; show whether the price change was an increase or decrease; and identify the reason for the price change. Answers will vary.
Product or service Price Increase or Decrease Reason for price change
Name food Did the food price
increase or decrease
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I need help!!! offering (25 points)
Belinda saw that food price’s increased by 11 percent in the past two years. How much would $100 worth of groceries purchased two years ago cost today?
Answer: I'd put 11 x2 first then would subtract 100 from that total. That would be 78
Explanation:
Read the following blog post, and then (a) analyze whether the message is effective or ineffective (explain why), and (b) revise the message so that it follows this chapter's guidelines.
"It has come to my attention that many of you are lying on your time cards. If you come in late, you should not put 8:00 on your card. If you take a long lunch, you should not put 1:00 on your time card. I will not stand for this type of cheating. I simply have no choice but to institute an employee monitoring system. Beginning next Monday, video cameras will be installed at all entrances to the building, and your entry and exit times will be logged each time you use electronic key cards to enter or leave.
Anyone who is late for work or late coming back from lunch more than three times will have to answer to me. I don’t care if you had to take a nap or if you girls had to shop. This is a place of business, and we do not want to be taken advantage of by slackers who are cheaters to boot.
It is too bad that a few bad apples always have to spoil things for everyone."
The message in the given blog post is effective, as this is a friendly reminder about the working time.
So a shift starts from 7:30 am to 5:00 pm and there is a break time between 12:00 pm to 12:45 pm for lunch and other business. In order to facilitate the accuracy of time record and thus improve the fairness in a working environment, a camera will be installed which will moniter the employees. So, this is effective.
So if anyone is late for work more than three times, there will be a penalty. Thus, from following Monday the new cameras are installed for improving the checking time for working of all workers. This is the message given in the blog post.
Hence, such guidelines are to be followed.
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This résumé format focuses on an applicant’s work experience and education:
a.
Chronological
b.
Functional
c.
Skills
d.
Electronic
Answer:
a. Chronological
Explanation: hope this helps.
I NEED HELP PLEASEE ASAP !!
If the price of music lessons falls to $20, the following which best describes the income and substitution effects would be that, "the income effect is that she can now spend more on both goods."
Here, the income effect is known to be the resultant change in demand for a good or service which is thus caused by an increase or a decrease in a consumer's purchasing power or their real income. As one's income grows, the income effect predicts that people will begin to demand more
So, if the price of music lessons falls to $20, the substitution effect is that as the price of music lessons relative to socks has decreased so Emily will definitely buy more music lessons.
Hence, option E is correct.
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You are using a gas-
powered counterbalance
forklift to place the last
pallet of stone pavers into
top stock in Outside Lawn &
Garden before you can
break for lunch. You check
your clearances and place
the load safely. However, as
you are pulling straight
back to clear your forks
from the pallet, you back up
too far and hit the rack
behind you. The rack is
damaged, and you think
you smell fumes coming
from your gas tank. What
should you do next?
The most popular trucks utilized in almost all material handling tasks are counterbalance forklifts. Heavy loads need to be transported from one location to another. On solid, level surfaces, they can be utilized outside.
Describe Forklift?A forklift's main use is to move huge, bulky objects across long distances and through difficult terrain. It expedites the lifting, carrying, and moving of large objects when working on projects that require a lot of supplies to be spread out over numerous areas. To protect forklift operators and other surrounding workers, forklift operations must be managed safely. By following SOPs, accidents, risks, and dangers that are related to forklift operations can be reduced.
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Using the growth accounting equation, a country finds that half of its growth in output comes from growth in technology. Which of the following help explain the growth in technology?
Instructions: In order to receive full credit, you must make a selection for each option. For correct answer(s), click the option once to place a check mark. For incorrect answer(s), click the option twice to empty the box.
check all that apply
Most companies decide to upgrade their computer systems.unanswered
Firms adopt new management techniques that allow them to increase profit.unanswered
A city builds four new warehouses near the river.unanswered
A city builds a new road.unanswered
Farmers adopt new seed varieties that increase yields.unanswered
A greater percentage of the workforce has a college degree.unanswered
The unemployment rate decreases so more workers are employed.unanswered
The government enacts legislation to reduce air pollution.
All the possible answers to this question are listed below:
- A greater percentage of the workforce has a college degree.
- Most companies decide to upgrade their computer systems.
- Farmers adopt new seed varieties that increase yields.
- Firms adopt new management techniques that allow them to increase profit.
Use the drop-down menu to complete each statement.
According to this graph, at $10 the quantity supplied is about
8.5, 14 or 18
As the price of the good rises, the quantity supplied will
increasing, decreasing or change based on consumer demand
According to this graph, at $10 the quantity supplied is about 14.
As the price of the good rises, the quantity supplied will be increasing.
In the graph, as the price of the good is rising the quantity supplied is also rising, When the price is $10.00 then the quantity supplied is 14 when the price is $15.00 then the quantity supplied is 24 and when the price is $17.50 the quantity supplied is 30.
The volume of a resource, service, or item that people are prepared and able to sell during a certain time period at a given price. If a good's price increases, more of that good is supplied, all other things being equal. When a product's price declines, less of that product is produced.
Two fundamental economic theories are combined in the law of supply and demand to explain how changes in the price of a resource, good, or service impact its supply and demand. Supply grows as the price rises, but demand drops. In contrast, as the price falls, supply is constrained and demand is increased.
The law of supply is a microeconomic principle that asserts, with all other things being equal, that if the cost of an item or service rises, suppliers will offer more of those goods or services and vice versa.
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Adding foreign stocks that are riskier than the portfolio average will always increase the risk of the portfolio.
True or False
The given statement is false. A portfolio is a collection of financial assets, such as securities, bonds, commodities, cash, and cash equivalents, such as closed-end funds and exchange-traded funds (ETFs).
How would foreign stocks Help in portfolio diversification?A portfolio is a collection of financial assets, such as securities, bonds, commodities, cash, and cash equivalents, such as closed-end funds and exchange-traded funds (ETFs). Most people think that a portfolio's core consists of equities, bonds, and cash.By diversifying your assets, it is one strategy to maintain a balance between risk and return in your investing portfolio. Spreading your investments out will limit your exposure to any one form of asset. This approach is known as diversification. This routine is intended to gradually lessen the volatility of your portfolio. Building a portfolio with a variety of investments that have various estimated risks and rewards is the technique of diversification. You can be protected by diversification from circumstances that could negatively impact certain investments.Hence, The given statement is false.
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Which option is NOT a way to get out of a financial emergency?
The way to get out of a financial emergency is as follows
Maximize Your Liquid Savings.Make a Budget.Reduce the number of your monthly bills.Pay Close Attention to Managing Your Bills.assets other than cash, with the goal of maximizing their value.Reduce your balances on your credit cards.Get a Better Deal on Your Credit Card.Make Some Extra Money.This is further explained below.
What is a financial emergency?Generally, An unexpected cost or loss of revenue is an example of an emergency. Some examples of emergencies are a lost paycheck, a damaged roof, a flat tire, or a medical bill.
FEMA P-2142/August 2019. Emergencies that need financial assistance include things like damage to a vehicle, losing a job, needing medical care, experiencing property damage, or having a family emergency.
In conclusion, According to the provisions of Article 360, the President of India has the authority to proclaim a state of Financial Emergency if he has reason to believe that the financial stability or credit of India or any of its parts is in jeopardy.
It is necessary for it to get approval from the Parliament, as well as approval from both Houses of Parliament within a period of two months.
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Complete Question Not found
Options Not found
Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For specific identification, units sold include 140 units from beginning inventory, 270 units from the March 5 purchase, 120 units from the March 18 purchase, and 160 units from the March 25 purchase.
The cost which is assigned to the ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification, is computed below.
So for each of the inventory valuation calculations, we will use the perpetual inventory valuation approach.
Cost Assignment Beginning inventory
(a) Specific identification: 140 units
(b) Weighted average 270 units
(c) FIFO 120 units
(d) LIFO 160 units
For specific identification, Cost of goods sold:
March 5 sale 270 units from the beginning inventory at $50.40 = $2,520
and 120 units from March 18 purchase at $55.40 = $9,972
Mar 25 sale 30 units from the Mar 18 purchase at $60.40 = 1,812
and 160 units from March 25 purchase at $62.40 = 4,368
The total for cost of goods which is sold under specific identification = $18,672
Thus, ending Inventory = Cost of goods available for sale - Cost of the goods sold
= $8,206 ($26,878 - $18,672)
FIFO:
Cost of Goods Sold
March 9 sales of 230 units (70 × $50.40 + 160 × $55.40) = $12,392
March 29 sales of 100 units (50 × $55.40 + 50 × $60.40) = $5,790
Total cost of goods sold = $18,182
Ending Inventory:
Cost of goods available for sale - cost of the goods sold
= $8,696 ($26,878 - 18,182)
LIFO:
Cost of Goods Sold
March 29 sales of 100 units (100*$62.40) = 6,240
Total cost of goods sold = $18,798
Ending Inventory
Cost of the goods available for sale - the cost of goods sold
= $8,080 ($26,878 - 18,798)
The given question is incomplete, the complete question is given below-
Warnerwoods Company uses a perpetual inventory system. It enters into the following sales and purchases transactions for the month March.
Mar. 1 Beginning inventory of the 70 units at $50.40 $3,528
Mar. 5 Purchase 210 units at the $55.40 $11,634
Mar. 9 Sales of 230 units at $85.40 $19,642
Mar.18 Purchases 70 units at $60.40 $4,228
Mar.25 Purchases 120 units at the $62.40 $7,488
Mar. 29 sales of 100 units at $95.40 $9,540
Total units available for sale = 470
Total Sales = 330 units
Compute the cost which is thus assigned to the ending inventory by using (a) FIFO, (b) LIFO, (c) the weighted average, and the (d) specific identification.
For specific identification, the units sold include 140 units from beginning inventory, 270 units from the March 5 purchase, 120 units from the March 18 purchase, and 160 units from March 25 purchase.
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Which mental process involves holding a limited amount of information and the
ability to integrate new information to plan and organize?
O Working memory
O Teamwork
O Self-regulation
Flexible thinking
Working memory involves holding a limited amount of information and the ability to integrate new information to plan and organize.
Retaining a little amount of information in an easily accessible format is known as working memory. Planning, understanding, thinking, and problem-solving are all made easier by it. Although working memory is used frequently in human mind, there is ongoing debate over the best method to use what is known about working memory to enhance education.
Working memory is a term that is commonly used in psychology. In people ranging in age from infancy to old age and in all kinds of animals, it has frequently been linked to or related to intelligence, information processing, executive function, understanding, problem-solving, and learning. This idea is so pervasive in the field that it needs to be carefully examined both historically and in terms of definition in order to determine its essential traits and limitations.
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Find three fractions that are equivalent to three-eighths?
Answer: are 6 - 16, 12 - 32 and 18 - 48.
Explanation: hopeful this helps
Answer: 3/8=6/16=9/24=12/32
Explanation: Just keep multiplying the numerator and the denomenator
how come when i look for answers there always wrong
Answer: some people are rude
Explanation: some people just want easy points
1. Wing Computer Corporation of Xiamen, China, uses 15,000 keyboards each year in the production of computer terminals for major computer manufacturers headquartered in Taiwan. Order cost for the keyboards is 50 renminbi, and the holding cost for one keyboard is 1.5 renminbi per unit per year. If Wing orders 1250 per month, what will be the total annual cost?
Based on the holding cost of one keyboard, the order cost of the keyboards, and the number of orders, the total annual cost to Wing Computer Corporation would be $1,537.50
How to find the total annual cost?The total annual cost is a function of the annual demand, order quantity, and ordering cost.
The total annual cost to Wing Computer Corporation of Xiamen can be found by the formula:
= (Annual Demand / Order Quantity) x Ordering Cost + ( (Order Quantity / 2) x Holding Cost)
Solving for the total annual cost to Wing Computer Corporation of Xiamen in China gives:
= (15,000 / 1,250) x 50 + ( (1,250 / 2) x 1.50)
= (12 x 50) + (625 x 1.5)
= 600 + 937.50
= $1,537.50
In conclusion, the total annual cost that Wing Computer Corporation of Xiamen, China would incur for ordering 1,250 keyboards per month is $1,537.50
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The livestream on the social media to sell the products is personal selling on the internet? I have to find the examples of the personal selling on the Internet MKT subject.
The livestream on the social media to sell the products is considered to be a personal selling on the internet.
Personal selling is referred to the process of directly engaging with buyers in order to explain to them about a particular product and communicate with them about their experience and expectations. Thus, personal selling involves creating a customer relationship so that one can walk them through the process.
So, the livestream on the social media in order to sell the products is called as a personal selling on the internet. Thus, with social media technology, sellers are given unique opportunity to influence, build, and manage individual relationships with customers.
Hence, personal selling is also regarded as face-to-face selling.
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Refer to the chart, and then use the drop-down menu to complete each statement.
As the price of jeans rises, the quantity supplied
is increasing, is decreasing or is not changing
When the price per pair is $50, the quantity supplied is
30, 40 or 50
As the price increases from $20 to $60, the quantity supplied increases by
40, 50 or 60
As the price of jeans rises, the quantity supplied is increasing
When the price per pair is $50, the quantity supplied is 40
As the price increases from $20 to $60, the quantity supplied increases by 40
Two fundamental economic theories are combined in the law of supply and demand to explain how changes in the price of a resource, good, or service impact its supply and demand. Supply grows as the price rises, but demand drops. In contrast, as the price falls, supply is constrained and demand is increased.
The inclination is to expand supply when prices rise because there is now more profit to be made. Conversely, as prices drop, producers often cut back on their output because there are fewer opportunities to make money.
The law of supply is a microeconomic principle that asserts, with all other things being equal, that if the cost of an item or service rises, suppliers will offer more of those goods or services and vice versa.
According to the rule of supply, suppliers will try to maximize their earnings when the price of an item rises by offering more products for sale.
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Use this topic based on a problem or issue you might deal with in one of the following divisions of a company:
a. accounting
1. Discuss the steps taken to narrow the topic,
2. the audience you would be writing for
3. the types of questions that the audience may have.
Explanation:
Assertion (A): Decaying of food is a chemical change.
Reason (R): Decaying of food is not a permanent change.
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Option A. Given that Doug wants to be able to create and also make use of this stand, what he would need to have to investigate in his municipality would be the specific use permit.
What is the specific use permit?This is the term that is sued to refer to the laws that would guide the operations of businesses. The way that the law works in the municipalities is that it would help to ensure that the businesses that have the ability of impact the surrounding that it is established have the conditions of approvals that are necessary for their operation.
This is the permit that is simply required for the land usage. That is the municipality has to give Doug the required permission before he can go ahead to establish this business or make use of this area.
In order to get the permit what he would have to do would be to mail a request or go through the planning committee.
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