Suppose a market is initially in equilibrium and demand decreases. The producer surplus will:_____.
a. be higher since the price is lower and equilibrium moves down along the supply curve.
b. be higher since the price is lower and equilibrium moves up along the supply curve.
c. be lower since the price is lower and equilibrium moves down along the supply curve.
d. be lower since the price is lower and equilibrium moves up along the supply curve.

Answers

Answer 1

Answer:

c. be lower since the price is lower and equilibrium moves down along the supply curve.


Related Questions

Assume you have 1000 shares of Microsoft, and they want to buy back their shares, would you sell your shares to them? OR you would wait for the divided? Furthermore, WHY Microsoft is repurchasing their shares? Likewise, if you have PKR 1 million, to diversify risk, how you would make different portfolios for this amount?

Answers

Answer:

no, i wouldn't

Explanation:

most likely the stock market is doing well and they want to keep the money, so thats why they'd buy them back. they want to keep the money for themselves.

Department S had 500 units 68% completed in process at the beginning of the period, 8,000 units completed during the period, and 900 units 49% completed at the end of the period. What was the number of equivalent units of production for the period for conversion if the first-in, first-out method is used to cost inventories? Assume the completion percentage applies to both direct materials and conversion cost. a.7,500 b.8,101 c.7,660 d.9,001

Answers

Answer: b. 8,101 units

Explanation:

When using the FIFO method to cost inventories, the number of equivalent units for production takes into account the beginning inventory.

It is calculated as:

= (Beginning inventory * (1 - completion rate) ) + (Units completed - Opening inventory) + (Ending inventory * Completion rate)

= (500 * ( 1 - 68%)) + (8,000 - 500) + (900 * 49%)

= 160 + 7,500 + 441

= 8,101 units

Atom Endeavour Co. issued $39 million face amount of 8.1% bonds when market interest rates were 8.03% for bonds of similar risk and other characteristics. Required: a. How much interest will be paid annually on these bonds

Answers

Answer: $3,159,000

Explanation:

Based on the information provided, the amount of interest that will be paid annually on these bonds will be calculated as follows:

Interest = Coupon rate × Face value

where,

Coupon rate = 8.1%

Face value = $39 million

Interest = Coupon rate × Face value

= 8.1% × $39 million

= 0.081 × $39 million

= $3,159,000

Therefore, the interest amount is $3,159,000.

Linda earned an income of $3,000 per month, which has now increased to $3,500 per month. She saves 10 percent and spends the remainder on food, lodging and other expenses. So far, she has managed to save $20,000. What is her marginal propensity to save (MPS)

Answers

Answer:

the mps is 0.10

Explanation:

Given that

Income increased from $3,000 to $3,500 per month

ALso she saved 10% and spend the remaining on other expenses

So, she saved $20,000

Now the marginal propensity to consume is

As we know that

MPS = change in saving ÷ change in income

So put the values

After putting out the values, the mps is 0.10

If the resources that an entrepreneur uses have a higher value if used for

other production, the entrepreneur will

O break even

o lose money

O be bankrupt

O make a profit

Answers

Answer: Lose money

Explanation:

An entrepreneur should endeavor to use resources on projects that will yield the greatest value. If they invest in something else, they would lose money because they would be earning less in the project they chose than in the optimum one that would have given more profit.

For instance, an entrepreneur had $10,000. They could have invested in 2 projects, one returns $20,000 and the other returns $26,000. By choosing the project that yields $20,000, they would lose the extra $6,000 the other project would have given.

Fred is working on a new storage system for his organization. He needs it to provide storage for the entire private cloud in the data center. Which of the following is he most likely to deploy?

a. SAN
b. NAS
c. NSA
d. DAS

Answers

Answer:

a. SAN

Explanation:

Cloud computing can be defined as a type of computing that requires shared computing resources such as cloud storage (data storage), servers, computer power, and software over the internet rather than local servers and hard drives.

Generally, cloud computing offers individuals and businesses a fast, effective and efficient way of providing services.

iSCSI is simply an acronym for Internet Small Computer Systems Interface and it is typically an internet protocol (IP) with respect to a storage area network (SAN) standard used essentially for connecting data storage facilities over a transmission control protocol and internet protocol (TCP/IP).

A storage area network (SAN) can be defined as a high-speed computer network that is specially designed to avail end users the ability to access consolidated, block-level data storage. Thus, storage area network (SAN) typically connects network servers to data storage.

Hence, Fred is most likely to deploy a storage area network (SAN) in this scenario, to provide storage for the entire private cloud in the data center.

Adams Company recorded the following journal entry on March​ 2, 2018. Cash Unearned Revenue From the journal entry​ above, identify the transaction on March​ 2, 2018. A. Adams paid for services to be received at a later date. B. Adams received for services to be performed in a later period. C. Adams sold goods for cash. D. Adams purchased goods worth and signed a oneyear note for the same amount.

Answers

Answer: B. Adams received for services to be performed in a later period.

Explanation:

Unearned revenue represents cash paid by a customer for services that have not yet been done or goods that have not yet been delivered.

It is credited because it represents a liability as the company owes the customer the services or goods they paid for.

Adams here received cash for services that have not yet been performed which is why it was sent to the unearned revenue account and debited to cash to show that cash was received.

Shane wants to invest money in a 6% CD account that compounds semiannually. Shane would like the account to have a balance of $120,000 3-years from now. How much must Shane deposit to accomplish his goal

Answers

Answer:

84165.59

Explanation:

[tex]12000=x(1+\frac{.06}{2})^{2*6}\\.\frac{120000}{(1.03)^{12}}=84165.58562[/tex]

which we will round to 84165.59

During July at Loeb Corporation, $83,000 of raw materials were requisitioned from the storeroom for use in production. These raw materials included both direct and indirect materials. The indirect materials totaled $4,000. The journal entry to record the requisition from the storeroom would include a:

Answers

Answer:

Debit to work in process for $79,000

Explanation:

The journal entry is shown below:

Work in process Dr $79,000

    To Direct material $79,000

(Being requistion from the storeroom is recorded)

Here work in process is debited as it increased the assets and credited the direct material as it decreased the assets

Working note

Total material requisitions. = $ 83,000

Less : Indirect material. =. ($ 4000)

Direct material $79,000

A chart of accounts for a merchandising business a.usually is standardized by the FASB for all merchandising businesses b.usually is the same as the chart of accounts for a service business c.always uses a three-digit numbering system d.usually requires more accounts than does the chart of accounts for a service business

Answers

Answer:

A chart of accounts for a merchandising business

d. usually requires more accounts than does the chart of accounts for a service business.

Explanation:

A merchandising business will require many accounts to account for inventory movements, costs, and revenue from the sale of inventory.  These accounts are not applicable to a service business.  Therefore, the chart of accounts for a service business will not require many accounts.  

A health insurance policy pays 65 percent of physical therapy costs after a $200 deductible. In contrast, an HMO charges $15 per visit
for physical therapy. How much would a person save with the HMO If he or she had 10 physical therapy sessions costing $50 each?

Amount of savings

Answers

Answer:

Amount of saving = $292.5

Explanation:

Below is the given informations:

Cost bear by insurance company = 65%

Deducticle amount = $200

Total cost of therapy = 10 x (Per visit charge + Each session therapy cost)

Total cost of therapy = 10 x (15 + 50)

Total cost of therapy = 650

Amount after deductible = 650 - 200 = 450

Amount of saving = 65% of 450

Amount of saving = $292.5

MC Qu. 141 Comet Company accumulated... Comet Company accumulated the following account information for the year: Beginning raw materials inventory$6,700 Indirect materials cost 2,700 Indirect labor cost 5,700 Maintenance of factory equipment 3,500 Direct labor cost 7,700 Using the above information, total factory overhead costs would be:

Answers

Answer:

the total factory overhead cost is $11,900

Explanation:

The computation of the total factory overhead cost is shown below:

= Indirect materials cost + Indirect labor cost + Maintenance of factory equipment

= $2,700 + $5,700 + $3,500

= $11,900

Hence the total factory overhead cost is $11,900

The same should be considered and relevant

For each city across the U.S., economists construct a price index for a similar basket of goods. In Los Angeles the index is 127.3 and the index for Dallas is 94.8. If you have been offered $137,000 for a job in Los Angeles and $117,000 for a similar job in Dallas, which job affords you the highest purchasing power of the bundle of goods in the price index

Answers

Answer:

the job at Dallas

Explanation:

Price index measures the changes in price level over time. It is measure of inflation.

Inflation is a persistent rise in the general price levels

Types of price indexes

1. Producer price index measures the goods and services produced. this would not increase because it is used cars that is being examined

2. The consumer price index measures the changes in price of a basket of good. It is used to measure inflation. Because the price of price of used cars and trucks in US has increased , the CPI would increase

CPI = (cost of basket of goods in current period / cost of basket of goods in base period) x 100

Real value of the income of the Dallas job = 127.3 x ($117,000)/94.8 = $157,111

this value is higher than the 137,000 offered by the hob at Los Angeles

During the current year, the following manufacturing activity took place for a company's products. The beginning work in process, 70% complete, was comprised of 10,000 units. Units started into production during the year totaled 150,000 units. A total of 140,000 units were completed during the year. The ending work in process, 25% complete, was comprised of 20,000 units. What was the number of equivalent units using the FIFO method?
a. 138,000.
b. 140,000.
c. 145,000.
d. 150,000.

Answers

Answer:

a. 138,000

Explanation:

                      Equivalent Units of Production (FIFO method)

                                                                   Whole   % Completion  Equ. units

                                                                   Units                                Dir. Mat.

Beg. Work in process (100% - 70%)    10,000            30%            3,000

Started & completed (140,000-10,000)  130,000         100%           130,000

Ending Work in process                           20,000           25%            5,000

Total Equivalent units                                                                        138,000

Company manufactures luggage sets. sells its luggage sets to department stores. expects to sell luggage sets for each in and luggage sets for each in . All sales are cash only. Prepare the sales budget for January and February.

Answers

Complete Question:

Yem Company manufactures luggage sets. Yem sells its luggage sets to department stores. Yem expects to sell 1,600 luggage sets for $260 each in January and 1,700 luggage sets for $260 each in February. All sales are cash only. Prepare the sales budget for January and February

Answer:

Yem Company

Yem Company

Sales Budget

Two Months Ended January 31 and February 28

                                                              January      February

Budgeted luggage sets to be sold         1,600            1,700

Sales price per set                                  $260            $260

Total sales                                        $416,000     $442,000

Explanation:

a) Data and Calculations:

Expected sales units in January = 1,600 luggage sets

Selling price for January sales = $260 each

Expected sale units in February =  1,700 luggage sets

Selling price for February sales = $260 each

When a bond sells at a premium: Multiple Choice The contract rate is above the market rate. The contract rate is equal to the market rate. The contract rate is below the market rate. It means that the bond is a zero coupon bond. The bond pays no interest.

Answers

Answer:

The contract rate is above the market rate.

Explanation:

In the case when the bond is sold at premium that means the market rate is lower than the coupon rate also the premium is declined when it reaches to the maturity level

So that means the contract rate is more than the market rate

hence, the first option is correct

And, the same should be considered and relevant

chiến lược phân phối của thương hiệu Omo

Answers

Answer:No

si chang chang hoi

Explanation:

A put option on 100 shares of Generous Dynamics stock has an exercise price $115.0 per share. GD declares 4.0-for-1 stock split. What happens to the exercise price and the number of shares underlying the option

Answers

Answer: number of shares increases to 400 and the exercise price is reduced to $28.75

Explanation:

4 for 1 stock split means 1 stock will be splitted into 4 equal stock. In this case, the 100 shares will become:

= 100 × 4

= 400 shares.

Then, the exercise price will be calculated as:

Exercise price:

$115 x 100 shares = new exercise price x 400 shares

$11500 = new exercise price x 400 shares

Exercise price = $11500/400

Exercise price = $28.75

Therefore, the number of shares increases to 400 and the exercise price is reduced to $28.75

.............................................................................

Answers

In 2005, bankruptcy reform laws:

A: made student loans dischargeable in bankruptcy

B: required debtors to pay more of their debts in bankruptcy

Answer:

B: required debtors to pay more of their debts in bankruptcy

Explanation:

The Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) which was passed in 2005, reviewed the bankruptcy process in America.

This law was reviewed because it wanted to prevent abuse of the bankruptcy process.

Therefore, In 2005, bankruptcy reform laws required debtors to pay more of their debts in bankruptcy.

How LinkedIn’s weekly invite limits are affecting marketers?

Answers

Answer:

B2B marketers and businesses who rely on LinkedIn for lead generation are greatly affected by these new limits. The growth of their business greatly depends on the outreach and 100 connection requests per week is just not enough.  

However, when there’s a problem, there’s always a solution.  

Here are some best ways to help you get beyond the new LinkedIn limits:

USE EMAILS TO SEND INVITESCREATE AN AMAZING CONTENT STRATEGYUSE INMAILS

LinkedIn’s new weekly limit has some benefits but a number of drawbacks for B2B marketers and business owners.

Please answer the following questions.
Porter Co. is analyzing two projects for the future. Assume that only one project can be selected.
Project X Project Y
Cost of machine $68,000 $60,000
Net cash flow:
Year 1 24,000 4,000
Year 2 24,000 26,000
Year 3 24,000 26,000
Year 4 0 20,000
The payback period in years for Project X is:_______
a. 2.00.
b. 3.83.
c. 3.50.
d. 2.83.
e. 4.00.

Answers

Answer: d. 2.83 years

Explanation:

The Payback period of an investment is the time it would take for the positive cash inflows to pay off the investment amount put into the project.

When the cashflow is constant, the payback period is calculated as:

= Investment in project X / Annual Cash inflow for project X

= 68,000/24,000

= 2.83 years

g If closing costs of $1,200 are associated with the refinance of a mortgage that would reduce the monthly payment from $1,020 to $949 refinance, it would take approximately ____ months to cover these costs. (Round your answer to the nearest full month.)

Answers

Answer: 17 months

Explanation:

The number of months it would take to cover these costs is found by:

= Total closing costs/ Saving per month

Savings per month:

= Old monthly payment - New monthly payment

= 1,020 - 949

= $71

Number of months it would take = 1,200 / 71

= 16.90

= 17 months

Brooks Company carries three inventory items. The following information pertains to the ending inventory: Unit Unit Item Quantity Cost Market Value A 120 $ 60 $ 55 F 170 80 75 K 110 30 40 Required a. Determine the ending inventory that Brooks will report on the balance sheet, assuming that it applies the lower-of-cost-or-market rule to individual inventory items.

Answers

Answer:

$22,650

Explanation:

The computation of the ending inventory is given below:

item      quantity       unit cost   unit               lower unit   lower value

A              120              $60            $55              $55               $6600

B            170                  80             75                  75           12,750

C            110                   30             40                 30                 3,300

Total $22,650

Suppose the current exchange rate for the Polish zloty is Z 3.91. The expected exchange rate in three years is Z 3.98. What is the difference in the annual inflation rates for the United States and Poland over this period

Answers

Answer:

1.79%

Explanation:

Calculation to determine the difference in the annual inflation rates for the United States and Poland over this period

Current exchange rate for Polish Zioty = Z 3.91/ US dollars

Expected exchange rate in 3 years for Polish Zioty = Z 3.98/ US Dollars

Now let determine the difference in the annual inflation rates

Annual inflation rates= ( 3.98– 3.91)/ 3.91 x 100

Annual inflation rates= 0.06/3.91x 100

Annual inflation rates=1.79 %

Therefore the difference in the annual inflation rates for the United States and Poland over this period is 1.79%

Wilturner Company incurs $90,000 of labor related directly to the product in the Assembly Department, and $39,000 of labor related to the Assembly Department as a whole, and $26,000 of labor for services that help production in both the Assembly and Finishing departments. The amount of direct labor and factory overhead respectively are:

Answers

Answer:

Direct labor = $90,000

Factory overhead = $65,000

Explanation:

i. Cost of direct labor of $90,000 will be assigned to Work-in process for the period as direct costs.

ii. Cost of indirect labor of $39,000 and cost of labor services of $26,000 are assigned to manufacturing or factory overheads as indirect costs that total of $65,000 ($39,000 + $26,000).

If the reserve ratio increased from 10 percent to 20 percent, the money multiplier would a. rise from 10 to 20. b. rise from 5 to 10. c. fall from 10 to 5. d. not change.

Answers

Answer:

c

Explanation:

Reserve ratio is the percentage of deposits that is required of commercial banks to keep as reserves. The lower the ratio, the higher the increase in money supply

Money multiplier = 1 / reserve requirement

Money multiplier  when reserve ratio is 10% = 1/10 = 0.1 = 10%

Money multiplier  when reserve ratio is 20% =1/20 = 0.05 = 5%

there is a decrease of money multiplier from 5% to 10% when reserve ratio is increased from 10 percent to 20 percent

Single Plantwide Factory Overhead Rate Kennedy Appliance Inc.’s Machining Department incurred $159,500 of factory overhead cost in producing hoses and valves. The two products consumed a total of 5,500 direct machine hours. Of that amount, hoses consumed 2,800 direct machine hours. Determine the total amount of factory overhead that should be allocated to hoses using machine hours as the allocation base. $fill in the blank 1

Answers

Answer:

the total amount of factory overhead that should be allocated to hoses using machine hours is $81,200

Explanation:

The calculation of the total amount of factory overhead that should be allocated to hoses using machine hours is given below:

= $159,500 × 2,800 ÷ 5,500

= $81,200

Hence, the total amount of factory overhead that should be allocated to hoses using machine hours is $81,200

the same is relevant

What is Interpersonal skill in business
management ?

Answers

are the behaviors and tactics a person uses to interact with others effectively in the business world the team refers to an employees ability to work well with others Explanation:

3. Which of the following is NOT a factor of production?
a. land
d. entrepreneurship
b. output
e. capital
c. inputs

Answers

Answer:

Output.

Explanation:

because it is an effect of production but not a factor.

Output in I think this is right

thế nào là lọi ích so sánh

Answers

Answer:

Lợi thế so sánh hay Ưu thế so sánh là một nguyên tắc trong kinh tế học phát biểu rằng mỗi quốc gia sẽ được lợi khi nó chuyên môn hóa sản xuất và xuất khẩu những hàng hóa mà mình có thể sản xuất với chi phí tương đối thấp (hay tương đối có hiệu quả hơn các nước khác); ngược lại, mỗi quốc gia sẽ được lợi nếu nó nhập khẩu những hàng hóa mà mình có thể sản xuất với chi phí tương đối cao (hay tương đối không hiệu quả bằng các nước khác). Nguyên tắc lợi thế so sánh cho rằng một nước có thể thu được lợi từ thương mại bất kể nó tuyệt đối có hiệu quả hơn hay tuyệt đối không hiệu quả bằng các nước khác trong việc sản xuất mọi hàng hóa. Nguyên tắc lợi thế so sánh là khái niệm trọng yếu trong nghiên cứu thương mại quốc tế. Nhà kinh tế học được giải thưởng Nobel năm 1970 Paul Samuelson đã viết: "Mặc dù có những hạn chế, lý thuyết lợi thế so sánh vẫn là một trong những chân lý sâu sắc nhất của mọi môn kinh tế học. Các quốc gia không quan tâm đến lợi thế so sánh đều phải trả một cái giá rất đắt bằng mức sống và tăng trưởng kinh tế của chính mình."

Explanation:

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