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Vlad1618 [11]
2 years ago
6

A market demand curve reflects Group of answer choices when the buyers are willing to buy the most. the fact that the level of i

ncome is inversely related to quantity demanded. how much all buyers are willing and able to buy at each possible price. how quantity demanded changes when the number of buyers changes.
Business
1 answer:
NikAS [45]2 years ago
6 0

Answer:

how much all buyers are willing and able to buy at each possible price

Explanation:

<em>A market demand curve reflects how much all buyers are willing and able to buy at each possible price.</em>

The individual demand curve is a graph that elicits the kind of relationship that exists between the demand for a product and the price of the product at a specific period.

<u>The market demand curve sums up all the individual demand for a product at a particular price in the market.  It is the total quantity of product buyers are willing and able to buy at each possible price of the product.</u>

The higher the individual demands for a product at a specific price, the higher the market demand and vice versa.

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Read the following scenario and answer the question in 5 sentences at least.
tamaranim1 [39]

Answer and Explanation:

1. Business implication: if there are no trade barriers, it would enable them get better raw materials for their business and increase customer base

Legal anti trust implication: lobbying is illegal in some countries

2. Business implication: this would attract more manufacturers who were not previously members of the association which would in turn promote the goals of the association in improving trade amongst the manufacturers

Legal anti trust implication: associatio may be exposed to legal examination, example increased regulations

3 business implications:sales territories would invariably create a safe and secure investment for manufacturers such that there is less cost of marketing and campaigning as consumers are guaranteed

Legal implications: this is against anti trust laws and goes against free trade policies and illegal monopoly

4 business implications: boycotting this supplier could create an alternative source of raw materials which wouldn't be as efficient and even cost more

Legal implications: boycotting a large supplier such as this who might have a political backing might bring political retaliations from the supplier's political proxies who might create other regulations in the supplier's favour

6 0
2 years ago
The Work in Process Inventory account had a beginning balance of $16,200 on April 1. During April, the cost of direct materials
zhenek [66]

Answer:

$28,700

Explanation:

We know that

Ending work in process inventory = Opening work in process inventory + total manufacturing cost - cost of finished goods manufactured

where,

Total manufacturing cost = cost of direct materials used + direct labor cost + overhead  cost

= $408,000 + $56,000 + $72,000

= $536,000

So, the ending work in process inventory would be

= $16,200 + $536,000 - $523,500

= $28,700

4 0
2 years ago
Suppose the following information (in thousands of dollars) is available for H.J. Heinz Company—famous for ketchup and other fin
Katena32 [7]

Answer:

Explanation:

The classified balance sheet comprises of the assets, liabilities, and stockholder equity.  With the help of the accounting equation, the total assets are equal to the total liabilities including stockholder's equity.

The assets are further divided into current assets, fixed assets, and intangible assets. Similarly, the liabilities are also further divided but they do not have any intangible liabilities.

The preparation of the partial balance sheet is presented in the spreadsheet. Kindly find the attachment below:

4 0
2 years ago
Suppose there are 5 million unemployed workers seeking jobs. After a period of time, 1 million of them become discouraged over t
aev [14]

Answer: Decline.

Explanation:

If a million job seekers out of 5 million job seekers, get discouraged and stop job hunting, the unemployment rate would be recorded to have dropped, because it would mean that there are fewer individuals that are seeking for employment( in this case 4million).

6 0
2 years ago
Louis owns a stock that has an average geometric return of10.50 percent and an average arithmetic return of 11.00 percent over t
RideAnS [48]

Answer:

Average annual rate of return should Louis expect to earn over the next four years is 10.7%

Explanation:

The formula we are going o use is:

Expected\ Return=\{(\frac{R-1}{N-1})*i_{g}\}+\{(\frac{N-R}{N-1})*i_{a}\}

Where:

R is the number of years over which Louis expect to earn.

N is the number of years of average arithmetic return.

i_{g} is the average geometric return=10.50%=0.105.

i_{a} is the average arithmetic return =11%=0.11.

Solution:

Expected\ Return=\{(\frac{R-1}{N-1})*i_{g}\}+\{(\frac{N-R}{N-1})*i_{a}\}\\Expected\ Return=\{(\frac{4-1}{6-1})*0.105\}+\{(\frac{6-4}{6-1})*0.11\}\\Expected\ Return=0.107

Average annual rate of return should Louis expect to earn over the next four years is 10.7%

4 0
2 years ago
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