Answer:
D. higher profits will induce expanded production.
Explanation:
If the price of a good increases and the cost remains the same ,profits earned would increase.
For example if price of a pen was initially $5 and rose to $7. The cost of making a pen is $3. Total profit would rise from $2 to $4.
According to the law of supply, the higher the price, the higher the quantity supplied and the lower the price, the lower the. quantity supplied. Therefore, the higher price would attract more producers and production would increase. Existing producers would also increase output.
I hope my answer helps you.
Answer:
china
Explanation:
if your traveling to china on business do not discuss business during meals .
Answer:
$3,402
Explanation:
We are to calculate the future value of the annuity
The formula for calculating future value = A x (B / r)
B = [(1 + r)^n] - 1
R = interest rate
N = number of years
(1.10)² - 1 = 0.21
$1,620 x( 0.21 / 0.1) = $3,402
Answer:
a. callahanb
Explanation:
Conservative investment strategy means investing in a less risky asset so the there is certain cash flow . Investment in govt bonds or treasury bills or company debentures etc of good rating are example of conservative investment strategy.
Old timers should opt for conservative investment . It is so because their risk bearing capacity is low. They can be reined in case of any windfall loss .
They have fixed liability in the form of medical expenses etc.
On the other hand youngsters have no such fixed liability . So they go for some risky alternative to take advantage of risk premium.
Answer:
Papa Sean's Restaurant
Transactions that affect the Accounting Equation:
a. Increase one asset and decrease another asset.
Cash of $40,000 is received from customers on account.
b. Decrease an asset and decrease equity.
A wage expense of $56,000 is paid for the period
c. Decrease an asset and decrease a liability.
Suppliers are paid $67,000 on account.
d. Increase an asset and increase equity.
Customers are billed $90,000 for services rendered in the month.
e. Increase an asset and increase a liability.
The company purchases equipment worth $35,000 on account.
Explanation:
The accounting equation shows that for each financial transaction of a business affects at least two accounts and may involve the two sides of the accounting equation or affect two accounts on one side of the equation. This implies that the equation is always in balance. The accounting equation also explains the duality of business transactions.
