Business, 27.06.2019 00:50 kam110800

Sometimes word of mouth and expert recommendations cause a product to become more popular. however, the firm that produces this product may find it difficult to secure parts to increase production, and it might have to pay higher prices to receive an adequate supply of parts. in this case, what will happen to the future price of the product? choose one: a. the equilibrium price should rise as the supply curve shifts to the left and the demand curve shifts to the right. b. the equilibrium price changes in an unknown direction as the supply curve shifts to the left and the demand curve shifts to the right. c. the equilibrium price does not change as the supply curve shifts to the left and the demand curve shifts to the right.

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 02:30

Acompany using the perpetual inventory system purchased inventory worth $540,000 on account with credit terms of 2/15, n/45. defective inventory of $40,000 was returned 2 days later, and the accounts were appropriately adjusted. if the company paid the invoice 20 days later, the journal entry to record the payment would be

Answers: 1

Answer

Business, 22.06.2019 10:30

On july 1, oura corp. made a sale of $ 450,000 to stratus, inc. on account. terms of the sale were 2/10, n/30. stratus makes payment on july 9. oura uses the net method when accounting for sales discounts. ignore cost of goods sold and the reduction of inventory. a. prepare all oura's journal entries. b. what net sales does oura report?

Answers: 2

Answer

Business, 22.06.2019 13:50

Classify each of the following items as a public good, a private good, a natural monopoly good, or a common resource.(a) measles vaccinations (b) tuna in the pacific ocean (c) airline service in the united states (d) local storm-water system

Answers: 1

Answer

Business, 23.06.2019 02:00

Acompany sells garden hoses and uses the perpetual inventory system to account for its merchandise. the beginning balance of the inventory and its transactions during september were as follows:

Answers: 2

Answer

You know the right answer?

Sometimes word of mouth and expert recommendations cause a product to become more popular. however,...

Questions