Use the following information to prepare a classified balance sheet for alpha co. at the end of year 1. accounts receivable $ 41,960 accounts payable 9,745 cash 14,480 common stock 45,000 land 29,450 long-term notes payable 24,550 merchandise inventory 31,450 retained earnings 38,045

The table shows the demand and supply schedules for magazines. complete the following sentences. the equilibrium price of a magazine is $ 4 and the equilibrium quantity is 150 magazines a week. price (dollars per magazine) quantity demanded quantity supplied (magazines per week) 3.00 160 138 3.50 155 144 4.00 150 150 4.50 145 156 5.00 140 161 now a fall in the price of a newspaper decreases the quantity demanded by 11 magazines a week at each price. at the original equilibrium price, a occurs. to return to equilibrium, the price of a magazine a. surplus; rises b. shortage; rises c. shortage; falls d. surplus; falls as the market returns to equilibrium, the quantity demanded and the quantity supplied a. decreases; increases b. decreases; decreases c. increases; decreases d. increases; increases the new equilibrium price is $ nothing a magazine.

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How do communism and socialism differ in terms of the role that government plays in the economy ?