With respect to the equilibrium price and the equilibrium quantity of good X, increases in the demand for and the supply of good X will definitely Group of answer choices increase the equilibrium price of good X but have an uncertain impact on the equilibrium quantity of X. reduce the equilibrium price and the equilibrium quantity of good X. increase the equilibrium price and the equilibrium quantity of good X. increase the equilibrium quantity of good X but have an uncertain impact on the equilibrium price of X.

The economic advisor of a large tire store proposes the demand function d(p)equalsstartfraction 1900 over p minus 40 endfraction , where d(p) is the number of tires of one brand and size that can be sold in one day at price p. answer parts (a) through (e) below. a. recalling that the demand must be positive, what is the domain of this function? the domain consists of all possible values of ▼ for which ▼ p d(p) ▼ does not exist. is positive. is zero. is negative. exists.

Alpine west, inc., operates a downhill ski area near lake tahoe, california. an all-day, adult ticket can be purchased for $55. adult customers also can purchase a season pass that entitles the pass holder to ski any day during the season, which typically runs from december 1 through april 30. the season pass is nontransferable, and the $450 price is nonrefundable. alpine expects its season pass holders to use their passes equally throughout the season. the company’s fiscal year ends on december 31. on november 6, 2009, jake lawson purchased a season ticket. required: 1. when should alpine west recognize revenue from the sale of its season passes? 2. prepare the appropriate journal entries that alpine would record on november 6 and december 31. 3. what will be included in the 2009 income statement and 2009 balance sheet related to the sale of the season pass to jake lawson?

All of the following are tasks associated with maintaining a checking account, except a. recording deposits in a checkbook register b. subtracting withdrawals to track the balance c. comparing the checkbook to the account statement in order to reconcile it d.getting your passbook updated when you make a deposit