Answer:
The query definition is mentioned in the clarification section following.
Explanation:
B. Short-run marginal cost increases as output increases
C. Long-Run marginal cost increases as output increases
D. Short-run average cost increases as output increases
E. As output doubles, long run total cost more than doubles
Answer:
B. Short-run marginal cost increases as output increases
Explanation:
diseconomies of scale are the cost disadvantages that economic actors accrue due to an increase in organizational size or on output, resulting in production of goods and services at increased per-unit costs.
B. An increase in the supply of tennis racquets
C. An increase in the price of tennis racquets
D. None of the above would decrease the demand for tennis racquets
Answer:
C) An increase in the price of tennis racquets
Explanation:
If tennis racquets become more expensive, the demand for them will decline, and people will try to supply this need with substitutes, for example, lacrosse raquets. The reason for this is that the classical supply and demand model tells us that demand and price are inversely correlated: if the price goes up, demand goes down, and viceversa.
Answer:
$32540
Explanation:
The balance in additional paid in capital treasury stock as a result of the transactions is $32540.
The beginning balance was set at 0.
March 6 Acquisition in the treasury stock = 27965 shares × $12
In additional paid capital it is 0.
April 6 Reissued in treasury stock = 5280 shares × $12 while in additional paid capital = 5280 shares × $7 (19-12).
Please kindly see attachment to see the step by step working and the answer.
Answer:
Amount paid for the treasury stock on March 6 = $12*27,965 = $335,580
Total Amount realized on the resale of Treasury stock
April 18 = 5280*$19 = $100,320
June 11 = 2210*$10 = $ 22,100
$122,420
cost of treasury stock sold
( $12 * 7,490) (89,880)
Balance in additional paid in capital from treasury stock $32,540
Explanation:
Trading securities 11,500
Accumulated depreciation on equipment and furniture 29,000
Cash 33,000
Inventory 58,500
Equipment 45,000
Patent 9,000
Prepaid expenses 3,700
Land held for future business site 36,500
In Sheridan’s December 31, 2017 balance sheet, the current assets total is:
a. $212500.
b. $234300.
c. $146500.
d. $218300.
Answer:
$143,700
Explanation:
Current assets in Sheridan Company's trial balance are;
Accounts receivable (net) = $37,000
Trading securities = $11,500
Cash = $33,000
Inventory = $58,500
Prepaid expenses = $3,700
Total current assets = $37,000 + $11,500 + $33,000 + $58,500 + $3,700
= $143,700
The right answer is not given as an option.
Answer:
Tax Liability = $59,170
Explanation:
Profit on building = 234,000-(204,000-56,000)
Profit on building = $86,000
Loss on equipment = 84,000 - (152,000-27,000)
Loss on equipment = $41,000
Net profit = Profit on building - Loss on equipment
Net profit = $86,000 - $41,000
Net profit = $45,000
Taxable income before transaction = $194,500
Total taxable income = $194,500 + $45,000
Total taxable income = $239,500
According to tax rules
Tax Liability = ($194,500 - $85,650)28% + 17,442 + ($45,000)(25%)
Tax Liability = $47,920 + $11,250
Tax Liability = $59,170
Answer:
Consider the following explanations
Explanation:
Q1.) the short run fluctuations in the real GDp is known as the business cycles.
Q2.)yes , it is true that Short-term fluctuations in real GDP are irregular and unpredictable.
Q3.) A decrease in real GDPcoincide with declining personal income, and falling corporate profits. As incomes decline consumer spending also decline on retail goods and services and on durable goods, such asautomobiles. Households also contribute to declining investment expenditures by purchasing fewernew homes. As households spend less on products, firms cut back on industrial production and curbinvestment expenditures on physical capital.The unemployment rate tends to rise during periods of falling real GDP as firms cut back on productionand lay off workers. The unemployment rate tends to fall during economic expansions as firms expands production and hire additional workers.
Short-term fluctuations in real GDP are indeed irregular and unpredictable. In 1950, an increasing real GDP in the U.S. economy signifies a period of economic growth.
Short-term fluctuations in real GDP are indeed irregular and unpredictable. While real GDP tends to trend upward over time, it experiences ups and downs in the short run, which we call recessions.
In the context of the U.S. economy in 1950, if there was an increasing real GDP, it means that the economy was growing. This growth could be attributed to various factors such as increased consumer spending, business investment, government spending, or exports.
It could indicate a period of economic expansion with rising employment and incomes.
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