BUSINESS MIDDLE SCHOOL

What could cause a shift in the demand curve

Answers

Answer 1
Answer:

Answer:

income, trends and tastes, prices of related goods, expectations as well as the size and composition of the population.

Explanation:

Answer 2
Answer:

Answer: There are five significant factors that cause a shift in the demand curve: income, trends and tastes, prices of related goods, expectations as well as the size and composition of the population.

Explanation:

The Two Types of Demand Curves

If demand is perfectly elastic, the curve looks like a horizontal flat line. Inelastic demand is when a price decrease won't increase the quantities purchased. An example of this is bananas. No matter how cheap they are, there's only so many you can eat before they spoil.


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COLLEGE

In Washington, D.C., there are many coffee shops, each offering nearly identical coffee but each shop located in a different place around the city. It
is likely a coffee shop in Washington, D.C., operates in a
A)
perfectly competitive market.
B)
monopolistically competitive market.
C)
monopoly market.
D)
oligopoly market.

Answers

Answer:

The correct answer is B)  monopolistically competitive market.

Explanation:

Monopolistic competition is an imperfect type of competition in which there is a high number of sellers in the market that have a certain power to influence the price of their product.

The products offered are characterized by having some differentiation and it is precisely this differentiation that makes these companies enjoy a certain market power, have a certain voice when it comes to setting their prices and are not merely "price-acceptors", as in the case of perfect competition. Therefore, the graphic representation of monopolistic competition will be that of the right, imperfect competition.

COLLEGE

Shannon Company segments its income statement into its North and South Divisions. The company’s overall sales, contribution margin ratio, and net operating income are $1,050,000, 40%, and $21,000, respectively. The North Division’s contribution margin and contribution margin ratio are $154,000 and 44%, respectively. The South Division’s segment margin is $175,000. The company has $262,500 of common fixed expenses that cannot be traced to either division.Required:Prepare an income statement for Shannon Company that uses the contribution format and is segmented by divisions. In addition, for the company as a whole and for each segment, show each item on the segmented income statements as a percent of sales

Answers

Answer:

North Division:

Sales 154,000 12.8%

Variables Cost 101,640 8.44%

Contribution Margin 52,360 4.39%

South Division:

Sales 1,050,000 87.20%

Variables Cost 630,000 52.33%

Contribution Margin 420,000 34.84%

Total Contribution 472,360 39.23%

Fixed Cost 262,500 21.18%

Net Income 209,860 17.43%

Explanation:

First we do the income statements

then we add both sales figures together:

154,000 + 1,050,000 = 1,204,000

And add the percentajeof sales for each line

HIGH SCHOOL

Converting socially responsible ideas into actions involves careful planning and monitoring of programs. Many companies develop, implement, and evaluate their social responsibility efforts by means of ________, which is a systematic assessment of a firm's objectives, strategies, and performance in terms of social responsibility.

Answers

Answer:

Social Audit

Explanation:

Converting socially responsible ideas into actions involves  careful planning and monitoring of programs. Many companies develop, implement and evaluate their social responsibility efforts their by means of social audit, which is a systematic assessment of a firm objectives , strategies, and performance in terms of social responsibility .

A social audit is a way by which a company can improve its ethical performance. It help the company in strengthening local governance .

Social audit take cares the voice of stakeholders also. The main aim of social audit is to do and support and satisfy the employees , customers and community.

Social audit also empower the peoples voice .

HIGH SCHOOL

Which of the following will generate an increase in aggregate​ demand? A. Government spending for the onset of a war. B. An increase in the foreign exchange value of the dollar. C. A decrease in the price level. D. A tax increase.

Answers

Answer:

A. Government spending for the onset of a war. 

Explanation:

If government spending increases, money supply would increase. When money supply increases, people would have more money and as a result, demand would increase.

A rise in foreign exchange value makes goods and services more expensive to foreigners and therefore export would fall and so would aggregate demand.

A decrease in price level would lead to an increase in aggregate output demanded.

A rise in tax would reduce disposable income and aggregate demand would fall.

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