Identify and describe four factors that will cause a demand curve for gasoline to shift to the left or decline. What will the likely effect on prices

Answers

Answer 1

Answer:

four factors that could potentially cause a leftward shift in the demand curve for gasoline include

higher prices in gasoline

substitutes for gasoline available at lower prices

substitutes for complementary products (such as electric vehicles) being available at lower prices

changes in consumer income or purchasing power

Explanation:

higher gas prices will have a negative impact on consumer purchasing power, resulting in a decline in demand for the product

substitutes for gasoline, such as diesel or natural gas, at lower prices will cause demand for said substitutes to increase, resulting in a decline in demand for gasoline

complementary products to gasoline are gas-powered vehicles. when demand in a complementary product decreases, so will the demand in the initial product--in this case, gasoline

when consumer income declines, consumer purchasing power declines; this results in a decline in demand for products, such as gasoline


Related Questions

If an economy's GDP falls, then it must be the case that the economy's a. income and saving both fall. b. income falls and expenditure rises. c. income and expenditure both fall. d. income falls and saving rises.

Answers

When the income and expenditure both fall, then, it is likely that the economy's GDP will falls.

Basically, the economy's GDP refers to the total of all value added created in an economy in a particular period,

So, when income and expenditure of an economy falls, then, it is likely that the economy's GDP will falls consequently.

Therefore, the Option B is correct because it is likely that the economy's GDP will falls.

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Seven Co. owns a coal mine with an estimated 1,000,000 tons of available coal. It was purchased for $300,000 and has $50,000 salvage value. During the current period, Seven mined and sold 200,000 tons of coal. Depletion expense for the period will be how much

Answers

Answer:

50,000

Explanation:

(300,000-50,000)/1,000x200,000=50,000

Seven Co. owns a coal mine is the depletion expense for the period will be how much are 50,000.

What is expense?

The term expense refers to the spend money to the particular items. As expenses are the liability of the business. The expenses are to spend, the main motive to earn profit. Expenses are to spend the company are such as raw material, transportation etc.

Determine of the Seven Co. expense for the period are:

Estimated are 1,000,000.The purchased for $300,000.The salvage value is $50,000.The sold of the tons of coal are 200,000.

The expenses of the period = ?

The expenses of the period = (300,000-50,000)/1,000,000×200,000

The expenses of the period = 50,000

As  a result, Seven Co. owns a coal mine is the depletion expense for the period will be how much are 50,000.

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George wants to buy a Government Bond that will mature in 4 years. which type of bond will best meet his needs ?

A. T-bills
B. treasury notes
C. treasury bonds
D. treasury information protection securities ​

Answers

Answer: b

Explanation:

George wants to buy a Government Bond that will mature in 4 years. The bond which  will best meet his needs would be  treasury notes. Thus option (B) is correct.

What are treasury notes?

A treasury note is a U.S. government debt security. A treasury note has a fixed interest rate and maturity between two and 10 years.

A person can buy a treasury notes trough a  competitive bids, in which an investor specifies the yield, or non-competitive bids, in which the investor accepts whatever yield is determined.

A Treasury note is just like a treasury bond, except that it owns a differing maturities. The treasury bond has lifespan between  20 to 30 years.

So we can say that the George wants to buy a Government Bond that will mature in 4 years. The bond which  will best meet his needs would be  treasury notes. Therefore, option (B) is correct.

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Discussion Questions
15-1. This chapter discusses four important issues
that will shape compensation professionals?
work for years to come. Which one of these
issues stands to create the greatest uncertainty
for compensation professionals? Explain
your answer.

Answers

The question is about the Compensation of professionals and its issues.

The most important issue out of the four discussed is the workforce diversity, this creates a great uncertainty in compensating the professionals.

Diversity in professionals create an environment where a group of people are working more and hard while the other group of people does not work much hours but still the compensation is on a similar level and sometimes when this compensation is varied with the group it is highly regarded as the inequality.

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Mary and John, two workers at ABC Inc., have a profound dislike for each other. In weekly sales meetings, it is not uncommon to find Mary and John calling each other names for no apparent reason. What type of conflict best describes the situation between Mary and John

Answers

The type of conflict that best describes the situation between Mary and John is interpersonal conflict, which arises from the disagreement between two or more people.

Conflicts must be managed in the workplace in order to develop a positive organizational culture focused on developing employee skills, cooperation and innovation.

Therefore, to manage interpersonal conflicts like Mary and John's, it is necessary for the leader to establish open and direct communication, listen carefully to all parties, identify points of disagreement and agreement, and develop an aligned plan for conflict resolution.

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When a company does not have enough capacity to produce all of the products and sales volume demanded by their customers, this leads to ________.

Answers

Answer:  volume trade-off decisions

Explanation:

When a company does not have enough capacity to produce all of the products and sales volume demanded by their customers, this leads to volume trade-off decisions.

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China has adopted a three-tier board structure, with a board of directors, a supervisory board, and a subordinate board. China has adopted a three-tier board structure, with a board of directors, a supervisory board, and a subordinate board. false

Answers

It is false that China has adopted a three tier structure of board of the company.

The Two Tier Board structure refers to the corporate structure that consists of two separate Boards of directors that govern such entity.

Currently, the Chinese companies have a two-tier board structure which consists of the supervisory board and a board of director.

Hence, it is false that China has adopted a three tier structure of board of the company.

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Which of the following statements/questions best illustrates communicating with candor?

a. “You drive me crazy by leaving stacks of paper all over the place.”
✔ b. “I’m finding it hard to get our work done with all of these stacks of paper on the table.”
c. “Why don’t you clean up this mess you made?”
d. “Are you this messy at home?”
e. All of these illustrate communicating with candor.

Answers

Statement/questions that serves as illustration as regards communication with candor is : B: I’m finding it hard to get our work done with all of these stacks of paper on the table.”

Whenever a candor is been exerted when one is engaging in a communication, then doing this will encourage other people to exert candor too.

A candid information helps in getting and giving the needed information as regards the team performance as well as professional growth.

Therefore, option B is correct.

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Samantha, who is single and has MAGI of $58,500, was recently employed by an accounting firm. During the year, she spends $3,900 for a CPA exam review course and begins working on a law degree in night school. Her law school expenses were $5,040 for tuition and $780 for books (which are not a requirement for enrollment in the course).

Answers

Answer:

KNOCK WHOS THERE.YOUR DAD. DAD WHO. WAIT I FORGOT YOU GOT NO DAD.

YOUR DAD DIDNT GO GET THE MILK HE JUST HATED YOU IT WAS YOUR FAULT YOURPARENTS DONTLOVE YOU.

g At the beginning of the year, Calvin paid $5,000 for 60 shares of Eddington stock. In June, he received a $300 cash distribution with respect to the stock. His Form 1099-DIV reported that $170 was an ordinary dividend and $130 was a nontaxable return of capital. Compute Calvin's tax basis in his 60 shares at year-end.

Answers

Based on the information given Calvin's tax basis in his 60 shares at year-end is $4,870.

Using this formula

Tax basis=Beginning  cash-Nontaxable return of capital

Where:

Beginning cash=$5,000

Nontaxable return of capital=$130

Let plug in the formula

Tax basis=$5,000-$130

Tax basis=$4,870

Inconclusion Calvin's tax basis in his 60 shares at year-end is $4,870.

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How do I build a successful Uber company?

Answers

Answer:

Don't know

Explanation:

the answer sorry friend

A customer has an existing margin account that shows the following: Long Market Value: $100,000 Debit Balance: $60,000 If the market value declines to $60,000, the customer will receive a maintenance call for:

Answers

$36,000? I didn't really understand the question.

what will happen when unity is not in organization ? explain in details.​

Answers

Unity of Direction states that a particular team of employees with the same goals as well as the same objectives need to work together to achieve those common goals for the success of the company. It has facilitated several organizations in achieving the objectives of firms that they want to have in the industry.

Refer to Figure 13-6. The firm experiences economies of scale at which output levels?
a. Output levels less than M
b. Output level greater than M
c. Output levels between M and N
d. Output levels greater than N

Answers

The firm experiences economies of scale at which output levels output levels less than M.

A firm experiences economies of scale when as quantity produced increases, total cost reduces. This is because total cost associated with production is spread out over a large quantity of goods.

A firm experiences economies of scale at the downward sloping part of the long run average total cost curve.

A firm experiences constant returns to scale between M and N of the long run average total cost curve.

A firm experiences diseconomies of scale at the upward sloping part of the long run average total cost curve.

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Select the BEST answer choice.

The U.S government is involved in the country's economic well-being. For example, the government produces and purchases goods and services. Which of the following is a real example of the government producing or purchasing goods and services to affect the economy?

A - A state government setting a sin tax on unhealthy, sugary cereal.

B - The Federal Trade Commission setting policy on advertising to children.

C - A lottery whose proceeds benefit the elderly.

D - A monopoly being broken up into smaller companies.

Answers

Answer:

Hi How may I help?

Explanation:

On December 31, 2015, Dow Steel Corporation had 600,000 shares of common stock and 300,000 shares of 8%, noncumulative, nonconvertible preferred stock issued and outstanding. Dow issued a 4% common stock dividend on May 15 and paid cash dividends of $400,000 and $75,000 to common and preferred shareholders, respectively, on December 15, 2016. On February 28, 2016, Dow sold 60,000 common shares. In keeping with its long-term share repurchase plan, 2,000 shares were retired on July 1. Dowâs net income for the year ended December 31, 2016, was $2,100,000.

The income tax rate is 40%.

As part of an incentive compensation plan, Dow granted incentive stock options to division managers at December 31 of the current and each of the previous two years. Each option permits its holder to buy one share of common stock at an exercise price equal to market value at the date of grant and can be exercised one year from that date. Information concerning the number of options granted and common share prices follows:

Date Granted (adjusted for the stock dividend) Options Granted Share Price
31-Dec-14 8,000 $24
31-Dec-15 3,000 $33
31-Dec-16 6,500 $32


Required:
Compute Dowâs earnings per share for the year ended December 31, 2016.

Answers

Dowâs earnings per share for the year ended December 31, 2016 is $3 per share.

First step is to compute common shares on January 1 to December 31  

Common shares on January 1 to December 31 = 600,000 ×(1 + 0.04) × (12/12)

Common shares on January 1 to December 31 = 600,000 × 1.04 ×1

Common shares on January 1 to December 31 =624,000

 Second step is to compute common shares on February 28 to December 31

Common shares on February 28 to December 31 = 60,000 × (1 + 0.04) × (10/12)

Common shares on February 28 to December 31= 60,000 ×1.04 × (10/12)

Common shares on February 28 to December 31= 52,000

Third step is to compute number of repurchased shares on July 1 to December 31  

Number of repurchased shares on July 1 to December 31 = 2,000 × (6/12)

Number of repurchased shares on July 1 to December 31 = 1,000

Fourth step is to compute number of weighted shares

Number of weighted shares=624,000 + 52,000- 1,000

Number of weighted shares= 675,000

Fifth step is to compute the earning per share

Earnings per share = (Net income - Preferred dividend) / Number of weighted shares

Earnings per share= ($2,100,000 - $75,000) / 675,000

Earnings per share= $2,025,000 / 675,000

Earnings per share=$3 per share

Inconclusion Dowâs earnings per share for the year ended December 31, 2016 is $3 per share.

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Which employee is most likely to have a pension plan?
A. A food bank volunteer
B. A family physician
C. A public school teacher
D. A part-time food server

Answers

A public school teacher is most likely to have a pension plan. Option C is correct.

What Exactly Is a Pension Plan?

A pension plan is an employee benefit in which the company pledges to making monthly contributions to a pool of money put aside to finance payments to qualified employees once they retire.

Underfunding, mismanagement, insolvency, and legal exclusions are all possibilities that might jeopardize the pension. There are laws in place to safeguard you in such situations, but some are more effective than others.

Therefore, option C is correct.

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Lexie also wishes to contact people or organizations as referees for job candidates to fill strategic positions in the organizations. Discuss two to three limitations of referee reports placed on management or organizations for job candidates. How do organizations cope with this burden?

Answers

Two or three limitations of reports from arbitrators placed in management or organizations for job applicants could be bias toward the candidate or lack of sufficient information about the attributes the organization wants to know about the potential candidate.

Organizations address this burden by seeking greater reference from the candidate through their posture and past decisions, in addition to conducting a more structured interview process to fill the gap in an arbitrator report.

An organization that will hire employees to fill strategic positions knows that this is a more sensitive process, as these positions require greater accountability and reliability.

Therefore, it is necessary to investigate the candidate's career and carry out a more structured selection process to choose an employee with the profile most aligned with the organization.

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Sharon is part of a software engineering team. Her task is to develop a diagnostic program for the medical profession. This is a very complex task. What type of communication structure would work best for her group?
a. Linear
b. Centralized
✔ c. Decentralized
d. Focused
e. All of these

Answers

Answer:

Focus

Explanation:

if she is focus she will achieve it

Chase Company owns 80% of Lawrence Company and 40% of Ross Company. Lawrence Company also owns 30% of Ross Company. Separate operating incomes for 2011 of Chase, Lawrence, and Ross are $450,000, $300,000, and $250,000, respectively. Each company also retains a $20,000 unrealized gain in their current income figures. Annual amortization expense of $15,000 is assigned to Chase's investment in Lawrence and another $15,000 is assigned to Lawrence's investment in Ross. Compute the noncontrolling interest in Ross' net income for 2011. $92,000. $77,400. $75,000. $64,500. $69,000.

Answers

The non-controlling interest in Ross Company's 2011 net income is A. $92,000.

Data and Calculations:

Chase Company's shareholding in Lawrence Company = 80%

Chase Company's shareholding in Ross Company = 40%

Lawrence Company's shareholding in Ross Company = 30%

                                                    Chase       Lawrence      Rose

Operating incomes for 2011   $450,000    $300,000  $250,000

Unrealized gain                           20,000        20,000       20,000

Annual amortization expense                          15,000       (15,000)

Therefore, Chase Company's shareholding in Ross Company = 64% (40% + 80% x 30%).

And Ross' non-controlling interest = 36% (100% - 64%)

= $92,000 ($250,000 + $20,000 - $15,000) x 36%

Thus, the non-controlling interest in Ross Company's 2011 net income is A. $92,000.

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alalakjmi >>
ehsnn ajakj akjlskj sajlklk sa

Answers

Answer:

Hi there what is your question

hope you have an awesome day

Explanation:

Use your knowledge of the roles people assume on teams to complete the sentence.

As the team works together, Carol plays a ______________________, diffusing conflicts and helping everyone feel welcome to contribute ideas.

a. technology manager role
b. task specialist role
c. diversity manager role
d. socioemotional role

Answers

Answer:

d. socioemotional role

Explanation:

As the team works together, Carol plays a socioemotional role, diffusing conflicts and helping everyone feel welcome to contribute ideas.

Answer:

Carol is playing the socioemotional role of the team

Explanation:

An event management company is considering the position of head of customer relations. Among the group leaders, Ms Hoa Mr Lam are the two leaders with the most outstanding achievements. Mr Hoa is an agile and active person who has extensive relationships with customers and event organizers. Lam specializes in visual and decorative sound. This is the core cox value of the company. Director Hung is considering choosing one of those two candidates to be the head of sales and customer relations department. According to your group, which candidate should Mr. Hung choose and explain?
race for a solution
presents the reasons for choosing the solution and the possible problems of conflict between two candidates, how the company will resolve the conflict.

Answers

Answer:

ms Hoa

Explanation:

Ms Hoashould be chosen because she is an agile active person who has extensive relationships with customers and because the company is looking for a person to head the customer relations department she is better candidate than mr Lam

Answer:

Mr Hoa is an agile and active person who has extensive relationships with customers and event organizers. This guy is the one to choose. He has all what is needed to be the of head of customer relations.

Lam specializes in visual and decorative sound. This is the core cox value of the company. Yeah, but he has no experience with relationships with customers. He should be Mr Hoa's right hand because he has the technical skills, but not the head of customer relations.

The appropriate section in the statement of cash flows for reporting the purchase of land in exchange for common stock is: Multiple Choice Operating activities. Financing activities. Investing activities. In a note to the statement or in a separate schedule. Reconciliation of cash balance.

Answers

The purchase of land in exchange for common stock should be adequately reported in cash flows statement through the Schedule of Non-cash investing or financing activity.

Basically, the non-cash investing and financing activities entails use of some financial tools (not cash) to make an investment or purchase.

The examples of transaction reported as non-cash investing and financing activities is  taking out of loan or signing a note payable.

In conclusion, the purchase of land in exchange for common stock should be reported in the schedule of Non-cash investing or financing activity.

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Lopez Company is considering replacing one of its old manufacturing machines. The old machine has a book value of $47,000 and a remaining useful life of five years. It can be sold now for $57,000. Variable manufacturing costs are $47,000 per year for this old machine. Information on two alternative replacement machines follows. The expected useful life of each replacement machine is five years.
Machine A Machine B
Purchase price$ 118,000$ 131,000
Variable manufacturing costs per year21,000 14,000
(a) Compute the income increase or decrease from replacing the old machine with Machine A.
(b) Compute the income increase or decrease from replacing the old machine with Machine B.
(c) Should Lopez keep or replace its old machine

Answers

a) The income increase from replacing the old machine with Machine A is $21,800 ($56,400 - $44,600 + $10,000).

b) The income increase from replacing the old machine with Machine B is $26,200 ($56,400 - $40,200 + $10,000).

c) The Lopez Company should replace its old machine, preferably with Machine B.

Data and Calculations:

Current selling price =$57,000

Gain from the sale of old machine = $10,000 ($57,000 - $47,000)

                                                  Old Machine    Machine A     Machine B

Book value                                     $47,000

Purchase price                                                    $118,000        $131,000

Variable manufacturing costs        47,000           21,000            14,000

Estimated remaining useful life    5 years           5 years          5 years

Fixed costs per year                      $9,400        $23,600        $26,200

Total costs (variable + fixed)       $56,400        $44,600        $40,200

Comparative income increase       $0                $11,800         $16,200

Total income increase                    $0               $21,800        $26,200 ($16,200 + $10,000)

Thus, it is economically better for Lopez to sell its old machine, replacing it with Machine B, which reduces the total costs per year.

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If all could be answered it would be great. I am a Teachers Assistant but wasn't there for her lesson so I unfortunately do not have access to the lesson. if these can be explained, I'd appreciate it! thank you.​

Answers

Answer: 1 to build positive connection with clients

              2 Handle the situation in a proper manner never break your position

              3 try and give step by step instruction in order resolve or overcome the issue

             4 same deal just a communitive walk through for the customer so it easy to understand and comprehend  

               5 stress is tough i admit but there are was to prohibit this. such as do one thing at once staying focused and never break out of the work force habitat so to say

Explanation:

The nature of intellectual property laws and how they are enforced is one aspect of a country's _____.

Answers

The aspect of a country making some changes to its intellectual property laws and how they are enforced is based on the:

B. Regulatory practices  

According to the given question, we are asked to state the aspect of a country making some changes to its intellectual property laws and how they are enforced,

As a result of this, we can see that regulatory practices are those things which a country or an organisation does so that some aspects of its functioning system is controlled. With this in mind, we can see that adjusting property laws is an example of a regulatory practise.

Therefore, the correct answer is option C

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In some cases, individuals who start a business have special voting rights that help them exercise more control over the firm. They own a special class of stock called

Answers

individuals that have special voting rights owns a special class of stock called classified stock.

The classified stock refers to class of common stock that comes with special privileges like dividend rights or enhanced voting rights.

Usually, these stock are issued/owned by individual that started or co-start the business.

The classified stock is used to ensure the company's founders maintain its control over the establish company even without owning the majority of the common stock.

Therefore, the individuals that have special voting rights owns a special class of stock called the classified stock.

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The NYSE is an example of a(n) _______________ exchange while NASDAQ is an example of a(an) __________________ market. Organized; over-the-counter Broker; dealer Electronic; private Private; public

Answers

Considering the functions and operations of the organizations, The NYSE is an example of a(n) Organized exchange while NASDAQ is an example of a(an) Over the Counter market.

NYSE is an acronym for the New York Stock Exchange. It is generally considered the most significant capital market in the world, with over $30 trillion. Its stock market is deemed to be stable. It is also known as a designated market.

On the other hand, NASDAQ is an acronym for National Association of Securities Dealers Automated Quotations. However, its stock market is considered to be volatile. It is also a dealer market

Hence, in this case, it is concluded that the correct answer is option A. "Organized; over-the-counter."

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Black Diamond Company produces snowboards. Each snowboard requires 2 pounds of carbon fiber. Management reports that 5,000 snowboards and 6,000 pounds of carbon fiber are in inventory at the beginning of the third quarter, and that 150,000 snowboards are budgeted to be sold during the third quarter. Management wants to end the third quarter with 3,500 snowboards and 4,000 pounds of carbon fiber in inventory. Carbon fiber costs $15 per pound. Each snowboard requires 0.5 hour of direct labor at $20 per hour. Variable overhead is budgeted at the rate of $8 per direct labor hour. The company budgets fixed overhead of $1,782,000 for the quarter. Required: 1. Prepare the production budget for the third quarter. Hint: Desired ending inventory units are given.

Answers

1.Based on the information given the production budget for the third quarter is 148,500.

2. Budgeted cost of direct material purchases is 4,425,000.

3. Budgeted Direct labor cost is $1,485,000.

4. Total  factory overhead is $2,376,000.

1. Budgeted production

BLACK DIAMOND COMPANY

Production Budget (in units) Third Quarter

Budgeted units sales 150,000  

Add: Budgeted ending inventory 3,500  

Less: Budgeted beginning inventory (5,000)

Budgeted production 148,500

2. Direct material budget

BLACK DIAMOND COMPANY  

Direct Materials Budget Third Quarter  

Budgeted production  148,500 units

Materials requirement per unit 2  

Materials needed for production 297,000

(148,500units×2)

Budgeted ending inventory 4,000  

Total material requirements(lbs.) 301,000

(297,000+4,000)

Budgeted beginning inventory 6000  

Direct Materials to be purchased (lbs.) 295,000

(301,000-6,000)

Materials price per pound 15.00per  

Budgeted cost of direct material purchases 4,425,000

(295,000×15 per)

3. Direct labor budget

BLACK DIAMOND COMPANY  

Direct labor  Budget Third Quarter

Budgeted Production             148,500

Budgeted Direct labor hours  74,250

(148,500×0.5)      

Budgeted Direct labor cost  $1,485,000

(74,250×$20)  

4. Factory overhead budget

BLACK DIAMOND COMPANY  

Factory Overhead Budget Third Quarter

Variable overhead                    $594,000

(74,250×$8)

Add Fixed overhead                $1,782,000

Total  factory overhead           $2,376,000

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