The demand for grapes is represented by the equation Qd = 40minus2P and supply is represented by the equation Qs = 2P. Equilibrium in the market for grapes occurs where the price is and the quantity is . A. $20; 10 B. $20; 40 C. $10; 20 Your answer is correct. D. $15; 5 The government decides to raise revenue by taxing consumers $4 for every box of grapes purchased. As a result of this tax, the quantity of grapes sold in the market will be: A. 24 B. 26 C. 8 D. 16 Your answer is correct. By how much does total surplus fall as a result of the $4 tax? A. Total surplus falls by $32 as a result of the tax B. Total surplus falls by $8 as a result of the tax C. Total surplus falls by $72 as a result of the tax D. Total surplus falls by $85 as a result of the tax

The dollar value generated over decades of customer loyalty to your company is known as brand equity. viability. sustainability. luck.

Which of the following differentiates cost accounting and financial accounting? a. the primary users of cost accounting are the investors, whereas the primary users of financial accounting are the managers. b. cost accounting measures only the financial information related to the costs of acquiring fixed assets in an organization, whereas financial accounting measures financial and nonfinancial information of a company's business transactions. c. cost accounting measures information related to the costs of acquiring or using resources in an organization, whereas financial accounting measures a financial position of a company to investors, banks, and external parties. d. cost accounting deals with product design, production, and marketing strategies, whereas financial accounting deals mainly with pricing of the products.

Frolic corporation has budgeted sales and production over the next quarter as follows. the company has 4100 units of product on hand at july 1. 10% of the next months sales in units should be on hand at the end of each month. october sales are expected to be 72000 units. budgeted sales for september would be: july august september sales in units 41,500 53,500 ? production in units 45,700 53,800 58,150