Tennis 20 Inc produces blenders. Based on the following, calculate the budgeted sales on account for June. Budgeted sales for May in units 4,000
Budgeted sales for June in units 4,500
Selling price per unit $150
Sales in cash 15%
Sales on account 85%

a. $600,000
b. $573,750
c. $487,688
d. $86,063

none

explanation:

we're are the selections to pick from?

answer; a set of mutual funds with similar risk characteristics to your mutual fund;

answer(b) equal; set period;

answer: in the short-run firms will respond by raising the price of turkey.

explanation: initially the long-run equilibrium is at a price of $5 per pound of turkey and a quantity of 50 million pounds per year. now, when webmd claims that a protein found in turkey will increase your expected lifespan by 4 years. the consumers demand for turkey will increase at every price shifting the demand curve to the right from d1 to d2. while, there will be no change in the supply curve in the short-run as it is not possible for producers to adjust supply so quickly. as a result the new equilibrium will occur at a higher price and a higher quantity of turkey.

thus, in the short run firms will respond by increasing the price of turkey, selling more quantity at a higher price and earning economic profits.