Consider the market for peanut butter. if there is a decrease in the price of deli turkey slices (a substitute in consumption for peanut butter) along with a decrease in the price of peanut brittle (a substitute in production for peanut butter), the a. equilibrium price of peanut butter might rise or fall. b. equilibrium quantity of peanut butter definitely increases. c. equilibrium quantity of peanut definitely decreases. d. equilibrium price of peanut butter definitely rises. e. equilibrium price of peanut butter definitely falls.

According to the law of demand, there is an inverse relationship between price and quantity demanded. that is, the demand curve for goods and services slopes downward. why?

What is the state tax rate for a resident of arizona whose annual taxable income is $18,000?

Mae jong corp. issues $1,000,000 of 10% bonds payable which may be converted into 10,000 shares of $2 par value ordinary shares. the market rate of interest on similar bonds is 12%. interest is payable annually on december 31, and the bonds were issued for total proceeds of $1,000,000. in accounting for these bonds, mae jong corp. will: (a) first assign a value to the equity component, then determine the liability component. (b) assign no value to the equity component since the conversion privilege is not separable from the bond.(c) first assign a value to the liability component based on the face amount of the bond.(d) use the “with-and-without” method to value the compound instrument.