Bramble corporation is a small wholesaler of gourmet food products. data regarding the store's operations follow: sales are budgeted at $280,000 for november, $260,000 for december, and $250,000 for january. collections are expected to be 45% in the month of sale and 55% in the month following the sale. the cost of goods sold is 80% of sales. the company would like to maintain ending merchandise inventories equal to 70% of the next month's cost of goods sold. payment for merchandise is made in the month following the purchase. other monthly expenses to be paid in cash are $23,400. monthly depreciation is $14,400. ignore taxes. balance sheet october 31 assets cash $ 21,800 accounts receivable 71,800 merchandise inventory 156,800 property, plant and equipment, net of $573,800 accumulated depreciation 1,095,800 total assets $ 1,346,200 liabilities and stockholders' equity accounts payable $ 255,800 common stock 821,800 retained earnings 268,600 total liabilities and stockholders' equity $ 1,346,200 the cost of december merchandise purchases would be:

The market price of cheeseburgers in a college town increased recently, and the students in an economics class are debating the cause of the price increase. some students suggest that the price increased because the price of beef, an important ingredient for making cheeseburgers, has increased. other students attribute the increase in the price of cheeseburgers to a recent increase in college student enrollment.1. the first group of students thinks the increase in the price of cheeseburgers is due to the fact that the price of beef, an important ingredient for making cheeseburgers, has increased. (what happened to demand and supply, shift to the right or left)2. the second group of students attributes the increase in the price of cheeseburgers to the increase in college student enrollment. (what happens to demand and supply, shift to the right or left)3. suppose that both of the events you analyzed above are partly responsible for the increase in the price of cheeseburgers. based on your analysis of the explanations offered by the two groups of students, how would you figure out which of the possible causes was the dominant cause of the increase in the price of cheeseburgers? (choose a, b,c, or d)a)if the price increase was small, then the supply shift in the market for cheeseburgers must have been larger than the demand shift.b)if the equilibrium quantity of cheeseburgers decreases, then the demand shift in the market for cheeseburgers must have been larger than the supply shift.c)if the equilibrium quantity of cheeseburgers decreases, then the supply shift in the market for cheeseburgers must have been larger than the demand shift.d)whichever change occurred first must have been the primary cause of the change in the price of cheeseburgers.

Why is efficiency an important economic goal?

Taking commercial paper means the holder acts honestly