During 2019 the barker company had a net income of $75,000. below is information taken from barker’s last two balance sheets: 2018 2019 accounts receivable (all current) 51,000 54,000 long-term accounts receivable 10,000 0 accounts payable (all current) 3,000 4,000 land 100,000 96,000 equipment 50,000 50,000 accumulated depreciation, equipment 3,500 5,000 common stock 4,200 12,200 additional information for 2019: 1. long-term notes receivable related to a loan barker made to another business entity in the amount of $10,000 were paid back in cash before maturity. 2. barker sold a piece of land at a $500 gain. no other land was purchased during the period. 3. dividends in the amount of $2,000 were paid during the year. what was the amount of cash provided by operating activities for 2019?

1. all other things equal, according to the law of demand, when the price of a good falls, the demand for the good falls the demand for the good rises the quantity demanded of the good falls the quantity demanded of the good rises 2. when a market is in equilibrium, the quantity of the good that buyers are willing and able to buy exactly equals the quantity that sellers are willing and able to sell cannot be determined is less than the quantity that sellers are willing and able to sell is greater than the quantity that sellers are willing and able to sell 3. which of the following factors does not influence the demand for a good or service? consumer (buyer) income the price of related goods the number of sellers buyer expectations 4. when the number of sellers in a market increases, demand rises supply rises the price rises, all else equal the number of buyers falls

Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. question 1 options: true false

Suppose that two firms produce differentiated products and compete in prices. as in class, the two firms are located at two ends of a line one mile apart. consumers are evenly distributed along the line. the firms have identical marginal cost, $60. firm b produces a product with value $110 to consumers.firm a (located at 0 on the unit line) produces a higher quality product with value $120 to consumers. the cost of travel are directly related to the distance a consumer travels to purchase a good. if a consumerhas to travel a mile to purchase a good, the incur a cost of $20. if they have to travel x fraction of a mile, they incur a cost of $20x. (a) write down the expressions for how much a consumer at location d would value the products sold by firms a and b, if they set prices p_{a} and p_{b} ? (b) based on your expressions in (a), how much will be demanded from each firm if prices p_{a} and p_{b} are set? (c) what are the nash equilibrium prices?