Refer to the Graphs

question 194

Multiple Choice

Refer to the graphs. Suppose a firm is currently producing 500 computers per week and charging a price of $1,000. What happens to the firm's inventory of computers if there is a negative demand
Shock and prices are flexible?

• A) The firm's inventories will not change.
• B) The firm's inventories will increase by 200 computers per week.
• C) The firm's inventories will decrease by 150 computers per week.
• D) The firm's inventories will increase by 350 computers per week.

Grasp the concept and implications of e-commerce in accounting.

Understand how computerized accounting systems enhance record-keeping and reporting.

Identify the structure and use of a purchases journal.

Recognize the functionality and benefits of computerized accounting systems over manual systems.

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