Assume Logan agrees on September 5 to sell 100 units of wooden chairs to a furniture shop, to be delivered on December 10 for $50 per unit. However, Logan refuses to deliver the contracted chairs because the market price on December 10 was $80 per unit. If true, the furniture shop can recover _______ in damages from Logan.Multiple choice question.$1000$3000$50$80

Consumers will buy 1,700 chairs if the price is $200. If the price is $100, they will be able to afford to buy more. So, they would buy 2,800 chairs. What is the quantity of chairs demanded at $200?

William wants to buy a new sofa for his parents. A sofa being sold at shop A has a price of $2750, which is 45% cheaper than the price of the same sofa at shop B. During a promotion the sofa is sold at a 15% discount at shop B. What is the discounted price of the sofa at shop B?

Ethan went to buy furniture with his parents for their new house. A table and 5 chairs cost $558. The table cost 4 times as much as a chair. Find the cost of the table.

Jacob went to buy furniture with his parents for their new house. A table and 3 chairs cost $525. The table cost 4 times as much as a chair. Find the cost of the table.

A furniture company using accrual accounting purchased 20 sofas in November 2011. In December 2011, 8 of the 20 sofas were sold to customers. The customers all signed contracts agreeing to pay half the amount owed in February 2012 and the remaining half in March 2012. At the time of sale, the company was reasonably sure the customers would pay the amount owed.The furniture company pays its salespeople a commission on each sofa sold, with commissions for December 2011 sales paid in January 2012.The furniture company paid $3,000 for advertising that ran in the local newspaper in November 2011.In which month should advertising costs be expensed? February 2012 January 2012 December 2011 November 2011