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Tutor profile: Kolton S.

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Kolton S.
Current University student who has mastered several subjects.
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Questions

Subject: Economics

TutorMe
Question:

What is the result to demand if we see an increase in supply?

Inactive
Kolton S.
Answer:

There is no effect, supply does not directly affect demand, the only effect is on the quantity demanded, which would decrease.

Subject: Finance

TutorMe
Question:

What are some typical careers in the finance industry?

Inactive
Kolton S.
Answer:

Investment banking, corporate finance, private equity.

Subject: Accounting

TutorMe
Question:

If assets increase and liabilities decrease by an equal amount, what is the corresponding result of equity?

Inactive
Kolton S.
Answer:

Equity would not be affected due to the fact that Assets equal liabilities plus equity, so the assets and liabilities equal each other out and equity remains unchanged.

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