Kolton S.
Current University student who has mastered several subjects.
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Economics
TutorMe
Question:
What is the result to demand if we see an increase in supply?
Kolton S.
Answer:
There is no effect, supply does not directly affect demand, the only effect is on the quantity demanded, which would decrease.
Finance
TutorMe
Question:
What are some typical careers in the finance industry?
Kolton S.
Answer:
Investment banking, corporate finance, private equity.
Accounting
TutorMe
Question:
If assets increase and liabilities decrease by an equal amount, what is the corresponding result of equity?
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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