The price that Apple will charge in the US is $6,000,500. The price that Apple will charge in Canada is $2,000,250
Cost of iPhone = $500Demand in Canada, Qc = 2,000,000 − 1,000PDemand in the US, Qu = 6,000,000 − 2,000PWe know that a monopolist faces a linear demand of the form Q = a – bP and produces at a constant marginal cost c, it will maximize profit by charging a price `Pm = a+bc/2b`.
At that price, it will sell a quantity `Qm = a−bc/2`.If Apple can maintain the separation between the two markets,What price will it charge in Canada?In Canada, the demand function is Qc = 2,000,000 − 1,000P.Using the formula of the monopolist,`Pm = a + bc/2b`Here, a = 2,000,000, b = 1,000 and c = 500Now, `Pm = 2,000,000 + 1,000 × 500 / 2 × 1,000``Pm = 2,000,000 + 250``Pm = 2,000,250`Therefore, the price that Apple will charge in Canada is $2,000,250.
What price will it charge in the U.S.? In the US, the demand function is Qu = 6,000,000 − 2,000P.Using the formula of the monopolist,`Pm = a + bc/2b`Here, a = 6,000,000, b = 2,000 and c = 500Now, `Pm = 6,000,000 + 2,000 × 500 / 2 × 2,000``Pm = 6,000,000 + 500``Pm = 6,000,500`Therefore, the price that Apple will charge in the US is $6,000,500.
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distinguish between capital intensive and labour intensive
answer:
capital intensive
— industries require a greater amount of machinery to produce the product
labour intensive
— product requires a larger amount of human labor to bring it off
explanation:
ex:
capital intensive
— telecommunications, airlines, automobile manufacturing, oil production
labour intensive
— food service, hospitality, public education, agriculture
credits: online search!
Explain an Argument In the section "Consequences of Ending Rent Control," you read that most economists argue that the benefits of ending rent control exceed the costs. Do you agree? Why or why not?
Answer:
Disagree Option
Explanation:
Setting prices ceilings on rent can cause the balance in supply and demand to fall short of each other. For example, let's say the equilibrium for supply and demand was 5 apartments for $100 a month and that the supply at $100 was 5 apartments. If you created a price ceiling at $90, this would cause a greater demand but less of a supply generating an apartment shortage.
lauren satterly opened a medical practice. during july, the first month of operation, the business, titled lauren satterly, md, experienced the following events:
Lauren Satterly, MD, experienced several events during the first month of operation at her medical practice in July.
What were the events that occurred during the first month of operation at Lauren Satterly, MD's medical practice in July?During the first month of operation in July, several events took place at Lauren Satterly, MD's medical practice. It is important to note and understand these events in order to analyze the business's progress and potential challenges.
1. Patient Appointments: Lauren Satterly, MD, likely scheduled and conducted patient appointments throughout the month. These appointments could include routine check-ups, consultations, or follow-ups.
2. New Patient Registrations: The medical practice may have received registrations from new patients who sought medical services during July. This indicates the growth of the practice's patient base.
3. Medical Procedures: Lauren Satterly, MD, possibly performed various medical procedures during the month. These could range from minor treatments to more complex surgeries, depending on the nature of her practice.
4. Billing and Payments: The medical practice would have handled billing procedures, including generating invoices for services provided and receiving payments from patients or insurance providers.
5. Operational Expenses: Throughout July, the medical practice would have incurred operational expenses, such as rent, utilities, medical supplies, and staff salaries.
6. Administrative Tasks: Lauren Satterly, MD, and her staff likely managed administrative tasks like maintaining patient records, scheduling appointments, and managing communication with patients and other healthcare professionals.
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Skyscraper City has a subway system, for which a one-way fare is $1.50. There is pressure on the mayor to reduce the fare by one-third, to $1.00. The mayor is dismayed, thinking that this will mean Skyscraper City is losing one-third of its revenue from sales of subway tickets. The mayor's economic adviser reminds her that she is focusing only on the price effect and ignoring the quantity effect. a. While the fare decline will negatively affect city revenue through the effect, it will positively affect city revenue through the effect. The overall effect on revenue will be positive if b. In the diagram, shade the areas representing the price effect and the area representing the quantity effect, given a fall in the subway fare from $1.50 to $1.00. 2.0 Price effect Quantity effect 1.5 Ticket price 1.0 0.5 D 0.0 0 MR 500 1,000 Number of subway rides 1,500 2,000 c. It is evident from the diagram that in this case, revenue doesn't change, since the price effect and quantity effect cancel out. revenue falls by a third, as the mayor feared. revenue rises, since the quantity effect dominates the price effect revenue falls (though by less than a third), since the price effect dominates the quantity effect.
The overall effect of reducing the subway fare in Skyscraper City will be positive, as the quantity effect offsets the price effect, meaning revenue doesn't change.
When the mayor reduces the subway fare from $1.50 to $1.00, there are two effects on city revenue: the price effect and the quantity effect. The price effect considers the change in revenue due to the decrease in ticket price, while the quantity effect considers the change in revenue due to the increase in the number of subway rides.
In this case, the economic adviser suggests that the quantity effect will offset the price effect. As the fare decreases, it becomes more affordable, leading to an increase in demand for subway rides. The increased quantity of rides can compensate for the lower price, resulting in an overall positive effect on revenue.
The diagram provided further supports this explanation. The shaded area representing the price effect shows the revenue decrease caused by the lower fare, while the shaded area representing the quantity effect shows the revenue increase due to the higher number of subway rides. The diagram indicates that these two effects cancel each other out, resulting in no change in revenue.
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Determining Cost of Goods Sold For a recent year, Best Buy (BBY) reported sales of $39,528 million. Its gross profit was $9,191 million. What was the amount of Best Buy's cost of goods sold
Answer:
30,337 million
Explanation:
sales-cost of goods sold = gross profit
(in millions)
(x= COGS)
39528-x=9191
x=30,337
what is the term that slaves used for the voyage across the atlantic?
Hey! Your answer is " Middle Passage " :)
The term that slaves used for voyage across the Atlantic is Middle passage.
What is Middle Passage?Between 15th to mid-19th century million of American men, women and children made a voyage from Africa to newly made great Britain Netherlands etc that time the enslaved Africans close the Atlantic Ocean to the new world that was a force move named as middle passage . It was a part of a triangular trade route which used for the trade of goods such as cotton grass knives etc from Europe to Africa as African workers are working as slaves in America and West Indies.
What is First Passage?
The first Passage is the first part of the triangle trade route in this Africans were forced to leave their inland home where where they were captured by the tribes and shipped to port where they were imprisoned until they were loaded onto a ship and sold.
What is Final Passage?
The third and the last step was the final passage where the journey from the port in America was finished after reaching the destination where they were allotted the work. The middle passage across the Atlantic joined these both passages.
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which of the following factors are likely to strengthen a diverse family?
1. Family using their gadgets during breakfast
2. Family playing in the park
3. Mother busy on her laptop ignoring her daughter
4. Farther explaining family traditions to son
Answer:
Explanation:
For all Plato users
please help me,its economics, what is the other for real GDP and nominal GDP
Answer:
The main difference between nominal GDP and real GDP is the adjustment for inflation. Since nominal GDP is calculated using current prices, it does not require any adjustments for inflation. ... Using a GDP price deflator, real GDP reflects GDP on a per quantity basis.
How many feet are in 400 meters? (Full Sentence Response) Again... I know I asked this the last time, but you can handle it! *
Which of the following could keep a company from increasing production
when price rises for their products ?
A) abundance of available workers
B( shortage of input materials
C) shortage of advertising
D) profit motive
Answer:
I think it would be B
Explanation:
if you don't have enough resources to produce something, then you cant produce it
Complete the following sentence. Remember to spell correctly.
The market is in ___
until the price of goods reflects equal supply and demand.
Valley Technology had Net Income for 2021 of $9,600,000. The firm invested $5,000,000 in manufacturing equipment during 2020 but made no additional capital investments in 2021. The equipment is being depreciated over five years using straight-line depreciation, starting in 2020. Assuming no other adjustments to cash flow than those mentioned here, create a statement of cash flows for 2021 with amounts in thousands. What is the Net Cash Flow in 2021
If Valley Technology had Net Income for 2021 of $9,600,000. The Net Cash Flow in 2021 is:$5,600,000.
Net cash flowCash Flow from Operating ActivitiesValley Technology Statement of Cash Flows For the year ended 2021
Cash Flow from Operating Activities:
Net Income $9,600,000
Add Depreciation Expense $1,000,000
($5,000,000/5)
Net Cash provided (used) by operating activities: $10,600,000
Cash Flow from Investing Activities:
Purchase of manufacturing equipment -$5,000,000
Net Cash provided (used) in Investing activities -$5,000,000
Cash Flow from Financing Activities:$0
Net cash flow in 2021 $5,600,000
Therefore If Valley Technology had Net Income for 2021 of $9,600,000. The Net Cash Flow in 2021 is:$5,600,000
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There are things that will disqualify a person from police service. Drug use beyond "experimentation" will likely disqualify a person. Which best describes "experimentation" by hiring standards?
Using heroin once after the age of 21.
Using marijuana less than 10 times as a teenager.
Using marijuana on weekends after age 21.
Using another person's prescription drugs for recreation.
Answer: Using heroin once after the age of 21
Explanation:
I did a quick look up and I belive this is the answer. Hope it helps
Suppose GDP increases more in the United States than it does in India. What is the short-run impact of this change in GDP on U.S. net exports, the value of the U.S. dollar, and the value of the Indian rupee?
Net Exports / U.S. dollar / Indian rupee
Increase / Appreciate / Depreciate
Decrease / Appreciate / Depreciate
Decrease / Depreciate / Appreciate
Increase / Depreciate / Appreciate
Increase / Depreciate / Depreciate
Treasury spot interest rates are as follows: Maturity (years) 1 2 3 4 Spot rate (EAR) 1.4% 2.8% 3.6% 4.5% What is the price of a risk-free zero-coupon bond with 3 years to maturity and a face value of $1,000 (in $)? (answer,0+ decimals)
Answer: $868
Explanation:
Given the following :
Maturity (years) - - - - - - 1 - - 2 - - - 3 - - - 4
Spot rate (EAR) - - - - 1.4% - 2.8% - 3.6% - - 4.5%
What is the price of a risk-free zero-coupon bond with 3 years to maturity and a face value of $1,000 (in $)?
Face value / ( 1 + spot rate)^p+1
Where P = year
=1000/(1+3.6%)^4
1000 / ( 1 + 0.036)^4
1000/(1.036)^4
1000/1.151964303616
=$868.08245
an insurance company is sued for breach of contract. at the end of the trial, the trial judge issues a judgement n.o.v. (notwithstanding the verdict). what does that mean
The specific legal procedures and standards for granting a judgment n.o.v. may vary depending on the jurisdiction and the applicable laws.
When a trial judge issues a judgment n.o.v. (notwithstanding the verdict), it means that the judge is overturning the jury's verdict and entering a judgment in favor of the opposite party in the lawsuit. In other words, the judge is disregarding the jury's decision and making their own determination on the outcome of the case.
The judgment n.o.v. is typically granted when the judge believes that the jury's verdict was unreasonable or not supported by the evidence presented during the trial. It is a way for the judge to correct what they perceive as a mistake in the jury's decision.
In the context of an insurance company being sued for breach of contract, if the trial judge issues a judgment n.o.v., it means that the judge is ruling in favor of the party suing the insurance company and overturning the jury's verdict, potentially awarding damages or other remedies to the plaintiff.
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Producers use resources to make things that are needed by others.
a. True
b. False
producing social media goals that reflect the overall goals of the organization describes which strategic consideration in social media development?
setting social media goals that are consistent with the organization's broader aims defines strategic considerations for alignment in the growth of social media.
The decisions and commitments we make to reach our aims, break bad habits, develop good ones, or improve our performance in numerous goals facets of life are known as goals.
Goals aid us in determining what we want in life by assisting us in doing so. They constantly maintain an active state in us, inspiring and alignment motivating us.
Goals can help us make the most of the one and only life we have if they goals are set up properly and pursued.
Goals can relate to a variety of facets of our lives in addition to being alignment time-bound. Goals for family and relationships, as well as those for social, goals spiritual, professional, educational, and health goals, are examples of life-based objectives.
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thomas newton has built his career selling livestock at auction. as a supporter of the newly elected president, he has been offered a job in the department of transportation even though he knows little about transportatiohn issues. what is this an example of?
The beginning of the Civil War, the expansion of the federal bureaucracy, an amendment to the Constitution, and the election of President John Adams
By appointing the heads of the fifteen cabinet departments and many independent executive agencies, including the CIA, EPA, and Federal Bureau of Investigation, the president exerts direct control over the bureaucracies. The Senate must approve these appointments to the cabinet and agencies.
What is a nonprofit organization?
Independent Agencies operate independently of the presidency and are not part of the executive branch. Most of the time, Congress created them to deal with issues that have become too complicated for standard legislation to handle.
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Describe at least four ways you can take money out of a checking account. (1-4 sentences. 2.0 points)
Answer:
write a check, use an ATM, fill out a withdrawal slip and take it into the bank
Barbara has $70.00 in her pocket and a $20 gift card. Which purchase will she be able to make without having to use her credit card?
A a portable radio for $65.95 and speakers for $29.99
B five books for $18.95 each
C headphones for $25.99 and eight CDs for 8.99 each
D six puzzles for $11.99 each and a board game for $15.89
edeg 2022
The answer is: six puzzles for $11.99 each and a board game for $15.89
The amount of money that Barbara has: $ 70.00
The amount of Gift Card that barbara has: $ 20.00
This mean that maximum amount of product that Barbara could purchase: $ 70 + $ 20 = $ 90
From the option above the only purchase that is not surpassing $ 90 is six puzzles for $11.99 each and a board game for $15.89
6 x $ 11. 99 = $ 71.94
1 x $ 15.89 = $. 15.89
Total purchase = $ 87.83
Why’s are payroll withholding and estimated tax useful
Answer:
it is actually "They make sure people aren't surprised by how much they owe for the year all at once." i just took the quiz
Explanation:
Olivia makes beautiful pottery and wants to be able to sell it, but she does not know where to advertise or which pieces would be most appealing to a buyer. Olivia needs to find someone in the Marketing Research pathway of the Marketing, Sales, and Service career cluster to help her.
A.
True
B.
False
Answer:
A is true jssisisblaoausmsmsksk
The Answer is: A. True
Do the Math The general ledger for Reese Delivery Service contains the following account balances:
Cash in Bank $ 8,000
Supplies $200
Delivery Equipment ?
Ed Reese, Capital $16,200
Delivery Income ?
Using the following clues, determine the balances of the Delivery Equipment account and the Delivery Income account:
Total debits equal $24,200.
The balance of the Delivery Income account is one-half the balance of the Delivery Equipment account.
In the general ledger for Reese Delivery Service contains the following account balances: Delivery Equipment is $16000 and Delivery Income is $8000.
What do you mean by the Delivery Income?The teams, systems, and procedures in charge of receiving payments from your clients and converting them into income for your company make up your revenue delivery infrastructure.
The act of transmitting a good, money, security, cash, or other item that is the subject of a contract is referred to as "delivery" in the financial markets.
Here,
Total assets = $24,200.
Calculation of delivery equipment and income:
Total Assets = cash in bank + supplies + delivery equipment
$24200 = $8000 + 200 + delivery equipment
$24200 = $8200 + delivery equipment
Delivery Equipment = $24200 − $8200
Delivery Equipment = $16000
Delivery Income = 1/2 × $16000
Delivery Income = $8000
Therefore, in the general ledger for Reese Delivery Service contains the following account balances: Delivery Equipment is $16000 and Delivery Income is $8000.
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CASE 22 - ROCKY MOUNTAIN CHOCOLATE FACTORY, INC. (2008)
1. Using Porter’s approach to industry analysis, analyze various competitive forces and discuss
whether/how strongly they are contributing to the competitive pressure faced by the company.
2. Does Rocky Mountain Chocolate have a sustainable strategy? Explain.
3. What are the keys to success in Rocky Mountain Chocolate?
4. Identify the major problems (if any) for the company. What strategic recommendations would
you make to the top management? Would the company be able to implement them? Explain
Rocky Mountain Chocolate Factory faces competitive pressures; must differentiate, adapt, and maintain loyalty.
Porter's Five Forces analysis highlights the competitive pressures faced by Rocky Mountain Chocolate Factory. The threat of new entrants exists due to low barriers to entry in the confectionery industry. The bargaining power of buyers is significant, as customers have a wide range of choices and can easily switch to alternative brands.
The bargaining power of suppliers may vary, but the company's reliance on quality ingredients and efficient supply chains can influence this force. The threat of substitute products, such as other confectioneries or healthier snack options, poses a challenge.
The intensity of competitive rivalry is high, with numerous competitors vying for market share.
Rocky Mountain Chocolate Factory's sustainable strategy lies in its ability to differentiate its products through unique flavors, high-quality ingredients, and handmade craftsmanship.
Building customer loyalty through a positive brand reputation and offering a memorable in-store experience is crucial. Additionally, adapting to changing market trends, such as healthier snack options, can help sustain the company's growth.
The keys to success for Rocky Mountain Chocolate Factory include maintaining product quality and consistency, expanding distribution channels, effective marketing and promotion, and fostering strong relationships with franchisees to ensure consistent customer experience across locations.
Major problems for the company include increasing competition, the need to adapt to changing consumer preferences, potential franchise-related challenges, and the need for innovation to stay relevant in the market.
Strategic recommendations for top management would include investing in product development and innovation, enhancing online and digital marketing efforts, expanding into untapped markets, and strengthening franchise support and training programs.
Implementing these recommendations may require dedicated resources, collaboration with franchisees, and a proactive approach to stay ahead in the competitive landscape.
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The symptoms of employee disengagement described in this video will likely lead to ______ if the manager does not step in to solve these problems.High turnoverequity theoryproductive behvaiors
Employee disengagement can lead to a variety of negative outcomes, such as high turnover, decreased productivity, and a lack of motivation among employees.
If the manager does not step in to solve these problems, the disengagement will likely continue and worsen. The Equity Theory states that employees are motivated when they perceive that they are being treated fairly in comparison to others. If employees feel that they are being treated unfairly in comparison to their colleagues, they will become disengaged and unmotivated.
Additionally, employees may develop negative behaviors, such as apathy or hostility, if their disengagement is left unchecked. Therefore, it is important for managers to identify the symptoms of employee disengagement and take steps to address them in order to foster a productive and motivated work environment.
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A company started the year with $10,000 of inventory. Purchases for resale during the year were $20,000. Inventory on December 31 is $5,000. What's the cost of goods sold?$5,000$10,000$25,000$30,000$35,000
The cost of goods sold is $25,000. This is calculated by taking the beginning inventory of $10,000 and adding the purchases made during the year ($20,000). Then, subtract the ending inventory of $5,000 from the total to get the cost of goods sold, which is $25,000.
What is inventory?Inventory is an itemized list of products, materials, or supplies held in stock by a business. It is also referred to as stock or store. Businesses use inventory to maintain enough stock to meet customer demand, meet seasonality, and to plan for future growth. Inventory is typically categorized as either raw materials, work-in-progress, or finished goods. In order to manage inventory effectively, businesses use inventory management software and other tools. This helps them to track, control, and report on their stock levels, as well as ensure that their costs and working capital are efficiently managed.
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The cost of goods sold is $25,000. This is calculated by taking the beginning inventory of $10,000 and adding the purchases made during the year ($20,000). Then, subtract the ending inventory of $5,000 from the total to get the cost of goods sold, which is $25,000.
What is inventory?Inventory is an itemized list of products, materials, or supplies held in stock by a business. It is also referred to as stock or store. Businesses use inventory to maintain enough stock to meet customer demand, meet seasonality, and to plan for future growth. Inventory is typically categorized as either raw materials, work-in-progress, or finished goods. In order to manage inventory effectively, businesses use inventory management software and other tools. This helps them to track, control, and report on their stock levels, as well as ensure that their costs and working capital are efficiently managed.
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Which resource management activity identifies and verifies?.
Answer:
different kinds of buisness vary
Explanation:
Matt is the curator at a large national museum. He researches and catalogs new art pieces that are submitted to the museum. What education might have been necessary for Matt to attain this position? O A. O B. O C. O D. high school diploma associate degree in performing arts bachelor's degree in art history doctorate in computer sciences
The best education for Matt to attain the position of curator at a large national museum is an Option C. bachelor's degree in art history.
A curator is a person who is in charge of the collection and display of artifacts in a museum. Curators are responsible for organizing exhibits, acquiring new collections, and keeping the existing ones in good shape, among other duties. The work of a curator demands a high degree of knowledge of the materials they handle, in addition to organizational skills and the ability to engage with the public.
Curators must typically hold a bachelor's degree in a field related to the collection they oversee. Art history, anthropology, or archaeology are popular majors for curators. Additionally, they should have experience in their particular field of expertise. Furthermore, many museums will require their curators to have a Master's degree or Ph.D. in their field or a related one. These degrees are obtained in specialized postgraduate degree programs, and they demonstrate a deeper understanding of the subject matter and a commitment to the field.
The education for Matt to attain this position would be a bachelor's degree in art history. Art history is the study of visual art throughout history. It is an academic discipline that combines cultural and historical perspectives to examine and understand visual art. In this field, you will learn about artists and their works, styles and movements, and the cultural contexts that surrounded them. This knowledge is critical to the work of curating art collections, and it will enable Matt to be efficient in his job. Therefore, the correct option is C.
The question was incomplete, Find the full content below:
Matt is the curator at a large national museum. He researches and catalogs new art pieces that are submitted to the museum. What education might have been necessary for Matt to attain this position?
A. high school diploma
B. associate degree in performing arts
C. bachelor's degree in art history
D. doctorate in computer sciences
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Met World Series ticket prices spike after NLCS win Now that the New York Mets are in baseball's World Series for the first time in 15 years, fans who don't have a ticket will pay a hefty $1,667.82 to get one. That's the average asking price for a resold ticket, which is the highest since World Series price-tracking started in 2010. Source: CNBC, October 22, 2015 Why is a $1,667.82 ticket price similar to "price gouging"? Is the high price an example of the market price method of allocating scarce resources? Is the market for tickets efficient? Is it fair?
Answer:
The answer is " It is exceptionally high and the product of an extraordinary event".
Explanation:
The Market value or the price is bouging to its result of many an unusual occurrence of certain request or supply shock or the price values the commodity is unexpectedly inaccessible. Its price increases to is the highly inefficient and sometimes unethical amount by its supplier, that's why its price will be increased.