The demand and supply functions of Good X are:
QD = 110 – 2PX – 4PY + M
QS = 200 + 4PX – 2W
Currently, Py = 25, M = 330 and W = 140
a. At the market equilibrium price, what is the own price elasticity of demand for good x?
b. If consumers incomes decrease by 8 percent, by what percentage will the demand for good x change?
Answers
a) The equilibrium price is 195 dollars.
b) The percentage change in demand will be -6%.
a. At market equilibrium, the quantity demanded (QD) equals the quantity supplied (QS).
Therefore, QD = QS.110 - 2PX - 4PY + M = 200 + 4PX - 2W
Substituting the given values of Py = 25, M = 330 and W = 140 in the above equation;
we have:QD = 110 - 2PX - 4(25) + 330 = 200 + 4PX - 2(140)
Simplifying the above equation, we have:6PX = 1170PX = 195
b) The quantity demanded at this price is:QD = 110 - 2(195) - 4(25) + 330QD = 100 units.Now, to calculate the own price elasticity of demand, we can use the following formula:Price Elasticity of Demand = (Percentage Change in Quantity Demanded) / (Percentage Change in Price)
Price elasticity of demand = {(Q2 - Q1) / Q1} / {(P2 - P1) / P1}Where P1 = 195 dollars, P2 = 200 dollarsQ1 = 100 units, Q2 = 90 unitsSubstituting the above values in the formula:Price Elasticity of Demand = {(90 - 100) / 100} / {(200 - 195) / 195}
Price Elasticity of Demand = -0.33Therefore, the own price elasticity of demand for good X is -0.33b. If consumers' income decreases by 8%, we can use the income elasticity of demand to calculate the percentage change in demand.
The income elasticity of demand for good X is given by:(∆Q/Q) / (∆I/I) = eWhere, Q = 100 units, I = $330 and e = 0.75
Substituting the values in the above equation, we have:(∆Q/100) / (-0.08) = 0.75
Solving the above equation, we get:∆Q = -6
Therefore, the demand for good X will decrease by 6% if consumers' income decreases by 8%.
To know more about equilibrium price click on below link:
https://brainly.com/question/14480835#
#SPJ11
Related Questions
A country has a trade deficit of $20 billion with its trading partners (
year. Which change would cause the country to have a trade surplus the
following year, assuming everything else remains the same?
A. The country increases its exports by $30 billion.
B. The country increases its imports by $30 billion.
C. The country decreases its exports by $10 billion.
D. The country decreases its imports by $10 billion.
Answers
D) The nation reduces its exports by $30 billion, the change would result in a trade deficit the following year for the country that had a trade surplus of $20 billion in one year.
When imports rise faster than exports, a trade deficit occurs. If the country increases its exports by $30 billion, decreases its imports by $10 billion, or increases its imports by $10 billion, it cannot have a trade deficit.
As a result, the country will only experience a trade deficit if its exports decrease by $30 billion while the rest of its exports remain unchanged.
With an example, what is a trade deficit?A country has a trade deficit when its imports exceed its exports over a given time period. A negative balance of trade (BOT) is another name for this situation. There are several ways to determine the balance, including: goods (also called " merchandise”), goods and services, and services and goods.
To learn more about trade deficit here
https://brainly.com/question/25313034
#SPJ1
Full Question = A country has a trade surplus of $20 billion with its trading partners over a
year. Which change would cause the country to have a trade deficit the
following year, assuming everything else remains the same?
A. The country increases its exports by $30 billion.
B. The country decreases its imports by $10 billion.
O C. The country increases its imports by $10 billion.
O D. The country decreases its exports by $30 billion.
The physical elements of a computer system are called the hardware
Answers
Elizabeth Tailors Inc. has assets of $8,000,000 and turns over its assets 1.5 times per year. Return on assets is 12%; what is the firm's profit margin (returns on sales)?
Question 23 options:
A)
6%
B)
9%
C)
7%
D)
8%
Answers
The firm's profit margin (returns on sales) is 8%. The correct option is D.
Profit Margin = Net Income / Sales
Assets = $8,000,000
Asset Turnover = 1.5 times
Return on Assets = 12%
Net Income = Return on Assets × Assets
Net Income = 0.12 × $8,000,000
Net Income = $960,000
Asset Turnover = Sales / Assets
Rearranging the formula, we get:
Sales = Asset Turnover × Assets
Sales = 1.5 × $8,000,000
Sales = $12,000,000
Profit Margin = Net Income / Sales
Profit Margin = $960,000 / $12,000,000
Profit Margin = 0.08 or 8%
Learn more about profit margin at:
brainly.com/question/30236297
#SPJ4
Future value. Jack and Jill are saving for a rainy day and decide to put $40 away in their local bank every year for the next 30 years. The local Up-the-Hill Bank will pay them 7% on their account.
a. If Jack and Jill put the money in the account faithfully at the end of every year, how much will they have in it at the end of 30 years?
b. Unfortunately, Jack had an accident in which he sustained head injuries after only 10 years of savings. The medical bill has come to $600. Is there enough in the rainy-day fund to coverit?
(Round to the nearest cent.)
Answers
a. Jack and Jill will have $1964.27 in their account at the end of 30 years.
b. The medical bill is $600, there is enough in the rainy-day fund to cover it.
a. To calculate the future value, we can use the formula for compound interest: FV = P(1+r)ⁿ, where FV is the future value, P is the principal amount (initial deposit), r is the annual interest rate, and n is the number of years. In this case, P = $40, r = 7%, and n = 30. Plugging these values into the formula, we get FV = 40(1+0.07)³⁰ = $1964.27.
b. After 10 years, Jack and Jill would have saved a total of $40 x 10 = $400. To calculate the future value at the end of 10 years, we can use the same formula: FV = P(1+r)ⁿ. Plugging in P = $400, r = 7%, and n = 10, we get FV = 400(1+0.07)¹⁰ = $664.05.
To know more about compound interest click on below link:
https://brainly.com/question/14295570#
#SPJ11
A company recorded the $19,000 adjusting entry for accrued interest revenues on monies it loaned by debiting revenues and crediting assets \$19,000. Assets are
A. $19,000 understated
B. $19,000 overstated
C. $38,000 overstated
D. $38,000 understated
E. correctly stated
Answers
The company's recording of the adjusting entry for accrued interest revenues by debiting revenues and crediting assets with $19,000 is correct.
Accrued interest revenues represent revenue that has been earned but not yet received or recorded.
When the company records this adjusting entry, it increases its revenues (which would typically be an income statement account) and its assets (which would typically be a balance sheet account).
Since the company debited revenues and credited assets for $19,000, it means that both the revenue and asset accounts were increased by $19,000.
Therefore, the company's recording of the adjusting entry for accrued interest revenues by debiting revenues and crediting assets with $19,000 is correct. The conclusion is that the company's assets are correctly stated.
To know more about revenues, visit:
https://brainly.com/question/14510611
#SPJ11
balance as per cash book :
cheque amounting Rs. 10,000. were sent to bank for collection but cheque of only Rs. 8.000 were credited in pass book.
Answers
Sounds like they took your money and now you have 2000 less then before
Curtis Party Rentals offers party equipment such as tents, tables, chairs, and so on for outdoor events. The rental fees average $910 per event. Curtis receives a 15 percent deposit two months before the event, 60 percent the month before, and the remainder on the day the equipment is delivered and set up. Planners at Curtis estimate the following number of events for the last half of the current year: July August September October November December 300 320 370 280 240 270 Required: a. What are the expected revenues for Curtis Party Rentals for each month, July through December? Revenues are recorded in the month of the event. B. What are the expected cash receipts for each month, July through October?
Answers
a. The expected revenues for Curtis Party Rentals for each month, July through December, are as follows:
July: $910/event * 300 events = $273,000
August: $910/event * 320 events = $291,200
September: $910/event * 370 events = $337,700
October: $910/event * 280 events = $254,800
November: $910/event * 240 events = $218,400
December: $910/event * 270 events = $245,700
b. The expected cash receipts for each month, July through October, considering the deposit received two months before, 60% the month before, and the remainder on the day of delivery, are as follows:
July: Deposit received: 15% * $273,000 = $40,950 Cash receipts: $0
August: Deposit received: 15% * $291,200 = $43,680 Cash receipts: 60% * $273,000 = $163,800
September: Deposit received: 15% * $337,700 = $50,655 Cash receipts: 60% * $291,200 = $174,720
October: Deposit received: 15% * $254,800 = $38,220 Cash receipts: 60% * $337,700 = $202,620
Note: The cash receipts for November and December were not provided in the question.
To know more about Revenue click here https://brainly.com/question/26718146
#SPJ11
at the account opening stage, which of the following customer actions would not be an indicator of potential money laundering?a concern regarding the firm's government reporting requirementsb difficulty describing his or her work or lack of industry knowledgec uncertainty about his or her investment objectives and needsd ordering transactions that are inconsistent with his or her stated objectives
Answers
The correct answer is b - difficulty describing his or her work or lack of industry knowledge.
All of the other options would be indicators of potential money laundering.
The other actions, including difficulty describing his or her work or lack of industry knowledge, uncertainty about his or her investment objectives and needs, and ordering transactions that are inconsistent with his or her stated objectives, are all indicators of potential money laundering. This is because money launderers often have difficulty describing their work or lack industry knowledge, which they use as a cover-up to avoid being caught.
The other indicators of potential money laundering, which are uncertainty about investment objectives and needs and ordering transactions that are inconsistent with stated objectives, occur when the customer's transactions are outside of the usual range of activities that are expected from someone in their particular industry or line of work. As such, these actions can indicate that the customer may be using their accounts to launder money. Therefore, these actions are indicators that should be closely monitored by financial institutions that wish to prevent money laundering in their accounts.
to know more about money laundering:
https://brainly.com/question/29830487
#SPJ11
Question 9 (1 point)
Owning a nursery is a good example of a career in the agriculture, food, and natural
resources career cluster
True
False
Answers
Answer:
True
Explanation:
Nursery refers to a section of a farm where plants are grown up to the desired age before transplanting to bigger fields. They provide a convenient way of taking care of seedlings. Nurseries offer favorable growth conditions for germinating and growing food and non-food plant seedlings.
The agriculture, food, and natural resources cluster comprise all careers related to the creation of agricultural products. Someone who owns a nursery that grows food plants is under this cluster.
Answer:
True
Explanation:
one way to increase the amount of money you have left over after paying bills is to: decrease your service prices. retail less. work fewer hours. spend less money.
Answers
One way to increase the amount of money you have left over after paying bills is by adopting the practice of spending less money. Here option D is the correct answer.
This approach involves making conscious choices about your expenses and prioritizing your needs over wants. By implementing effective budgeting strategies and practicing frugality, you can reduce unnecessary spending and allocate more funds toward savings.
To achieve this, you can start by tracking your expenses and identifying areas where you can cut back. Evaluate your monthly bills, such as utilities, subscriptions, and entertainment, and consider downsizing or eliminating non-essential services.
Look for opportunities to save on groceries by meal planning, buying in bulk, or using coupons. Additionally, reduce discretionary spending by avoiding impulse purchases and evaluating the value and necessity of each expenditure.
To learn more about money
https://brainly.com/question/29652006
#SPJ4
Complete question:
Which of the following options can potentially increase the amount of money you have left over after paying bills?
A) Decrease your service prices.
B) Retail less.
C) Work fewer hours.
D) Spend less money.
What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answers
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUYou are the manager for Park Hotel groups. You need a dashboard to monitor some key metrics. There are multiple locations around the world, so you also need to know region wise performance. You also need the ability to drill further into the details for any specific weeks as necessary. The dashboard should show three measures-RevPAR, Average daily rate (ADR), and occupancy rate (OCC) and provides the measures across three dimensions-week, region, and hotel. Design a dashboard using the following details and following the concepts learned in the course. [10 Marks] Details - Show the revenue per available room (RevPAR) for your hotels over time, showing data of past 50 weeks (Hint: Spark line) [1M] - For the week selected from the above visual, high, low, and average key metrics values should be displayed [0.5M] - See the spread for the revenue per available room from the lowest-priced room and the highest-priced room - Provide on-demand (interactive) access to a specific region [Asia, Europe, North America, Other]. When the user selects the region show the trend of the past 50 weeks showing the average daily rate (ADR) and the occupancy - For any 5 hotels (use any 5 cities) show RevPAR and also compare each of them with group RevPAR. - For the same selected 5 hotels, show RevPAR variance from an index of 100 [2M] - Identify Gestalt principles and Pre attentive attributes [2M] - Assume missing data.
Answers
Dashboard is a graphical interface that provides a visual representation of data, which enables businesses to track, analyze, and display various performance metrics. Park Hotel Groups can use a dashboard to monitor their hotels' performance.
The dashboard should be able to provide data across three dimensions - week, region, and hotel. The dashboard should also show the data of the past 50 weeks to show the RevPAR of their hotels over time. This can be done using a spark line.
In summary, the dashboard for Park Hotel Groups should include a spark line to show the RevPAR for the hotels over time. The dashboard should allow for the comparison of RevPAR across five hotels in different cities, show the RevPAR variance from an index of 100, and identify Gestalt principles and Pre-attentive attributes.
To know more about Dashboard visit:-
https://brainly.com/question/30456792
#SPJ11
Which of the following conditions distinguishes monopolistic competition from perfect competition? a. the freedom of entry and exit by firms in the market b. the number of sellers in the market c. the size of firms in the market d. product differentiation
Answers
Answer:
d)product differentiation
Explanation:
monopolism is when only one producer in the area produces the good/service thus there is no competition eg power supply company while perfect competition is when same type of products but different styles are produced making the business environment competitive.
The distinguishes monopolistic competition from perfect competition is product differentiation. The correct option is (d).
What do you mean by the monopolistic competition?When a large number of businesses provide rival goods or services that are comparable but imperfect alternatives, monopolistic competition exists.
A monopolistic competitive industry has minimal entry requirements, and decisions made by any one firm do not immediately affect those of its rivals.
Monopolistic competition is a sort of imperfect competition when numerous manufacturers compete with one another yet sell various items that are not exact substitutes for one another.
Therefore, the distinguishes monopolistic competition from perfect competition is product differentiation.
To know more about the Monopolistic competition, visit:
https://brainly.com/question/29407851
#SPJ2
Select the education or qualification that is best demonstrated in each example. Freda interviews a famous local athlete on a television news show. Essie gets a four-year college degree in journalism. Lester creates a chart mapping out all the news stories a newspaper will publish over the next week. Ramon identifies sources of information and sorts out facts.
Answers
Answer:
1. communication skills 2. bachelors degree 3. planning and organizational skills 4. research skills
Explanation:
took the test
Answer:here’s the answer for this question
Explanation:edge2023
how is merchandise at the superbowl sold to ticket holders?
Answers
According to Legends, attendees spent an average of $212 inside the stadium, with $132 going toward food and beverages and $80 going toward merchandise both Super Bowl records. Over the previous five years, Super Bowl 50's average fan spending increased by about 40%.
What is meant by Super Bowl ?The National Football League's (NFL) annual championship game, known as the Super Bowl, determines the league champion. Since 1966, it has replaced the NFL Championship Game as the last contest of each NFL season.
The game is being played on the second Sunday in February every year as of 2022. With the exception of 2002 and the first Sunday of February from 2004 to 2021, Super Bowls in the past have been held on Sundays in early to mid-January, late January, and late-February. The Vince Lombardi Trophy is given to winning teams.
Learn more about Super Bowl, from :
brainly.com/question/29973235
#SPJ1
If you were to look at the CPI calculations based from 1984-1986, what of the following goods would likely be left out of that CPI calculation?
2. eggs
3.transmission fluid
4. televisions
5. smart phones
Answers
If you somehow happened to take a gander at the CPI computations based from 1984-1986 , smart phones would probably be avoided with regard to that CPI estimation. Option 5 is correct.
Smartphones have only recently been used in the 21st century, so it is unlikely that they were popular in the 1980 s.The Consumer Price Index (CPI), which measures the percentage change in the price of a basket of goods and services used by households, is the most well-known indicator of inflation.
A quantity-weighted average of the current month's index divided by the index value during the index base period is used to calculate the aggregate index for any given month. The ratio of the long-term monthly indexes is then used to calculate the monthly price change.
The Consumer Price Index (CPI) is a widely used indicator of economic inflation. A nation's citizens' standard of living falls as a result of rising inflation. It will lead to an increase in the price of living over time.
Learn more about CPI :
brainly.com/question/32360208
#SPJ4
How is the wage rate determined through the forces of demand and supply of labor?
Answers
Answer: Just as in any market, the price of labor, the wage rate, is determined by the intersection of supply and demand. When the supply of labor increases the equilibrium price falls, and when the demand for labor increases the equilibrium price rises.
Explanation:
Donald Trump wanted to pull us out of the WTO because he thought China was cheating. Would you stay in or leave?
Answers
Answer: I hate Trump and would make him eat tortilla chip vertically :/
Explanation:
sam and tim want to form a corporation to provide delivery services. the first step in the incorporation procedure is to
a. file the articles of incorporation.
b. select a state in which to incorporate
c, hold the first organizational meeting.
d. secure a corporate name
Answers
Securing a corporate name is the initial step in the incorporation procedure for Sam and Tim's delivery services corporation. The Option D.
What is the first step in securing a corporate name for a delivery services corporation?The chosen name will be unique and distinguishable from existing businesses to avoid any confusion or legal issues. Before filing the articles of incorporation or holding the first organizational meeting, it is crucial to ensure that the desired name is available and can be legally used for their corporation.
This involves conducting a thorough search to check if any other businesses have already registered a similar name in the chosen state of incorporation. Once a suitable name is secured, Sam and Tim can proceed with the remaining steps of the incorporation process.
Read more about incorporation
brainly.com/question/31037866
#SPJ4
Cost Ma.. How much are the adjusted capital balances of A and B, respectively? * A and B formed a partnership. The following are their contributions: A B Cash 200,000 Accounts receivable 150,000 Inventory 100,000 Land 500,000 Building 620,000 Total 150,000 1,120,000 Note payable 220,000 A, capital 230,000 B, capital ,120,000 Total 450,000 1,120,000 * Additional information: The accounts receivable has a recoverable amount of P120,000. The inventory has an estimated selling price of P110,000 and estimated costs to sell of P20,000. The land has a fair value of P500,000 an unpaid mortgage of P120,000. The partners agreed that B shall settle the mortgage using his personal funds. The building is over-depreciated by P30,000. The building also has an unpaid mortgage amounting to P550,000. The partners agreed that the partnership shall assume repayment of the mortgage. The note payable has a fair value of P210,000. A and B shall share in profits and losses 40% and 60%, respectively. O 200,000 (A) 600,000 (B) O 200,000 (A) 1,030,000 (B) Q O 230,000 (A) 480,000 (B) Q O 230,000 (A) 600,000 (B) + 27.C X ENG 8:17 pm Partly cloudy US 30/09/2022
Answers
The adjusted capital balances for partners A and B, respectively, are P1,430,000 and P1,010,000.
To calculate the adjusted capital balances of partners A and B, we need to consider the adjustments to the initial contributions and allocate the profits and losses according to the agreed sharing ratio.
Partner A's Adjusted Capital Balance:
Initial Capital Contribution: P150,000
Add: Cash Contribution (P200,000)
Add: Adjusted Accounts Receivable (P120,000)
Add: Adjusted Inventory (P110,000 - P20,000)
Add: Adjusted Land (P500,000 - P120,000)
Add: Adjusted Building (P620,000 - P30,000)
Total Adjusted Capital Balance for Partner A = P150,000 + P200,000 + P120,000 + P90,000 + P380,000 + P590,000 = P1,430,000
Partner B's Adjusted Capital Balance:
Initial Capital Contribution: P1,120,000
Add: Adjusted Note Payable (P220,000 - P210,000)
Subtract: Mortgage Payment Assumed by Partnership (P120,000)
Total Adjusted Capital Balance for Partner B = P1,120,000 + P10,000 - P120,000 = P1,010,000
Therefore, the adjusted capital balances for partners A and B, respectively, are P1,430,000 and P1,010,000.
For such more question on capital:
https://brainly.com/question/25715888
#SPJ8
The adjusted capital balances of A and B, respectively, are P770,000 and P1,930,000
The adjusted capital balances of A and B can be calculated by considering the contributions made by each partner and adjusting for additional information provided.
Let's calculate the adjusted capital balance for partner A:
1. Start with the original capital contribution of A: P230,000
2. Add A's share of the partnership's profits and losses. Since A's share is 40%, we need to calculate the total profits and losses first.
3. Calculate the total profits and losses by subtracting the total liabilities from the total assets.
Total Assets = Cash + Accounts Receivable + Inventory + Land + Building
= P200,000 + P150,000 + P100,000 + P500,000 + P620,000
= P1,570,000
Total Liabilities = Note Payable
= P220,000
Total Profits and Losses = Total Assets - Total Liabilities
= P1,570,000 - P220,000
= P1,350,000
4. Calculate A's share of the profits and losses:
A's Share = A's Share Percentage * Total Profits and Losses
= 40% * P1,350,000
= P540,000
5. Calculate the adjusted capital balance for A:
Adjusted Capital Balance for A = Original Capital Contribution + A's Share of Profits and Losses
= P230,000 + P540,000
= P770,000
Now, let's calculate the adjusted capital balance for partner B:
1. Start with the original capital contribution of B: P1,120,000
2. Add B's share of the partnership's profits and losses. Since B's share is 60%, we need to calculate the total profits and losses first (as done in step 3 above).
3. Calculate B's share of the profits and losses:
B's Share = B's Share Percentage * Total Profits and Losses
= 60% * P1,350,000
= P810,000
4. Calculate the adjusted capital balance for B:
Adjusted Capital Balance for B = Original Capital Contribution + B's Share of Profits and Losses
= P1,120,000 + P810,000
= P1,930,000
To know more about balances here:
brainly.com/question/27154367
#SPJ11
Features, Advantages and disadvantages free market economy?
Answers
Answer:
Advantage: Absence of Red Tape.
Advantage: Freedom to Innovate.
Advantage: Customers Drive Choices.
Disadvantage: Limited Product Ranges.
Disadvantage: Dangers of Profit Motive.
Disadvantage: Market Failures
Explanation:
hope it helped some :)
How does a trade deficit occur?
Answers
Answer:
It is an economic condition that occurs when a country is importing more goods than it is exporting.
Explanation:
Answer:
It is an economic condition that occurs when a country is importing more goods than it is exporting.
Explanation:
Suppose Securitex is a small firm that has developed a new anti-theft device for automobiles. Securitex currently sells its device online and earns profit of $1515 million per year. GM is considering installing Securitex's system on its automobiles. The two firms first, however, must bargain over what price GM will pay Securitex for its software. GM chooses how much to offer Securitex for its system and then Securitex chooses whether to accept the offer and install its system on GM's automobiles. The strategies and corresponding profits for GM (GM) and Securitex (SX) are depicted in the decision tree to the right. Profits are in millions, and GM's payoffs represent the additional profit it can earn on its automobiles with Securitex's anti-theft system. What is the subgame-perfect equilibrium
Answers
Answer:
The data is missing, so I looked for a similar question (see attached image).
in a subgame perfect equilibrium, players take turns, one player (GM) will take turn an make an offer to the second player (Securitex), and then the second player will decide whether to accept the offer or not. The situations where the offer is rejected are not really an equilibrium since basically GM and Securitex get nothing out of the deal.
The two remaining options where Securitex accepts the offer must be analyzed in the following way:
After GM makes its move, is Securitex going to be better off or not. If GM makes a high offer and Securitex accepts it, then both will be better off. But if GM makes a low offer and Securitex accepts, it, GM will be better off but Securitex will be worse off, so that is not a real equilibrium.
The only option where a real equilibrium happens and is accepted by both, is that GM makes a high offer and Securitex accepts it. This would be option C.
The price of oranges increase, and so consumers buy more strawberries. This is an example of what?
Answers
A change in the exact quantity of a product that customers are willing and able to purchase is referred to as a shift in the quantity demanded. A change in pricing is what drives this shift in the quantity demanded.
What is Demand?Demand is the amount of a good that buyers are ready and willing to buy at different prices at a particular time. The demand curve is the name given to the relationship between price and quantity demand.
Also, consumers must be able to afford the items they want or need based on their budgeted disposable income.
Demand examines a market's price and purchases from the perspective of the customer. The principle of supply, on the other hand, emphasizes the viewpoint of the provider of the good or service.
Learn more about Demand here:
https://brainly.com/question/1245771#:~:text=Expert%2DVerified%20Answer&text=Determinants%20of%20demands%20are%20income,own%20price%20of%20the%20good.
#SPJ1
suppose 100 units of model 3 slip rings ordered by the client require a special operation and electro-poly does not have the capability to do this operation. therefore, electro-poly has to buy these 100 units of model 3 slip rings from its competitor for $145. what will be the impact (product mix, product quantities and objective function value)? explain.
Answers
Buying 100 units of model 3 slip rings from the competitor will likely affect the product mix and quantities of other models produced by electro-poly. The cost of purchasing the units may also impact the objective function value.
The inability of Electro-poly to manufacture 100 units of Model 3 slip rings due to the lack of capability to perform a special operation required by the client will result in a shift in the product mix towards the other products that the company can produce.
This will cause a decrease in the production quantity of Model 3 slip rings and an increase in the production quantity of other products. Buying the 100 units of Model 3 slip rings from its competitor for $145 will increase the cost of production, resulting in a decrease in profit and a lower objective function value.
In summary, the impact of this scenario on Electro-poly will be a shift in product mix, a decrease in production quantity of Model 3 slip rings, and a decrease in the objective function value due to higher production costs.
Learn more about cost of production here:
https://brainly.com/question/13106217
#SPJ4
Help me!
Give few examples of resources that are at the risk of depletion.
Answers
Answer:
There are several types of resource depletion, the most known being: Aquifer depletion, deforestation, mining for fossil fuels and minerals, pollution or contamination of resources, slash-and-burn agricultural practices, Soil erosion, and overconsumption, excessive or unnecessary use of resources.
Aquifer depletion, deforestation, mining for fossil fuels and minerals, pollution or contamination of resources, slash-and-burn farming methods, soil erosion, and overconsumption, excessive or unneeded use of resources are some of the more well-known examples of resource depletion.
What natural resources are at risk of depletion?Minerals, oil, water, and forests are the resources that are most at risk of being exhausted. The primary driver of deforestation is agriculture, and as food prices rise, more land is being destroyed for crops. Deforestation is a major cause of carbon dioxide emissions, which contribute to global warming.
As of now, there are more than 7 billion people living on Earth, which has resulted in a significant strain on the natural resources that our planet provides due to the ever-increasing demand for these resources. Resource depletion is the correct word to use when the pace of resource use exceeds the rate of resource replenishment. Resource depletion is not a particularly fancy or difficult phrase, but it has been the focus of much research for some time.
Learn more about natural resources here:
https://brainly.com/question/13954163
#SPJ2
the stockholders of a business received a $1000 dividend. how would this affect the total equity of the business? multiple choice question. total equity would be increased and assets would increase as well. total equity would be decreased and liabilities would be increased. assets would be increased and total equity would decrease. assets would be decreased and total equity would decrease as well.
Answers
The right answer is that overall equity would be reduced while liabilities would increase.
When stockholders receive a dividend, it represents a distribution of profits from the business to the owners (stockholders). Dividends are paid out of retained earnings, which is a component of total equity. The decrease in total equity is accompanied by an increase in liabilities because the dividend payment creates an obligation for the business to make the payment to the stockholders.
Total equity represents the ownership interest in a business and is calculated as the difference between the business's assets and liabilities. When dividends are paid, it reduces the retained earnings component of equity. This decrease in retained earnings directly decreases the total equity.
Liabilities, on the other hand, are not affected by the payment of dividends. Liabilities represent the obligations or debts of the business to external parties. When dividends are paid, it does not change the amount of liabilities the business owes to its creditors or other stakeholders.
It's important to note that the payment of dividends does not impact the assets of the business. Assets represent the resources owned by the business, such as cash, inventory, equipment, and property. Dividends are paid out of the existing assets or cash reserves of the business and do not impact the overall value of the assets.
To learn more about liabilities
https://brainly.com/question/14921529
#SPJ11
If the stockholders of a business received a $1000 dividend, "assets would be increased and total equity would decrease."
When the stockholders of a business receive a $1000 dividend, it means that the business is distributing a portion of its profits to the stockholders. This distribution reduces the retained earnings, which is a component of equity.
Here's how this affects the total equity of the business:
1. Assets: The cash balance of the business will decrease by $1000 as it is being paid out to the stockholders. This decrease in cash is considered a reduction in assets.
2. Total Equity: Equity is composed of two main components - contributed capital and retained earnings. When the business pays out a dividend, it reduces the retained earnings portion of equity, resulting in a decrease in total equity.
So, the correct answer is that assets would be increased (because cash is going out) and total equity would decrease (due to the reduction in retained earnings).
In summary, when stockholders receive a dividend, it reduces the business's total equity while increasing its assets.
To learn more about stockholders
brainly.com/question/14921529
#SPJ11
when given the marginal utility of the first five units of a product, you can calculate the total utility by: question 13 options: a) adding the marginal utilities of the fourth and fifth units. b) finding the difference between the first and fifth units. c) finding the difference between the fourth and fifth units. d) adding the marginal utilities of the first five units.
Answers
The marginal utility of the first five units of a product is given, it can calculate the total utility by adding the marginal utilities of the first five units.
Marginal utility is the additional utility (satisfaction or usefulness) derived from consuming one more unit of a product, and total utility is the overall satisfaction or usefulness obtained from consuming all units of the product. By adding up the marginal utilities of each unit consumed, you can determine the total utility obtained from all five units.
To know more about marginal utility, click here https://brainly.com/question/14597445
#SPJ11
the branch of economics which studies the behavior of entire economies and policies that affect the economy as a whole is called
Answers
The branch of economics that studies the behavior of entire economies and policies that affect the economy as a whole is called Macroeconomics."
What is macro economics?Macroeconomics focuses on factors such as aggregate production, employment, inflation, monetary and fiscal policies, economic growth, and the overall functioning and performance of the economy.
It analyzes the interrelationships and dynamics among different economic sectors and variables to understand the broader picture and make policy recommendations at the national or global level.
Learn more about economics at
https://brainly.com/question/17996535
#SPJ1
How can you get your money back if you send a p2p payment to the wrong person?.
Answers
When a payment is sent to the wrong person using p2p, the money cannot be gotten back since it is equivalent to giving money to a wrong account. However, the person can lay a complaint to the customer service to take action.
What is P2P Payment?P2P payment is a system of payment where money is sent to another member of the crypto community in exchange for a coin to be sent to the individual's wallet. It is equivalent to giving someone cash.
When a user mistakenly sends money to the wrong person, the money cannot be gotten back. But if the sender has the details of the wrong receiver, an appeal can be made for the money to be reversed. However, if this is not the case, then the money would have to be forfeited.
Learn more about P2P Payment here:
https://brainly.com/question/25107350