An electronics store sells specialty headphones for $100. They usually sell 5
pairs per day and purchase 150 pairs from their suppliers per month.
According to the law of supply, which outcome would be most likely if the
store could sell the headphones for $120 without losing customers?
A. The store would purchase 175 pairs per month,
B. The store would sell 3 pairs per day.
C. The store would sell 7 pairs per day,
D. The store would purchase 100 pairs per month.
Answers
D. The store would purchase 100 pairs per month
As the electronics store sells specialty headphones for $100. They usually sell 5 pairs per day and purchase 150 pairs from their suppliers per month. According to the law of supply, if the store could sell the headphones for $120 without losing customers then it would have to sell 7 pairs per day.
What is Law of supply?
Law of supply is a fundamental principal of Economic theories. It states that keeping all the other factors at constant, an increase in the the price of the product results in the increased supply of that product.
What is the Formula of Law of Supply?Qs = x + yP
Where:
n Qs = the quantity supplied
n X = quantity
n P = price
n Y = variable
Hence option C is the correct answer.
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Related Questions
Select a product, either a good or service, that you consider to be in the decline phase of the Product Life Cycle. Discuss some of the options the company has for dealing with this product. What do you think is the best option, and why do you think so?
Answers
Answer:The product example in the declining phase is the Sony VCRs
Explanation:Decline phase is reached when sales and profits of a product fall.it is therefore characterised by rate of change to consumers tastes and rate by which new prosucts reach the market.
Company can deal with the product at a declining phase in the following ways:
1.The company can aid by reducing the promotional expenditure
2.The company can opt to reducing the number of distribution outlet that deal with sales of the products
3.The company can concentrate on the price cuts so that they can obtain customers who van purchase their products
4.The company can look upon the alternative use of the product.
Best option is maintaining the product , in a way rejuvenating it so that we ad features to it so that we can find its alternative use.
Corporate executives often object to the use of open-source software because it lacks formal technical support, even though information and solutions regarding the software are usually readily available online.
A. True
B. False
Answers
Answer:
A. True
Explanation:
When the open source software used by the corporate executives so it would be lead to the lacking of technical support i.e. formal also the information and its solutions would be available online
So the given statement is true as the open source software deals with the source code that should be released in a license where the copyright holder would granted the users to have the right to use the same
An individual has utility function U(x)=x1/4U(x)=x1/4 for salary, and is considering new job offer which pays $80,000 with a bonus. The bonus will be $0, $10,000, $20,000, $30,000, $40,000, $50,000, or $60,000, each with equal probability. What is the certainty equivalent of this job offer?
Answers
Answer:
108,280.22
Explanation:
Certainty equivalent is solved by taking the inverse utility function from the expected utility of a random wealth variable
U(x) = x^1/4
U^-1(x) = x^4
U^-1(x) === x^4
CE(x) = x^4
Salary Bonus Total income U(x)= x^(1/4) P(x) U(x)*P(x)
80000 0 80000 16.82 1/7 2.4
80000 10000 90000 17.32 1/7 2.47
80000 20000 100000 17.78 1/7 2.54
80000 30000 110000 18.21 1/7 2.6
80000 40000 120000 18.61 1/7 2.66
80000 50000 130000 18.99 1/7 2.71
80000 60000 140000 19.34 1/7 2.76
Sum 18.14
CE(x) = 18.14^4
CE(x) = 108280.22
So therefore, the certainty equivalent of this job offer is 108,280.22
what is cooperative skill
Answers
Question 6 of 10
Which of the following speeds will produce lowest miles per gallon?
A. 75 mph
B. 45 mph
C. 85 mph
D. 55 mph
Answers
Bank Of The North (B of N) gave out large loans to many of their customers. After reviewing the bank’s records, B of N sees that the bank is now below the Federal Reserve’s minimum reserve requirement. A member bank, Helper Bank, has excess reserves. B Of N borrows enough money from Helper Bank to reach their reserve requirement. The rate of interest that B of N will pay to Helper Bank for the loan is the ________ rate.a. intrabank b. institutional c. federal funds
Answers
Answer:
c. federal funds
Explanation:
As this case is concerned, Bank Of The North pay the interest to Helper Bank for the loan as per the Federal Fund rate.
Federal fund rate is the rate of interest on which one bank gives short term or overnight loan to other banks. The interest rate at which federal funds are being borrowed and lent is known as the federal fund rate. This rate is set based on the principle of demand and supply. For instance, if the demand is higher than the supply, this rate will go up.
3) Bill weighs 220 pounds and is losing 4 pounds each month. Phil weigh 250 pounds and is losing 10 pounds each month. How many months, m, will it take for Bill to weigh the same as Phil? How much will they weigh?
Answers
5 months and 200 pounds
4x5 = 20
220-20
200
10x5 = 50
250-50
200
With Wi-Fi, _____________ are used to transport the Internet signal between the computer and a router.
Answers
Answer:
A computer's wireless adapter translates data into a radio signal and transmits it using an antenna.
Explanation:
Answer:
Radio waves
Explanation:
A wealthy customer is very satisfied with her registered representative. She approaches the representative to ask him if he would like to be appointed as trustee over a trust account that she is establishing for her 2 grandchildren. If he accepts, he would be paid a trustee fee. Which statement is TRUE about this?
A. The registered representative cannot act as the trustee because he already manages another account for the customer
B. The registered representative cannot act as the trustee because he cannot accept a trustee fee
C. The registered representative cannot act as the trustee because of the conflict of interest
D. The registered representative can act as the trustee without restriction
Answers
Answer:
C.
Explanation:
In this scenario, the statement that is true is that the registered representative cannot act as the trustee because of the conflict of interest. A registered representative is technically a fiduciary to the client, which means that they must always perform actions that are of the client's best interests. If the representative started getting paid a part of a client's asset's fee then it would be conflicting with his duties because he would also be benefiting from the financial actions he is performing which may lead to performing an action that is not necessarily in the client's best interest.
6. Describe what a Bond is and how it works.
WE WERE TRYING TO BE NORMAL AND THEN THE CREEP SHOWS UP
Answers
Answer:
✨I'm dead-✨
Explanation:
ℐ ℯ ℊℴℯ ... -LilDemon66
What can affect whether banks or other financial insututions are
interested in offering an individual a loan?
A. Financial knowledge
B. Personal credit
C. Financial experience
D. Business credit
Answers
Answer:
B. Personal credit if it is a personal loan
D. If the individual applies to start a business
Explanation:
Typically Financial institutions extend loans based on "credit worthiness" (or credit score) of the individual and can be extended based on whether the individual has an asset to secure the loan. Lack of an asset can have a negative result (dependent upon the amount requested) if the loan request is for a large amount of money.
Understanding opportunity cost
Opportunity cost is what must be ____ in order to ____ something else.
Opportunity cost forces consumers and producers to make ___
Answers
Gain
Choices
Answer:
Opportunity cost is what must be
✔ given up
in order to
✔ gain
something else.
Opportunity cost forces consumers and producers to make
✔ choices
.
Explanation:
Suppose that Defenestration decides to pay a dividend of only $2 per share this year and use the remaining $2 per share to repurchase stock. If Defenestration maintains this dividend and total payout rate, then the rate at which Defenestration's dividends and earnings per share are expected to grow is closest to what?
Answers
Answer:
Missing word "Defenestration Industries plans to pay a $4.00 dividend this year and you expect that the firm's earnings are on track to grow at 5% per year for the foreseeable future. Defenestration's equity cost of capital is 13%."
P0 = dividend payout per share/ (k-g)
Where g is firms earning growth = 5% or 0.05
And k is the cost of capital = 13% or 0.13
Therefore P0 = $4 / (0.13 -0.05) = $50
But if the payout is $2 per share and $2 per share is used to repurchase stock then to get the price of the stock in one year given the current price of $50.00, dividend at $2 and the 13% cost of capital we get
$50 = $2 + X / (1.13)
Therefore x = $54.5
At a current price of $50, we can expect that Defenestration Industries stock to sell for $54.50 immediately after the firm pays the dividend in one year
Therefore the growth is (54.5 -50)/50 = 9%
Why might a manager for a non-profit organization seem as concerned with his or her organization's financial well-being as a for-profit manager?
a. Non-profit managers are evaluated on financial performance only.
b. Non-profit managers try to give the illusion that they care about the "bottom line."
c. Not-for-profit organizations need to make money to continue operating.
d. Non-profit organizations have an obligation to turn a profit.
Answers
Answer:
c. Not-for-profit organizations need to make money to continue operating.
Explanation:
Non-profit organisations mainly focus on meeting their set objectives for example ensuring education is provided to poor children, health services reach the less privileged in society, and so on.
On the other hand for profit organisations mainly focus on turning a profit for the benefit of the business owners.
The manager for a non-profit organization will be as concerned with his or her organization's financial well-being as the for profit manager.
This is because non- profit organisations tend to have a tight budget and they will need to effectively manage resources available to them to ensure they keep functioning.
Tony Manufacturing produces a single product that sells for $ 110. Variable costs per unit equal $ 30. The company expects total fixed costs to be $ 84 comma 000 for the next month at the projected sales level of 2 comma 700 units. In an attempt to improve performance, management is considering a number of alternative actions. Each situation is to be evaluated separately. Suppose management believes that a $ 80 comma 000 increase in the monthly advertising expense will result in a considerable increase in sales. Sales must increase by ________ to justify this additional expenditure? A. 1 comma 047 units B. 728 units C. 1 comma 050 units D. 1 comma 000 units
Answers
Answer:
Increase in units= 1,000 units
Explanation:
First, we need to calculate the current income:
Net income= total contribution margin - fixed costs
Net income= 2,700*(110 - 30) - 84,000
Net income= $132,000
Now, we the company should gain at least the same income to justify the increase in marketing expenses:
Increase in fixed costs= $80,000
Increase in units= increase in fixed cost / unitary contribution margin
Increase in units= 80,000 / 80
Increase in units= 1,000 units
Net income= 3,700*80 - 164,000
Net income= $132,000
Through a comparable company analysis for Alibaba, you determined a P/E ratio of 6.0x is appropriate to value the company. Based on this metric, what is the implied Enterprise Value of Alibaba?
Answers
Answer:
hello your question is incomplete attached below is the complete question
answer : $ 1,391.692 ( first option )
Explanation:
Given P/E ratio = 6.0
Determine Implied Enterprise value
Implied Enterprise value = (EBITDA * P/E ratio ) + Net debt (cash )
where EBITDA = $205.663
P/E ratio = 6
Net debt = $157.714
hence Implied Enterprise value = (205.663 * 6)+ 157.714 ≈ $ 1,391.692
NOTE : all $ values are in millions
The implied Enterprise Value of Alibaba is $740,366
The calculation is as follows:Implied equity value = NTM earnings × P/E ratio
= $149,680 × 6.0
= $898,080
Now Implied enterprise value
= Implied equity value + Net debt
= $898,080 - $157,714
= $740,366
Therefore we can conclude that The implied Enterprise Value of Alibaba is $740,366
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A fee collected by a real estate agent upon the sale of a property is
Answers
To help the team be successful, project managers need to understand the stages of project team development so that they can employ different leadership strategies in response to the behavioral characteristics of the team as they move through each stage of team development.
Answers
Answer:
True
Explanation:
In order to help the team to be successful the project managers first understand the stages of the project team development in order to adopt various kinds of leadership strategies that responded to the behavior attributes of the team as they need to pass from each and every stage of the team development
Therefore the given statement is true
please answer...........
Answers
Answer:
I would say its false ...............
Son los que se produjeron en determinado periodo: los costos de los productos vendidos o los costos de los que se encuentran en proceso
Answers
La respuesta correcta para esta pregunta abierta es la siguiente.
A pesar de que no se anexan opciones o incisos para responder, podemos decir lo siguiente.
Aquí estamos hablando de los costos históricos. Estos costos son los que se produjeron en determinado periodo: los costos de los productos vendidos o los costos de los que se encuentran en proceso.
Un buen contador dentro de la empresa, se basará en estos costos históricos para poder predecir o proyectar los costos predeterminados y tener cierta información de lo que puede suceder a corto o mediano plazo.
Recordemos que esos costos predeterminados son necesarios para que los contadores puedan elaborar presupuestos lo más apegados a la realidad y se puedan ajustar con el tiempo. Para elaborar estos costos predeterminados, el contador hace uso de herramientas estadísticas.
You work for Greene-Mann Landscaping Company. A prospective client sends you the e-mail
below:
I would like to plant a tree in my backyard. We like to eat outside, and in the summer, the hot sun
burns down on our deck at dinnertime. I would like a tree that will be quick and easy to grow.
Based on the document shown, what would you recommend for this client?
A. An evergreen tree planted on the windy side of the house
B. An evergreen tree planted on the south side of the house
C. A deciduous tree planted on the windy side of the house
D. A deciduous tree planted on the south side of the house
E. A deciduous tree planted on the west side of the house
Answers
Answer:
The answer for this is E.
Based on the document shown, A deciduous tree planted on the west side of the house is recommended. Option E is an appropriate response.
What is a deciduous tree?At the end of the growing season, deciduous trees shed their broad, flat leaves. It differs from most evergreen trees (which typically retain needle foliage throughout the seasons) and coniferous trees (usually evergreens that produce cones). There are, however, deciduous conifer trees like golden larch and dawn redwood. You can also tell if a tree is deciduous by its round shape, as opposed to an evergreen's upside-down cone shape.
During the hotter months, deciduous trees provide shade and block heat from the sun, and by dropping their leaves in the fall, they admit sunlight during the colder months.
Hence, option E is an appropriate response.
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Pete, a broker, advised Ollie to invest in Rocky Road Inc. When the share price of Rocky’s stock decreases, Ollie accuses Peter of fraud, claiming reliance on Pete’s advice. The reliance that gives rise to liability for fraud requires ____.
Answers
Answer:
Misrepresentation of a fact knowing it is false.
Explanation:
Fraud is defined as an intentional act of deception by an individual to unlawfully gain the property of another person.
For fraud to be committed facts must be misrepresented intentionally with the aim of deception.
In the given scenario Pete advised Ollie to invest in Rocky Road Inc. and the share price of Rocky’s stock decreases, Ollie accuses Peter of fraud.
If Ollie can show that Pete knew the price of the shares would fall, he can now accuse him of fraud.
85 percent of CNN's airtime is opinion based.
True
False
Answers
Answer:
the show is mostly opinion based and used off there own thoghts
WILL GIVE BRAINLIEST!!
Businesses supply goods and services to the marketplace because they have the right ___.
to earn a profit
of free enterprise
of private property
of competition
of freedom of choice
Answers
Answer:
Explanation:
Of free enterprise
which method is approved by income tax authorities for charging depreciation
Answers
Answer:
The straight-line method
Explanation:
The simplest and most commonly used way to calculate depreciation under generally accepted accounting principles.
Suppose that the demand elasticity for cigarettes is equal to 2.0. If the demand elasticity for Camel cigarettes is equal to 6.0, must there be at least some cigarette brands with a demand elasticity less than 2.0. Explain.
Answers
Answer:
Let understand what elastic and inelastic demand is:
- If the small change in price causes heavy change in the quantity demanded then the demand is said to be elastic.
- Opposite to it is inelastic where even there is a very high change in the price but there is not so much effect on the quantity demanded.
Here, Camel cigarettes has a price elasticity of demand which is equal to 6 which means if the price suddenly increased, the quantity demanded will decrease. If any cigarette is having price elasticity of demand less than 2, it means it has less elasticity or if price increases very much then quantity demanded will not be affected so much.
John works as a website designer and for a fee will perform tasks that help clients create or redesign their websites. In other words, John is providing what for each client?
A) a deficit
B) an export
C) an import
D) a service
Answers
What is a benefit of getting college credit in high school?
A) Graduating early
B) Spending more time on homework
C) Showing friends how smart I am
D) Spending too much money on tuition
Answers
do this document and I will give you 100 points send it back to me completed all the directions are on here.
Answers
Answer:
I like chicken
Explanation:
Select a product, either a good or service, that you consider to be in the decline phase of the Product Life Cycle. Discuss some of the options the company has for dealing with this product. What do you think is the best option, and why do you think so?
Answers
Answer:
Explanation:
just want points