If the supply of aisle seats equals the supply of middle seats on an airplane, and the demand for aisle seats is _____________ than the demand for middle seats, then the equilibrium price of aisle seats will be ______________ the equilibrium price of middle seats.

Answers

Answer 1

Answer:

greater; higher than

Explanation:

Here is the complete question

If the supply of aisle seats equals the supply of middle seats on an airplane, and the demand for aisle seats is _____________ than the demand for middle seats, then the equilibrium price of aisle seats will be ______________ the equilibrium price of middle seats

.a. greater; higher than

b. less; higher than

c. greater; lower than

d. less; the same as

Equilibrium price is the price at which quantity demand equal quantity supplied. Above equilibrium price there is a surplus - quantity supplied exceeds quantity demanded.

Below equilibrium price there is a shortage - quantity demanded exceeds quantity supplied

If the demand for aisle seats exceeds the demand for middle seats, it means that equilibrium price for aisle seat would exceed equilibrium price


Related Questions

June enters into a contract with Steeley Company to purchase a washer and dryer. She doesn’t understand the financing terms but signs the agreement anyway because she needs the appliances. The financing terms violate state laws on interest rate limits and she is unable to make all of her payments when they are due. Steeley sues when June breaches the contract. The court would:

Answers

Answer: be exercising judicial restraint if it requires June to pay as she promised, even if the agreement was unfair and unwise.

Explanation:

Judicial restraint simply means a situation whereby judges aren't allowed to inject their own preferences into rulings and legal proceedings. It simply means that judges should limit exercising their own power during legal proceedings.

In this case, since June doesn't understand the contract but still signed, the court would be exercising judicial restraint if it requires June to pay as she promised, even if the agreement was unfair and unwise. It's advisable for the court not to interfere in the matter and follow the normal proceedings.

Morgan Corporation purchased a depreciable asset for $600,000 on January 1, 2018. The estimated salvage value is $60,000, and the estimated useful life is 9 years. The straight-line method is used for depreciation. In 2021, Morgan changed its estimates to a total useful life of 5 years with a salvage value of $90,000. What is 2021 depreciation expense

Answers

Answer:

Annual depreciation= $165,000

Explanation:

First, we need to calculate the accumulated depreciation at the end of 2020:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (600,000 - 60,000) / 9

Annual depreciation= $60,000

Three full depreciable years have passed.

Accumulated depreciation= 60,000*3= $180,000

Now, the annual depreciation with the revised information:

Book value= 600,000 - 180,000= $420,000

The useful life remaining is two years.

Annual depreciation= (420,000 - 90,000) / 2

Annual depreciation= $165,000

An analyst observes that the historic geometric nominal return for equities is 9%. Given a real return of 1% for riskless Treasury bills and annual inflation of 2%, the real rate of return and risk premium for equities are closest to:

Answers

Answer:

Real rate of return= 6.9%

Risk premium for equities= 5.8%.

Explanation:

Calculation to determine what the real rate of return and risk premium for equities are closest to:

Real rate of return =(1 + 0.09)/(1 + 0.02) - 1

Real rate of return=1.09/(1.02)-1

Real rate of return= 6.9%

Risk premium for equities=(1 + 0.09)/(1 + 0.01) - 1

Risk premium for equities=1.09/(1.01)-1

Risk premium for equities= 5.8%

Therefore the real rate of return and risk premium for equities are closest to:

Real rate of return 6.9%

Risk premium for equities 5.8%

In the context of Web marketing, the _____ is computed by dividing the number of clicks an ad gets by the total impressions bought.

Answers

Answer:

Click-through rate

Explanation:

In the context of Web marketing, the click-through rate is computed by dividing the number of clicks an ad gets by the total impressions bought.

Pelis de terror/misterio que recomienden?¿'¿?¿??¡?¡'¡'¿'¡

Answers

Answer:

Una buena película de terror que podría recomendarte es Halloween, en su versión estrenada en 2018. Básicamente, trata de un asesino serial psicópata, que no tiene otro objetivo en la vida que el de asesinar gente sin motivo alguno.

Los protagonistas son una familia que vive en los Estados Unidos, cuya abuela ya se ha enfrentado previamente al asesino, quien luego de escapar del centro psiquiátrico en el que estaba recluido regresa a la ciudad donde vive esta familia, con el objetivo de vengarse de ellos.

Oriole Company gathered the following reconciling information in preparing its August bank reconciliation: Cash balance per books, 8/31 $19800 Deposits in transit 950 Notes receivable and interest collected by bank 4880 Bank charge for check printing 100 Outstanding checks 12700 NSF check 1090 The adjusted cash balance per books on August 31 is $11780. $10790. $24440. $23490.

Answers

Answer:

$23490

Explanation:

Update the Cash Book by recording the items that appear in the Bank Reconciliation Statement and not in the Cash Book.

Cash Book

Debit  :

Balance before adjustments                    $19,800

Notes receivable and interest                   $4,880

Totals                                                        $24,680

Credit :

Bank charge                                                   $100

Dishonored check                                      $1,090

Balance (adjusted)                                   $23,490

Totals                                                        $24,680

An aging of a company's accounts receivable indicates that $15800 are estimated to be uncollectible. If Allowance for Doubtful Accounts has a $1210 credit balance, the adjustment to record bad debts for the period will require a credit to Allowance for Doubtful Accounts for $15800. debit to Allowance for Doubtful Accounts for $14590. debit to Bad Debt Expense for $15800. debit to Bad Debt Expense for $14590.

Answers

Answer:

debit to Bad Debt Expense for $14590.

Explanation:

The computation is shown below:

= Uncollectible estimated balance - credit balance of the allowance for doubtful debts

= $15,800 - $1,210

= $14,590

The same should be debited to the bad debt expense

Hence, the last option is correct

Melissa Taylor has gross earnings of $425 and withholdings of $26.35 for Social Security tax, $6.16 for Medicare tax, and $35 for federal income tax. Her employer pays $26.35 for Social Security tax, $6.16 for Medicare tax, $3 for FUTA tax, and $9 for SUTA tax. The total cost of Melissa to her employer is a.$32.51. b.$437.00. c.$469.51. d.$425.00.

Answers

Answer:

The answer is "[tex]\$469.51[/tex]"

Explanation:

The gross earnings represent the entire money earned via an individual / household and business over an amount of time. Net revenue is the money produced before taxable income or modifications for individuals and families. Total income here is less cost of things sold. Net revenues are sometimes known as gross revenue or net income.

Using formula:

[tex]\text{Gross Earnings + other payments done by employer on behalf of employee}[/tex]

[tex]= 425 + 26.35 + 6.16 + 3 + 9 \\\\= \$469.51[/tex]

Priya, a software developer at SkillThink, is instructed by her team leader to minimize interaction with other team members. However, her project manager says that interacting with other team members can provide new insights for her projects. In this scenario, Priya most likely experiences _____. Group of answer choices interpersonal conflict interrole conflict intrarole conflict

Answers

Answer:

intrarole conflict

Explanation:

A conflict can be defined as any form of disagreement that arises between two or more parties due to opposing views, opinions, or incompatibility.

In this scenario, Priya most likely experiences intrarole conflict because she was instructed by her team leader to minimize interaction with other team members to prevent her from getting new insights for her projects.

An intrarole conflict is a type of conflict that arises due to the conflict related to behaviors within a single job position or role.

A family with an income of 70,000 receives a raise of 2% in a year when inflation is 5%. Find the decrease in purchasing power.

Answers

Answer:

They make 3% less per year

Explanation:

I think this is what you're asking but don't quote me on it

3M, an American firm, manufactures adhesive tape in St. Paul, Minnesota, and ships the tape to South Korea for sale. According to this information, 3M uses ________ to deliver this product. A. exporting B. licensing C. franchising D. insourcing E. outsourcing

Answers

Answer: exporting

Explanation:

Exporting refers to the sale of products and services that are sources or made in a particular country to foreign countries. On the other hand, importing is the purchasing of goods and services from the foreign countries and then bringing them into the home country.

In this case since 3M manufactures adhesive tape in St. Paul, Minnesota, and ships the tape to South Korea for sale, this is exporting.

______ communication takes place when individuals from different levels and different departments communicate.

Answers

Answer:

Diagonal

Explanation:

An organizational structure can be defined as the process which typically involves dividing an organization into various functional units.

Basically, the organizational structure comprises of three (3) main dimensions and these are;

I. The vertical dimension: this is typically the decision-making responsibilities (decentralization and centralization).

II. The horizontal dimension: this divides the organization into subunits.

III. Integrating mechanisms: it is based typically on the strategic mechanism that controls the various subunits within an organization.

Communication can be defined as a process which typically involves the transfer of information from one person (sender) to another (recipient), through the use of semiotics, symbols and signs that are mutually understood by both parties.

Employees working in an organization are said to engage in a diagonal communication when they communicate with other employees in other departments and on different levels such as level 8, 9, 10, 12, 14, as the case may be.

For example, a diagonal communication takes place when John that's on level 8 in the marketing department communicates with Claire who's on level 10 in the customer relationship management (CRM) department.

which component of effective high-performance teams is represented by the use of real-time feedback devices acls

Answers

Answer: Quality

Explanation:

High-performance teams refers to the teams, or organizations which focuses on their goals and therefore achieve superior results and outperform other similar teams.

The component of effective high-performance teams that is represented by the use of real-time feedback devices is quality.

A high-performance team is described as a combination of people with particular responsibilities and supplementary abilities and skills aligned with and dedicated to a shared goal, who constantly exemplifies cooperation and mutual and innovative thinking, start producing excellent performance, and suppress revolutionary or drastic views that may be harmful.  

The component of effective high-performance teams is represented by the use of real-time feedback is  Quality.

The high-performance team is known for being the similar, main objective, and sound better system that helps any group member to overcome any obstacles in attaining the team's objectives.

In psychology, quality is a property or feature of an element. The concept of qualities, and notably how to identify different kinds of characteristics from one another, is still debated in contemporary philosophy.

To know more about the high-performance teams and quality, refer to the link below:

https://brainly.com/question/21852404

An external evaluation with consumers that consists of preliminary testing of a new-product idea rather than the actual finished product is referred to as
A. idea generation.
B. a concept test.
C. crowdsourcing.
D. new-product strategy development.
E. market testing.

Answers

Answer:

B. a concept test.

Explanation:

Concept testing is defined as a research method in which it includes the questions of the customer related to their concepts and ideas for the product or services prior to introducing it into the market

So basically it is an external evaluation lies with the customers that contains the preliminary testing

So the option b is correct

As a member of a software development team for a national nonprofit organization, Larissa is responsible for creating an interface model for a new app. What is Larissa's role in the organization

Answers

Answer:

Software designer.

Explanation:

A software can be defined as a set of executable instructions (codes) or collection of data that is used typically to instruct a computer how to perform a specific task and to solve a particular problem.

Basically, softwares are categorized into two (2) main categories and these are;

I. Utility software.

II. System software.

Larissa's role in the national nonprofit organization is a software designer because she's saddled with the responsibility of creating an interface model for a new app i.e the graphic user interface that would be seen and used by the end users of the software application.

If the premiums are not paid on a Traditional Whole Life policy that has been in force for decades with no loan outstanding, what happens

Answers

Answer:

The surrender cash value is used for the extended term option.

Explanation:

This is where the nonforfeiture clause comes to policyholders aid. The nonforfeiture clause allows the policy holder who has not made payment of premiums within the grace period to be able to get the cash value of his whole life policy(with already paid premiums), recovered either by cash or extended term option or any other agreement made prior. The cash value of his whole life policy could be applied to the extended term option, allowing the policy holder to get a term insurance policy worth the value of his surrender whole life policy minus any loans against it.

Question Mode Fill in the Blank Question Fill in the blank question. The ABC Company had its highest level of production in May when they produced 4,000 units at a total cost of $110,000 and its lowest level of production in November when they produced 2,500 units at a total cost of $87,500. Using the high-low method, the estimated fixed costs are $ .

Answers

Answer:

Results are below.

Explanation:

To calculate the fixed cost under the high-low method, we need to use the following formulas:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (110,000 - 87,500) / (4,000 - 2,500)

Variable cost per unit= $15

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 110,000 - (15*4,000)

Fixed costs= $50,000

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 87,500 - (2,500*15)

Fixed costs= $50,000

A ________ is purposeful, specifying what an organization wants to accomplish in the larger environment. Group of answer choices

Answers

Answer:

Mission statement.

Explanation:

A company's mission statement is an essential part of business, and must be well defined and precise, as it is in the company's mission that its identity is contained, that is, who the company is and what is the purpose of its existence, for that it is recognized as an institution with well-founded objectives.

The mission will guide the business as a fundamental premise of how the company operates in the market and how employees should conduct themselves to achieve their objectives and goals.

Heyy
Can someone help me please ​

Answers

I believe A ) 5.6 million

During the past recession, Advanced Protection Systems created a __________ organization when it restructured and eliminated several middle management positions and broadened the span of control for the remaining managers. As it emerged from the recession, Advanced realized that technology permitted the remaining employees to be just as responsive to customer needs as the firm was prior to restructuring.

Answers

Answer:

Flat

Explanation:

Flat organizational structure

This structure of an organization is said to consist of may be just one top manager who is an owner or CEO of the company, managing a lot of other employees, all with equal levels of authority.Flat structures have fewer management levels, with each level controlling a broad area or group. It focus on empowering employees rather than adhering to the chain of command.

Advantages and Disadvantages of flat organizations

Advantage

There are fewer administrative costs because fewer management positions, easier for employees to project voice etc.

Disadvantages

It is said to be hard to develop vertically due to limited promotions, requires extensive trust etc.

Greg's team was given the task of updating the company's invoice and billing system. They completed the project ahead of schedule and came in way under budget. As a result, everyone on the team received a bonus. This is an example of a(n) ______ reward.

Answers

If you look at it I think it was be in bounds and you did not have

Stan wants to invest in real property. Rather than be a sole owner, Stan would prefer to pool his resources with other people to own and develop a small office building. He would prefer not to take part in the day-to-day responsibilities of the organization. What type of business venture would best fit his goals?

Answers

Answer:

limited partnership real estate investment syndicate

Explanation:

Since in the given situation it is mentioned that stan wants to invest in the real property instead be a sole owner. So he pool his resources in order to create the office building with the other people also at the same time he is not interested to take part in day to day responsibilities

So here it is a limited partnership business venture as he is engaging with other people not alone to create the office buidling

4) The management of Stanforth Corporation is investigating automating a process. Old equipment, with a current salvage value of $24,000, would be replaced by a new machine. The new machine would be purchased for $516,000 and would have a 6 year useful life and no salvage value. By automating the process, the company would save $173,000 per year in cash operating costs. The simple rate of return on the investment is closest to:

Answers

Answer:

17.86%

Explanation:

Calculation to determine what The simple rate of return on the investment is closest to:

First step is to calculate the Depreciation

Depreciation = $516,000 ÷ 6years

Depreciation= $86,000

Second step is to calculate Incremental operating income

Incremental operating income = $173,000-$86,000

Incremental operating income=$88,000

Now let determine the simple rate of return on the investment

Using this formula

Simple rate of return = incremental operating income ÷ initial investment

Let plug in the formula

Simple rate of return = $87,000÷$516,000

Simple rate of return =17.86%

Therefore The simple rate of return on the investment is closest to:17.86%

Why do companies like Abercrombie & Fitch and Zara think that opening retail outlets in Japan will help them with their future products?

Answers

Answer: opportunity

Explanation:

Saw a question like this before. Because it's a opportunity to get more customers and doing it in other countries gives you opportunity for it

Answer:

Because of opportunity

_____ refers to the degree to which the organization monitors and responds to changes in the external environment.

Answers

Answer:

open system focus

Explanation:

Select the correct answer.
A household detergents company introduces a new product in the market. It hires several salespeople to make door-to-door sales for the first three months. The salespeople have to gather certain information about customers during their sales trips. For one such salesperson, a customer is not willing to share details related to his experience with competitor products. In such a case, what should the salesperson do?
A.
refer the case to another colleague who is expert in extracting details out of such customers
B.
forcibly try to get the details out of the customer
C.
respect the customer’s privacy and not ask any further questions
D.
tempt the customer with discounts on the current product if he shares his details

Answers

Answer: C. respect the customer’s privacy and not ask any further questions.

Explanation:

Since the customer is not willing to share details related to his experience with competitor products, the best thing to do in this case is to respect the customer’s privacy and not ask any further questions.

It's good to respect the privacy of people if they are not willing and ready to give out certain information. In this case, it should be noted that forcibly trying to get the details out of the customer isn't ideal.

Likewise, referring the customer to someone more experienced isn't necessary in thus regard since the customer isn't willing to share any information.

Therefore, the correct option is C.

Answer:

C

Explanation:

You should respect the customers privacy because they are not doing anything sketchy. They are just choosing not to share their thoughts.

An individual reports the following capital transactions in the current year: Short-term capital gain $ 1,000 Short-term capital loss 11,000 Long-term capital gain 10,000 Long-term capital loss 6,000 What amount is deducted in arriving at adjusted gross income

Answers

Answer: $6000

Explanation:

The amount that is deducted in arriving at adjusted gross income will be calculated thus:

Short term capital gain = $1000

Less: Short term capital loss = $11000

Net short term loss = -$10000

Long term capital gain = $10000

Less: Long term capital loss = $6000

Net long term gain = $4000

Then, the amount that is deducted in arriving at adjusted gross income will be:

= $10000 - $4000 = $6000

in a ____, a strategic manager can condense the strenght, weakness, opportunities, and threats into fewer than 10 strategic factors to review and revise the weight given in each factor.

Answers

Answer:

Strategic Factors Analysis Summary (SFAS) Matrix

Explanation:

Martina arrives for her first day at a new job. The hiring manager, Francisco, takes her on a tour of the building, introducing her to her new co-workers and showing her where the kitchen, meeting rooms, and her cubicle are located. After the tour, Francisco leaves Martina in her cubicle with the company's employee handbook, so she can read about the organization's policies and benefits. All these activities are part of

Answers

Answer:

orientation

Explanation:

All of these activities are part of orientation. This is the first thing that new employees have to go through after they are hired, when they start their first day on the job. In orientation, someone from the company takes you around the workspace and introduces you to the people that you will be working with as well as gives you a tour of the building. They also explain to you all the important details regarding the company and the position that you were hired to fill. This includes the organization's policies, benefits, precautions, etc. All of which is done so that you become familiar with how the company functions.

A train traveling from State A to State B went off the tracks in State C, causing the death of 90 passengers on the train. The relatives of many of the deceased passengers filed a wrongful death action against the train company in the federal district court for State C seeking $100,000,000 in damages. The relatives currently are citizens of 15 states, including one who is a citizen of State D. Approximately 35 percent of all the relatives of deceased passengers are citizens of State A, more than any other state. The train company is incorporated and has its principal place of business in State D. The company operates trains in 46 states. Does the court have diversity jurisdiction to hear this claim

Answers

Answer: Yes, because more than 75 individuals died in a single accident, at least one plaintiff is not a citizen of State D, and the defendant resides in a state other than State C.

Explanation:

It should be noted that according to the Multiparty, Multiforum Trial Jurisdiction Act of 2002, in.a case whereby there's a civil action from a single accident, such that at least 75 people died in an accident, only one plaintiff is required to be of diverse citizenship in order for the court to have diversity jurisdiction.

From the question, 90 people died which even exceeded the required 75 people. Also, at least one plaintiff is not a citizen of State D. Lastly, the defendant lives in a state other than State C.

Other Questions
How do the words muttered sentences, half-uttered screams that seemed smothered best enhance the tone of this passage Predetermined Overhead Rate, Application of Overhead to Jobs, Job Cost, Unit Cost On August 1, Cairle Company's work-in-process inventory consisted of three jobs with the following costs: Job 70 Job 71 Job 72 Direct materials $1,600 $2,000 $850 Direct labor 1,900 1,300 900 Applied overhead 1,425 975 675 During August, four more jobs were started. Information on costs added to the seven jobs during the month is as follows: Job 70 Job 71 Job 72 Job 73 Job 74 Job 75 Job 76 Direct materials $800 $1,235 $3,550 $5,000 $300 $560 $80 Direct labor 1,000 1,400 2,200 1,800 600 860 172Before the end of August, Jobs 70, 72, 73, and 75 were completed. On August 31, Jobs 72 and 75 were sold.Required:1. Calculate the predetermined overhead rate based on direct labor cost.% of direct labor cost.2. Calculate the ending balance for each job as of August 31. Ending BalanceJob 70$Job 71$Job 72$Job 73$Job 74$Job 75$Job 76$3. Calculate the ending balance of Work in Process as of August 31.$4. Calculate the cost of goods sold for August.$5. Assuming that Cairle prices its jobs at cost plus 20 percent, calculate Cairles sales revenue for August. The sun-drenched sky spilled its rays on the grassy field,warming the occupants of the picnic blanket. Patches ofwildflowers obliged the breeze with a fleeting dance eachtime it asked. In the middle of it all stood a gloriousfountain that sent its ballerina-like water sprays twirlingand leaping with perfect precision.What feelings would a character most likely experience in this setting?A. ApatheticB. AngryC. PlayfulD. Discontent Answer the questions about the perpendicular bisector below. A factory wishes to maximize its profit by choosing how many of each of its products to produce every week. The factory cannot produce more than 32 units in total each week. A linear programming problem is formed and the part of the sensitivity report corresponding to this constraint is provided below. If the company could produce 10 more units each week, which of the following can be concluded about the optimal profit?Nam Final Value Shadow Constraint R.H. Allowable Allowable Price Side Increase Decrease Total Production 32 32 90 15.333 8.667 a. Optimal profit increases by 90.b. Optimal profit increases by 900.c. Optimal profit increases by 15.3.d. Optimal profit increases by 153.3.e. The impact on optimal profit cannot be determined with the given information. Need help~ What is the measure of arc sty in the circle O below What is the reason for statement 3 in this proof? write your answer to the given question, please... Which level of government relies the most on income tax?OA.federalstateOC.local what is the sum of the geometric series 4 t=1 6t-1 Perimeter of a square with side 4 square root of 5 A photograph has a length that is inches longer than its width, x. So its area is given by the expression square inches. If the area of the photograph is square inches, what is the width of the photograph?The width of the photograph is blank inches. Select the answer choice that contains no pronoun reference, pronoun-antecedent agreement, or pronoun case errors. Group of answer choices The teenagers should be ashamed of their behavior, which is unlikely. The teenagers know they should apologize for his or her behavior. We teenagers did not realize that our behavior offended you. A(n) is the process by which police examine a person or property to find evidence that will be used to prove guilt in a criminal trial. write expanded notion of 752 863? The table gives estimates of the world population, in millions, from 1750 to 2000. (Round your answers to the nearest million.) Year Population 1750 7901800 9801850 1260 1900 16501950 25602000 6080 (a) Use the exponential model and the population figures for 1750 and 1800 to predict the world population in 1900 and 1950 1900 1950 million people million people (b) Use the exponential model and the population figures for 1800 and 1850 to predict the world population in 1950 million people (c) Use the exponential model and the population figures for 1900 and 1950 to predict the world population in 2000 million people A competitive market analysis takes into consideration? Nhng yu t t tng XHCN c xut hin t khi no ? Name the electrolyte in the chemical method of generating electricity We tend to feel more pain when we perceive that others seem to be experiencing pain. This best illustrates the impact of