(Advanced analysis) The demand for commodity X is represented by the equation P-100-2Q and supply by the equation P= 10+ 4Q. The equilibrium price is O $50. O $70, O $80. O $130.
Answers
The equilibrium price of commodity X is $210. None of the option is correct.
To determine the equilibrium price of commodity X, we need to find the price at which the quantity demanded equals the quantity supplied. We can do this by setting the demand and supply equations equal to each other and solving for the price.
Demand: P - 100 - 2Q
Supply: P = 10 + 4Q
Setting the two equations equal to each other:
P - 100 - 2Q = 10 + 4Q
Simplifying the equation:
P - 2Q - 4Q = 10 + 100
P - 6Q = 110
Rearranging the equation to solve for P:
P = 110 + 6Q
Now, we can substitute this expression for P into either the demand or supply equation to solve for the equilibrium price. Let's substitute it into the supply equation:
110 + 6Q = 10 + 4Q
Simplifying the equation:
2Q = 100
Q = 50
Now, substitute the value of Q back into the demand or supply equation to find the equilibrium price. Using the supply equation:
P = 10 + 4(50)
P = 10 + 200
P = 210
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Related Questions
What are three of the most common workplace accidents and two ways to prevent each of type of accident?
Answers
Answer:
1)slips,trips and falls
2)Fire and explosions
3)over exertion and muscle strains
Explanation:
To prevent slips and falls keep walking surfaces clean and free of clutter , cleaning all spills immediatelyTo prevent fire and explosions wear proper personal protective equipment and maintain chemical safety data sheets for all chemicalsTo prevent over exertion and muscle strains ensure employees are receiving frequent breaks and use safe lifting techniques:Most common workplace accidents
The 10 Most Common Workplace Accidents
Motor Vehicle Accidents. People who drive as part of their jobs are exposed to negligent drivers, inclement weather and faulty automotive equipment. ...
Slip and Falls. ...
Falls from Heights. ...
Electrocution. ...
Overexertion. ...
Struck by Objects. ...
Struck Against. ...
Entanglement.
Explanation:
Zero Zone,Inc.manufactures and sells display refrigeration and freezer units to supermarkets.The manufacturer is successful because it is able to keep the promises it makes.All customers know that Zero Zone's salespeople and its products live up to all the promises made.This is an illustration of which factor necessary for mutual trust to develop?
A) Dependability
B) Sales orientation
C) Likability
D) Spontaneity
E) Profitability
Answers
Trade theorists have proven that the gains from international trade A) must raise the economic welfare of every country engaged in trade. B) must raise the economic welfare of everyone in every country engaged in trade. C) must harm owners of "specific" factors of production. D) will always help "winners" by an amount exceeding the losses of "losers." E) usually outweigh the benefits of protectionist policies
Answers
According to trade theorists, have proven that the gains from international trade must raise the economic welfare of every country engaged in trade.
This means that international trade, when conducted fairly and freely, can bring benefits to all countries involved, including increased economic growth and higher standards of living. However, it is important to note that some groups within a country may be negatively impacted by international trade, such as owners of "specific" factors of production. Despite this, most economists agree that the overall benefits of free trade outweigh the benefits of protectionist policies, which can lead to reduced competition, higher prices, and ultimately lower economic welfare.
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The ratio of the price of two goods on a graphed budget line is measured by its:.
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There are lines in budget. The ratio of the price of two goods on a graphed budget line is measured by the slope of the budget.
What is a budget lineThis is regarded as a two-dimensional graph that shows the various choices one have between two goods given the money one have to spend. It is also known as budget constraint.
The ratio of the price of good X that is found on the horizontal axis to the price of good Y on the vertical axis is known as the slope of the budget.
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Butterfly Collective launches a new TV advertising campaign in support of its line of housepaints. In this campaign, the company bought insertions within two programs. It bought 2 insertions within one program which got a rating of 5.5, at a cost of $276,597 per insertion. It bought 3 insertions within a second program which got a 4.5 rating, at a cost of $383,693 per insertion. Calculate cost per point (CPP) for this campaign as a whole. (Rounding: penny.)Butterfly Collective sent out 14,777 emails enticing recipients to come to the website and purchase a butterfly-theme flower vase. Of those emails, 351 were not delivered to addressees. Of the rest, 7,357 were opened by recipients, 3,361 recipients clicked through to the website, and 103 recipients puchased the flower vase. Calculate OPEN RATE.
Answers
It bought 3 insertions within a second program which got a 4.5 rating, at a cost of $383,693 per insertion. We need to find the cost per point (CPP) for this campaign as a whole.CPP (cost per point) = (Total cost of campaign) ÷ (Total rating points of campaign)
Total cost of campaign = (2 × $276,597) + (3 × $383,693) = $1,709,369Total rating points of campaign = (2 × 5.5) + (3 × 4.5) = 24.5CPP = $1,709,369 / 24.5 = $69,974.69Cost per point (CPP) for this campaign as a whole is $69,974.69 (rounded to the nearest penny).Calculation of the open rate:
Total emails sent out = 14,777Number of emails not delivered = 351Total emails delivered = 14,777 - 351 = 14,426Number of emails opened by recipients = 7,357Number of emails that were clicked through to the website = 3,361Number of recipients who purchased the flower vase = 103Open rate = (Number of emails opened / Number of emails delivered) × 100%Open rate = (7,357 / 14,426) × 100% = 51.19%Therefore, the open rate is 51.19%.
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When a North Carolina broker discloses to their principal that they are to receive an incentive or bonus from a third party the disclosure must
a. indicate whether the incentive or bonus is more than nominal value
b. include a description of the incentive or bonus its value and the identity of the third party.
c. describe how the incentive or bonus will be split between the broker and the broker's firm.
d. explain the relationship between the broker and the third party
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b. include a description of the incentive or bonus, its value, and the identity of the third party. When disclosing an incentive or bonus from a third party, a North Carolina broker must include a description of the incentive or bonus,
When a North Carolina broker discloses to their principal that they are to receive an incentive or bonus from a third party, the disclosure must include specific information. According to North Carolina regulations, the disclosure should include a description of the incentive or bonus, providing details about what it entails. It should also state the value of the incentive or bonus, indicating its monetary worth. Additionally, the disclosure should identify the third party involved, mentioning the name or entity providing the incentive or bonus.
The other options mentioned in the question are not explicitly required by North Carolina regulations for this disclosure. While it is generally good practice to provide transparency and clarity about how the incentive or bonus will be split between the broker and their firm (option c), and to explain the relationship between the broker and the third party (option d), these specific details are not mandated by the disclosure requirements in North Carolina.
When disclosing an incentive or bonus from a third party, a North Carolina broker must include a description of the incentive or bonus, its value, and the identity of the third party. These disclosures are important to ensure transparency and maintain the broker's fiduciary duty to their principal.
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Harris tree owns and operates a gaming center and completed the following transactions during April 2021, its first month of operations. Journalize the transactions
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Recording the date, the accounts you're debiting or crediting from, and a short description of the transaction itself are all parts of keeping track of all your commercial transactions, or journalizing them.
How do you Journalize and post transactions?A business transaction is journalized when it is recorded in accounting records. Maintaining records calls for commitment and knowledge, especially for accountants. Every business process is documented chronologically in a journal, commonly referred to as a Book of Original Entry.
Identifying the account as well as the type of account is the first step. Choosing whether each account increases or decreases is the second stage. The third step is to journalize the transaction. Accumulated depreciation is the entire amount of depreciation and amortisation that has been applied to an asset since it was first used.
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when the money market is drawn with the value of money on the vertical axis, if the price level is above the equilibrium level, there is an
Answers
Answer:
There will be an increase in the price level.
Explanation:
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Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
Answers
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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According to the classical model, desired saving is identical to the demand for saving at each level of real GDP. a function of real GDP. equal to desired investment. affected by the money illusion at low income levels.
Answers
According to the classical model, desired saving is equal to desired investment at each level of real GDP.
This means that in the classical view, the demand for saving is identical to desired saving. In other words, individuals and businesses will save an amount equal to their desired level of investment at any given level of real GDP. Desired saving is not directly a function of real GDP itself. Instead, it is influenced by various factors such as interest rates, income levels, expectations, and financial conditions. Real GDP can indirectly affect desired saving through its impact on these factors. For example, higher real GDP may lead to higher income levels and, therefore, potentially higher desired saving.
The notion of money illusion refers to the tendency of individuals to be influenced by nominal values rather than real values. It is not directly related to desired saving or the demand for saving. Money illusion can affect how individuals perceive their income and wealth, but it is not a specific factor influencing desired saving at low income levels. Therefore, out of the options provided, the correct statement is: desired saving is equal to desired investment.
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A company issued 190 shares of $100 par value common stock for \$22.600 cosh The total amount of in capital excess of paris
Answers
Answer:
$3,600
Explanation:
The excess amount is the difference between the amount received and the value of the stocks.
The amount received = $22,600
the value of the stocks
= $100 x 190
=$19,000
The excess amount = $22,600 - $19,000
= $3,600
A lender might investigate a borrower’s personal assets if that borrower was part of which of the following organizations?
General partnership
Corporation
Limited partnership
REIT
In a general partnership, lender checks the personal assets of the borrower.
Answers
In a general partnership, the lender checks the personal assets of the borrower.
A general partnership is an organization in which two or more persons come together for the purpose of carrying on a legal business with a view to making a profit. In a general partnership, the lender checks the personal assets of the borrower. In a general partnership, the liability of each partner for the partnership's debts is unlimited. As a result, the lender will investigate the personal assets of all partners in a general partnership in order to determine if they can be used as collateral for the loan.
Personal assets are what the individual partner owns outside of the partnership, such as a car, house, or investments. By checking the personal assets of the borrower, the lender can see if the borrower is in a position to repay the loan if the business fails. This is a critical step in the lending process, as it helps the lender to make a more informed decision about whether or not to approve the loan.
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A developer purchased two 135-front-foot lots for $22,900 net each and divided them into three lots of equal front footage. The developer sold the lots for $230 per front foot. Calculate the developer's percentage of profit (round to the nearest whole percentage point).
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1. The company offers for sale from a warehouse a batch of 10 computers, 4 of which are defective. The buyer acquires 5 of them, not knowing about possible defects. What is the probability that all 5 computers will be defect free?
Answers
The probability that all 5 computers will be defect-free can be calculated using the concept of probability and combinations.
Out of the 10 computers in the batch, 4 are defective. Since the buyer acquires 5 computers, there are several combinations of computers that the buyer could receive. We need to find the probability of selecting a combination where all 5 computers are defect-free.
The total number of possible combinations when choosing 5 computers from a batch of 10 is given by the combination formula: C(10, 5) = 10! / (5! * (10-5)!), which is equal to 252.
Out of these combinations, only one combination has all 5 computers defect-free. Therefore, the probability that all 5 computers will be defect-free is 1/252, which is approximately 0.00397.
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Tim Horton wants to raise funds to open a branch of their coffee shop in Trinidad. To raise the funds, Tim Horton would sell bonds 100 $1,000 par value with a coupon interest rate of 6%. The bonds would mature in 15 years and interest would be paid semi-annually. The required rate of return is expected to be 8%.
Requirement:
a) Calculate the value of one bond
b) What is the total amount Tim Horton would raise if all bonds were sold?
Answers
Answer:
a) The value of one bond is $837.08.
b) The total amount Tim Horton would raise if all bonds were sold is $83,708.
Explanation:
a) Calculate the value of one bond
This can be calculated as follows:
Annual coupon = Bond face value * Coupon interest rate = $1,000 * 6% = $60
Annual coupon discount factor = ((1 - (1 / (1 + r))^n) / r) .......... (1)
Where;
r = required semi-annual rate of return = required annual rate of return / number of semi-annual in a year = 8% / 2 = 0.08 / 2 = 0.04
n = number of semi-annuals = number of years * number of semi-annual in a year = 15 * 2 = 30
Substituting the values into equation (1), we have:
Semi-annual coupon discount factor = ((1-(1/(1 + 0.04))^30) / 0.04) = 17.2920333006645
Present value of coupon = ((Annual coupon / number of semi-annual in a year) * Semi-annual coupon discount factor) = (($60 / 2) * 17.2920333006645 = $528.76
Present value of the face value of the bond = Face value of the bond / (1 + r)^n = ($1,000 / (1 + 0.04)^30 = $308.32
Therefore, we have:
Bond value = Present value of coupon + Present value of the face value of the bond = $528.76 + $308.32 = $837.08
Therefore, the value of one bond is $837.08.
b) What is the total amount Tim Horton would raise if all bonds were sold?
Number of bonds expected to be sold = 100
Value of one bond = $837.08
Total amount that would be raised = Number of bonds expected to be sold * Value of one bond = 100 * $837.08 = $83,708
Therefore, the total amount Tim Horton would raise if all bonds were sold is $83,708.
SOLVE THE GRAPH AND THE SUPPLY OR SHORTAGE AND THE PRESSURE OF PRICE
Answers
Answer:
probably cant figure it out
Explanation:
Management accountants are frequently asked to analyze various decision situations including the following: The cost of a special device that is necessary if a special order is accepted. The cost proposed annually for the plant service for the grounds at corporate headquarters.
Answers
Analyze costs for special device and annual plant service expenses.
How do management accountants analyze costs?Management accountants are often tasked with analyzing decision situations that involve various cost considerations. One such situation is assessing the cost of a special device that may be required if a special order is accepted.
This analysis involves evaluating the cost of acquiring and implementing the device against the potential benefits and profitability of accepting the order. Another decision scenario involves estimating the annual cost of plant service for the grounds at corporate headquarters.
This analysis requires assessing the various costs associated with maintaining the grounds, including labor, equipment, supplies, and any contracted services. By evaluating these costs, management accountants can provide valuable insights to support decision-making processes and help optimize resource allocation.
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Calculate the GDP using the table and choose the correct answer.
A) $602
B) $584
C) 298
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why is the earth round why not a square or a triangle
Answers
Answer:
because science.
Explanation:
a square shaped earth would be cool tho
The mass is distributed unevenly within the planet, and the greater the mass is the stronger it gravitational pull is creating bumps around the globe.
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imapct of prioritizing multigenerational workforce
Answers
Prioritizing a multigenerational workforce can have a significant impact on organizations. By recognizing and valuing the diverse skills, experiences, and perspectives of employees across different generations, businesses can reap several benefits.
Firstly, a multigenerational workforce brings a wealth of knowledge and expertise. Each generation brings unique skills and experiences that can be shared and leveraged for the benefit of the organization. Older generations often possess valuable industry insights and institutional knowledge, while younger generations bring fresh perspectives, technological proficiency, and innovative ideas. Secondly, fostering a multigenerational workforce enhances collaboration and creativity.
Encouraging intergenerational collaboration allows employees to learn from one another, exchange ideas, and find creative solutions to problems. It can lead to increased teamwork, improved problem-solving, and enhanced overall productivity. Moreover, prioritizing a multigenerational workforce promotes inclusivity and diversity. By embracing employees from different age groups, organizations can create an inclusive culture that values individual contributions, irrespective of age.
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Your Net Worth is all of your assests minus your liabilities.
True
False
Answers
true
If you don't know what your liabilities are you will be hit with unknown costs
what is the relationship between the average inventory and the in-stock probability?
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Answer:
the relationship is that the more inventory there is the higher the stock-in probability
Business started by sulav investing cash
RS. 50,000 and bank balance RS. 100,000.
Answers
Answer:
particular. l.f. Dr.rs. Cr. rscash A/C. 50,000
BANK A/C 100,000
TO CASH A/C. 150,000
Business started by sulav investing cash Rs. 50,000 and bank balance Rs. 100,000 so the cash account on 150,000.
What is business?
The term “business” refers to earning a profit. The business is taking the risk and earning the profit. The business is mainly focused on the activities of the creation, distribution, and selling of concepts. The businesses are interested in the investment as a future perspective.
According to the business are the started by the investing cash are the bank balance to the bank are the based on the journal entry.
The journal entry on the statement on the business.
Date particular l.f. Dr. Cr.
cash a/c 50,000
Bank a/c 100, 000
To cash a/c 150, 000
As a result, business started by sulav investing cash Rs. 50,000 and bank balance Rs. 100,000 so the cash account on 150,000.
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Select the correct answer from each drop-down menu.
What does a personal budget do?
A personal budget provides a ( salary slip, detailed account, summary)
of income and expenses for a (monthly,given,yearly)
period.
Answers
Answer:
A personal budget provides a detailed account of income and expenses for a period.
Explanation:
A personal budget is a plan of how one intends to spend their income. It shows the source of income and the total on one side. The expenses are listed on a different side. Each expenditure item is listed and its estimated amount is indicated. The total of all incomes and expenses is shown on their respective sides.
A personal budget may be prepared for a regular income say monthly, weekly, or quarterly payments. It can also be prepared for irregular incomes such as loans, gifts, or bonuses.
Answer:
A personal budget provides a Summary of income and expenses for a
Given period
Explanation:
got it right on the test for edmentum.
career question #35 easy
Answers
MetLife was able to dramatically expand its global footprint by acquiring Alico, a global player in the insurance business, from AIG in 2010 when AIG was in financial distress. This shows that not all diversification moves erode performance.
a) true
b) false
Answers
Answer:
True
Explanation:
It is true that not all diversification erodes performance. That is it is not all diversification moves that reduces performance or destroys it. Sometimes diversification could lead to greater risks or greater costs of investment. By diversifying and acquiring Alico metlife was able to increase and expand globally
Measuring conversions is a good way to calculate your ROI. Which of the following is a commonly calculated conversion? a shares, b sediment, c downloads, d likes
Answers
A commonly calculated conversion from the list is shares. The answer to this question is option a.
What are shares?Shares can be described as a unit that is called mutual funds. The owner of a share is regarded as a shareholder.
Shares can be converted to be money. Therefore it is the best answer to this question.
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the marginal rate of substitution is ______________.
Answers
Answer:
the amount of goods a consumer is willing to buy compared to another good
Indicate whether the given items are examples of imports, exports, or neither. Assume the United States is the domestic country. Glen lives in the U.S. and purchases a video game produced in Japan. Veronica lives in Tennessee and buys an orange grown in Florida. neither import export neither export import A Chinese consumer purchases a 'v produced in China. A farmer in Iowa sells corn to a food processing plant in China import export export neither import neither ExxonMobil, a U.S. based oil company, sells oil to oil refineries in Brazil and Mexico. import export
Answers
The given items are examples of imports, exports, or neither. The correct choices are:
Glen lives in the U.S. and purchases a video game produced in Japan. - import Veronica lives in Tennessee and buys an orange grown in Florida. - neither A Chinese consumer purchases a TV produced in China. - export A farmer in Iowa sells corn to a food processing plant in China - export ExxonMobil, a U.S. based oil company, sells oil to oil refineries in Brazil and Mexico. - exportThe listed items can be determined as examples of imports, exports, or neither by using the definitions of each term given below:
Imports: An import is a product or service that is brought into one country from another. An import can be a finished good or a raw material.
Exports: An export is a product or service that is produced in one country and then sold to a foreign country.
Neither: A product or service that is produced and sold in the same country. This item does not involve any international trade transactions.
Based on these definitions, we can determine the examples as follows:
Glen lives in the U.S. and purchases a video game produced in Japan. - import (Glen purchases a good produced in a foreign country and brings it into the U.S.)Veronica lives in Tennessee and buys an orange grown in Florida. - neither (Veronica purchases a good that is grown and sold in the same country, the U.S.)A Chinese consumer purchases a TV produced in China. - export (The TV is produced in China and sold to a foreign country, in this case, to a consumer in China.)A farmer in Iowa sells corn to a food processing plant in China - export (The corn is produced in the U.S. and sold to a foreign country, in this case, to a food processing plant in China.)ExxonMobil, a U.S. based oil company, sells oil to oil refineries in Brazil and Mexico. - export (ExxonMobil produces oil in the U.S. and sells it to foreign refineries, in this case, in Brazil and Mexico.)Learn more about Imports & Exports:
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what does it mean when the feds lower interest rates
Answers
Interest rates are lowered by the Fed in order to boost economic development. Reduced finance costs might entice people to borrow and invest. When interest rates are excessively low, however, they might stimulate excessive growth and perhaps inflation. On the other hand, if growth becomes excessive, the Fed will boost interest rates.