Suppose that both of the events you have just analyzed are partly responsible for the decrease in the price of hamburgers. Based on your analysis of the explanations offered by the two groups of students, how would you figure out which of the possible causes was the dominant cause of the decrease in the price of hamburgers?.
Answers
If the equilibrium quantity of hamburgers increases, then the supply shift in the market for hamburgers must have been larger than the demand shift.
The demand curve shifts to the correct. It occurs because people change by reversal to consuming pizza rather than hamburgers. With the new demand curve and also the given supply curve, the new equilibrium price increases.
A decrease in demand and a rise in supply will cause a fall in equilibrium price, but the effect on equilibrium quantity can not be determined. For any quantity, consumers now place a lower value on the price, and producers are willing to just accept a lower price; therefore, price will fall.
The demand curve shifts to the proper. It occurs because people turn to consuming pizza rather than hamburgers. Pizza and hamburgers are substitute goods. When the worth of substitutes decreases then demand for goods decreases similarly.
So, if the value of hamburgers has decreased then this can lead to decrease in demand for pizza. Given the provision of pizza, this decrease in demand for pizza will end in an increase within the price of pizza.
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Related Questions
According to a recent study, offering low-cost offices with basic services to new businesses in the early stages of development results in an 87% success rate of
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The study shows that offering of low-cost offices with basic services to new businesses in the early stages of development brings about a 87% success rate of incubator.
Who does the Incubators entails?The Incubators is a tool that offer a new businesses in the critical stage of early development low-cost offices with basic services such as accounting, legal advice, secretarial help etc
In conclusion, the study shows that offering of low-cost offices with basic services to new businesses in the early stages of development brings about a 87% success rate of incubator.
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As a bank makes loans based on its ________ reserves, the money supply is increased by the amount of the loans made by that single bank.
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As a bank makes loans based on its excess reserves, the money supply is increased by the amount of the loans made by that single bank.
A bank loan generally can be defined as a condition when a bank offers to lend money to consumers for a certain time period. The borrower will need to pay a certain amount of interest per month, or per year as a condition of the bank loan. Secured Bank Loan generally can be defined as a loan which uses an asset as collateral. The example of secured bank loan is mortgage loan.
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what is human resources in south Africa
Answers
Explanation:
Human resources refer to a country's population, their skills and abilities
Juan earns a gross pay of $44,500. His employee benefits are 18% of his gross pay. What is the value of his benefits?
Answers
Answer: I think its $8,100
Explanation:
i hope it helps
you receive an email from an outside organization that claims to need access to sensitive information for the purpose of an audit. what should you do?
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You should be cautious and follow proper protocol when receiving an email requesting access to sensitive information. It is important to verify the legitimacy of the outside organization and their request before granting access.
One way to verify the legitimacy of the organization is to contact them directly through a known and trusted phone number or email address. Additionally, it is important to ensure that the request aligns with your organization's policies and procedures for sharing sensitive information. It may also be necessary to consult with your organization's IT or security team before granting access.
When you receive an email from an outside organization claiming to need access to sensitive information for an audit, you should follow these steps:
1. Verify the legitimacy of the request: Check the sender's email address, the content of the email, and any links provided. Be cautious of unfamiliar or suspicious email addresses, requests for urgent action, and generic greetings.
2. Do not provide any sensitive information: Regardless of the content of the email, you should never provide sensitive information through email or click on any suspicious links.
3. Report the email: Notify your organization's IT security team or supervisor about the email. They can provide guidance on how to proceed and can investigate any potential security risks.
4. If the request is legitimate, follow the proper protocols: If it is confirmed that the request is legitimate, provide the necessary information following your organization's established procedures for information sharing and audits.
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¿Un producto tiene una EPD de 0,73. Qué podemos decir acerca de la Elasticidad de este producto? Explique.
Answers
Answer:
En este caso, EPD tiene un valor de 0,73, siendo menor que 1. Por lo que la demanda del bien es inelástica y la cantidad demandada aumenta (disminuye) en menor proporción de lo que baja (sube) el precio.
Explanation:
La elasticidad precio de la demanda (EPD) indica en qué medida los cambios en el precio alteran la demanda de productos o servicios concretos. En otras palabras, la elasticidad precio de la demanda señala cuánto varía la cantidad demandada de un bien cuando varía su precio.
Se calcula comparando el valor porcentual del cambio en el precio con el del correspondiente cambio en la demanda. Es decir, se define como el cambio porcentual en la cantidad demandada dividido por el cambio porcentual en el precio.
Si la EPD > 1, se dice que la demanda del bien es elástica y la cantidad demandada aumenta (disminuye) en mayor proporción en que baja (sube) el precio. La cantidad demandada aumenta (disminuye) en mayor proporción en que baja (sube) el precio.
Si la EPD < 1, se dice que la demanda del bien es inelástica y la cantidad demandada aumenta (disminuye) en menor proporción de lo que baja (sube) el precio. La demanda de un bien es inelástica cuando la reacción de los consumidores ante un cambio en el precio no es significativa.
Si la EPD = 1, se dice que la demanda del bien tiene elasticidad unitaria y la cantidad demandada aumenta (disminuye) en la misma proporción en que baja (sube) el precio.
En este caso, EPD tiene un valor de 0,73, siendo menor que 1. Por lo que la demanda del bien es inelástica y la cantidad demandada aumenta (disminuye) en menor proporción de lo que baja (sube) el precio.
How Can we Analysis for further
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Answer:
Questions can take the form of explaining the evidence or expanding on evidence; in other words, questions can give context or add meaning. Asking both kinds of questions is crucial to creating strong analysis.
How do businesses compete for customers?
Answers
Answer:
marketing team and review resources
5. What is the expected return for the portfolio? a. 9.541% b. 8.725% c. 11.796% d. 7.651% e. None of the above
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Expected return on asset A: 10%Expected return on asset B: 12%Expected return on asset C: 9%Percentage invested in asset A: 40%.
Percentage invested in asset B: 25%Percentage invested in asset C: 35%To find the expected return of the portfolio, we will apply the following formula; Expected return of the portfolio = (Percentage invested in asset A x Expected return on asset A) + (Percentage invested in asset B x Expected return on asset B) + (Percentage invested in asset C x Expected return on asset C)Expected return of the portfolio = (40% x 10%) + (25% x 12%) + (35% x 9%).
Expected return of the portfolio = 4% + 3% + 3.15%Expected return of the portfolio = 10.15%Therefore, the expected return for the portfolio is 10.15%. Answer: None of the above.
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In the United States, currency includes? A) gold, silver, and paper money. B) checking and savings account deposits. paper money and coins in circulation D) traveler's checks.
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In the United States, currency includes paper money and coins. The correct answer for your question is C) paper money and coins in circulation.
Paper money, also known as banknotes, consists of various denominations of bills issued by the Federal Reserve, the central banking system of the United States. Coins, on the other hand, are produced by the United States Mint and are made of metal. Both forms of currency are used as a medium of exchange and a store of value.
While gold and silver have been historically used as currency, they are no longer considered legal tender in the United States. As for checking and savings account deposits (B), they represent electronic forms of money and are not considered physical currency. Lastly, traveler's checks (D) are a type of pre-printed, fixed-amount money substitute used primarily for international travel, and they are not a standard form of U.S. currency.
In summary, the U.S. currency includes paper money and coins in circulation, which serve as a widely accepted medium of exchange for goods and services. Other forms of value, like account deposits and traveler's checks, have specific functions but are not considered standard currency in the same way as paper money and coins. The correct answer for your question is C) paper money and coins in circulation.
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Why Strategic Planning is an Important Life Skill?
Answers
Answer:
Explanation:
Because if you're able to plan things, its a useful skill for jobs, family planning etc. Its a useful skill to have.
When interest rates are high, consumers have a greater incentive to ______ more, but when interest rates are low, consumer have a greater incentive to ______. M
a. buy; sell
b. borrow; save
c. sell; buy
d. save; borrow
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When interest rates are high, then the consumers have a greater incentive to save more, but when interest rates are low, consumer have a greater incentive to borrow more.
What is Interest Rate?This refers to the charge which is given for a particular loan which is replayed after a certain time.
With this in mind, high interest rates are not appealing to customers so they rather save and then borrow when the interest rates are low.
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PLS HELP ME I NEED THIS DONE TODAY!!! What does the audience focus on when an entire photograph is in focus? OA. OB. O c. O D. They focus only on the subject of the image. They review the entire image. They mainly focus on the foreground. They mainly focus on the background.
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The answer is C. They mainly focus on the foreground in photograph.
When an entire is in focus, the audience's focus is not solely limited to the subject of the image. Instead, they tend to review the entire image, taking in all the details and elements present. While the subject may still attract initial attention, viewers often explore the composition as a whole.Photographs that are in sharp focus throughout offer a balanced visual experience, allowing viewers to engage with the foreground, middle ground, and background equally. This encourages them to examine various elements and relationships within the frame. To improve decision making and creativity in teams, several strategies can be employed. First, fostering open and inclusive communication is essential. Encouraging team members to freely express their ideas, opinions, and concerns creates a collaborative environment where diverse perspectives can be considered.Secondly, establishing a clear decision-making process can streamline the team's efforts. Defining roles and responsibilities, setting goals and objectives, and outlining the steps to reach a decision can enhance efficiency and effectiveness.Encouraging creative thinking and innovation is also crucial. Providing space for brainstorming sessions, idea generation, and exploration of different possibilities allows team members to think outside the box and come up with unique solutions.
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Two stores sell the same video game at the same price.
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which statements are true regarding revenue recognition over time and upon completion? (select all that apply.) multiple select question. revenue recognition upon completion is required for all long-term construction contracts. the same total amount of gross profit is recognized under both methods. revenue recognition over time provides a more realistic measure of a project's periodic performance. the timing of gross profit recognized is the same under both methods.
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The statements that are true regarding revenue recognition over time and upon completion are options (b) the same total amount of gross profit is recognized under both methods and (c) revenue recognition over time provides a more realistic measure of a project's periodic performance.
Revenue recognition upon completion is suitable for long-term contracts that span over a significant period, such as a year or more, while revenue recognition over time is suitable for contracts where performance occurs over time.
Under revenue recognition upon completion, revenue and gross profit are recognized once the contract is completed or substantially completed, while under revenue recognition over time, revenue and gross profit are recognized as the project progresses.
Both methods recognize the same total amount of gross profit over the life of the contract. However, revenue recognition over time provides a more accurate measure of the project's periodic performance, whereas revenue recognition upon completion does not provide any information about how the project is progressing until the end.
Therefore, the correct options are (b) the same total amount of gross profit is recognized under both methods and (c) revenue recognition over time provides a more realistic measure of a project's periodic performance.
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Which events could cause the change in demand shown on this graph?
Check all that apply.
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Answer:
Factors that can shift the demand curve for goods and services, causing a different quantity to be demanded at any given price, include changes in tastes, population, income, prices of substitute or complement goods, and expectations about future conditions and prices.
What is the equilibrium price in this market? $ 4.00 per bushel At what price is there neither a shortage nor a surplus? $ 4.00 per bushel Fill in the surplus-shortage column and use it to confirm your answers
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Based on the quantity demanded and the quantity supplied, the equilibrium price is $4.00 per bushel.
What is the Equilibrium Price ?This is the price at which quantity demanded and quantity supplied are equal. Price where there is no shortage or surplus.From the table, this price is shown to be $4.00 because the quantity demanded and the quantity supplied are both 75 thousand.
In conclusion, the equilibrium price is $4.00.
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Which one of the following statements is false? A. The activities along the critical path determine the completion time of the project. B. If one of the activities on the critical path is delayed, the entire project will be delayed. C. There may be more than one critical path in a project network. D. The critical path is the sequence of activities between a project's start and finish that takes the shortest time to complete.
Answers
Answer:
C.
Explanation:
The critical path is the sequence of activities between a project's start and finish that takes the shortest time to complete.
A Ground Fault Circuit Interrupter (GFCI) is designed to do which of the following?
Select all that apply.
Detect when the current leakage is greater than 5 mA.
Protect people from severe and sometimes fatal electrocution by monitoring for electrical leakage to ground.
Interrupt the flow of electric current by tripping quickly enough to prevent electrocution from leakage
Answers
Answer: Protect people from severe and sometimes fatal electrocution by monitoring for electrical leakage to ground.
Explanation:
The main purpose of a Ground Fault Circuit Interrupter (GFCI) is to ensure that when a person gets electrocuted, the flow of electricity is cut off quickly so that no serious injuries or death occurs.
It works by monitoring the electrical leakage to the ground by checking to see if the current going to and coming from the equipment differ by a certain amount and if it does, the GFCI will interrupt the circuit.
Answer:
All of them,
Explanation:
explain how extending credit builds customer loyalty.
Answers
Answer:
spending more to improve quality of product according to customers expectations
Walmart probably has the most ____ in its supply chain relationships because of its size, negotiating strength, and its commitment to improvement in its supply chain performance.
solidarity
power
weakness
franchises
justice
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Walmart probably has the most POWER in its supply chain relationships because of its size, negotiating strength, and its commitment to improvement in its supply chain performance. The correct term to fill in the blank is "power."
Walmart is likely to possess significant power within its supply chain relationships due to its size, negotiating strength, and commitment to improving its supply chain performance. As one of the world's largest retailers, Walmart's scale and market dominance provide it with leverage in negotiations with suppliers and other partners in its supply chain. Additionally, Walmart's focus on supply chain efficiency and sustainability initiatives can further enhance its power in shaping and influencing supply chain dynamics.
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Walmart probably has the most power in its supply chain relationships because of its size, negotiating strength, and its commitment to improvement in its supply chain performance.
Supply chain relationships involve the coordination and collaboration of multiple entities involved in the process of producing and delivering goods or services to customers. Walmart is one of the largest retailers in the world, which gives it significant bargaining power and leverage in its relationships with suppliers, manufacturers, and distributors. With its size and scale, Walmart can negotiate better prices, terms, and conditions with its suppliers, which helps it to keep costs low and offer competitive prices to its customers.
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if india traded textiles with the united states in exchange for corn products, this would be an example of which form of countertrade?
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The United States government will profit from the import taxes levied on textiles from India.
If trade obstacles are removed, the United States will suffer. The United States will suffer from the removal of trade barriers because a flood of Indian textiles will be poured into the nation, stunting the development of domestic textile manufacturing enterprises. India has a competitive advantage over the US in the production of textiles since they are in higher demand than aircraft, which are only seldom needed. The United States government will profit from the import taxes levied on textiles from India. Since India will produce textiles at the lowest cost per unit and flood the USA with reasonably priced, high-quality apparel, the government will benefit greatly from import tariffs.
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Matheson Electronics has just developed a new electronic device which, when mounted on an automobile, will tell the driver how many miles the automobile is traveling per gallon of gasoline.
The company is anxious to begin production of the new device. To this end, marketing and cost studies have been made to determine probable costs and market potential. These studies have provided the following information: a. New equipment would have to be acquired to produce the device. The equipment would cost 315,000 and have a 12 -year useful life. After 12 years, it would have a salvage value of about 15,000 . b. Sales in units over the next 12 years are projected to be as follows: c. Production and sales of the device would require working capital of 60,000 to finance accounts receivable, inventories, and day-to-day cash needs. This working capital would be released at the end of the project's life. d. The devices would sell for 35 the following; variable costs for production, administration, and sales would be 15 per unit. e. Fixed costs for salaries, maintenance, property taxes, insurance, and straight-line depreciation on the equipment would total 135,000 per year. (Depreciation is based on cost less salvage value.) f. To gain rapid entry into the market, the company would have to advertise heavily. The advertising program would be: g. The company's required rate of return is 14% .
Required:
(Ignore income taxes.)
(a) Compute the net cash inflow (cash receipts less yearly cash operating expenses) anticipated from sale of the device for each year over the next 12 years.
Answers
John need to invest $16393.44 with the process of simple interest.
What is simple interest?Simple interest is calculated based on a loan's principal or the initial deposit into a savings account. Simple interest doesn't compound, therefore a creditor will only charge interest on the principal sum, and a borrower will never be required to pay further interest on the interest that has already accrued.
Rate of interest = 12%principal + interest = $40000
Time = 12 years
Simple interest = \(\frac{p \times 12 \times 12}{100}\\=1.44p\)
Now principal + interest = 40000
\(\frac{p \times 12 \times 12}{100}\\=1.44pNow principal + interest = 40000\Rightarrow p+1.44p=40000\\\Rightarrow 2.44p=40000\\\Rightarrow p=\frac{40000}{2.44}\\\Rightarrow p= 16393.44\)
Therefore, John need to invest $16393.44.
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arts stream padhne se aacha to python ya java ki book pdf download kar lo usse padh lo
Answers
Answer:
Hahahahahahahha is it that much difficult
What is the answer I chose the one I thought was the answer
Answers
Answer: I think that ones the answer too
Answer:
c is
Explanation:
Select the correct answer.
In the United States, which assessment system measures inflation?
ОА.
demand for goods
OB. supply of goods
OC.
consumer price index
OD. money supply in the economy
Answers
Answer:
C. consumer price index
Explanation:
The consumer price index CPI is the index used in the USA to measure inflation. The CPI calculates changes in the weighted average prices of a basket of goods and services representing consumer expenditure in the economy. The average change in prices computed in the CPI communicates the rate of inflation.
Inflation is the average change in prices in the economy in time. The CPI measures the changes in the weighted average prices of a basket of goods and services representative of consumer spending. Therefore, the CPI measures the rate of inflation.
The three elements of the marketing concept are __________.
a. Market share, customer needs, marketing mix
b. Customer needs, company goals, profits
c. Channel management, customer needs, profits
d. Planning, target market, social media marketing
Answers
Answer:
B. Customer needs, company goals, profits
Explanation:
When the auditor is satisfied that the financial statements provide a fair representation of the company’s financial position and results of operation in accordance with generally accepted accounting principles, the auditor will express.
Answers
Auditors are professionals who are hired by the company to provide an independent opinion on whether the company’s financial statements provide a fair and accurate representation of the financial position and results of operations.
Auditors will perform various procedures, such as examining the company's financial records and transactions, to assess the accuracy and reliability of the financial statements. They will then express their opinion on whether the financial statements are free from material misstatements or errors.
If the auditor is satisfied that the financial statements provide a fair representation of the company’s financial position and results of operation in accordance with generally accepted accounting principles, the auditor will express an unqualified opinion.
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Which resource can you use to view business or suppliers divided into different categories?
You may use online or offline (blank) to view businesses or suppliers classified into different categories.
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Answer:
yellow pages
Explanation:
Answer:
It's "Yellow Pages"
Explanation:
I got it right!!
meaning of accounting
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Answer:
Accounting is the process of recording financial transactions pertaining to a business.