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Andrew [12]
2 years ago
15

When the price of chocolate chip cookies increased to $3 per package, Samantha began to buy oatmeal cookies

Business
1 answer:
abruzzese [7]2 years ago
7 0

substitution effect The supply curve slopes upward because at a higher price, producers have an incentive to produce more.

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rom a neoclassical perspective, which of the following would most likely be viewed as an element that underpins long-run product
zepelin [54]

Answer:

The correct answer is the third option: Investments in human capital.

Explanation:

To begin with, the neoclassical economics focus mostly in the study of the economy by paying most of the attention to the individual parts of it, saying that, this science accepts a methodological individualism and it focus in a rationality at long term and that is why it basically would find the investment in human capital as an element that would underpins long run productivity growth in the economy. Moreover, there is a principle in a neoclassical theory that states that the individuals act over the bases of complete and relevant information and therefore that it must focus on them primarily by investing in them.

4 0
3 years ago
If you want to start a fire using sunlight, which kind of mirror would be most efficient
telo118 [61]
A concave mirror because a concave mirror can focus light rays to a point
3 0
3 years ago
g A speculator buys a call option for $3, with an exercise price of $50. The stock is currently priced at $49, and rises to $55
azamat

Answer:

$53

Explanation:

Call option is $3

Exercise price is $50

The stock is currently priced at $49

It rises to $55 on the expiration date

Therefore the cost price at which the speculator will break even can be calculated as follows

= ($50-$3)+($55-$49)

= $47 + $6

= $53

8 0
3 years ago
The "bail-out" money that went to giant financial institutions like citibank and goldman sachs, along with general motors and ch
allsm [11]
The bail-out money that exited to giant financial organizations like citibank and goldman sachs beside with general motors and Chrysler came from the troubled assets relief program. The troubled assets relief program is a program of the united states government to buy toxic assets and equity from financial organizations to reinforce its monetary sector that was employed into law by president george w. bush on october 3, 2008.
5 0
3 years ago
Calculate the presentvalue of $5,000 received five years from today if your investments pay a. 6 percent compounded annually b.
Goryan [66]

Answer: 3736.30 ,  3402.90 ,  3104.60 , 3069.56 , 3051.35

Explanation: We can compute present values by using the following formula :-

=\:present\:value\:=\frac{future value}{\left ( 1+interest\:rate\right )^{no. of periods}}

=\:present\:value\:=\frac{5000}{\left ( 1+o.o6\right )^{1}} = 3736.30

=\:present\:value\:=\frac{5000}{\left ( 1+o.08\right )^{1}} = 3402.90

=\:present\:value\:=\frac{5000}{\left ( 1+o.1\right )^{1}} = 3104.60

=\:present\:value\:=\frac{5000}{\left ( 1+o.1\right )^{2}} = 3069.56

=\:present\:value\:=\frac{5000}{\left ( 1+o.1\right )^{4}} = 3051.35

7 0
3 years ago
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