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2 years ago

the accompanying diagram depict's alex's demand for shoes. a. if shoes cost $50 a pair, how many pairs of shoes will alex buy?

Business

1 answer:

luda_lava [24]2 years ago

6 0

If shoes cost $50 a pair, the number of shoes she would buy is 5.

<h3>How many shoes will she buy?</h3>

The image shown is a demand curve. A demand curve shows the relationship between price and quantity demanded. Price is on the y-axis and quantity demanded is on the x-axis.

In order to determine the quantity demanded, trace $50 to the curve and trace it down to the x axis.

Please find attached the diagram used in answering this question. To learn more about the demand curve, please check: brainly.com/question/25140811

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Assume that a hypothetical economy with an MPC of 0.8 is experiencing severe recession. Instructions: In part a, round your answ

Natali5045456 [20]

Answer:

The by $10 billion would government spending have to rise to shift the aggregate demand curve rightward by $40 billion.

Explanation:

a) Spending multiplier = 1/(1 - MPC)

= 1/(1 - 0.8)

= 5

The required shift in spending = change in GDP/spending multiplier

= $40 billion/5

= $8 billion

Therefore, The by $10 billion would government spending have to rise to shift the aggregate demand curve rightward by $40 billion.

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4 years ago

what is the producer surplus if there is a $5 per unit transaction cost? (do not include the dollar sign $ in your answer)

Anarel [89]

11 is the producer surplus if there is a $5 per unit transaction cost.

Producer surplus is outlined because the distinction between quantity|the quantity|the number} the producer is willing to provide product for and therefore the actual amount received by him once he makes the trade. Producer surplus could be a live of producer welfare.

Transaction costs see the prices concerned in market exchange. These embrace {the prices|the costs} of discovering market prices and therefore the costs of writing and implementing contracts. The character and magnitude of dealing prices vary in several business eventualities. withal, these prices play a large role in business management and economic process.

The question is incomplete, find the complete question here

Where P0 = $5, PS,0 = $8, PS,1 = $11, P = $14, PB,1 = $16, PB,0 = $18 P1 = $20, Q0 = 40, Q1 = 80, and Q = 120.

What is the price the seller faces if there is a $5 per unit transaction cost? (Do not include the dollar sign $ in your answer)

To learn more about producer surplus here

brainly.com/question/26530265

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6 0

2 years ago

On November 30, 2020, a U.S. company purchased merchandise on credit from a Swiss supplier at an invoice price of CHF1,000, when

Ivanshal [37]

Answer:

The merchandise should be reported on the U.S. Company's December 31, 2020 balance sheet at:

b. $1,050

Explanation:

a) Data and Calculations:

November 30, 2020 Inventory purchase = CHF1,000

Exchange rate on this date = $1.05/CHF

Inventory worth = $1.05 * CHF1,000 = $1,050

b) The inventory should be reported on December 31, 2020 at $1,050. It does not need to be reported at a value above or below this. Even, the debt owed to the Swiss supplier will be reported at this price. It is when payment for the invoice is being made on February 1, 2021 that consideration will be given to the exchange rate at which payment is made.

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3 years ago

Core competencies in organizations generally relate to:_________.A) costB) qualityC) timeD) flexibilityE) all of the above

wolverine [178]

The answer is E all of the above, hope this helps :)!!

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3 years ago

A firm will find it profitable to hire workers up to the point at which their:

patriot [66]

Answer:

Explanation:

marginal resource cost is equal to their MRP.

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3 years ago