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2 years ago

What will be the resulting change in equilibrium of the chocolate bar market

1 answer:

3 0

Equilibrium price will increase and quantity will decrease will be the resulting change in the equilibrium of the chocolate bar market.

The equilibrium charge is the rate at which the amount demanded equals the amount supplied. It's far decided through the intersection of the demand and deliver curves. A surplus exists if the amount of an excellent or carrier provided exceeds the amount demanded on the contemporary charge; it causes downward strain on the charge.

Equilibrium is the nation wherein market supply calls for balance every other, and as a result, costs come to be strong. Typically, an over-supply of goods or services causes expenses to move down, which results in a higher call for—while an underneath-deliver or shortage causes fees to head up resulting in less demand.

Upward shifts inside the supply and demand curves have an effect on the equilibrium rate and amount. If the deliver curve shifts upward, meaning deliver decreases however demand holds constant, the equilibrium rate will increase but the quantity falls.

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Firm J has net income of $77,605, sales of $935,000, and average total assets of $467,500. Required: Calculate Firm J’s margin,

inna [77]

Answer:

Firm J's margin= 8.3%

Firm J's turnover= 2

Firm J's ROI= 16.6%

Explanation:

Form J has a net income of $77,605

The sales is $935,000

The average total assets is $467,500

Firm J's margin can be calculated as follows

Margin= Net income/sales

= $77,605/$935,000

= 0.083×100

= 8.3%

Firm J's turnover can be calculated as follows

Turnover= Sales/Average Total assets

= $935,000/$467,500

= 2

Firm J's return on investment can be calculated as follows

ROI= Net income/Average Total assets

= $77,605/$467,500

= 0.166×100

= 16.6%

Hence Firm J's margin, turnover and return on investment is 8.3%, 2 and 16.6% respectively.

3 0

3 years ago

Of the last 100 customers entering a computer shop, 25 have purchased a computer. If the classical method for computing probabil

nlexa [21]

Answer:

correct option is b.0.50

Explanation:

given data

computer shop = 100 customers

purchased computer = 25

solution

we know that past data does not affect the probability of next outcome

so when they buying computer or net

so here

probability of customer buy computer is = $\frac{1}{2}$ = 0.5

and

probability of customer not buy computer is = $\frac{1}{2}$ = 0.5

so here chance of buying as they buying or not buying is 50 %

so correct option is b.0.50

3 0

3 years ago

When the Federal Reserve seeks to contract the money supply, it may Group of answer choices sell securities and raise the target

shutvik [7]

Answer:

Option "Sell securities but instead start raising the federal objective Rate of funds" is the right response.

Explanation:

Across the whole of collective memory, the free-market community had already progressed thru all the boom-and-bust phases.
The Federal Reserve must have been designed to assist start reducing this year's injuries caused mostly during depressions but instead provided several other effective features to impact the money supply. Continue reading to learn how well the Fed is managing this same money supply.

Some other decisions are not comparable to the type of situation in question. So that is the correct choice.

8 0

3 years ago

Raphael lives in New York City and runs a business that sells guitars. In an average year, he receives $735,000 from selling gui

dlinn [17]

Answer:

Explicit cost

The wages and utility bills that Felix pays

The wholesale cost for the guitars that Felix pays the manufacturer

Implicit cost

The rental income Felix could receive if he chose to rent out his showroom

The salary Felix could earn if he worked as a paralegal

Accounting profit = $45,000

Economic profit = $11,000

Explanation:

Implicit cost also known as opportunity cost is the cost of the next best option forgone when one option is chosen over another option.

When Felix decides to open a guitar shop, he would be forgoing the opportunity of working as a paralegal.

Also, he would be forgoing the opportunity of earning rental income from his showroom.

Explicit cost is the actual cost incurred

Accounting profit = Revenue - Total Explicit Costs

Total Explicit Costs = $435,000 + $255,000 = $690,000

$735,000 - $690,000 = $45,000

Economic profit = Accounting profit - Implicit cost

Total implicit costs = $24,000 + $10,000 = $34,000

$45,000 - $34,000 = $11,000

5 0

4 years ago

The accounting records of EZ Company provided the data below. Net income $ 64,250 Depreciation expense 13,750 Increase in invent

andrey2020 [161]

Answer:

Net cash flows from operating activities = $94,750

Explanation:

Net cash flows from operating activities = Net income + Depreciation expense - Increase in inventory - Decrease in salaries payable + Decrease in accounts receivable + Amortization of patent + Amortization of premium on bonds + Increase in accounts payable

=> Net cash flows from operating activities = $64,250 + $13,750 - $4,875 - $3,575 + $6,500 + $1,025 + $6,925 + $10,750

=> Net cash flows from operating activities = $94,750

N.B. Cash Dividends fall under Cash Flow from Financing Activities, that's why it has not been taken in account in Net cash flows from operating activities.

6 0

4 years ago