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1 year ago

How is the market supply curve derived from the supply curves of individual producers?.

1 answer:

8 0

The way that the market supply curve is derived from the supply curves of individual producers is by horizontally adding the individual supply curves.

<h3>How is the market supply curve estimated?</h3>

The market supply curve is estimated by adding up all the individual supply curves in the market. This therefore shows the total amount os supply for a good or service in the market.

The way that this addition is done is by horizontally adding the supply curves. What this means is that the quantities that are being offered by each individual suppliers at the various prices in the market, are added up to come up with the market supply curve.

Options for this question are:

a. finding the average price at which sellers are willing and able to sell a particular quantity of the good.
b. vertically summing individual supply curves.
c. finding the average quantity supplied by sellers at each possible price.
d. horizontally summing individual supply curves.

Find out more on the market supply curve at brainly.com/question/26430220

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QUESTION ONE (1)

Hunter-Best [27]

Y’all really be posting the whole passage on here, at this point y’all are just lazy to actually work it out

3 0

3 years ago

A process that produces computer chips has a mean of .04 defective chip and a standard deviation of .003 chip. The allowable var

Anarel [89]

Answer:

a) 0.667

b) Yes

Explanation:

Data provided in the question:

Mean = 0.04

Standard Deviation = 0.003

Upper Specification Limit, USL = 0.046

Lower Specification Limit, LSL = 0.034

Now,

a) Capability Index is given as:

Cp = $\frac{(USL-LSL)}{(6\sigma)}$

Cp = $\frac{(0.046-0.034)}{(6\times0.003)}$

Cp = 0.667

Also,

Cpk = min( $\frac{(USL-Mean)}{(3\sigma)},\frac{(Mean-LSL)}{(3\sigma)}$

Cpk = min( $\frac{(0.046-0.04)}{(3\times0.003)},\frac{(0.04-0.034)}{(3\times0.003)}$

Cpk = min( 0.667 , 0.667 )= 0.667

Since,

Cp and Cpk are same in this case

therefore, it is ideal condition and process is capable

b) yes

6 0

3 years ago

The investment most affected by local conditions is:

Tems11 [23]

Savings accounts . . .
   interest rates are most determined by the state of
   the national economy.

Mutual funds . . .
Treasury bills . . .
   traded on nationwide exchanges; prices and returns
      are pretty uniform nationwide.

Real estate . . .
   rests directly on local conditions in each city, and sometimes even in
      different parts of the same city;
   affected by things like local unemployment, local bad weather,
      local price of gas, local tourism, local special events, etc.

4 0

3 years ago

Read 2 more answers

Emerald corporation's current ratio is 0.5, while ruby (emerald's competitor) company's current ratio is 1.5. Both firms want to

ruslelena [56]

Answer:

b. Only Emerald Corporation's current ratio will be increased.

Explanation:

Given that

Emerald current ratio is

= 0.5 i.e. = 0.5 ÷ 1

now in case when the current liability is doubles , so the current assets is

= 0.5 + 1 = 1.5

And, the cuurrent liabilities is

= 1 + 1

= 2

so new ratio is

= 1.5 ÷ 2

= 0.75

Now

Ruby current ratio is

= 1.5

i.e. = 1.5 ÷ 1

Now in case when the current liability is doubled,

the current assets is

= 1.5 + 1

= 2.5

And, current liabilities is

= 1 + 1

= 2

Now new ratio is

= 2.5 ÷ 2

= 1.25

Therefore the emerald current ratio is rised from 0.5 to 0.75

And, the Ruby's ratio has decline from 1.5 to 1.25

7 0

3 years ago

Journalize the following transactions for Combs Company.

Anarel [89]

Answer: See explanation

Explanation:

a. Debit: Raw material $12000

Credit: Account payable $11500

Credit: Material price variance $500

(To record material purchase)

b. Debit: Work in process 11600

Credit: Raw material 11200

Credit: Material price variance 400

(To record material issued)

Note:

Material price variance for (a)= 12000 - 11500 = 500

Work in progress = 5800 × 2 = 11600

Material price variance for (b) = 11600 - 11200 = 400

5 0

3 years ago