All categories

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

#SPJ1

You might be interested in

After a major earthquake, the San Francisco Opera Company is offering zero coupon bonds to fund the needed structural repairs to

tekilochka [14]

Answer:

Buster Norton and the Bonds of San Francisco Opera Company

If Mr. Norton purchases three of these bonds today, in 10 years from today at maturity, he will receive:

= $6,000.

Explanation:

a) Data and Calculations:

Face value of each zero coupon bond purchased = $2,000

Number of bonds purchased by Norton = 3

Value of bond investments at maturity = $6,000 ($2,000 * 3)

Maturity period of the San Francisco Opera Company bonds = 10 years

Annual Yield to Maturity of similar bonds in the market = 12%

From an online financial calculator:

Present value of bonds = $1,932 (with each as $644 ($1,932/3))

N (# of periods) 10

I/Y (Interest per year) 12

PMT (Periodic Payment) 0

FV (Future Value) -6000

Results

PV = $1,931.84

Total Interest $4,068.16

3 0

3 years ago

In the united states today, what gives money its value?

BigorU [14]

The value of any money is determined by supplys and demands and the supplys and demands for other goods in the economy

8 0

3 years ago

Read 2 more answers

One of the first technologies to truly revolutionize the business use of information was a stone tablet.

denis23 [38]

One of the first technologies to truly revolutionize the business use of information was a stone tablet. FALSE.

Answer: One of the first echnologies to truly revolutionize the business use of information were paper and the printing press.

When these developments came about, they made it easier for communication to be shared between businesses, cities, and the economy. Allowing for paper and the printing press increased communication and made room for new jobs. As they grew and expanded, new people were hired which helped the economy get a boost of new funds.

3 0

3 years ago

__________ are a type of limited-function wholesaler that owns products they sell, but do not actually handle, stock, or deliver

bagirrra123 [75]

Answer:

Option C (Drop-shippers) is the correct choice.

Explanation:

Drop shipping would be a technique of retail fulfillment where a store does not maintain the items in stock that it advertises or sell. Instead, whenever a store offering its products that used the drop shipping framework, it buys goods from either a third party and it may have delivered the product straightforwardly.
The products are owned by Drop shippers but they have never handled or executed them.

Some other alternatives given weren’t linked to the scenario in question. So, the alternative above is the right one.

6 0

3 years ago

ST Trucking just signed a $3.8 million contract. The contract calls for a payment of $1.1 million today, $1.3 million one year f

Doss [256]

Answer:

The worth of the contract today = $3,480,817.37

Explanation:

To determine the worth of the contract today,

We will work out the present value of each of the expected future cash cash payment at a discount rate rate of 8.7% and sum them.

The present valus of the payments indicate how much they worth today if the ST Trucking can invest at a rate of 8.7% per annum

This is done as follows:

PV = 1,100,00× (1.087)^(-0) + (1,300,000 × (1.087)^(-1) + (1400000 ×(1.087)^(-2)

PV = 1,100,000 + 1,195,952.2 + 1,184,865.2

= $3,480,817.37

The worth of the contract today = $3,480,817.37

7 0

3 years ago