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2 years ago

What quantity will the sellers be able to sell after the imposition of the price floor?

1 answer:

7 0

If a price control makes production unprofitable or only slightly more lucrative than average, the amount supplied declines. A price limitation does not necessarily make output unprofitable or insufficiently profitable for all producers in a field.

Effects of a pricing floor. The government imposes a price floor to force consumers to pay manufacturers a minimum amount. In cases where the government feels that producers are obtaining an unjust amount, a price floor is created. With the sole purpose of aiding producers, price floors are imposed. Price floors do have certain negative market implications, though.

Price floor and pricing ceiling are both governmental measures of price regulation. But there is a limit or constraint on how low a price can be set for any good. Government-set minimum prices for specific goods and services are required by law in order to protect producers from receiving extremely low prices.

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Regina has made the same sales presentation twice a day for almost a month. At first, the presentation seemed to flow nicely but

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Answer:

The correct answer is C. Role playing.

Explanation:

It is a useful technique to handle difficult aspects or issues in which it is necessary to take different positions for better understanding. It consists of the spontaneous representation of a real or hypothetical situation to show a problem or information relevant to the contents of the course. Each student represents a role but can also exchange the roles they interpret. In this way they can approach the problem from different perspectives and understand the different interpretations of the same reality. The participation of the students does not have to follow a specific script, but it is important a delimitation and a planning prior to the implementation of the exercise.

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3 years ago

Suppose that a portfolio has a beta of 1.15. Over the period of one year, the portfolio had a return of 12.4% with a standard de

Darina [25.2K]

Answer and Explanation:

Given:

Weighted average β = 1.15

Average return (r) = 12.4%

Risk free return (Rf) = 1.2%

Market return (Rm) = 10.2%

Standard deviation (SD) = 16.2%

Computation of Jensen's α :

Jensen's α = r - [Rf + β(Rm - Rf)]

Jensen's α = 12.4% - [1.2% + 1.15(10.2% - 1.2%)]

Jensen's α = 12.4% - [1.2% + 10.35%]

Jensen's α = 12.4% - 11.55%

Jensen's α = 0.85%

Computation of Treynor's index :

Treynor's index (Ratio) = (r - Rf) / β

Treynor's index (Ratio) = (12.4% - 1.2%) / 1.15

Treynor's index (Ratio) = 11.2% / 1.15

Treynor's index (Ratio) = 9.73913043%

Treynor's index (Ratio) = 9.74% (Approx)

Computation of Sharpe's index :

Sharpe's index (Ratio) = (r - Rf) / SD

Sharpe's index (Ratio) = (12.4% - 1.2%) / 16.2%

Sharpe's index (Ratio) = 11.2% / 16.2%

Sharpe's index (Ratio) = 0.69 13%

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4 years ago

Answer the next question(s) on the basis of the following information for Manfred's Shoe Shine Parlor. Assume Manfred hires labo

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Answer:

3 units

Explanation:

Each unit sells at $3. We can calculate this by dividing $90 by 30 units = $3 per unit.

Since the total revenue with the sixth worker is $126, the total output = $126 / $3 = 42 units

Marginal product of the sixth worker = total output with six workers - total output with five workers = 42 - 39 = 3

Marginal product refers to the change in total output resulting from an increase in the number of inputs (workers in this case).

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4 years ago

If ticket prices were decreased by 10%, passenger flights would increase by 25%. However, total variable costs would increase by

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Answer:

Net income will remain same.

Explanation:

Net income is no change in net income because the sales is increase as the price of decreased. Net impact is zero.

For Example:

Price = 100

Variable cost = 50

Flights = 100

Net income = (100-50) x 100 = $5,000

Revised Calculation

Price = 100 x 90% = $90

Variable cost = 50

Flights = 100 x 125% = 125

Net income = (90-50) x 125 = $5,000

There is no change in the net income.

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4 years ago

A company has a selling price of $1,950 each for its printers. Each printer has a 2 year warranty that covers replacement of def

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Answer:

$100980

Explanation:

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3 years ago

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