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butalik [34]
1 year ago
8

suppose that the publisher of this textbook sets the price of the textbook to $90, and the current resale value is $60. at this

price, the quantity of new textbooks demanded is approximately per year. the publisher holds the price of the textbook constant at $90 over the life of this latest edition. two years after the release of this edition, the expected resale value of the textbook falls to $50. the quantity of new textbooks demanded is now approximately per year.
Business
1 answer:
DiKsa [7]1 year ago
4 0

At the new price, the quantity that will be demanded will be 300,000 textbooks.

At $50, the demand will be 267,000 textbooks.

<h3>What is demand?</h3>

It should be noted<u> </u>that demand simply means the amount of goods and services that the consumer will buy at a particular price and time.

Now when the price falls to $50 due to the decrease in demand in the market, the demand curve will then shift to the left and this will make the quantity demanded at $50 to be less than the previous price.

Therefore, it should be noted that at $50, the demand will be 267,000 textbooks.

Learn more about demand on:

brainly.com/question/1245771

#SPJ1

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Carlos does a good job of keeping track of his understanding of the material he is reading, and if he gets confused, he always r
padilas [110]

Answer:

Comprehension monitoring

Explanation:

This example suggests that Carlos has good Comprehension monitoring skills

4 0
2 years ago
Several years ago the Haverford Company sold a $1,000 par value bond that now has 25 years to maturity and an 8.00% annual coupo
kodGreya [7K]

Answer:

5.4%

Explanation:

Several years ago the Haverford Company sold a $1,000 par value bond that now has 25 years to maturity and an 8.00% annual coupon that is paid quarterly. The bond currently sells for $900.90, and the company’s tax rate is 40%. What is the component cost of debt for use in the WACC calculation

Face value of bond = coupon amount / interest rate

1000 = 80 / 8%

Therefore 900.9 = 80 / revised interest rate

multiply both sides by the 'revised interest rate

revised interest rate x 900.9 = 80

Hence, revised interest rate = 80  / 900.9 = 9%

Secondly if the company’s tax rate is 40%, the component cost of debt for use in the WACC calculation = kd (1 - t)

where:

kd = Cost of debt

t = tax rate

Therefore cost of debt for use in the WACC calculation = 9% (1-0.4) = 5.4%

4 0
2 years ago
The United States does not allow oranges from Brazil (the world's largest producer of oranges) to enter the United States. If Br
Nina [5.8K]

Answer:

The statement is True

If Brazilian oranges entered the United States, the number of oranges in the market would be higher, and if the quantity demanded remained more or less stable, the oranges prices would fall.

Changes in supply are those produced by anything other than price, thus, in this example we can see a change in supply, because the higher number of oranges has come from the market entry of new competitors : the brazilian orange providers.

5 0
2 years ago
Mr. Fitzgerald is selling his home to permanently move into a retirement facility near his daughter in a neighboring state befor
AysviL [449]

"Mr. Fitzgerald is selling his home to permanently move into a retirement" He must be automatically dropped from the plan because he is relocating outside of the service region. He will be able to choose a new plan during a special election term. This is further explained below.

<h3>What is prescription drug plan?</h3>

Generally, Prescription drug plans (PDPs) are another name for Medicare Part D. These policies are available on their own from private insurance providers.

In conclusion, He must be automatically dropped from the plan because he is relocating outside of the service region. He will be able to choose a new plan during a special election term.

Read more about prescription drug plan

brainly.com/question/14176332

#SPJ5

6 0
2 years ago
Jamison Company uses the reciprocal services method to allocate support department costs and has gathered the following informat
Daniel [21]

Answer:

a)J = 450,000 +(20% * C)

b)C =250000+ (50%*J )

c)J = 450000 + {20%* [250000+(50%*J)}

Explanation:

a)J = 450,000 +(20% * C)

This represent the total cost of Janitorial Department due to the fact that 450000 is a direct cost of janitorial department plus 20% of total cost of Cafeteria department allocated to Janitorial department.

b)C =250,000+ (50%*J )

This represent the total cost of cafeteria Department due to the fact that 250,000 is a direct cost of cafeteria department plus 50% of total cost of Janitorial department allocated to cafeteria department.

c)

Substituting the value of C determined in part b in part a

J = 450,000 + {20%* [250,000+(50%*J)}

Therefore in place of C in equation 1 ,the value of c determined in equation 2 is thereby substituted .

4 0
3 years ago
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