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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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May 31, 2018 June 30, 2018
lana [24]

Answer:

a. If the company issued $10,000 of common stock and paid no dividends

Net income = $87,000 - $10,000

= $77,000

b. If the company issued no common stock but paid cash dividends of $3,000.

Net income = $87,000 + $3,000

= $90,000

c. company issued $12,500 of common stock and paid cash dividends of $30,000

Net income = $87,000 - $12,500 + $30,000

= $104,500

Explanation:

The accounting equation shows the relationship between the elements of a balance sheet which are assets liabilities and equity. This may be expressed mathematically as

Assets = Liabilities + Equity

hence for May 31, 2018

$122,000 = $66,000 + Equity

Equity = $122,000 - $66,000

= $56,000

For June 30, 2018

$287,000 = $144,000 + Equity

Equity = $287,000 - $144,000

= $143,000

Difference in equity between the two dates

= $143,000 - $56,000

= $87,000

The equity is made up of common stock and retained earnings. The retained earnings is the accumulated balance of net income/loss over the period. This balance is reduced when dividend is paid to shareholders. Equity balance increases when shares are issued.

7 0
3 years ago
$16,281$⁢16,281 is invested, part at 15%15% and the rest at 13%13%. If the interest earned from the amount invested at 15%15% ex
aleksandr82 [10.1K]

Answer:

Ans. The amount invested at 13% was $1,595.97 and $14,685.03 were invested at 15%

Explanation:

Hi, you can solve this by using 2 equations, so let X be the portion of the money invested at 15% and Y be the amount invested at 13%. So the equation for the whole amount is:

X+Y=16,281

Now, the problem says that the money that you earn by investing at 15% exceeds the money received as interest in your investment of 13% by $1,995.27, this leads us to the second equation.

0.15X=0.13Y+1995.27

Now, to make it a little more friendly, we just have to go ahead and divide everything by 0.15, so we get.

X=0.8667Y+13,301.8

Now, in our first equation, we substitute X fo 0.8867(Y)+13,301.8 and we will see this.

0.8667Y+13,301.8+Y=16,281

Now, we solve for Y

1.8667Y=16,281-13,301.8

Y=\frac{2,979.2}{1.8667} =1,595.97

So the money invested at 13% was $1,595.97 therefore, the money invested at 15% was $16,281 - $1,595.97 = $14,685.03

And we can check this results like this. The money invested at 15% will return an amount of:

14,685.03*0.15=2,202.75

And the money invested at 13% will return

1,595.97*0.13=207.48

Substracting, we would found that the difference is:

2,202.75-207.48=1,995.27

Best of luck.

5 0
3 years ago
Suppose that Spain and Sweden both produce fish and wine. Spain's opportunity cost of producing a bottle of wine is 4 pounds of
Darya [45]

Answer:

A) 9 Pounds of Fish Per Bottle of Wine

Explanation:

A few things should be explained

1. Opportunity Cost - this is the benefit or value of the next best choice that has to be sacrificed when a choice is made between several alternatives.

2. Comparative Advantage: This describes the advantage when a business, individual or even a nation is able to maunfacture a good or offer a service at an opportunity cost that is lower than other competitors in the business. It simply means the ability to produce a good or service at a cost cheaper than one's competitors.

Step 1: By comparing the opportunity cost of producing wine in the two countries, you can tell that Spain (ability to produce a bottle for 4 pounds of fish as compard to 10 pounds by Sweden) has a comparative advantage in the production of wine

Also Comparing the opportunity cost of wine as well, Sweden has the comparative advantage in the production of fish (10 pounds of fish as compared to 3 pounds that can be produced by Spain for a bottle of while).

Step 2: The Trading of wine and fish between Spain and Sweden

a) as long as Spain is able to get more than 4 pounds of fish (what it can produce) for every exported bottle of wine, then it can gain from a trade with Sweden.

b) Also , as long as Sweden is able to receive more than 1/10 bottles of wine for each pound of fish it exports to Spain, it can gain from the specialization and trade.

Step 3: Prices of trade (of wine in terms of fish) will allow both Sweden and Spain gain from Trade.

The correct answer is 9 Pounds of Fish per bottle of Wine. This is correct because Spain can get more than the minimum 4 pounds of fish it needs and Sweden can receive more than 1/10 the bottles of wine it needs to make a gain.

5 0
3 years ago
Identify each of the following features as applying more to job order operations, process operations or both job order and proce
Fynjy0 [20]

Answer:

Identification of Features Applying More to Job Order Operations, Process Operations, or Both:

Features  

1. Cost object is a process.                                  Process Operations

2. Measures unit costs only at period-end.        Process Operations

3. Uses indirect costs.                                          Both

4. Transfers costs between Work in              

   Process Inventory accounts.                            Process Operations

5. Uses only one Work in Process account.       Job Operations

6. Uses materials, labor, and overhead costs.    Both

Explanation:

The main difference between the two operations is the manner costs are accumulated.  Job operations accumulate costs for different jobs that are not similar.  Process operations accumulate costs to show the process a product passes through.  The product of a process operation is not unique like the product of a job operation.

6 0
2 years ago
he Yachtsman Fund had NAV per share of $36.12 on January 1, 2016. On December 31 of the same year, the fund's NAV was $39.71. In
photoshop1234 [79]

Answer: 14.84%

Explanation:

To calculate the rate of return the investors received we will do a simple return formula to find out by how much, in terms of the Opening NAV, the fund has increased.

To find out how much the fund has increased by we can add up all the figures then deduct the opening balance.

= 39.71 + 0.64 + 1.13 - 36.12

= $5.36

$5.36 is the how much the fund has increased by.

Expressing it in percentage of the opening NAV per share we have,

= 5.36/36.12

= 0.14839424141

= 14.84%

14.84% is the rate of return that an investor received on the Yachtsman Fund in 2016.

7 0
3 years ago
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