An increase in the price of coffee beans can be expected to increase the demand for pie.
So, in the market if the price of coffee beans increases, quantity demanded for coffee will decrease. As, the coffee in turn is a complement to pie the consumers using coffee will now shift themselves to pie, unless the price decreases for coffee. Thus, the demand for pie is expected to increase now.
Several events could lead to such a change, an increase in population , an increase in incomes, or an increase in the price likely to increase the quantity of coffee demanded at each price.
Hence, this represents the Law of Demand.
To learn more about the Law of Demand here:
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The correct answer is 80 cable packages.
The following equation will solve this problem, where x equals the number of cable packages.
14,000 + 100x = 20,000 + 25x
First, subtract 25x from both sides:
14,000 + 75x = 20,000
Next, subtract 14,000 from both sides;
75x = 6,000
Finally, divide both sides by 75.
X = 80
Therefore, the answer is 80 cable packages.
Answer:
the estimation of the cost of equity is 7.4%
Explanation:
The computation of the estimation of the cost of equity is shown below:
Here we used the Capital Asset Pricing model formula i.e.
Cost of equity = Risk free rate + Beta × market risk premium
= 6% + 0.20 × 7%
= 6% + 1.4%
= 7.4%
Hence, the estimation of the cost of equity is 7.4%
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
A) Connection B)Coordination C)Cooperation D)Capability Development E)Colut
Explanation:
A) This step is to create an environment where people freely communicate in order to CONNECT them to each other.
B) This step is to bring different aspects of activity into an efficient work flow to improve COORDINATION
C) This step is to make people work together or COOPERATE to achieve a common objective
D) This step is to Develop competencies of individuals
E) This step is to dedicating more resources on activities that will have an influence or CLOUT on the business
Answer:
Socialism involves an economic ideology in which the government or state plays a strong role in the economy and may own stakes in certain businesses
Explanation:
Socialism is an Economic system owned, managed & run by state (government). The central problems of economy : what, how, for whom to produce - are solved by state. State decisions are based on social welfare guidelines. Market forces are insignificant, private accumulation of property is not there.
However, in Capitalist system - resources are owned, managed, controlled by private sector. The central problems of economy are solved by private sector, as per market forces & profit maximisation guideline. Private accumulation of property is allowed. The system has two classes : Bourgeoisie (Capitalist wealthy entrepreneur class) & Proletariat (Labourers)
So, Socialism having everything under state control, has no classes -Bourgeoisie (entrepreneurs) & Proletariat (Labourers). Hence, it is a Classless Economic System
