Explain the common ingredient in all types of success

True or False: A price ceiling below $25 per box is not a binding price ceiling in this market. True False Because it takes many

jeyben [28]

Answer:

1. False

2. Shortage; Larger

Explanation:

1. A binding price ceiling is one that prevents the market from reaching its equilibrium. In this market, the equilibrium price is $25 therefore anything below $25 will be binding. A price ceiling below $25 per box is a binding ceiling.

2. Assuming that the long-run demand for oranges is the same as the short-run demand, you would expect a binding price ceiling to result in a shortage that is larger in the long run than in the short run.

In the long run, supply is more sensitive because farmers can decide to plant oranges on their land, to plant something else, or to sell their land altogether.

This means that a price ceiling in the long run will be less attractive to farmers so they might leave the market. If they do this then the shortage will be more as there are now less supplies in the market.

7 0

3 years ago

Calcular el valor futuro de $2,500 que se ahorran al final de cada mes por un periodo de 4 años con una tasa de interés del 9% a

amm1812

Answer:

VF= $143.801,78

Explanation:

Dada la siguiente información:

Deposito mensual (A)= $2.500

Cantidad de periodos (n)= 4*12= 48 meses

Interes mensual (i)= 0,09/12= 0,0075

Para calcular el valor futuro (VF), debemos usar la siguiente formula:

VF= {A*[(1+i)^n-1]}/i

VF= {2.500*[(1,0075^48) - 1]} / 0,0075

VF= $143.801,78

5 0

3 years ago

Jeremy and Alyssa Johnson have been married for five years and do not have any children. Jeremy was married previously and has o

patriot [66]

Solution:

Gross income : 262000

a) Ordinary and necessary business expenses

amount explanation

108850 Ordinary expenses associated with Jeremyâs

business (42250+47700+18900)

b) Unreimbursed employment expenses

amount explanation

- Un reimbursed employee business expenses

are deductible from AGI not for AGI

c) Real property taxes and investment expenses.

amount explanation

- Taxes and investment expenses

are deductible from AGI not for AGI

d) Rental expenses

amount explanation

8590 Rental expenses are deductible for

AGI even though they aretechnically investment or

production of income expenses.

e) Self-employed health insurance

amount explanation

4590 Jeremy may deduct all the costs of his

health insurance because he is not eligible

for health plan

f) Self- employment taxes

amount explanation

1295 Â½ of self-employment taxes allowed

as for AGI deduction

g) Alimony

amount explanation

5180 Alimony is allowed for AGI deductions

h) Donations

amount explanation

- Charitable contributions are from

not for AGI deductions

Total for AGI deductions Amount

128505

AGI 135495

8 0

2 years ago

Suppose the market for corn is a purely competitive, constant-cost industry that is in long-run equilibrium. now assume that an

sergij07 [2.7K]

After all resulting adjustments have been completed, the new equilibrium price will less than the initial price and output. The same will happen to the industry output. In each situation in which an increase in product demand occurs in a decreasing-cost industry the result is: the new long-run equilibrium price is lower than the original long-run equilibrium price.

5 0

2 years ago

A telephone customer service center wants to ensure that the majority of its customers’ calls are answered within a reasonable a

mr_godi [17]

Answer:

The Capability Index for this process is 1.04. The right answer is B

Explanation:

According to the given data we have the following:

μ = 31 Seconds

USL = 45

LSL = 10

Standard deviation σ= 4.5

Therefore, in order to calculate the Capability Index for this process we would have to use the following formula:

Cpk=Min( USL-μ , μ- LSL)

3×σ 3×σ

Cpk=Min( 45-31 , 31- 10)

3×4.5 3×4.5

Cpk = Min ( 1.04,1.56) = 1.04

The Capability Index for this process is 1.04

7 0

2 years ago