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Phantasy [73]
3 years ago
8

In the market for used cars, the demand and supply equations are given by qd = 12,000 – 0.4p and qs = 0.1p + 5,000, where p is t

he price per car and q measures the quantity of cars. what happens at a price floor of $20,000?
Business
1 answer:
Anon25 [30]3 years ago
8 0

In this case you simply plug in 20,000 for p in both of the equations and then compare the values. If qd>qs then there is a inventory shortage. If qd<qs then you have a surplus.

qd= 4,000

qs = 7,000

More suppliers are willing to sell than consumers are willing to buy.

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Othello S. Corporation produces and sells a single product. The information about their operation for the last month is given be
Allushta [10]

Answer:

400 units

Explanation:

price per unit $40

variable costs per unit $20

fixed expenses $8,000

operating leverage = fixed costs / total costs

  • operating leverage = 2
  • fixed costs = $8,000
  • total costs = ($8,000 + total variable costs)

2 = $8,000 / ($8,000 + total variable costs)

2($8,000 + total variable costs) = $8,000

$4,000 + 0.5(total variable costs) = $8,000

0.5(total variable costs) = $4,000

total variable costs = $4,000/0.5 = $8,000

total variable costs = total output x variable cost per unit

$8,000 = total output x $20

total output = $8,000 / $20 = 400 units

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4 years ago
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Kobotan [32]

Answer:

b assign stories to be covered

3 0
3 years ago
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Nimfa-mama [501]
I think this is specific to your class or we need a bit more context!
8 0
2 years ago
At Park Incorporated, employees are allowed one-hour lunches, but it has become common that most stroll back fifteen minutes lat
julia-pushkina [17]

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b. social

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5 0
3 years ago
_____ includes banking and short- and long-term financing, investments, and cash management.
Ratling [72]

Controllership includes banking and short- and long-term financing, investments, and cash management.

<h3>What is Controllership?</h3>

The position of the controller, the position in charge, and the position in command are the definitions of controllership. An example of a person who holds the controllership responsibilities in a corporation is the person in charge of accounting and auditing.

The top accountant for a business or organization. The controller is in charge of both managerial and financial accounting and is the leader of the accounting division. He or she assists management in interpreting accounting data and taking the right action. Comptroller is another name for a controller.

Providing financial data for managers' and shareholders' reports as well as managing the overall operations of the accounting system are both responsibilities of the controllership.

Therefore, the correct answer is option C) Controllership.

The complete question is:

________ includes providing financial information for reports to managers and shareholders and overseeing the overall operations of the accounting system.

A) Internal audit

B) External audit

C) Controllership

D) Treasury

To learn more about Controllership refer to:

brainly.com/question/21305473

#SPJ4

8 0
1 year ago
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