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Serjik [45]
3 years ago
11

A decrease in input costs in the production of LCD televisions caused the price of LCD televisions to decrease. Holding everythi

ng else​ constant, how would this affect the market for video game consoles​?
A) The demand for video game consoles would decrease and the equilibrium price of video game consoles would decrease.
B) The demand for video game consoles would decrease because consumers could afford to buy fewer LCD televisions and video game consoles.
C) The supply of video game consoles would increase and the equilibrium price of video game consoles would decrease.
D) The demand for video game consoles would increase and the equilibrium price of video game consoles would increase.

Business
1 answer:
BabaBlast [244]3 years ago
7 0

Answer:

The answer is C) The supply of video game consoles would increase and the equilibrium price of video game consoles would decrease.

Explanation:

If there are changes in production costs, the entire supply curve will shift. A shift in supply means a change in the quantity supplied at every price.A decrease in production costs will cause the supply curve to shift to the right ( increase in supply). The effect is shown in the diagram attached.

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3 years ago
A company manufactures three products, A, B, and C. The following information is available about the products on a per unit basi
borishaifa [10]

Answer:

Hi the demand for each  product for this question is missing, however, i have provided step by step approach to solving the problem below .

Explanation:

First Calculate the contribution per unit of each product

                                                        A                           B                            C

Sales price                                  $65.50                $57.50                  $75.25

Less Total variable cost            ($28.85)              ($26.50)                ($38.95 )

Less Direct material cost            ($11.25)                ($8.90)                 ($22.75)

Contribution                                $25.40                 $22.10                   $13.25

Calculate the contribution per limiting factor of each product and rank the products

<em>contribution per limiting factor = contribution per unit ÷ quantity per limiting factor per unit</em>

                                                        A                           B                            C

Contribution                                $25.40                 $22.10                   $13.25

Quantity of limiting factor             4.65                      6.3                          5.9

Contribution per limiting factor   5.46                      3.51                        2.25

Ranking                                            1                           2                             3

Allocate the limiting factor according to the limiting factor

The company will on produce Product A as this is the most profitable.

Contribution =  $25.40

7 0
2 years ago
Given the following information, calculate the debt coverage ratio of this commercial loan:
pishuonlain [190]

Answer:

1.50

Explanation:

The debt coverage ratio shows the extent to which the property is generating income in a bid to pay its debt service charge, it is computed using the below DSCR formula

DSCR= net operating income (NOI)/Debt service

net operating income (NOI)=$150,000

Debt service=interest expense or finance charge in the year=$100,000

DSCR=$150,000/$100,000

DSCR=1.50

The property in question is generating income that  is 1.5 times its debt servce yearly

3 0
2 years ago
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