1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Verizon [17]
3 years ago
10

The market for tennis shoes is in equilibrium. If the government increases business taxes, then we would expect to see a(n) incr

ease in supply. increase in quantity supplied. decrease in supply. decrease in quantity supplied. shortage in the market.
Business
1 answer:
Alinara [238K]3 years ago
6 0

Answer:

The market for tennis shoes is in equilibrium. If the government increases business taxes, then we would expect to see a decrease in supply.

Explanation:

When a market is in equilibrium, a situation occurs in which the quantity demanded and the quantity supplied are the same, with which there is neither a surplus nor a shortage in supply and demand.

Now, in the event of an increase in taxes that would increase the cost of production and the final price of the product, the quantity supplied will tend to decrease, since a smaller quantity of products will be produced for the same amount. Likewise, the final price will tend to rise, with which demand will also fall, finding a new equilibrium point.

You might be interested in
Phillips Co. is growing quickly. Dividends are expected to grow at a rate of 20 percent for the next three years, with the growt
mr_godi [17]

Answer:

$69.47

Explanation:

D1 = ($1.45*1.20) = $1.7

D2 = ($1.7*1.20) = $2.04

D3 = ($2.04*1.20) = $2.45

Value after year 3 = (D3*Growth Rate) / (Required rate-Growth Rate)

Value after year 3 = ($2.45*1.08) / 0.11-0.08

Value after year 3 = $2.646 / 0.03

Value after year 3 = $88.20

Current share price = Future dividend and value*Present value of discounting factor(rate%,time)

Current share price = $1.7/1.11 + $2.04/(1.11)^2 + $2.45/(1.11)^3 + $88.20/(1.11)^3

Current share price = $1.5315315 + $1.65571 + $1.7914189 + $64.49107

Current share price = $69.4697304

Current share price = $69.47

8 0
3 years ago
High-performance teams are characterized by: members with only individual accountability. members with specialty skills rather t
Soloha48 [4]

Answer:

extensive communication mechanisms.

Explanation:

High-performance teams is a term often used in organizational settings to describes teams that often performed better than other teams and beyond expectation. They are associated with various characteristics amongst others which are:

1. Presence of extensive communication mechanisms

2. Constant collaboration among team members

3. Define objectives and goals

4. Ability to tackle and resolve conflict amicably with speed.

7 0
3 years ago
You have your choice of two investment accounts. Investment A is a five-year annuity that features end-of-month $2,500 payments
oee [108]

Answer:

$119,176.06

Explanation:

Calculation for How much would you need to invest in B today

First step is to calculate the Future value of annuity (FVA)

FVA =$2,500 * ({[1 + (.115 / 12)](5 × 12) - 1} / (.115 / 12))

FVA = $201,462.23

Since we have known the FVA Second Step will be to calculate the Present value (PV)

PV = $201,462.23 × e-1 × .105 × 5

PV= $119,176.06

Therefore the amount that you would need to invest in B today will be $119,176.06

5 0
3 years ago
When a company expands by entering new business areas, it is called growth through __________?
garri49 [273]
When a company expands by entering a new business area, it is called growth through diversification. 

Diversity is the means of being different, new, exciting.. something not like another. When a business enters something new, it's called diversification because it's not like what they've done before. With this comes risk but huge growth potential.
7 0
3 years ago
Rita Ryan died leaving a will naming her children, John and Dale, as the sole beneficiaries. In her will, Rita designated John a
MrRa [10]

Answer:

C.  file a final account of the administration of the estate.

Explanation:

As in the question it is mentioned that Rita designated John for her estate and at the time of her death, she have owned a land parcel with her sister namely Ann

So in this case, John as an executor must to file a estate administration final account and it also represents the beneficiary

Hence, the option c is correct

7 0
3 years ago
Other questions:
  • Why is most of Australia unsuitable for agriculture
    15·1 answer
  • Fayol's Principles of Management provide an accurate description of what managers actually do on the job.​
    9·1 answer
  • You are investigating a problem with the motherboard, what are the two main components to check out?
    13·2 answers
  • Why is it important to compute real GDP?
    6·1 answer
  • What are examples of short-term goals? Check all that apply.
    15·2 answers
  • Morganton Company makes one product and it provided the following information to help prepare the master budget: The budgeted se
    10·1 answer
  • Give an example of how businesses use demographic information ECONOMICS
    12·1 answer
  • Given that the income of franchise restaurant managers is directly tied to profits and the income of the manager of the company
    14·1 answer
  • A furniture dealer purchased a desk for $150 and then set the selling price equal to the purchase price plus a markup that was 4
    6·1 answer
  • The welding department supplies parts to the final assembly line. Management decides to implement a kanban system and has collec
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!