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mr Goodwill [35]
3 years ago
10

Explain the effects of each of the following factors on the market price and quantity of cell phones available in the market: an

increase in consumers’ income, technical improvements that reduce production costs, and a sharp decline in the cost of making fixed-line calls.
Business
1 answer:
Elina [12.6K]3 years ago
7 0

Explain the effects of each of the following factors on the market price and quantity of cell phones available in the market: An increase in consumers’ income = if there is an increase in consumers income, there may be a decrease in the cell phones available for purchase because more people would have money to purchase phones. If more people are willing and able to purchase phones, the market price may increase on the device. Technical improvements that reduce production costs = If production costs of the devices go down, the market price may decrease making the phones more affordable. If phones become more affordable and decrease in price, the quantity sold may rise to reflect the change. A sharp decline in the cost of making fixed-line calls = if the cost of making fixed-line calls decreases, there may not be any change to the market price of phones however their may be an increase in quantity sold.

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The government may pass laws to promote
Leviafan [203]

Answer:

economic strength.

Explanation:

6 0
3 years ago
The Career Cycle gives "10 tips on content and structure" of your resume. As a student, you may not have specific technical skil
bagirrra123 [75]

<u>Answer:</u>  Personal goals and team fit.

<u>Explanation:</u>

As a student I would not have any experience which I can talk about at the job interview. It is important that I show case my personal goals which are short term and long term career goals. I also need to show that I desire to join the team and have the ability to work as a good team member.

The common skills required to fit into a team such as management skills, leadership skills, communication skills, time management skills, organizing skills etc employers will not understand when I fail to take time to develop these skills.

7 0
2 years ago
Hook Industries's capital structure consists solely of debt and common equity. It can issue debt at rd = 11%, and its common sto
ANTONII [103]

Answer:

16.30%

Explanation:

Calculation for what the percentage of the company's capital structure consists of debt

Using this formula

rs=D1/P0+g

First step is to find the D1 using this formula

D1=(1+Dividend expected grow constant rate) *+Dividend per share

Let plug in the formula

D1=(1+0.07)*$2.00

D1=1.07*$2.00

D1=$2.14

Now let find the percentage of the company's capital structure Using this formula

rs=D1/P0+g

Let plug in the formula

rs=$2.14/$23.00+0.07

rs=0.09304947+0.07

rs=0.1630*100

rs=16.30%

Therefore the percentage of the company's capital structure consists of debt will be 16.30%

5 0
3 years ago
In the month of March, Sandhill Salon services 630 clients at an average price of $120. During the month, fixed costs were $26,1
vichka [17]

Answer:

<em>Part 1.  total contribution margin in dollars</em>

Total Contribution Margin  = $37,800

<em>Part 2. per unit contribution margin</em>

contribution margin per unit of sell  = $ 60

<em>Part 3. contribution margin ratio</em>

contribution margin ratio  = 50 %

<em>Part 4. break-even point in dollars</em>

break-even point in dollars  = $ 52,320

<em>Part 5. break-even point in units</em>

break-even point in units  = 436 clients

Explanation:

<em>Part 1.  total contribution margin in dollars</em>

contribution margin per unit of sell = Sales Price × 50%

                                                             = $120 × 50%

                                                             = $ 60

Total Contribution Margin = Number of Clients × Contribution Margin per unit

                                              = 630 × $60

                                              = $37,800

<em>Part 2. per unit contribution margin</em>

contribution margin per unit of sell = Sales Price × 50%

                                                             = $120 × 50%

                                                             = $ 60

<em>Part 3. contribution margin ratio</em>

contribution margin ratio = Contribution / Sales

                                            = $ 60/ $ 120

                                            = 50 %

<em>Part 4. break-even point in dollars</em>

break-even point in dollars = Fixed Costs / contribution margin ratio

                                               =  $26,160 / 0.50

                                               = $ 52,320

<em>Part 5. break-even point in units</em>

break-even point in units = Fixed Costs / contribution per unit

                                            = $26,160 / $60

                                            = 436 clients

6 0
2 years ago
What is an incentive?
77julia77 [94]

Answer:

it acts as a stimulus to a market

Explanation:

an incentive is the extra money given to an employee for the constant hard work done,this can therefore act as a stimulus.

I hope this helps

8 0
2 years ago
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