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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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Emerson Inc.'s would like to undertake a policy of paying out 45% of its income. Its latest net income was $1,250,000, and it ha
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Answer:

$2.50

Explanation:

Given that,

Dividend Paying out under a policy = 45% of its income

Net income = $1,250,000

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Total dividends:

= 45% of its income

= $ 1,250,000 × 45%

= $562,500

Dividend per share:

= Total dividends ÷ Number of shares outstanding

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matrenka [14]

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2 years ago
Questioñ 2 (1 point)
BlackZzzverrR [31]

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business, management, and administration cluster

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8 0
3 years ago
U. S. Personal savings fell significantly during the 1980s and 1990s. Why didn’t the supply of loanable funds experience a simil
Wewaii [24]

Answer:

Increased foreign wealth and income

Explanation:

5 0
2 years ago
Consider the case of the following annuities, and the need to compute either their expected rate of return or duration.
anastassius [24]

Answer:

1. 5.00%

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Explanation:

As per the data given in the question,

1)  For computing the interest rate we need to applied the RATE formula which is shown in the attached spreadsheet

Given that

Future value = 0

Present value = -$2587.09

PMT = $950

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The formula is shown below:

= RATE(NPER;PMT;-PV;FV)

The present value comes in negative

After applying the above formula, the interest rate is 5%

2)  For computing the number of years we need to use NPER i.e to be shown in the attachment below

Given that

Future Value = $920,925

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The formula is shown below

= NPER(RATE;-PMT;PV;FV)

The PMT comes in negative

After applying the above formula, the nper is 15.70 years

6 0
4 years ago
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