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
pychu [463]
3 years ago
13

A movie theater substantially decreases the price of its soda during the same week that a heavily advertised new movie is being

released to theaters. Assuming consumers like to enjoy movies, soda, and popcorn together, how does this impact the equilibrium price and quantity of popcorn?
Business
1 answer:
navik [9.2K]3 years ago
5 0

Answer:

Price and quantity both increase

Explanation:

The decrease in the price of soda can caused increase in demand of soda. But because customers like to enjoy movies,soda and popcorn together, the increase in demand of popcorn is possible, which can cause increase in price and quantity of popcorn.

You might be interested in
In a year in which common stocks offered an average return of 18%, Treasury bonds offered 10% and Treasury bills offered 7%, the
ivann1987 [24]
Among us in real life sus sus c
8 0
2 years ago
Cold Goose Metal Works Inc. just reported earnings after tax (also called net income) of $95,000,000, and a current stock price
aivan3 [116]

Answer:

$12.22 per share

Explanation:

The computation of the stock price one year from now is shown below;

Current EPS = Net Income ÷ Number of shares

= $95,000,000/5,500,000

= $17.2727

Now  

P/E Ratio = Market Price per share ÷ Earnings per share

= $14.75 ÷ 17.2727

= 0.8539 times

Now

Revised EPS = $95,000,000 × 1.25 ÷ 8,300,000

= $14.3072  

So, the Price is

= 14.3072 × 0.8539

= $12.22 per share

6 0
2 years ago
A process for two or more people coming together to operate an investment, such as partnerships or corporations, is
Ludmilka [50]

A process for two or more people coming together to operate an investment, such as partnerships or corporations, is Franchise.

<h3>What is franchise?</h3>

Franchise is a type of business that is owned and operated by an individual (franchisee) but that is branded and overseen by a much larger entity.

Advantages of owing a franchise are :

  • A franchise owner gets valuable help throughout the lifespan of the business.
  • Owning a franchise comes with a low rate of failure.

Therefore, franchise is a process whereby two or more people come together to operate an investment, such as partnerships or corporations.

Learn more about franchise here: brainly.com/question/3687222

4 0
2 years ago
Point Company paid $4,000 cash to purchase a new machine. The company also paid $500 cash for an initial training cost that was
spin [16.1K]

Answer:

Dr Machinery $4500

Cr Cash                      $4500

Explanation:

The reason is that the Internation Accounting Standard IAS 16 Property, Plant & Equipment says that the company must capitalized all those costs that are necessary to make the asset ready to use which means that the cost of training which is $500 and purchasing cost which is $4000 must be capitalized as part of the asset.

So the entry would be:

Dr Machinery $4500

Cr Cash                      $4500

4 0
3 years ago
From 2015 to 2016, the overall price level rose from 200 to 220. Over the same period, tuition rates at the local community coll
Nikolay [14]

Answer:

C

Explanation:

Inflation is a persistent rise in general price level

Rise in Inflation rate = 220 / 200 - 1 = 10%

Rise in tuition fees = 115 / 100 - 1 = 15%

From the calculations, the percentage change in tuition fees is higher than the percentage change in inflation rate

3 0
3 years ago
Other questions:
  • If a firm has already paid an expense or is obligated to pay one in the future, regardless of whether a particular project is un
    9·1 answer
  • The price that consumers pay for a product is called the ____________. A. Unit price B. Fixed price C. Wholesale price D. Retail
    8·1 answer
  • Charmingbells inc. has been running into a loss gradually, but the board of directors are reluctant to shut the company down bec
    7·2 answers
  • A(n) _____ is used to give background information about an organization, product, or service, whereas a(n) _____ is used primari
    15·1 answer
  • Activity-based costing (ABC) systems ________. A. Unselected have the same cost allocation system as plantwide and departmental
    5·1 answer
  • The following account balances were taken from the 2021 post-closing trial balance of the Bowler Corporation: cash, $9,500; acco
    7·1 answer
  • 2019 balance sheet showed net fixed assets of $5.2 million, and the 2020 balance sheet showed net fixed assets of $5.8 million.
    7·1 answer
  • SEE
    10·2 answers
  • What are the factors influencing consumer behavior economic factor
    12·1 answer
  • Name strategies that eskom uses to protect the environment
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!