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Reil [10]
4 years ago
7

Camille's Creations and Julia's Jewels both sell beads in a competitive market. If at the market price of $5 both are running ou

t of beads to sell (they can't keep up with the quantity demanded at that price), then we would expect both Camille's and Julia's to: A. raise their price and increase their quantity supplied. B. raise their price and reduce their quantity supplied. C. lower their price and reduce their quantity supplied. D. lower their price and increase their quantity supplied.
Business
1 answer:
Marina CMI [18]4 years ago
7 0

Answer:

A.

Explanation:

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SIZIF [17.4K]

the answer is Visit the bank's Web site, log in to your account, and click on the account summary link.

7 0
3 years ago
Roosevelt Corporation has a weighted-average unit contribution margin of $30 for its two products, Standard and Supreme. Expecte
vampirchik [111]

Answer:

Standards sales at break even point are 24000 units

Explanation:

The weightage of each product in sales mix is for each product is,

Total sales = 40000 + 60000 = 100000 units

Standard = 40000 / 100000 = 0.4

Supreme = 60000 / 100000 = 0.6

We first need to calculate the overall break even point in units and divide it in the sales mix.

The overall break even point in units = Fixed costs / Weighted average contribution margin per unit

Overall break even in units = 1800000 / 30   =  60000 units

Standards sales at break even point = 60000 * 0.4 = 24000 units

7 0
3 years ago
Service providers should refrain from asking feedback from customers to save time that can be used to provide better service qua
Gemiola [76]

Answer:

B. False

Explanation:

The target of service provision are the customers. So service providers must ensure that their targets are obtaining maximum satisfaction from the quality of service they provide and one way of doing this is by asking feedback from customers

8 0
3 years ago
Read 2 more answers
6. The money multiplier formula shows effects of
horrorfan [7]

Answer: a cash deposit into banking system on the money supply<span>
</span><span>
<span>The money multiplier refers to the ratio of deposits to the reserves in a certain banking system. The money multiplier formula is caused by a cash deposit in a bank on the money supply.</span></span>

7 0
3 years ago
Eric receives a portion of his income from his holdings of interest-bearing U.S. government bonds. The bonds offer a real intere
MArishka [77]

Solution :

Given :

The bonds offer a \text{real interest rate} of 4.5% per year

Tax rate = 10% = 0.10

Inflation rate = 2

\text{Nominal interest rate} = \text{real interest rate} + \text{inflation rate}

\text{Nominal interest rate} = 2 + 4.5

                                   = 6.5

\text{After tax nominal rate} = \text{Nominal interest rate} $\times (1-\text{tax rate})$

\text{After tax nominal interest rate} = $6.5 \times (1-0.10)$

                                                  $=6.5 \times 0.90$

                                                 = 5.85

After tax real interest rate = \text{after tax nominal rate} - \text{inflation rate}

                                           = 5.85 - 2.0

                                            = 3.85

\text{Inflation rate} = 7.0

\text{Real interest rate = 4.5}

\text{Nominal interest rate} = \text{real interest rate} + \text{inflation rate}

                                   = 7 + 4.5

                                  = 11.5

\text{After tax nominal interest rate} = \text{Nominal interest rate} $\times (1-\text{tax rate })$

                                                  $=11.5 \times (1 - 0.10)$

                                                  $=11.5 \times 0.90$

                                                = 10.35

\text{After tax nominal interest rate} = 11.5 x (1 - 0.10)

                                          = 11.5 x 0.90

                                         = 10.35

\text{After tax nominal interest rate} = \text{after tax nominal rate} - \text{inflation rate}

                                           = 10.35 - 7.0

                                          = 3.35

Putting all the value in table :

\text{Inflation rate}    Real interest  Nominal interest  After tax nominal  After tax  

                                  rate                rate               interest rate       interest rate

2.0                             4.5                  6.5                        5.85                   3.85

7.0                              4.5                11.5                         10.35                3.35

Comparing with the \text{higher inflation rate}, a \text{lower inflation rate} will increase the after after tax real interest rate when the government taxes nominal interest income. This tends to encourage saving, thereby increase the quantity of investment in the economy and the increase the economy's long-run growth rate.

7 0
3 years ago
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