Answer:
One thing to clear ab initio is that equilibrium quantity and price are achieved when the demand and supply curves intersect at a point. Therefore, at equilibrium, the demand and supply in quantity are equal.
a) If a technological improvement reduces the cost of product, the equilibrium price will reduce and equilibrium quantity will be equal to the quantity demanded and supplied.
b) If there is a reduction in the number of sellers, the equilibrium price will increase and the equilibrium quantity will be equal to the quantity demanded and supplied.
c) If there is a tax levied on the sellers of apps, the equilibrium price will increase and the equilibrium quantity will be equal to the quantity demanded and supplied.
Explanation:
a) The market is in equilibrium when the supply and demand curves intersect, meaning that the quantity demanded and quantity supplied are equal. The price and quantity at which this intersection occurs are called the equilibrium price and equilibrium quantity respectively. In economics, when quantity supplied equals quantity demanded, an equilibrium situation is achieved, and it is represented by this equation: Qs = Qd; where Qs is quantity supplied and Qd is quantity demanded.
b) Equilibrium price reduces when there is a cost reduction and more supplies are pushed to the market to meet demand.
c) When suppliers leave the market, it means that the market price and demand are no longer attractive and beyond their individual influence. This leads to a reduction in quantity supplied overall.
d) Sales tax increases the price of goods and services, and equilibrium will be achieved when there consumers demand the product with increased price and sellers are willing to produce and sell at such a price.
3D printing has the capacity to contribute millions of factory jobs back to the United States and kick start a new wave of economic growth across a variety of industries.
<h3>How does
3D printing affect technology?</h3>
3D printing improves to reduce the complexity and improve time-to-market. It helps to consolidate the different procedures required in printing and manufacturing. It has an impact on the essential global chain.
Thus, 3D printing has the capacity to contribute millions of factory jobs back to the United States
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Answer: $7
Explanation:
Firstly, we'll calculate the equity which will be:
= Value of operations - Value of debt
= $1000 - $300
= $700
Then, the intrinsic price will be:
= Equity/Number of shares
= $700/100
= $7
Therefore, the intrinsic per share stock price immediately after the distribution will be $7
<u>Full question:</u>
Bridgette wants to start a corporation. She is looking for a state in which to incorporate. If she incorporates in the state with laws that favor corporate management, where many corporations have incorporated, she will select:
a. Florida.
b. Delaware.
c. Michigan.
d. Colorado.
<u>Answer:</u>
If she incorporates in the state with laws that favor corporate management, where many corporations have incorporated, she will select: Delaware
<u>Explanation:</u>
When deciding to begin a business one is expected to accept a pattern of a business unit. Delaware is where several businesses have consolidated. The state of Delaware favors the administration of companies because of their favorable tax rules, as a consequence dragging many businesses to consolidate there. In this state, one can operate a business and experience tax benefits even he or she does not live there.
The state also contributes to powerful business privacy. Unlike other states, business issues are controlled by specific judges and not judges as done in other states. The state is also favored for its adjustable rules on corporation management as the council and representatives may wish not to live in the state.
The answers to the blanks provided above are DECREASES and INCREASES, respectively. This is based on the concept of what a business cycle is. What happens during recession is that they try to restore the economy by expansion, and therefore, through this, the government increases their spending and cutting taxes as well.
