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zaharov [31]
4 years ago
13

If a new source of lumber is found, what is likely to happen to the price of

Business
1 answer:
lys-0071 [83]4 years ago
3 0

Answer:

B. The price is likely to decrease because supply has increased.

Explanation:

A new source of lumber represents increased supply.  According to the laws of supply and demand, an increase in supply leads to a decrease in prices.

The current market price is the equilibrium price.  It is the price that buyers are willing to pay for the quantity that suppliers are offering in the market. In other words, It is the meeting point between the supply and demand-sides in the market. A new source of lumber will increase the supply side, resulting in the curve shift in the supply curve. A new equilibrium with a lower price will be formed in the market.  

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Which of the following is a potential advantage to working in a commercial fitness facility?A. Can work from homeB. In-house emp
nikklg [1K]

Answer: Option B

           

Explanation: In simple words, commercial fitness facility refers to the gymnasiums an other such facility centers where individuals can go and work out for a better health and fitness. In house training refers to the knowledge that an employee gains while working for an organisation.

Employees working in such facility centers have the advantage to learn new techniques and exercises while working and getting paid. These facilities core operations relates to training their clients and making them more healthy thus they have to train their employees properly so they can handle the clients.

While doing so employee would get an in house training for the work that he or she is going to perform in the future,

7 0
3 years ago
Suppose 40 percent of all potential workers are highly skilled and contribute $50,000 to the firm each year. The remaining 60 pe
lukranit [14]

Answer:

The firm willing to pay a worker chosen at random an amount of $38,000.

Explanation:

This can be calculated as follows:

Amount the firm is willing to pay = (40% × $50,000) + (60% × $30,000) = $20,000 + $18,000 = $38,000.

Therefore, the firm is willing to pay a worker chosen at random an amount of $38,000.

3 0
3 years ago
Assume that the U.S. population is 300 million. If 70 million individuals are legally classified as unable to work (or are less
Step2247 [10]

Answer: Option (E) is correct.

Explanation:

Given that,

U.S. population = 300 million

Individuals classified as unable to work =  70 million

Individuals classified as unwilling to work = 80 million

Unemployed = 14 million

Labor force = U.S. population - Individuals classified as unable to work  - Individuals classified as unwilling to work

                   = 300 million - 70 million - 80 million

                   = 150 million

Unemployment rate = \frac{Unemployed}{Labor\ force} \times100

                                 = \frac{14}{150} \times100

                                 = 9.3%

3 0
4 years ago
Michelle smith bought 30 shares of james company stock at $34 per share. the company paid annual dividends of $0.42 per share. w
larisa86 [58]

The number of shares purchased = 30 shares

Annual dividend per share = $ 0.42

Total annual dividends = Number of shares purchased × Annual dividend per share

Total annual dividends = 30 shares × $ 0.42 = $ 12.60

Thus, the total annual dividends = $ 12.60

5 0
3 years ago
Read 2 more answers
Question 28 chelsea fashions is expected to pay an annual dividend of $1.10 a share next year. the market price of the stock is
ipn [44]

As per the dividend distribution model, the cost of equity = D1/P0 + g

where D1 = next year's dividend = 1.10

P0 = Current stock price = 21.80

g =growth rate = 4.5% =0.045

Cost of equity = 1.10/21.80 + 0.045 = 0.095458 = 9.5458% = 9.55%(Rounded)

3 0
4 years ago
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