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2 years ago

5

The demand for emeralds tends to be very elastic. This is because emeralds are more of a _____________. It also means that a 33%

off sale on emerald necklaces would bring about _________________ in the total revenue of the emerald necklace supplier.

1 answer:

IRISSAK [1]2 years ago

7 0

Answer:

Luxury item, an increase

Explanation:

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Autopitch devices are made for both major- and minor-league teams to help them improve their batting averages. When set at the

aivan3 [116]

Answer:

Control limits for x_bar are between 59.076 and 60.924

Control limits for R are between 0.669 and 5.331

Explanation:

Given data:

x_bar = 60 mph

n = 10

R = 3 mph

Step 1: Factors (see table attached)

At n = 10, factors for computing control charts limits are,

A2 = Mean factor = 0.308

D3 = Lower range = 0.223

D4 = Upper range = 1.777

Step 2: Control limits for x_bar

Lower Control limit:

LCL = x_bar - A2*R = 60 - (0.308)(3) = 60 - 0.924 = 59.076

Upper Control limit:

UCL = x-bar + A2*R = 60 + (0.308)(3) = 60 + 0.924 = 60.924

The control limits for x_bar are between 59.076 and 60.924

Step 3: Control limits for R

Lower Control limit:

LCL = D3*R = 0.223(3) = 0.669

Upper Control limit:

UCL = D4*R = 1.777(3) = 5.331

The control limits for R are between 0.669 and 5.331

Hope this helps!

5 0

3 years ago

The Bears Corporation has provided you the following information:Increase in accounts receivable balance 50,000 Net sales 500,00

Sliva [168]

Answer:

A. cash collected is 442,500

B. Cash paid to suppliers is 62,000

Explanation:

A. To determine the cash collected for the period, the account that we should analyze is the accounts receivable.

Net sales 500,000

Less: Increase in accounts receivable 50,000

Less: write off 7,500

total collection 442,500

*increase in accounts receivable means lesser amount of collection than the sale on account

*write off will decrease the accounts receivable which means, it affects the cash collection computation.

B.To determine the cash paid to suppliers, let’s analyze the accounts payable account.

Increase in inventory 45,000

add: decrease in accounts payable 17,000

total cash paid to suppliers is 62,000

*increase in inventory implies an additional purchase made by the company

*decrease in accounts payable resulted from cash payment made to suppliers.

5 0

3 years ago

You are considering a savings bond that will pay $ 100 in 9 years. If the interest rate is 1.9 %, what should you pay today for

Dmitrij [34]

Answer:

You should pay $84.42 today for the bond.

Explanation:

bond price = value of bond/[(1 + interest rate)^number of years]

= $100/[(1 + 1.9%)^9]

= $100/(1.185)

= $84.42

Therefore, You should pay $84.42 today for the bond.

5 0

3 years ago

Hugo decides to buy his Christmas gifts on Black Friday. To simplify his life, he is giving his 10 closest friends scarves for C

yarga [219]

Answer:

$8

Explanation:

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the product.

Consumer surplus = willingness to pay - price

The consumer surplus of the 10th scarf :

Willingness to pay for the 10th scarf - price of the scarf

Willingness to pay for the 10th scarf = $200 / 10 = $20

Consumer surplus = $20 - $12 = $8

I hope my answer helps you

5 0

2 years ago

Read 2 more answers

Mike is walking through a parking lot and finds Kathy lying unconscious. He puts her in his car and takes her to the hospital. T

slava [35]

Answer:

The answer to this question is c. Kathy has to pay based on a quasi contract.

Explanation:

Based on the scenario displayed above Kathy has to pay based on a quasi contract.

A Quasi contract is a contract that is created by a court order, not by an agreement made by the parties to the contract. For example, quasi contracts are created by the court when no official agreement exists between the parties, in disputes over payments for goods or services

In this case there has not been an official agreement between Kathy and the hospital, However she has to pay the bill presented to her based on Quasi contract which is created to prevent an individual to be unjustly enriched or from benefiting from the situation when he/she does not deserve to do so.

Hence the answer is c. Kathy has to pay based on a quasi contract.

5 0

3 years ago