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Fed [463]
3 years ago
15

Sometimes word of mouth and expert recommendations cause a product to become more popular. However, the firm that produces this

product may find it difficult to get parts to increase production, and it might have to pay higher prices to receive an adequate supply of parts.
In this case, what will happen to the future price of the product?
A. The equilibrium price should rise as the supply curve shifts to the left and the demand curve shifts to the right
B. The equilibrium price should fall as the supply curve shifts to the right and the demand curve shifts to the left.
C. The equilibrium price does not change as the supply curve shifts to the left and the demand curve shifts to the right.
D. The equilibrium price changes in an unknown direction as the supply curve shifts to the left and the demand curve shifts to the right.
Business
1 answer:
Andre45 [30]3 years ago
6 0

Answer:

A. The equilibrium price should rise as the supply curve shifts to the left and the demand curve shifts to the right.

Explanation:

due to the product being popular, the demand rises and the demand curve shifts to the right.

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A rent ceiling results in a shortage. As a result, which of the following do you expect? O a black market for apartments whereby
zheka24 [161]

Answer:

The correct answer is: black market for apartments whereby higher rents are obtained through various other charges.

Explanation:

A price ceiling refers to an upper limit fixed for the price of a product or service. A rent ceiling means that rent cannot be charged higher than this limit.  

This rent ceiling would create higher demand and a smaller supply of apartments. This is because of law of demand and law of supply.  

Because of shortage of apartments in the market, a black market will be created where the apartment owners will be able to charge higher rents through other charges.

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3 years ago
4. Suppose you have two credit cards. The first has a balance of $410 and a credit limit of $1,000. The second has a balance of
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Number 4 is a number 5 is d
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3 years ago
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When selecting a venture capitalist, which one of the following characteristics is probably the least important?
Olegator [25]

Answer:

C. Underwriting experience.

Explanation:

Underwriters are known as evaluators in cases especially like that of mortgage etc, accessing the amount of risk that will involved in taking certain amount of loans. Therefore generally speaking, underwriting is simply explained as method through which an institution takes on financial risk for a fee. Risk of these such are mostly explained to be typically having dealings with loans, insurance, or investments. Certain contingencies are seen to helps to maintain certain borrowing policies for loans, establishes appropriate premiums to adequately cover the true cost of insuring policyholders, and creates a market for securities by accurately pricing investment risk.

8 0
3 years ago
Henson company applies overhead on the basis of 120% of direct labor cost. job no. 190 is increased with $140,000 of direct mate
DaniilM [7]
The total manufacturing costs for the Job No. 190 is 470,000. To get its direct labor cost, which is the basis of the Henson Company in applying its overhead at the rate of 120%, we need to divide the manufacturing overhead of $180,000 by the rate 120% to get the direct labor cost of 150,000. (180,000/210% = 150,000). To get the total manufacturing cost, you need to add the:direct materials- 140,000direct labor- 150,000manufacturing overhead- 180TOTAL= 470,000- this is the total manufacturing costs (Job No. 190)
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3 years ago
Beginning on January 1, 2020, 5 equal deposits are to be made in a fund. Required: Using the appropriate tables, determine the e
8090 [49]

Answer:

Explanation:

FV \div \frac{(1+r)^{time} -1}{rate} = C\\  

FV  $200,000.00  

time 5 years

rate 0.1% = 10/100 = 0.10

200000 \div \frac{(1+0.1)^{5} -1}{0.1} = C\\  

C  $ 32,759.496  

The installment will generate 10% interest overtime and provide with a 200,000 dollar count after six years

7 0
3 years ago
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