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nekit [7.7K]
3 years ago
6

Suppose the equilibrium price of a physical examination ("physical") by a doctor is $200, and the government imposes a price cei

ling of $150 per physical. As a result of the price ceiling,A. the demand curve for physicals shifts to the right.B. the supply curve for physicals shifts to the left.C. the quantity demanded of physicals increases and the quantity supplied of physicals decreases.D. the number of physicals performed stays the same

Business
2 answers:
vekshin13 years ago
7 0

Answer:

The correct answer is 'C'

Explanation:

The quantity demanded of physicals increases, and the quantity supplied of physicals decreases.

Andrews [41]3 years ago
3 0

Answer:

C) the quantity demanded of physicals increases and the quantity supplied of physicals decreases.

Explanation:

Price ceilings usually result in a market failure called deadweight loss. This happens because the equilibrium price is set at an artificially low level which decreases the quantity supplied and increases the quantity demanded. This results in a shortage of products or services, and a loss of economic efficiency. In the attached graph, the deadweight loss is the colored area under the demand curve and above the supply curve.  

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Stakeholders are someone or agroup of ppl that are interested in the business
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What is the best scam ever in Business
mixas84 [53]

Like toys r us it failed because they always had low costs and low profits from their toys.

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3 years ago
Read 2 more answers
Yappy Company is considering a capital investment of $320,000 in additional equipment. The new equipment is expected to have a u
Eddi Din [679]

Answer:

a. 4.92 years

b. NPV = $26,770.20

c. 1.0837

d. IRR = 12.26%

e. 15.6%

the project should be accepted

Explanation:

Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows

Payback period =  Amount invested / cash flow = $320,000  / $65,000 = 4.92 years

Net present value is the present value of after tax cash flows from an investment less the amount invested.    

Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested

NPV and IRR can be calculated using a financial calculator

Cash flow in year 0 = $-320,000

Cash flow each year from year 1 to 8 = $65,000

I = 10%

NPV = $26,770.20

IRR = 12.26%

profitability index = 1 + (NPV / Initial investment) = 1 + ($26,770.20 / $320,000 ) = 1.0837

The project should be accepted because the NPV and profitability index are positive. the IRR is greater than the discount rate. this means that the project is profitable. Accounting rate of return = Average net income / Average book value

Average book value = (cost of equipment - salvage value) / 2 = $320,000 / 2 = $160,000

$25,000 / $160,000 = 0.156 = 15.6%

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

7 0
3 years ago
E-mails that rouse strong emotions like anger should always be responded to immediately
docker41 [41]

Answer:

False

Explanation:

Strong emotions, especially violent or vengeful ones like anger, can cloud logical judgement and cause inappropriate outbursts. Writing an email while angry, especially in a professional environment, can have consequences and affect the receiver's impression of you. It is better to wait until the anger has subsided so you can explain why you may disagree politely, or choose the best course of action with a clear mind.

7 0
3 years ago
On January 1, 2021, Blake Corporation issued 1,000 of its 9%, $1,000 callable bonds for $1,060,000. The bonds are dated January
Paul [167]

Answer:

$1,076,000

Explanation:

 The computation of the carrying value of the bonds is shown below:

= Face value of the bond + unamortized bond premium

= $1,060,000 + $16,000

= $1,076,000

We simply added the face value of the bond and the unamortized bond premium so that the carrying value of the bond could come

All other information which is given is not relevant. hence, ignored it

8 0
2 years ago
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