Answer:
$45; $50
Explanation:
Given that,
Quantity sold (at price = $50 per bottle) = 10 bottles of champagne
Quantity sold (at price = $45 per bottle) = 11 bottles of champagne
Therefore,
Quantity effect (keeping the price unchanged):
= (11 - 10) × $45
= $45
Price effect (keeping the quantity unchanged):
= ($45 - $50) × 10
= - $50
Hence, total revenue experiences an increase of $45 and a decrease of $50.
Answer:
Its very simple, the required return would be 12% of the amount invested today. And this can be explained by the use of DVM (Dividend valuation Model), which is as under:
For ordinary shares r = (Dividend after one year / Share price now)
Dividend after one year = Required return * Share Price Now
Assuming no growth in the dividends, we can say that the required return would be 12% of the amount invested now which is the share price of the ordinary shares.
Answer:
The answer is C. wholesaler.
Explanation:
According to Edmentum, "Wholesalers purchase goods from various producers and stock them. Then, they sell stocks of goods to different retailers according to their requirement."
The answer to your question is D. Hope I helped!
Answer:
The U.S. Department of Agriculture
a. The equilibrium price in the wholesale butter market is:
= $1.20.
b. The equilibrium quantity in the wholesale butter market is:
= 102 million pounds.
Explanation:
a) Data and Calculations:
Market for Wholesale Butter
Price (dollars Quantity of Butter Quantity of Butter
per pound) Demanded Supplied
(millions of pounds) (millions of pounds)
$0.80 114 70
0.90 111 78
1.00 108 86
1.10 105 94
1.20 102 102
1.30 99 110
1.40 96 118
1.50 93 126
1.60 90 134
1.70 87 142
1.80 84 150
b) The equilibrium price and quantity are the price and quantity at which the quantity of butter demanded in the wholesale butter market equals the quantity of butter supplied in the same market. At this price of $1.20 per pound, the total quantity demanded and supplied equaled 102 million pounds of butter. At this price and quantity, both consumers and suppliers of butter in the wholesale market go home satisfied.