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Anvisha [2.4K]
3 years ago
8

You are studying in your dorm room, but your neighbor is blasting the television in the adjacent room. when you gently request t

hat your neighbor turn the volume down until you cannot hear it, you are asking your neighbor to make the volume less than your _____.
Business
1 answer:
DiKsa [7]3 years ago
6 0

I guess the correct answer is absolute threshold

You are studying in your dorm room, but your neighbor is blasting the television in the  adjacent room. When you gently request that your neighbor turn the volume down until you  cannot hear it, you are asking your neighbor to make the volume less than your absolute threshold.

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A large group of fans are upset about the high price of tickets to many events. As a result of their lobbying efforts, a new law
Ierofanga [76]

Answer:

The correct answer is: shortage; elastic; same number of.

Explanation:

Suppose the price ceiling is fixed at $50. The market equilibrium price is more than $50. This means that the price ceiling is binding.

Fixing the price ceiling below the equilibrium price level will create a shortage of tickets. There is an inverse relationship between price and quantity demanded. So the quantity demanded will be higher at a lower price. The quantity supplied on the other hand will be lower. This is because the quantity supplied is positively related to the price.

So at the ceiling price the quantity demanded will be higher than the quantity supplied. This shortage will be more if the demand is elastic. An elastic demand implies that a decrease in price will cause the quantity demanded to increase to a greater extent.

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3 years ago
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Answer:

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6 0
3 years ago
You manage an equity fund with an expected risk premium of 10.2% and a standard deviation of 16%. The rate on Treasury bills is
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3 years ago
The Hartford Symphony Guild is planning its annual dinner-dance. The dinner-dance committee has assembled the following expected
Lelu [443]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

The dinner-dance committee has assembled the following expected costs for the event:

Dinner (per person) $ 18

Favors and program (per person) $ 2

Band $ 2,800

Rental of ballroom $ 900

Professional entertainment during intermission $ 1,000

Tickets and advertising $ 1,300

The committee members would like to charge $35 per person.

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Break-evenn point= (Band+rental+professional entertainment+tickets)/[price - (dinner+favors)]

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300*(P-20)= 6000

300P=12000

P=$40

7 0
3 years ago
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