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tester [92]
3 years ago
9

The switch to the use of ethanol in gasoline is driven primarily by its relatively lower price. Assuming a competitive market, w

hat effect would this change have on the equilibrium price and output for gasoline? Price rises, output falls. Price falls, output rises. Price rises, output rises. Price falls, output falls.
Business
1 answer:
Nitella [24]3 years ago
5 0

Answer:

Price falls, output rises

Explanation:

We know that the ethanol is used as an input in the production of gasoline. So, if the price of ethanol is lower then this will reduce the cost of production of gasoline. If the cost of production of ethanol is lower then this will give an incentive to the producers of gasoline to produce more and supply more.

This will shift the supply curve of gasoline rightwards, as a result there is a fall in the equilibrium price level and increase in the equilibrium quantity of gasoline.

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Mike started a calendar year business on September 1st of this year by paying 12 months rent on his shop at $1,000 per month. Wh
solong [7]

Answer:

C. $12,000 under the cash method and $4,000 under the accrual method

Explanation:

Under the cash basis of accounting, whenever an amount is received or paid, it is recognized in the books of accounts

Whereas, on the accrual basis of accounting, the cash received / payment or not it is recognized in the books of accounts. It is recorded when it is earned not when it is received or paid.  

So, by this above information

The cash method would recognize $12,000 ($1,000 × 12 months)

Whereas

The accrual method would recognize $4,000 ($1,000 × 4 months)

We assume the books are closed on December, 31

8 0
3 years ago
The financial services department of your company offers a competitive leadership program. After screening and interviewing all
zmey [24]

Answer:

The correct answer is: Formal.  

Explanation:

<em>Leadership programs</em> within companies are provided to prospective employees who have the potential of following a managerial path career within the organization. They are possibly already seen as leaders within their departments but the training could help them whether to polish some of their skills or to learn how to better lead.  

Thus, invitation letters to the participants of leadership programs should be written following a <em>formal </em>coding.

5 0
3 years ago
Suppose that two factors have been identified for the U.S. economy: the growth rate of industrial production, IP, and the inflat
DENIUS [597]

Answer:

23.3%

Explanation:

Expected return refers to the anticipated profit or loss of financial investment. Essentially, it's the value of the return that investors anticipate. We can find the expected return by using the formula given below

Δ IR = 5-5% - 2% = 3.5%

Δ IP = 6% - 4% = 2%

Formula

Expected return = Expectedreturn(previous year) + (betaIP x Δ IP) + (betaIR x Δ IR)

Expected return = 12% + (2.5 x 2%) + (1.8 x 3.5%)

Expected return = 23.3%

5 0
3 years ago
You need to accumulate $10,000. To do so, you plan to make deposits of $1,100 per year - with the first payment being made a yea
guapka [62]

Answer:

Explanation:

Using future annuity formula

Fv = Pmt ( (1+r)ⁿ -1 )/ r

\frac{FVr}{Pmt}  + 1 = (1+r)ⁿ

In ( \frac{FVr}{Pmt} + 1) = n In ( 1+r)

n =  In ( \frac{FVr}{Pmt} + 1)  / In ( 1 + r)

FV, future value = $10,000, Pmt, periodic payment per year = $1,100, r rate = 11.82% = 0.1182 and n =  number of years

n = 0.7297 / 0.11172 = 6.53 years approx 7 years

the last year payment will actually be less than $1,100

6 0
3 years ago
Steve is preparing a market analysis for the joneses and has selected three comparable properties. how many adjustments should s
zzz [600]

For the Joneses, Steve is putting together a market analysis and has chosen three comparable homes. Steve should Zero Adjustment alter the joneses' proper behavior in any way.

Sensors and instruments must produce an output that is a precise, predictable, and repeatable function of their input in every measurement setting. A 0 - 10 Bar pressure transmitter, for instance, might have a 0 - 10 V output that, starting with 0 V output for a 0 Bar pressure measurement, corresponds to its 0 - 10 Bar measurement range in a linear manner. To make sure that its output is indeed 0 V for a 0 Bar input, the transmitter must be calibrated. When this isn't the case, there needs to be a way to alter, or "zero," the output. The usage of an electronic gadget.

Learn more about Zero Adjustment here

brainly.com/question/5019807

#SPJ4

7 0
1 year ago
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