Ask question

Ask question

All categories

4 years ago

10

Candy makers accurately anticipate the increase in demand for candy for Halloween so that the supply of candy and demand for can

dy increase the same amount. As a result, the price of candy ________ and the quantity of candy ________.
does not change; increases T/F

1 answer:

ankoles [38]4 years ago

6 0

Answer:

the price of candy is low and the quantity of candy is high

Explanation:

You might be interested in

All I’m Saying Corporation produces and sells a single product. Data concerning that product appear below: Selling price per uni

dexar [7]

Answer:

Break-even point in units= 12,769 units

Explanation:

Giving the following information:

Selling price per unit= $170

Variable expenses per unit= $81.10

Fixed expense per month= $997,920

Monthly target profit of $137,240

To determine the number of units to be sold, we need to use the break-even point in units formula. We need to add the desired profit.

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units= (997,920 + 137,240) / (170 - 81.1)

Break-even point in units= 12,769 units

4 0

3 years ago

You have been purchasing $12,000 worth of stock annually for the past eight years and now have a portfolio valued at $87,881. Wh

slega [8]

Answer:

28.3%

Explanation:

The formula to calculate the final amount for compound interest is:

$A=P(1+\frac{r}{n})^{nt}$

where

A is the final amount

P is the principal

r is the rate of return

n is the number of times the interest is compound in a time t

t is the time

Here we have:

P = $12,000 is the principal

A = $87,881 is the final amount

t = 8 y is the time (8 years)

n = 1 , since interest is compounded every year

Therefore, solving for r, we find the rate of return:

$\frac{A}{P}=(1+r)^t\\r=\sqrt[t]{\frac{A}{P}}-1=\sqrt[8]{\frac{87,881}{12,000}}-1=0.283=28.3\%$

8 0

3 years ago

According to the law of demand, during a given period of time, the quantity of a good demanded increases as its price rises, cet

Alchen [17]

I think the most appropriate answer would be "the quantity of a good demanded increases as its price rises".

I hope it helped you!

4 0

3 years ago

Although GDP is a reasonably good measure of a nation's output, it does not necessarily include all transactions and production

Dahasolnce [82]

Answer:

The variety of goods available to consumers: GDP only looks a at the value of goods that are produced within the country, it does not take into account the variety available in the market to consumers.

The value produced by doing your own laundry: GDP does not measure non-market activities, so personal jobs like doing your own laundry is not accounted for.

Explanation:

8 0

3 years ago

Explain what the implications are to the Canadian economy if the brain drain is not stopped? Within the implications, consider t

Alinara [238K]

Answer:

Low tax collection, low working population

Explanation:

Brain drain is a condition where a country loses its population through migration. Generally, this happens with the low developing countries, because people try to search for jobs in developed countries. Canada will lose tax revenue collection and low working population as a result of the brain drain. Government is the most important stakeholder which will be affected by brain drain apart from that; hospitals and industrial units will be affected by the brain drain.

6 0

3 years ago