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Nostrana [21]
3 years ago
7

When a price floor is placed on the price of movie tickets, the consumer surplus relative to the free market equilibrium will mo

re likely increase. decrease. remain the same. increase by 100%. decrease by 100%?
Business
2 answers:
Lostsunrise [7]3 years ago
4 0
It will definitely decrease, as consumers will have to pay more and a deadweight loss will be present. Search up 'price floors and deadweight loss'.
kolbaska11 [484]3 years ago
4 0

Answer:

The correct answer is letter "B": decrease.

Explanation:

Price floors are limits placed usually by the government in order to set a minimum for the price of goods or services being traded. This action is done to make sure a minimum level of revenue for producers and that those goods are being traded at a fair price. If the price floors are removed, no matter under what other circumstances, the price levels will fall since consumers will be allowed to offer less money for the same goods.

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In which stage would you typically expect to see large negative Financing Cash Flows?
kvasek [131]

Answer:

a. Startup

Explanation:

  • The negative cash flows are when the firms are having more cash outflow than the cash inflow and spending of the company is more than the earning and thus experiencing a negative cash flow.
  • This is a situation is found in the growth phase as they demand more money to generated and spend money to fuel growth and acquire the new customers and that may be set up by the distribution channels.
  • Thus startup of the company or industry can show more negative cash flows.
4 0
3 years ago
Major Manuscripts, Inc.
Lisa [10]

Answer:

Projected total assets = <u>$10,318 </u>

Projected retained earnings = <u>$4,675.30 </u>

Additional new debt required = <u>$537.70</u>

Explanation:

external financing needed = EFN = [(total assets/total sales) x ($ Δ sales)] - [(total current liabilities/total sales) x ($ Δ sales)] - [profit margin x forecasted sales in $ x (1 - dividend payout ratio)]

total assets = $9,380, projected total assets = $9,380 x 1.1 = $10,318

total sales = $7,800

$ Δ sales = $780

current liabilities = $1,550

profit margin = net income / sales = $410 / $7,800 = 0.052564

forecasted sales = $7,800 x 1.1 = $8,580

dividends payout ratio = dividends / net income = $187 / $410 = 0.4561

EFN = [($9,380/$7,800) x ($780)] - [($1,550/$7,800) x ($780)] - [0.052564 x $8,580 x (1 - 0.4561)]

EFN = $938 - $155 - $245.30 = $537.70

projected retained earnings = current retained earnings - projected net income - projected dividends = $4,430 + $451 - $205.70 = $4,675.30

6 0
3 years ago
The city of Brock’s Water Enterprise Fund leases water treatment equipment. The life of the noncancellable lease is 10 years, an
Degger [83]

<u>Solution and Explanation:</u>

The Journal Entries in the books of Brock's water enterprise is as follows :-

Date  Particulars and details                             Debit($)  Credit($)

Jan 5, 2018  Intangible Assets - Lease  905861  

Lease Payable                                            905861

(Being Record the Lease)        

Jan 5, 2018  Lease Payable                  125000  

Cash                                                           125000

(Being Record Down Payment)        

Dec 31, 2018  Amortization Expenses ($905861divide 10)  90586  

Accumulated Amortization                                           90586

(Being Record the amortization)        

Jan 5, 2019  Lease Payable (\$ 125000-\$ 62469) 62531  

Interest Expenses ((\$ 905861-\$ 125000) * 8 \%)   62469  

Cash                                                                              125000

(Being Record the Second Lease Payment)  

3 0
3 years ago
How is the American Disability Act important in the health field
Stels [109]
The Americans with Disability Act of 1990 (ADA) is a federal civil rights law that prohibits discrimination against individuals with disability  in every day activities, including medical services. ... These statutes require medical care providers to make their services available in an accessible manner.
4 0
3 years ago
In 2007, Gillette saw an opportunity to capture the market of 500 million Indians who used double edge razors with no protection
rusak2 [61]

Answer:

Gillette in India

The failure of the Vector was caused by the fact that Indian men have longer and thicker hair, which the lack of earlier research in the targeted demographic segment did not discover.

Explanation:

Since Indian men have longer and thicker hair than the local consumers of Gillette's razor products in America, an earlier research would have uncovered the fact.  Thereafter, the discovery would have been incorporated into the design and production of Vector for the Indian market. No wonder, with its Mach 3 Turbo razor, Gillette overcame its initial inertia and handicap and made a success of the razor business in India.

5 0
2 years ago
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