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Julli [10]
3 years ago
6

Consider the following scenario:

Business
1 answer:
Nimfa-mama [501]3 years ago
8 0

Answer:

The price would definitely increase

Explanation:

Inferior good are good that of low quality which are consumed by low income earners and with an increase in the income of the consumer of an inferior good, the demand for the good reduces.

Note: the demand for inferior good reduces because of increase in consumers income, so this has nothing to do with the price.

On an economic sense, increase in cost of production, will definitely lead to an increase in the price of the goods produced.

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iren [92.7K]

STEM is Science, Tech, Engineering, and Math

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3 years ago
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State 2 reasons that lead to foreign trade.plz answer asap!!!​
inn [45]

For imports:

You import when there is lack of production in your own country

or when another country offers a cheaper price and/or better quality good than your own country's industry

for exports:

production surplus.

3 0
3 years ago
A company purchases shipments of machine components and uses this acceptance sampling plan: Randomly select and test 26 componen
Inessa [10]

Answer: 0.7973

Explanation:

Binomial probability formula :-

P(x)=^nC_x\ p^x(1-p)^{n-x}, where P(x) is the probability of getting success in x trials , p is the probability of success in one trial and n is the number of trials.

Given : The probability of getting a defect components : 0.06

If randomly select and test 26 components , then the probability that this whole shipment will be accepted will be :-

P(x

Hence, the  probability that this whole shipment will be accepted = 0.7973

7 0
3 years ago
Amazon stock prices gave a realized return of 6​%, negative 6​%, 9​%, and negative 9​% over four successive quarters. What is th
Anvisha [2.4K]

Answer:

-1.167%

Explanation:

The current value of the stock is given by applying all of the realized returns to the initial purchase price. Let 'A' be the initial price, the price at the end of the year is:

P = A*(1+0.06)*(1+0.09)*(1-0.06)*(1-0.09)\\P=0.9883A

At the end of the year, the stock had a price of 0.9883 times the initial price, the annual realizes return was:

r=(0.9883 - 1)*100\%\\r= -1.167\%

Annual realized return was  -1.167%.

8 0
3 years ago
36. Comparing Cash Flow Streams [LO1] You've just joined the investment banking firm of Dewey, Cheatum, and Howe. They've offere
SpyIntel [72]

Answer:

the second option

Explanation:

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

first option

Cash flow in year 1 and 2 - $85,000

1 = 7

PV = $153,681.54

Second option

Cash flow in year 0 = $20,000

Cash flow in year 1 and 2- $74,000

I = 7

PV =  $153,793.34

the pv of the second payment is higher than the first so the seconf would be choosen

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

153,681.54

7 0
3 years ago
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