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mojhsa [17]
3 years ago
11

For the following questions, you need to determine whether each of the four factors given creates a positive demand shock, a neg

ative demand shock, a positive supply shock, or a negative supply shock for the market in bold. For example, if you are told, "Automobile workers receive higher wages: automobiles," you would indicate that the supply of automobiles will decrease due to higher input costs, and the supply curve will shift to the left.
Business
1 answer:
Levart [38]3 years ago
8 0

Answer:There will be negative shift in demand and a negative shift in supply.

Explanation:The increase in workers wages is a is a major determinant the inluences the cost of production.It therefore stand to reason that if the cost production in increasesd by workers wages,then the total cost of production will equally be increased leading to an increase in price of the product in question.The increases will be passed on the consumers in a form of higher prices which will eventually reduce tje demand for the product and hence a negative shift in demand and supply.

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Francis works for a local fly-fishing shop. The shop allows employees to purchase two fly rods per year at a discount. This year
RUDIKE [14]

The amount of discount that has to be included in Francis's income is 0.

<h3>How to solve for the discount amount</h3>

The amount of the discount - sales price

= 300 - 250

= $50

This is the discount when it is sold to employees

Next we solve for the gross profit as

sales price x gross profit rate

= 300 x 30%

= 90

Given the amounts that we have here we have to conclude that the amount to be included in the account is 0

Read more on what a discount is here:

brainly.com/question/9841818

#SPJ1

6 0
2 years ago
Pleasant Hills Properties is developing a golf course subdivision that includes 225 home lots; 100 lots are golf course lots and
Solnce55 [7]

Answer:

Explanation:

This is a question about allocation based on how much the street frontage will be valued in future. That value will then be allocated to the joint cost to see how much to apportion to Street Frontage now.

The total value of the Street Frontage after development is,

= 125 lots * $70,000

= $8,750,000

The total value of Golf lots are,

= 100 lots * $100,000

= $10,000,000

Adding them up,

= 10,000,000 + 8,750,000

= $18,750,000

This is the total amount of the company could make and therefore the lot's value.

Company incurred the following costs.

= 1,850,000 * 1,450,000

= $3,300,000

The amount of joint costs to be allocated to Street Frontage will be,

= 8,750,000/ 18,750,000 * 3,300,000

= $1,540,000

The amount to allocate to Street Frontage based on the total value of the lot is $1,540,000.

3 0
3 years ago
In practicing ethics, marketing researchers must ensure they produce information which is factual and _______.
Dima020 [189]
I would say the word could be reliable in other words that the sources of the information are reputable and with a proven track record so that the information can give confidence that it is legitimate and not rigged or sham.
7 0
3 years ago
When Walmart advertises that it has the lowest prices, it is using a _________ strategy to separate itself from its competitors
Setler [38]

Walmart is using a positioning strategy to separate itself from its competitors by meeting a customer need.

<h3>What is positioning?</h3>

The positioning of the market is a strategic practice used to identify a brand or product in the market by a company. It is a strategy used to distinguish a firm's product.

The positioning strategy can help communicate the firm’s or the product’s value proposition, which communicates the customer benefits to be received from a product or service and thereby provides reasons for wanting to purchase it.

Hence, Walmart is using a positioning strategy to separate itself from its competitors by meeting a customer need.

Learn more about positioning here : brainly.com/question/14976421

8 0
3 years ago
Builders Inc., an experienced contractor, requested a bid from a supplier for lumber needed to complete a project. When respondi
faust18 [17]

Answer:

If the given situation turns into a legal dispute: Option D: the Court is likely to find that this is a unilateral mistake. However, since Builders knew (or should have known) that there was a mistake, the supplier will not be held to the $3,000 quote.

Explanation:

Builders requested a bid from the supplier and while answering the bid, supplier made an error.

Unilateral mistake is the one in which only one party commits a mistake. The party that doesn't make the mistake gets to know about the mistake done  by the other party. The contract is then made voidable by the mistaken party.

A voidable contract is like a formal agreement which is made between the two parties in which contract is decided to be made not enforced in case of any legal reason. It may include, if any of the party is not able to disclose a fact or a mistake, misrepresentation or any undue influence by someone on any of the parties. Thus, in the given case, court will ,likely find this as unilateral fault.

6 0
4 years ago
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