All categories

3 years ago

Question 7 (5 points) Question 7 Saved

Business

1 answer:

Lilit [14]3 years ago

4 0

Answer: 4) The quantity demanded would increase.

Yao's Asian Market sells dragon fruit for $3 each and at that price the store usually sells 20 dragon fruits a week. Since Dragon fruit is in season, the market could maintain a steady delivery. Given those situations, if the produce manager decides to have a sale on dragon fruit and reduces the price to $2 each, these would happen based on the law of supply and demand.
4) The quantity demanded would increase.

You might be interested in

Goodday is merging with Baker, Inc. Goodday has debt with a face value of $80 and Baker has debt with a face value of $40. The p

Julli [10]

Answer:

Therefore the gain or loss to the current shareholders of Goodday if the merger provides no synergy is -$10

Explanation:

Given:

The Total debt remains same after merger at Pre-merger value = $80 + $40 = $120

The Value of entities together in Economic state 1 = $160 + $20 = $180

Net equity in economic state 1 = Value of entities – total debt

= $180 - $120 = $60

Then,

The Value of entities in Economic state 2 = $40 + $80 = $120

Net equity in economic state 2 =

= $120 - $120 = $0

The Both states are equally possible.

Expected value of combined entity = ($60 + $0)/2 = $30

Market value of Goodday equity before merger = $40

Synergy effect = Expected value of combined entity - Market value of Goodday equity before merger= $30 - $40 = -$10

3 0

3 years ago

The following units of a particular item were available for sale during the calendar year:

nalin [4]

Answer:

The cost of goods sold for eachs ale and the inventory balance after each sale, assuming the LIFO (last-in, first-out) method:

Cost of goods sold Ending Inventory

Apr. 19 Sale $100,000 $60,000

Sept. 2 Sale $218,000 $40,000

Explanation:

a) Data and Calculations:

Date Description Units Unit Cost Total Balance

Jan. 1 Inventory 4,000 $40 $160,000

Apr. 19 Sale (2,500) (100,000) $60,000

June 30 Purchase 4,500 $44 198,000 258,000

Sept. 2 Sale (5,000) (218,000) 40,000

Nov. 15 Purchase 2,000 $46 92,000 132,000

Cost of goods sold: Ending Inventory

April 19: = 2,500 * $40 = $100,000 = 1,500 * $40 = $60,000

Sept 2: = 4,500 * $44 + 500 * $40 = 1,000 * $40 = $40,000

= $198,000 + $20,000

= $218,000

4 0

3 years ago

In a firm, if the employees attend a training program, then the time to assemble one unit reduces by 10%. Training program will

fomenos

Answer:

The answer is: C) increase both labor and multifactor productivity

Explanation:

An increase in labor productivity happens when an employee can produce a larger number of units using the same amount of time. Labor productivity is part of the total factor productivity (TFP) or the multifactor productivity (MFP). So when the total labor productivity increases, so will the multifactor productivity.

Usually when one type of productivity increases, e.g. labor productivity, other factors of production will also increase their productivity, e.g. capital productivity will increase also. For example, if the worker is trained better, he will produce 2 more units using the same machinery, so because the labor productivity increased, the capital productivity also increased, i.e. the same machine can now produce two more units. That is why productivity is measured as multifactor productivity (or total factor productivity).

8 0

3 years ago

A home equity loan can be risky because the lender can foreclose if you don’t make your payments. True or False

grin007 [14]

Answer: A home equity loan can be risky because the lender can foreclose if you don’t make your payments. The following statement is true.

But the foreclosure depends on the value of your home. Defaulting on a home equity loan could result in a foreclosure. The home equity lender does depends on the value of your home. If you have equity in your home, your lender is more likely to start foreclosure, since it has a seemingly great chances of recovering some of its money. The more equity, the more likely your lender will choose to foreclose.

5 0

4 years ago

The northern rock building society (LSE:NRK) just paid an annual dividend of $0.8 per share. NRK's dividends are anticipated to

Gnesinka [82]

Djjhtkwnwgjjsststgsknbvczhxhffjfjhdshjddjj

5 0

3 years ago