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rewona [7]
3 years ago
8

Kiwis and strawberries are substitutes for consumers. An increase in the price of a kiwi coupled with an increase in the number

of strawberry growers​ ________ the equilibrium price of a pound of strawberries and​ ________ the equilibrium quantity of strawberries.
a) raises; increases
b) probably changes, but more information is needed to determine if it rises or falls; increases
c) raises; probably changes, but more information is needed to determine if it increases or decreases
d) lowers; probably changes, but more information is needed to determine if it increases or decreases
e) lowers; increases
Business
1 answer:
valentina_108 [34]3 years ago
8 0

Answer:

The correct answer is D

lowers; probably changes, but more information is needed to determine if it increases or decreases

Explanation:

The increase in suppliers for strawberries causes the supply curve to shift to the right causing the equilibrium price to lower fro Po to P1.

The increase of price for Kiwis will move the price from Po to P1. The new price is not at equilibrium, as there has not been a shift in demand or supply as shown in the diagram.

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The bank statement​ _________.A.may show service​ charges, EFT collections from​ customers, and EFT withdrawals B.does not inclu
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Answer:

The correct answer is letter "A": may show service​ charges, EFT collections from​ customers, and EFT withdrawals.

Explanation:

A bank statement shows account holders' transactions during a certain period of time that tends to be one (1) month. This report shows the current balance in the customers' accounts including charges, Electronic Funds Transfers (EFT) collections, and withdrawals as well as payments representing inflows.

<em>Bank statements are useful for clients so they can have control of the expenditures of their accounts.</em>

5 0
3 years ago
Since companies do not know precisely how much demand will be placed on their computing resources in the​ future, an attractive
ratelena [41]
The answer to this question is Elastic
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3 0
3 years ago
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Which of the following is not true in regards to investing in stock?
k0ka [10]

This is <u>not true</u> with regards to investing in stock: <u>A. A stockholder</u> will always receive a profit when the stock is sold.

<h3>Who is a stockholder?</h3>

A stockholder is a <u>part-owner</u> of a company who holds a stock.

The stockholder or shareholder may be a person, an institution, or another company.

Thus, it is <u>not true</u> that <u>A. A stockholder</u> will always receive a profit when the stock is sold.

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3 0
2 years ago
To StaySafe around electricity, Ted needs to:
Assoli18 [71]
I would say C. Make sure electrical hazards are resolved immediately. <span />
4 0
4 years ago
Read 2 more answers
uppose the government imposes a tax of T dollars per unit on the monopolist, andtherefore the monopolist’s marginal cost is now6
san4es73 [151]

Answer:

Explanation:

A monopolist Inverse Demand Curve is Given as: P=24-Q

And we are also Given the Marginal Cost (MC) = $6

The Revenue of the Monopolist would be:

R=PXQ = 24Q - Q

Marginal Revenue= 24-2Q

A) Monopolist would produce at the price corresponding to the quantity of : MR=MC

24 – 2Q = 6

20 = 24 – 6 = 18

Q = 9

SO the Profit maximizing price would be: P=24-Q = 24-9 = 15

Thus profit maximizing price and Quantity are: P^*= $15 and Q^*=9

Profit = Revenue - Cost

Cost = Average Cost * Quantity = 6Q

Profit = 24Q-Q2-6Q = 18Q - Q2 = 18 X 9 -9

Profit = 81

Part B::

Now Government imposes a tax, on this monopolist, T.

So new MC= 6+T

Lets solve for Profit maximizing Price:

MR=MC

24-2Q=6+T

Q=\frac{18-T}{2}

and Price:

P=24-Q = 24-\frac{18-T}{2}

P=15+\frac{T}{2}

Thus Now the monopolist would charge Half of this tax from consumers.

7 0
3 years ago
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