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GrogVix [38]
3 years ago
8

Rhiannon is confident she can complete a difficult problem set in one of her engineering courses. rhiannon has high self-:

Business
1 answer:
zalisa [80]3 years ago
6 0
<span>Rhiannon has high self-efficacy. This means that she has a high belief in her ability to succeed. This is likely to set up a self-fulfilling prophecy, and make her more likely to actually succeed. Rhiannon knows that she has the capability to do the task, but she also knows that she will perform the behavior needed to complete it.</span>
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Perfect competition is characterized by all of the following except A. homogeneous products. B. sellers are price takers. C. hea
Likurg_2 [28]

Answer:

c they don't have enough money

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3 years ago
When p = $5, the quantity demanded of a good is 30 units, and the quantity supplied of the good is 50 units. For every $1 decrea
Neporo4naja [7]

Answer: Equilibrium price is $3 and equilibrium quantity is 40 units.

Explanation:

Demand equation is given by,

Qd= a-bP When P=$5, Qd=30 30 = a – 5b Change in Quantity demanded =  Change in a – (b Change in P) 5 = 0 – b(-1) b=5 So, a = 55

Therefore the demand equation is given by, Qd= 55 – 5P

Supply equation is given by

Qs= c + dP When P=$5, Qs = 50 50 = c + 5d Change in Quantity supplied = Change in c + d(Change in P) -5 = 0 + d(-1) d=5 So, c=25

Therefore, the supply equation is given by,  

Qs= 25 + 5P

Equilibrium is given by

Qd=Qs 55 – 5P= 25 + 5P 30=10P P=$3 And  Equilibrium quantity is, Q= 55 – 5(3) = 55 – 15 = 40 units.

8 0
3 years ago
Which of the following is NOT an employer responsibility stated in OSHA’s Bloodborne Pathogens Standard?
blondinia [14]
C. Take minimal precautions
4 0
3 years ago
You can now sell 70 cars per month at $35,000 per car, and demand is increasing at a rate of 4 cars per month each month. What i
Eduardwww [97]

Answer:

the fastest we could drop your price before your monthly revenue starts to drop is $2,000

Explanation:

Data provided in the question:

Cars sold per month, Q =  70 cars

Price of each car, P = $35,000

Rate of increase in demand, \frac{dQ}{dt} = 4 cars per month

Now,

Revenue, R = Price(P) × Quantity (Q)

Thus,

When monthly revenue starts to drop i.e \frac{dR}{dt} < 0

⇒ \frac{dR}{dt} = \frac{d(PQ)}{dt} < 0

or

⇒ P\frac{dP}{dt}+Q\frac{dQ}{dt} < 0

or

⇒ 70\times\frac{dP}{dt}+35,000\times4 < 0

or

⇒ 70\times\frac{dP}{dt} < - 140,000

or

\frac{dP}{dt} < - 2,000

Hence,

the fastest we could drop your price before your monthly revenue starts to drop is $2,000

7 0
3 years ago
The pharmaceutical industry often justifies the high prices for new drugs by arguing that they research as many as one hundred n
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