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3 years ago

according to the law of supply if the price of apple juice rises producers of apple juice will be willing and able to.

Business

1 answer:

Sergio [31]3 years ago

3 0

Answer:

Increases the Quantity Supply of apple juice.

Explanation:

According to the law of supply, there is a positive relationship between the price of the good and the quantity supply of that good.

If the price of a particular good increases then as a result the quantity supplied of that good also increases because it will become more profitable for the producers to supply more quantity of goods.

Hence, if the price of apple juice increases then as a result the producers are willing and able to supply more quantity of apple juice.

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Suppose the gdp is in equilibrium at full employment and the mpc is .80. if government wants to increase its purchase of goods a

melamori03 [73]

The marginal propensity to consume is a metric that quantifies the concept of increase in consumption with an increase in income. Mathematically MPC is defined as:

MPC = Change in consumption / Change in income

Purchase of goods and services is considered as consumption, therefore:

Change in consumption = $16 billion

In the government’s perspective, taxes are considered as income, therefore the problem ask us to find for the necessary change in tax collection to maintain equilibrium GDP. Substituting the values in the formula:

0.80 = $16 billion / Change in income

Change in income = $20 billion

Therefore the government should increase the tax collection by $20 billion.

6 0

3 years ago

Read 2 more answers

Frequently, project managers lack legitimate power based upon position and instead resort to persuading others based upon person

love history [14]

Answer:

B. referent power is the correct answer.

Explanation:

Referent power is the capability of a leader who has the power to influence and motivate followers.

Referent power is power gained by those individuals who have influential and effective interpersonal relationships abilities.

The advantage of referent power is that the referent leader has the ability to motivate and inspire the workers to be dedicated to their works.

5 0

3 years ago

Market equilibrium Consider the demand function of tofu given by Qd = 150 – 10p + 5pb and the supply function of tofu given by Q

ser-zykov [4K]

Answer:

a) Qs = 50 + 20p - 7ps

= 50 + 20p - 7×(2)

= 50 + 20p - 14

= 36 + 20p

At equilibrium, $Q_{d}$ = $Q_{s}$

So, 150 - 10p + 5 $p_{b}$ = 36 + 20p

So, 20p + 10p = 30p

= 150 - 36 + 5 $p_{b}$

= 114 + 5 $p_{b}$

So, p = (114/30) + (5/30) $p_{b}$

= 3.8 + 0.17 $p_{b}$

Thus, $p_{e}$ = 3.8 + 0.17 $p_{b}$

Q = 36 + 20p

= 36 + 20(3.8 + 0.17 $p_{b}$ )

= 36 + 76 + 3.4 $p_{b}$

= 112 + 3.4 $p_{b}$

Thus, $Q_{e}$ = 112 + 3.4 $p_{b}$

b) $p_{e}$ = 3.8 + 0.17 $p_{b}$

= 3.8 + 0.17×(5)

= 3.8 + .85

= 4.65

$Q_{e}$ = 112 + 3.4 $_{b}$

= 112 + 3.4(5)

= 112 + 17

= 129

c) Qd = 150 - 10p + 5pb = 150 - 10(2.5) + 5(5) = 150 - 25 + 25 = 150

Qs = 36 + 20p = 36 + 20(2.5) = 36 + 50 = 86

Thus, there is excess demand as $Q_{d}$ > $Q_{s}$

d) New $Q_{d}$ = 180 - 10p + 5 $p_{b}$

= 180 - 10p + 5×(5)

= 180 - 10p + 25

= 205 - 10p

Now, new $Q_{d}$ = $Q_{s}$ gives,

205 - 10p = 36 + 20p

So, 20p + 10p = 205 - 36

So, 30p = 169

So, p = 169÷30

So, $p_{e}$ = 5.63

Q = 205 - 10p = 205 - 10×(5.63) = 205 - 56.3 = 148.7

So, $Q_{e}$ = 148.7

6 0

3 years ago

Assume a company has a cost of capital that is greater than zero and has cash flows related to the changes in net working capita

Otrada [13]

Answer:

A. Decrease

Explanation:

In investment appraisal with the method of Net Present Value, the bone of contention and the central matter is the TIME VALUE OF MONEY.

In the above scenario, the initial working capital was 100% released in proportions of 40%, 40% and 20%, throughout the 3 years of the project. However, if the reverse had been the case, i.e. parting with more cash now and the requirement of working capital now becomes: Year 0 = -10,000, Year 1 = - 10,000, Year 2 = -10,000, Year 3 = +30,000; the NPV would definitely shrink because the value of 10,000 each in Years 0-2 would not be the same when it is recovered from the project in year 3. The value will be smaller and hence the NPV of the project would have decreased as a result of the time value of money.

7 0

3 years ago

Veronica is thinking about getting a prepaid debit card. She has made a list of good reasons to get the card. What reason should

Anna [14]

Going out to buy things that she doesn't need in life

3 0

3 years ago