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Andru [333]
4 years ago
10

Price Per Unit Quantity Supplied Quantity Demanded $10 100 295 11 150 275 12 190 250 13 220 220 14 245 180 15 265 135 If a techn

ological advance lowers production costs such that the quantity supplied increases by 60 units of this product at each price, the new equilibrium price would be

Business
1 answer:
Contact [7]4 years ago
6 0

Answer:

$12

Explanation:

Equilibrium price is price at the point where quantity supplied equals the quantity demanded.

Please check the attached image for a table showing how equilibrium was found

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Tara wants to attend a four-year college to become a math teacher. Which statements explain the possible differences in total ye
GenaCL600 [577]

Answer:

  • A public in-state college charges less for in-state tuition than for out-of-state tuition.
  • Tara will most likely have to pay room and board expenses at an out-of-state public college, but might be able to commute to a public college in state.

Explanation:

If Tara wants to study out of state she could face higher tuition costs; public universities generally favor their residents with lower tuition costs, contrary to the charge for students who comes from other states.

Also, if she wants to study outside the state, Tara would have to analyze the costs of a residence and food that she will have to cover if she studies outside the state. On the contrary, if she studies in the state she could live with her family and only cover the transportation costs.

<em>I hope this information can help you.</em>

9 0
4 years ago
Read 2 more answers
For the "determine data needs" activity of a project, the optimistic estimated duration is 10 days, the pessimistic estimated du
fredd [130]

Answer: 15 days.

Explanation: When one makes an optimistic estimation duration of a project, they don't take into account the unforeseen circumstances that could take place within the duration of the work. This may delay the work that would ultimately increase the number of days.

Similarly, when you make a pessimist estimate, you take into account all the delays and breaks and more into account.

Therefore, when you actually start the work you face these delays and more that ultimately gets you in between the predicted optimistic and pessimistic estimate.

6 0
3 years ago
Using a perpetual system, what is the cost of the goods sold for November if the company uses LIFO? Nov. 01 Inventory 24 units a
ikadub [295]

Answer: $758

Explanation:

When using the LIFO ( Last in First Out) method of valuing stock, you sell the stock that came in most recently first then you sell the stock that came the least recently last.

Sold 10 units in November 4 with the most recent inventory being 24 units at $23.

The 10 units therefore cost $23 each.

Sold 24 units on November 17 with the most recent inventory being 29 units purchased at $22 on the 10th of November.

This will therefore be valued at $22 each.

The Cost of Merchandise for the month is therefore,

= (10 * $23) + (24 * 22)

= 230 + 528

= $758

5 0
3 years ago
Match the technologies with the statements that most accurately describe them to test your understanding of how microorganisms a
Klio2033 [76]

Answer:

Biotechnology: Technology that applies the power of microbes toward the manufacture of industrial products, foods, and drugs

Bioremidation: Process that involves the introduction of microbes into the environment to restore stability or to clean up toxic pollutants

Genetic Engineering: Newer technology that manipulates the genetics of microbes, plants, and animals to create new products and genetically modified organisms (GMOs)

6 0
3 years ago
If the multiplier of government spending is 1.30 and government spending is increased by $150 billion, claculate the amount by w
S_A_V [24]

If the multiplier of government spending is 1.30 and government spending is increased by $150 billion, -165billion the amount by Shift of the demand curve will ultimately shift.

The spending multiplier algebra can be used to determine how much government spending would need to increase to bring the economy back to potential GDP when full employment occurs. Total Expenditure = C + I + G + (X - M).

The multiplier of government effect refers to the theory that government spending intended to stimulate the economy increases private spending, which in turn stimulates the economy. Essentially, this theory posits that government spending will bring additional income to households, leading to increased consumer spending.

Learn more about the multiplier of government at

brainly.com/question/14282612

#SPJ4

6 0
2 years ago
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