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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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You can offer investment products and services only if you are a registered representative of Northwestern Mutual Investment Ser
ElenaW [278]

Answer:

The correct answer is (A) True.

Explanation:

Northwestern Mutual Investment Services, LLC products and services are only offered and sold by duly certified and designated entities and financial representatives. Financial representatives may not represent all the entities we show or all the services mentioned on this website. Not all products and services are available in all states.

8 0
3 years ago
Michelle owns a rental property in San Diego that she has rented to Luis for four years. The street on which the house is locate
ivolga24 [154]

Michelle must give Luis a sixty-day written notice of the lease termination because he has lived in the property for more than one year.

Explanation:

The landlord must send a 30-day notice of termination in writing with the occupant at the cost of his will, unless the owner stays in the house for more than one year, which includes a notice of 60 days.

The 60 Days Lease Termination Letter is an appointment for a residential property owner to use when he wishes to vacate a tenant for at least a year or more after residing in the house.

In California, a landlord can terminate a rental after a tenant has spent a year or more on the property and has provided the tenant with a notice of sixty days.

8 0
3 years ago
When Raymond and Lyle orally agreed to become general partners in a construction business, nothing was said about profits and lo
Over [174]

Answer:

The profit is shared among the partners according to the ratio given in the partnership deed.

This can be agreed in two ways according to the agreement deed:

1) The profits could be shared according to the partnership deed equally or whatever ratio is given in the deed.

2) As Lyle provides services as an architect, draftsperson, and business manager he can be paid separately  for his services . Suppose he is paid $ 50,000 then the profit can be shared after deduction of the salary in the profit sharing ratio,  which would be $ 120,000 - $ 50,000 = $ 70,000

in the ration of 3:1 then Raymond would get $ 52,500 and Lyle $ 17,500 Plus Salary $ 50,000.

4 0
3 years ago
Which three sources supply the majority of commercial energy in the world today?.
lesya692 [45]

Answer:

Coal, oil, and natural gas

Explanation:

7 0
3 years ago
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In 1679 new hamisphere was
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In 1679 , New hemisphere was separated from Massachusetts.
                New hemisphere become a royal colony of the british crown.
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3 years ago
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