The answer is: <u> master limited partnership ; or, "MLP" </u><u /> .
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Answer:
b. Cannot tell the change in equilibrium quantity. The equilibrium price will decrease
Explanation:
Two things are going on here
1. Income decreases, that will shift demand inwards. People can buy fewer goods at any given price
2. New technology is discovered, that shifts supply outwards. Costs are reduced so producers can produce more at a given price
The resulting effects are that price will decrease but the result in quantity is undetermined. This can be seen with the two examples attached. In both cases, the shifting of the curves from D0->D1 and S0->S1 results in lower prices. However, in one case the equilibrium quantity goes up and in the other goes up.
I think it would be generic brand
Answer:
Let me give you an example of a segment addition problem that uses three points that asks the student to solve for x but has a solution x = 20.
First, I assumed values for each x, y and z and then manipulated their coefficients to get the total at the end of each equation.
20 + 10 +30 = 60
40 + 0 + 40 = 80
40 + 10 = 50
Then exchangeing these numbers into values and we have the following equation.
x + 2y + 3z = 60
2x + 4z = 80
2x + z = 50 so its easy
If you will solve them manually by substituting their variables into these equations, you can get
x = 20
y = 5
z = 10
Explanation:
Answer:
Direct Material Price Variance = $300 Favorable
Explanation:
Direct Material Price Variance = (Standard Price - Actual Price)
Actual Quantity
Standard Price = $4 per pound
Actual Price =
= 
Since the actual price is less than the standard price the variance will be favorable as the amount paid for actual use is less then the estimated standard cost.
Thus, direct material price variance = ($4 - $3.8)
1,500
= $300 Favorable