The amount supplied will be greater than the amount demanded is non-price factors, such as discrimination or waiting in line, will play a greater role in the allocation of the good.
Demand is influenced by a number of economic factors besides price. Numerous more non-price factors, usually referred to as underlying determinants, can influence demand.
A force outside of supply that influences consumer demand for a product is known as a non-price determinant of demand. Ice cream, for instance, is less popular in the winter than in the summer because people don't want to be chilly. As a result, a change in the weather is a non-price determinant that influences ice cream prices. Demand is also affected by factors other than price, such as the cost of complementary and replacement products, income, expectations, and preferences and tastes.
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The price control that would cause a shortage of 20 units of the good is price celling set at $6.
<h3>What is
price celling ?</h3>
A price ceiling, can as well be regarded as the price cap, which is the highest point at which goods and services can be sold.
This serves as the type of price control as well as the the maximum amount in the market, and in the case , that is described above , The price control that would cause a shortage of 20 units of the good is price celling set at $6.
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Most likely the best colleges in the US would be the ivy league schools like Princeton, Harvard, and Yale
Answer:
C. A stock's beta can be calculated by comparing its returns to the market's returns over some time period because the beta coefficient measures a stock's volatility relative to market.
Explanation:
A stock`s beta is a risk assessment metric that is used to measure the volatility of a security in relation to the market. The metric compares the risk of an investment with the average market risk of that investment.
Since stock`s beta measures market risk in relation to the security, it can be calculated by comparing its returns to the market`s returns over some time period which gives beta coefficient as a result.
If beta coefficient is above 1, it means the volatility of the security is high. If it`s 1, it means the security risk equals the market risk. If it is below 1, it means the security risk is less than the market risk.
Other options are wrong.
Option A is wrong because security`beta measures security risk in relation to the market, not other securities. Option B is wrong because stock`s beta is more relevant to an investor with well-diversified portfolio to measure risks across market.
Option D is wrong because returns can be negatively correlated without any of the firm having negative beta
Option E is wrong because holding an individual stock is always riskier than combining stocks in a portfolio.
So only option C is right as described above.
Answer:
$537,000
Explanation:
Contribution margin is used to determine the profitability of a product. it is price less variable cost
Contribution margin = total sales - variable costs
$ 768,000 - $231.000 = 537,000
