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Step2247 [10]
3 years ago
8

Discuss what happens to the equilibrium price and quantity of Colgate Toothpaste when there is an increase in the demand for Col

gate Toothpaste but no change in the supply. What could cause an increase in the demand for Colgate Toothpaste but no change in supply?
Business
1 answer:
Arte-miy333 [17]3 years ago
8 0

Answer:

The demand of a product may increase due to several factors, including a decrease in the product's price, an increase in the price of the competition (substitute products), a decrease in the price of complement, or an increase in consumer income.

The company can only control the price they charge for the product, but they do not control the other external factors. If the supplier is able to increase the quantity supplied, the equilibrium price might not vary at least in the short run. If the external factors continue then the equilibrium will probably increase.

If the quantity demanded for Colgate increases, but the supplier is not able to increase the quantity supplied, then the equilibrium price will increase due to a shortage of the product.

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Suppose that video game discs are a normal good. If the incomeof video game players increase, you predict that in the market for
arlik [135]

Answer:

Option (D) is correct.

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2 years ago
An investment, which is worth 26,800 dollars and has an expected return of 4.28 percent, is expected to pay fixed annual cash fl
Dennis_Churaev [7]

Answer:

Present Value =  $22,663.69

Explanation:

<em>The present value of a sum expected in the future is the worth today given an opportunity cost interest rate. In another words ,it is amount receivable today that would make the investor to be indifferent between the amount receivable today and the future sum.</em>

The present value of a lump sum can be worked out as follows:

PV = FV × (1+r)^(-n)

PV - Present value - ?

FV - Future value - 26,800

r- Interest rate per period - 4.28%

n- number of periods- 4

PV = 26,800 × (1.0428)^(-4)=22,663.69

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7 0
3 years ago
A cube has a side length (s) of 5 centimeters. The expression 6s2 gives the surface area of the cube and the expression s3 gives
Anastaziya [24]

Answer:

The volume and surface area of the cube is 125 cm³ and 150 cm² respectively.

Explanation:

The expression for the surface area of the cube :

A = 6s²

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V = s³

We need to find the volume and surface area of the cube.

For surface area : S = 6(5)² = 150 cm²

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Hence, the volume and surface area of the cube is 125 cm³ and 150 cm² respectively.

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