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3 years ago

Say that equilibrium price remained constant and quantity rose. what would you say was the most likely cause?

Business

1 answer:

vladimir1956 [14]3 years ago

3 0

The quantity rose was mostly likely cause

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Jeff works as a computer repair technician

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The answer to the question above as to what types of income does Jeff have if he works as a computer repair technician and he has money in a savings account and he owns some stock as an investment, Jeff gains his income through salary from his job as a repair technician, interest in the savings account and dividend in the stocks.

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3 years ago

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Listening well is an important skill that falls under what skill category?

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3 years ago

Why do consumers benefit from free trade and the resulting competition between businesses?

Helga [31]

The answer for this question is: <span>Competition tends to drive down prices and improve quality
When free trade exist, every businesses must heavily compete in order to win the customers' favor.
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4 years ago

Stryder, Inc. has 3 million shares outstanding at a current price of $15 per share. The book value of the shares is $10 per shar

frosja888 [35]

Answer:

Market value of firm= $75,300,000

Explanation:

When a company issues shares, it exchanges it's equity for capital that is required to run its business. The outstanding shares of a company are the number of shares that the company has given out to shareholders.

Value of shares is used to estimate the companie's value.

To get the market value of the firm we use the following formula.

Market value of firm= market value of liabilities + market value of equities.

Market value of firm= (30,000,000* 1.01)+ (3,000,000* 15)

Market value of firm= 30,300,000+ 45,000,000

Market value of firm= $75,300,000

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4 years ago

Production and sales estimates for March for Robin Co. are as follows: Estimated inventory (units), March 1 18,000 Desired inven

nevsk [136]

Answer:

Production = 27600 units

Explanation:

The number of units that must be produced during the month should be enough to meet the selling requirement for the month plus the desired level of ending inventory. Any starting of beginning inventory at the start of the month will reduce the number of units to be produced. Thus, the formula to calculate production for the month is,

Sales = Opening inventory + Production - Closing Inventory

Total sales = 7000 + 8000 + 9000 = 24000

24000 = 18000 + Production - 21600

24000 + 21600 - 18000 = Production

Production = 27600 units

7 0

3 years ago