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zlopas [31]
3 years ago
11

What would happen to the demand curve for movie tickets if the cost of making movies increased sharply? 2. What would happen to

the demand curve for movie tickets if the price of a pay-per-view movie rental increased by $5.00? 3. What would happen to the equilibrium price and the supply curve for loaves of bread if the bakery agreed to give its workers a 10 percent raise in pay?
Business
1 answer:
Romashka [77]3 years ago
3 0

Answer:

Demand curve will drop

Explanation:

Whenever the cost of production increases in optional commodities and services, the demand is likely to drop because such product or services if produces in large quantity may not bring back the cost incurred, and besides such product or services can be substituted for something else. Production is simply affected.

If price increase in the cost of the product or services, demand will could drop if it is a none essential commodity. This is so because price determines production rate and the product or services in question.

As for bread which is an essential commodity, an increase in employees pay will be factored into the price of production and cost increased alongside demand because it is food item and not an optional product and services.

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MC Qu. 160 Webster Corporation's monthly... Webster Corporation's monthly projected general and administrative expenses include
Cloud [144]

Answer:

the total general and admin expense is $8,200

Explanation:

The computation of the total general and admin expense is given below:

Administrative salaries $4,300

Other cash administrative expenses $1,700

Depreciation  $2,200

General and administrative expenses budget $8,200

hence, the total general and admin expense is $8,200

We simply added the above 3 items so that the correct value could come

5 0
3 years ago
The Phillips curve exhibits A. the situation where cyclical unemployment becomes zero. B. the relationship between the unemploym
Sav [38]

Answer:

B) The relationship between the unemployment and the inflation rates

Explanation:

6 0
3 years ago
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In preparation for developing its statement of cash flows for the year ended December 31, 2016, Millennium Solutions, Inc., coll
-Dominant- [34]

Answer:

$7 million

Explanation:

Investing activities: it monitors the operations that include buying and selling long-term assets. The buying is a cash outflow, while the selling is a cash inflow

The computation of the net cash flows is shown below:

Cash flow from Investing activities  

Proceeds from sale of equipment $8 million

Acquisition of building for cash -$7  million

Purchase of marketable securities (not a cash equivalent) -$5 million

Collection of note receivable only principal amount $11 million

Net Cash flow from Investing activities $7 million

6 0
3 years ago
Tele-com, inc., the nation's largest cable tv company, tested the effect of a price reduction for the disney channel. it lowered
Sladkaya [172]
<span>This means that there were customers that were wanting the Disney channel, but did not get it because it was too expensive. Once the price went down these customers bought the service. The cable company test showed that they should keep their prices for the Disney channel low to generate more revenue. Even if they only had one customer to begin with they would only be making $10.75, and when they lowed their prices they would be making at least $15.90.</span>
8 0
3 years ago
Sloan Transmissions inc.,has the following estimates for its new gear assembly project: price=$2,200 per unit., variable cost= $
jeyben [28]

Answer:

Best case

Price 2,640

Variable cost per unit 352

Fixed cost 1.28 million

Quantity 108,000 units

Worst case

Price 1,760

Variable cost per unit 528

Fixed cost 1.92 million

Quantity 72,000 units

Explanation:

Based on the information given in the best case expenses would be 20% lower while the incomes will be 20% higher.

Calculation for the price

Price = 2,200 ×(1+0.20)

Price=2,200×1.2

Price = 2,640

Calculation for Variable cost per unit

Variable cost per unit = 440× (1-0.20)

Variable cost per unit=440×0.80

Variable cost per unit= 352

Calculation for fixed cost

Fixed cost = 1.60 million ×(1-0.20)

Fixed cost=1.60 million× 0.80

Fixed cost= 1.28 million

Calculation for the Quantity

Quantity = 90,000 × (1+0.20)

Quantity =90,000×1.2

Quantity=108,000units

Therefore, Best case will be:

Price 2,640

Variable cost per unit 352

Fixed cost 1.28 million

Quantity 108,000units

Based on the information given in the worst case expenses would be 20% higher while incomes would be 20% lower.

Calculation for the price

Price = 2,200 × (1-0.20) = 1080

Price=2,200 ×0.8

Price=1,760

Calculation for the Variable cost per unit

Variable cost per unit = 440 × (1+0.20)

Variable cost per unit=440× 1.2

Variable cost per unit= 528

Calculation for Fixed cost

Fixed cost = 1.60 million × (1+0.20)

Fixed cost=1.60 million×1.2

Fixed cost= 1.92 million

Calculation for the Quatity

Quantity = 90,000 ×(1-0.20)

Quantity=90,000×0.8

Quantity= 72,000 units

Therefore Worst case will be:

Price 1,760

Variable cost per unit 528

Fixed cost 1.92 million

Quantity 72,000 units

6 0
3 years ago
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