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telo118 [61]
3 years ago
6

When people move to an area of the world that was previously unpopulated, we expect more consumers and more producers to spring

up in that area. What would we expect to happen to the price and quantity in the markets where this happens?a) The equilibrium price will go up and the equilibrium quantity will go up. b) The equilibrium price will go down and equilibrium quantity will be indeterminate. c) The equilibrium price will be indeterminate and equilibrium quantity will go up. d) The equilibrium price will go up and equilibrium quantity will be indeterminate. e) The equilibrium price will be indeterminate and equilibrium quantity will go down.
Business
1 answer:
lukranit [14]3 years ago
4 0

Answer:

The correct answer is option c.

Explanation:

When people move to a previously unpopulated area, the quantity of both consumers as well producers will increase. This will create an increase in both the demand as well as the supply. Both the demand and the supply curve will move to the right.

This rightward shift in both the demand as well as supply curve will lead to an increase in equilibrium quantity. The change in equilibrium price will depend upon the extent of change in demand and supply.

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You interview with an athletic footwear manufacturer that has annual advertising expenditures of $32 million and total sales rev
son4ous [18]

Answer:

elastic.

Explanation:

The advertising elasticity of demand measures how sensitive a market and sales are to marketing expenses. Advertising elasticity is calculated by dividing the change in quantity demanded by the percentage change in advertising expenses. Generally products with low advertising elasticity tend to have elastic demands.

8 0
2 years ago
Pet World is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR c
Len [333]

Answer:

C) 2.57%

Explanation:

Pet World's net cash flows:

<u>Year  </u>                  <u>Cash flow</u>

0                           -$9,500  

1                             $2,000

2                            $2,025

3                            $2,050

4                            $2,075

5                            $2,100

In order to find the rate of return we can use an excel spreadsheet and the IRR function =IRR (values,[guess]) =IRR (-9500,2000,2025,2050,2075,2100)

=IRR = 2.57%

3 0
2 years ago
When meeting a CEO whom he hoped to win over as a new client, James, dressed in an Armani suit, introduced himself from across h
Alexxandr [17]

Answer: Wearing high status clothing

   

Explanation: In simple words, Non verbal communication refers to the act of making any remark or statement without using language. It could be done by using body posture, dressing sense or eye contact etc.

In the given case, James tried to persuade his clients by showing that he belongs to the high class of the society and maintains a high status. He did so by wearing the expensive clothes. Such persuation will result in perception that James is hardworking and trusted.

Hence from the above we can conclude that the correct option is B.

5 0
3 years ago
Read 2 more answers
The stated interest rate is the rate quoted in the bond contract used to calculate the cash payments for interest.
Drupady [299]
That statement is true

A stated interest rate is the return of investment that is not compounded by the interest accumulation throughout the years.
In general,  a stated interest rate will give us a lower amount of return compared to effective annual interest rate that compound the accumulation throughout the years,
8 0
3 years ago
How do you do income statement​
igomit [66]

To prepare an income statement, you will need to generate a trial balance report, calculate your revenue, determine the cost of goods sold, calculate the gross margin, include operating expenses, calculate your income, include income taxes, calculate net income and lastly finalize your income statement with business details and the reporting period.

If you can't find the time to make one from scratch, there are templates that can be used to help.

gross margin :  the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides.

net income : net earnings, is calculated as sales minus cost of goods sold, selling, general and administrative expenses, operating expenses, depreciation, interest, taxes, and other expenses.

3 0
2 years ago
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