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Alex73 [517]
3 years ago
12

If the demand for a product decreases, we would expect a equilibrium price and equilibrium quantity to both decrease. b equilibr

ium price and equilibrium quantity to both increase. c equilibrium price to decrease and equilibrium quantity to increase. d equilibrium price to increase and equilibrium quantity to decrease.
Business
1 answer:
seropon [69]3 years ago
8 0

Answer:

a. Equilibrium price and equilibrium quantity to both decrease.

Explanation:

When the demand of a product decreases, it generates an excess supply at the initial price and this will generate the price to decrease. When the price goes down, suppliers are not willing to sell the same amount of products which will cause a decrease in the quantity.

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Gillian is consuming her optimal consumption bundle of peanuts and raisins. The marginal utility associated with the last peanut
olchik [2.2K]

Answer: The price of peanuts realitve to that of raisins must be 2.

Explanation: Mathematically, relative prices are defined as:

Relative price of Good A with respect to Good B = Price of A / Price of B

So: Relative price of peanuts respect to raisins = Price of peanuts / Price of raisins

...

<u>Relative price of peanuts respect to raisins = 4 / 2 = 2.</u>

<u></u>

3 0
3 years ago
Due to the complexity of the incident, the Incident Commander has expanded the Operations Section to include an Evacuation Group
Gnom [1K]

Answer:

Modular Organization

Explanation:

Modular organization is an Incident Command System structure that employs a top-down approach and identify a response organization structure on the basis of the size, complexity, or hazardous effect of an incident. It is the responsibility of the Incident Commander to establish and expand the modular organization as was the case in the example. The ICS organization was expanded to include the Evacuation Group due to the size, complexity, or severity of hazard.

3 0
2 years ago
The welding department supplies parts to the final assembly line. Management decides to implement a kanban system and has collec
const2013 [10]

Answer:

25 containers

Explanation:

The computation of the number of kanban containers required is shown below:

= (Lead time demand + Safety stock) ÷ Container size

where,

Lead time demand is

= 2,000 units × 4 days

= 8,000 units

Container size = 400 units

Safety Stock is

= 1 day × 2,000 units

= 2,000 units

So, the number of kanban containers required is

= (8,000 units + 2,000 units) ÷ (400 units)

= 25 containers

We simply applied the above formula

6 0
2 years ago
What are two key elements in deciding how to collect data for marketing research?
aleksandrvk [35]

The answer is:

(1) setting the research objectives

(2) identifying possible marketing actions

What is marketing research?

  • Market research is the method of deciding the reasonability of a modern benefit or item through research conducted straightforwardly with potential clients.
  • Market research permits a company to find the target advertise and get conclusions and other criticism from consumers about their intrigued within the item or service.
  • This sort of research can be conducted in-house, by the company itself, or by a third-party company that specializes in advertise inquire about.
  • It can be done through overviews, item testing, and center bunches.
  • Test subjects are as a rule compensated with item tests or paid a small stipend for their time.
  • Market inquire about could be a basic component within the inquire about and improvement (R&D) of a modern item or service.

To know more about the marketing research visit:

brainly.com/question/24906199?

#SPJ4

7 0
1 year ago
On January 1, 2017, Dawson, Incorporated, paid $100,000 for a 30% interest in Sacco Corporation. This investee had assets with a
aalyn [17]

Answer:

The amount allocated to goodwill at January 1, 2017, is: $16,000

Explanation:

We talk of goodwill when a company acquires another one and is the difference between the cost to purchase the business minus the fair market value of the tangible assets netted the liabilities.

In this case the fair value of the assets is:

Assets $550,000 + $40,000 - $10,000= $580,000

The book value of the assets is corrected with the fair value, in this case we correct the value of the patent.

Liabilities $300,000

porcentage acquired 30%

price paid $100,000

$100,000 - ((580,000-300,000)*30%) = $16,000

5 0
3 years ago
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