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baherus [9]
3 years ago
12

The substitution effect is the concept that if the price of x goes ________ , there will be an increase (shift right) to x away

from substitute goods.
Business
1 answer:
oksian1 [2.3K]3 years ago
5 0
The answer is right, if not are there choices
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What are the 3 documents mortgage lenders are required to give you by law?
Paul [167]

Answer: The Loan Estimate, The Closing Disclosure, and The Notice of the Right to Rescind

Explanation:

4 0
3 years ago
SFX Paintball Games, Inc., and Truck & Trailer Delivery Corporation sign an agreement that provides for the payment of "$1,0
Jlenok [28]

Answer:

A liquidated damages clause.

Explanation:

The liquidated damage clause is the clause in which the party who has breach the contract or who has delay the completion of the contract has to pay the damages for the liquidation of the contract

here in the given situation, since the company has an agreement with the other party and if anyone party breach the contract then the price they paid would be $1,000 approx

Therefore this represents the liquidated damages clause

6 0
3 years ago
The supply of coffee has increased twice as much as the demand for coffee. As a result, we can predict a(n):
vichka [17]
Increase in the supply of coffee will result to a decrease in price of coffee, this is because there is more coffee in the market compared to the quantity demanded by the consumers. Hence, the surplus coffee in the market will make the suppliers or the sellers to lower the price so as to clear the stocks.
8 0
3 years ago
scanlon inc.'s cfo hired you as a consultant to help her estimate the cost of capital. you have been provided with the following
sp2606 [1]

The cost of equity is 10.6%.

<h3>What is the explanation?</h3>

The calculation of the question is shown as follows:

Cost of equity = Risk - free rate + (beta*market risk premium)

Cost of equity = 3.25% + (1.4* 5.25%)

Which is equal to 3.25% + (7.35%)

hence cost of equity is 10.6%.

<h3>What are retained earnings?</h3>

Retained earnings refer to the total amount of earnings that a company generates from its operations. This subtracts the dividends shared among stockholders. The retained earnings are then reinvested in business.

To know more about retained earnings, visit:

brainly.com/question/13980094

#SPJ4

The complete question is:

Scanlon Inc.'s CFO hired you as a consultant to help her estimate the cost of capital. You have been provided with the following data: r_RF = 3.25%; R_PM = 5.25%; and b = 1.40.

Based on the CAPM approach, what is the cost of equity from retained earnings?

3 0
2 years ago
You are saving for retirement. To live​ comfortably, you decide you will need to save $ 2 million by the time you are 65. Today
djyliett [7]

Answer:

Annual deposit= $12,473.70

Explanation:

Giving the following information:

Final value= $2,000,000

Number of years= 37

Interest rate= 7%

To calculate the annual deposit required to reach the final value. We need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= {2,000,000*0.07)/ [(1.07^37) - 1]

A= $12,473.70

5 0
3 years ago
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