Answer:
Q = 10
Explanation:
Assuming that supply remains the same, the new supply and demand equations are, respectively:

The equilibrium quantity occurs at the point for which the prices in the supply and demand equations are the same:

The new equilibrium quantity is Q = 10.
Answer:
The recognized gain or loss is -$4000.
Explanation:
Gift property value = $49000
fair market value = $35000
realized loss = sale price - fair market value
= $31000 - $35000
= -$4000
Therefore, The recognized gain or loss is -$4000.
Kei·ret·su
kāˈretso͞o/
noun
(in Japan) a conglomeration of businesses linked together by cross-shareholdings to form a robust corporate structure.
Answer:
$144.81 bil or $22.99 per share
Explanation:
We can apply discounted dividend model (DDM) to value the stock in this example because share repurchase is equivalent to cash dividend, which are both cash paid out to shareholders of the company.
DDM is stated as below:
V_o = [D_o x (1 + g)]/(r - g), where:
V_o: Intrinsic value of the company
D_o: Current dividend or Share repurchased in cash;
g: Dividend growth;
r: cost of equity.
Putting all the number together, we have:
V_o = [4.92 x (1 + 8.9%)]/(12.6% - 8.9%) = 144.81 bil or 144.81/6.3 = 22.99 per share
Answer: Reference price
Explanation:
According to the question, the manufacturer suggested retail prices (MSRP) is basically used as the the reference price as it is refers to the price where the buyer willing to pay the price for the products and the services in the market.
It is also known as the competitor pricing and the reference pricing is mainly used by the high volume buyers.
The reference price make easily accessing the quality of the products and its actual price to the customers in the market for avoid any type of confusion.
Therefore, Reference price is the correct answer.