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3 years ago

Consider the market for portable air conditioners in equilibrium. A summer of unseasonably cool weather would cause:

2 answers:

4 0

C.

First consider the effects on demand and supply. What will occr is that demand will decrease and the curve will shift to the left. As a result, if you draw the diagram out, equilibrium price and quantity will decrease.

Thepotemich [5.8K]3 years ago

3 0

Answer:

The correct answer is A. equilibrium price to increase and equilibrium quantity to decrease.

Explanation:

DETERMINANTS OF THE OFFER:

The price of the good: increasing the price of the good will increase the quantity offered and vice versa.
Price of resources and inputs used in the production of the good: As the price of the inputs of a good increases, its supply will decrease and vice versa. When talking about the price of resources and inputs, it refers to the price of labor (wages), price of raw materials, energy prices, interest rates, etc.
Production technology: by improving technology in production, the supply of a good will increase.
Expected future prices: If the price of the produced good is expected to increase in the short term, the offer will increase, and vice versa.
Number of bidders: With a larger number of bidders the offer of a good will increase and vice versa.

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Suppose the economy goes from a point on its production possibilities frontier (PPF) to a point below that PPF. Assuming that th

qaws [65]

Answer:

The correct answer is: a new law that interferes with economic efficiency.

Explanation:

A production possibilities frontier shows all the points where production is efficient. The resources are being completely employed. The points above the frontier are unattainable. The points below the frontier are attainable but inefficient.

If there is a movement from the frontier to a point below it. This means inefficient allocation of resources. It can happen because of some law interfering in efficient allocation of resources.

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3 years ago

According to state agencies that monitor day care facilities, a typical sanitation requirement is that one toilet and handwashin

kompoz [17]

After the word every the answer would be "students"

Final answer,

According to state agencies that monitor day care facilities, a typical sanitation requirement is that one toilet and handwashing fixture be provided for <span>every student</span>

6 0

2 years ago

Sue and Neal are twins. Sue invests $5,000 at 7 percent when she is 25 years old. Neal invests $5,000 at 7 percent when he is 30

dolphi86 [110]

Answer:

Sue will have more money than Neal as long as they retire at the same time

Explanation:

Both Neal and Sue invest the same amount ($5,000) at same interest rate (7%). In the compound interest rate formula only the time is differ. When they retire at age 60, Sue has 5 years more than Neal meaning Sue earn more interest than Neal.

3 0

2 years ago

Exercise 11-1 Compute the Return on Investment (ROI) [LO11-1] Alyeska Services Company, a division of a major oil company, provi

Jobisdone [24]

Answer:

1. 28.09 %

2.0.50 times

3.13.97 %

Explanation:

Margin = Profit / Sales × 100

= $ 5,000,000 / $ 17,800,000 × 100

= 28.09 % (2 decimal places.)

Turnover = Sales / Total Assets

= $ 17,800,000 / $ 35,800,000

= 0.50 times (2 decimal places.)

Return on investment = Divisional Profit Contribution / Assets employed in the division × 100

= $ 5,000,000 / $ 35,800,000 × 100

= 13.97 % (2 decimal places.)

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2 years ago

Stephen Thublin invests $1,000,000 in a 45-day certificate of deposit with 6.55% interest. What is the total interest income fro

givi [52]

Answer:

$8187

The CD has a rate of 6.55%. This rate is always annual. then, the interest paid for a year is $65.500. (360 days)

As the CD has a term of 45 days only the final interest paid is $8187

6 0

3 years ago