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2 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]2 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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Finding the required interest rate: Your parents will retire in 18 years. They currently have $250,000, and they think they will

Salsk061 [2.6K]

Answer:

i= 8% annual compunded

Explanation:

Giving the following information:

Your parents will retire in 18 years. They currently have $250,000, and they think they will need $1,000,000 at retirement.

We need to calculate the interest rate required to reach the $1 million goal in 18 years without any additional deposit.

FV= PV*(1+i)^n

Isolating i:

i= [(FV/PV)^(1/n)] - 1

i= [(1,00,000/250,000)^(1/18)] - 1= 0.08

i= 8% annual compunded

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....................

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Answer:

The answer to question 12 is C

Explanation:

The reason it is C is because in a report they do not want to hear the sad stories. They would just think that you are just going to try and get in and they would feel sorry for you, but no that will never work they would just decline you. This might have been the standard in the past, but all of this information is now illegal for your employer to ask from you, so there's no need to include it.

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2 years ago