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8090 [49]
3 years ago
7

Suppose the price of a substitute to lcd televisions rises. what effect will this have on the market equilibrium for lcd​ tvs? t

he equilibrium price of lcd tvs will:_________
a. increase and the equilibrium quantity will increase.
b. not change and the equilibrium quantity will not change.
c. decrease and the equilibrium quantity will increase.
d. increase and the equilibrium quantity will decrease.
e. decrease and the equilibrium quantity will decrease.

Business
1 answer:
STatiana [176]3 years ago
4 0

Answer:

a. increase and the equilibrium quantity will increase. 

Explanation:

If the price of a substitute to lcd televisions rises, the demand for lcd tvs increase. This would lead to an increase in price and equilibrium quantity.

I hope my answer helps you.

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In the following situation, imagine you are a waiter at a restaurant. See if you can put this list of tasks in
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What is the model called that determines the present value of a stock based on its next annual dividend, the dividend growth rat
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The correct answer is letter "B": dividend growth.

Explanation:

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4 years ago
What is one major measure of economic growth?
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4 0
3 years ago
Match each of the following contract principles to the statement that best fits it: A. bargained-for exchange of value to the pa
AnnZ [28]

Answer:D.both parties to the contract agree on the contract terms

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8 0
3 years ago
PRO FORMA INCOME STATEMENT Austin Grocers recently reported the following 2016 income statement (in millions of dollars): Sales
padilas [110]

Answer:

Net income = $169.2

Growth in dividend = 76.25%

Explanation:

The projected figures are as below:

Sales = $700 x (1 + 15%) = $805 <em>(15% increase in sales)</em>

Operating costs including depreciation = $805 x 60% = $483 <em>(60% of sales)</em>

Interest expense = 40 <em>(remain constant)</em>

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EBT = EBIT - Interest expense = $322 - $40 = $282

Net income = EBT x (1 - Tax rate) = $282 x (1 - 40$) = $169.2

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Growth in dividend = $56.4/$32 = 76.25%

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4 0
3 years ago
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