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11111nata11111 [884]
4 years ago
11

Suppose the market demand for pizza is given by:

Business
1 answer:
ivolga24 [154]4 years ago
5 0

Answer:

QD=600-40P

Explanation:

The old equation for the demand for pizza is Qd = 300 - 20P

Now because of an increase in the price of a substitute the demand for pizza doubles, in order to find the new equation will multiply the old equation by 2 because the demand has doubled.

300*2=600

20P*2=40P

New equation = 600-40P

We can check whether our new equation is correct or not.

If we assume the price of pizza to be 10 and then put 10 in both the equations the quantity from equation 2 should be double that of equation 1.

Equation 1= 300-(20*10)

=300-200=100

Equation 2 = 600-(40*10)

=600-400=200

AS we can see the quantity doubled on the same price which means our equation is correct.

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Oriole Company will receive $43000 today (January 1, 2020), and also on each January 1st for the next five years (2021 – 2025).
raketka [301]

Answer:

PV of the six year annuity =  $201,923.57  

Explanation:

<em>This is an example of an advanced annuity. A series of constant amount receivable for certain number of years with first one occurring immediately.</em>

Present Value of the annuity for the next five years=

A×  1- (1+r)^(-n)/r

A- annual cash flow, n- number of period, r-interest rate per period

A- 43,000, r- 11%, n- 5

=43,000× (1- 1.11^(-5))/0.11

=158,923.57

The first cash flow of 43,000 occurs immediately , hence it is already discounted. Hence the PV of the total cash flows would be the sum of the PV of the next five year cash flows and the one received now.

Hence,

PV = 158,923.57  + 43,000= 201,923.57  

PV of the six year annuity =  $201,923.57  

7 0
4 years ago
You're the marketing director for a startup firm in the snack food industry. In the past, you've sold only to small specialty st
Ksivusya [100]

Answer:

<u>Interpersonal influences and organizational factors.</u>

Explanation:

<u>Interpersonal influences</u> are those that include interests, status, and authority in an organization. It should be included in the approach for the potential new buyer to recognize the lead authorities and the interests of who might be their new supplier. It is also imperative that the marketing director include <u>organizational factors</u>, objectives, policies, and organizational processes in the approach to influence purchasing, as these factors are key to demonstrating credibility and viability for the new buyer.

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3 years ago
Royal Technology Company uses a job order cost system. The following data summarize the operations related to production for Mar
torisob [31]

Answer:

To Determine

Job order costing

Job order cost system provides a separate record of each particular quantity of product that passes through the factory. Each quantity that is manufactured in the business is known as job. Job order costing is used when the product produced are significantly different from each other.

To record: the journal entry to record all the summarized operations.

View image for journalized entry.

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4 years ago
in a high- work system, a firm's technology, organizational structure, people, and processes work together seamlessly. this resu
leva [86]

In a high-work system, a firm's technology, organizational structure, people, and processes work together seamlessly. This results in the firm having an advantage in the competitive environment performance.

The definition of technology is the software of scientific information for practical functions or packages. Era makes use of medical concepts and applies them to exchange the environment in which people stay. Technology can also use clinical concepts to advance industry or different human buildings.

Information technology is critical in our lives as it enables us to address ordinary dynamic matters. Technology offers numerous tools to enhance improvement and exchange statistics. Both these things are the goal of IT to make obligations simpler and to clear up many issues.

Technology is the way we practice medical understanding for sensible functions. It includes machines (like computer systems) but also strategies and approaches (just like the manner we produce computer chips). It'd look like all era is most effective electronic, however that is simply maximum cutting-edge technology.

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3 0
2 years ago
A contractor figured materials for a job would cost $2,415. He also estimated labor for the same job would cost $1,832. If he ad
Vilka [71]

Answer:

=5, 011.46

Explanation:

cost of materials : $ 2,415

cost of labor:         $ 1,832

Total cost; ( $ 2,415+$ 1,832)= $ 4,247

Add 18 percent mark-up = 4247*1.18

     =5, 011.46

7 0
3 years ago
Read 2 more answers
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