Answer:
As a result of the political unrest in Libya, the supply of oil would fall, As a result the supply curve would shift to the left. This would lead to fall in equilibrium quantity and a rise in price.
The increased demand for oil would shift the demand curve to the right. The equilibrium price and quantity would increase
Taking these two effects together, equilibrium price would rise and there would be an indeterminate effect on equilibrium quantity
Please check the attached image for a graph showing these shifts
b. As a result of the change in supply, supply would increase. This would increase equilibrium quantity and equilibrium price would fall. in addition with the increase in demand for oil, equilibrium quantity would rise and there would be an indeterminate effect on equilibrium quantity
Explanation:
<u>Solution and Explanation:</u>
- the total sales of calendars is as follows:
7200 multiply with $5 each = $36000
- In order to find out the profit, the toal of sales is to be subtarcted with costs. The given sales is $36000, costs is $19183
Thus, the total profit = $16817
95% of 10080 canot be taken in order to find out the correct number. 5% enrollment growth, is as follows:
10080 = 1.05 multiply "x"
thus, calculating x = 9600
- The number of studnets are 9600 in the last semester out of which 7200 bought calendar. 7200 divide 9600 = 75.0 percent sales penetration.
I think the answer is <span>unit-elastic over this price range. This happens when a company earns the same revenue even with some slight changes on the prices. It means that slight increase or even decrease in price does not affect the revenue of the company.</span>
Answer:
cross trade
Explanation:
In simple words, A cross trade can be understood as a transaction when purchase and sell requests for the identical instrument are balanced alone without transaction being recorded on the market. Whenever a stockbroker performs matching buy and sell transactions for about the exact securities across several customer accounts plus reports these on an interchange, this is known like a cross transaction.
When the organization faces an emergency situation.
Autocratic leadership (or authoritarian leadership) is characterized by a single person taking control of decision making. In an emergency, having a clear leader is sometimes the best option.