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Valentin [98]
3 years ago
13

If the demand curve for tickets to a taping of a television show intersects the supply curve for tickets to that show at a negat

ive price, then in order to put that market in equilibrium the producers would need to pay people to view the show being taped.A. TrueB. False
Business
1 answer:
Ratling [72]3 years ago
7 0

Answer: A. True

Explanation: A demand curve is the graphical representation of quantity of goods demanded and price. The price is at the left vertical axis and the quantity is at the right horizontal axis.

When demand and supply intersect, there is price equilibrium that is the quantity demanded and the quantity supply are same. The market can move below or about this equilibrium.

As the television show intersect the supply curve at a negative price, an increase in views will put it back to an equilibrium price .

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The Fed has decided to expand the money supply, leading to lower interest rates. As a partner in a tech start-up, you react to t
Alona [7]

Answer:

A, B and D

Explanation:

Expanding the money supply is an exercise of expansionary monetary policy.

This decision will first allow our tech startup to acquire cheaper loans and expand our operations, this expansion in operations will result in new employment opportunities and hence as a result, unemployment will be reduced assuming this is a general trend in the economy.

This decision also directly reflects an increased investment and hence the GDP on the whole and the investment part of GDP would both increase,

GDP = C + I + G + (X - M), where I = investment.

This change in macro economy will increase aggregate demand due to expansionary effects. Increase in imports is not conclusive as it may or may not happen depending upon the demand state.

Hope this helps.

8 0
3 years ago
A seller listed a home for $200,000 and agreed to pay a commission rate of 5%. The MLS stated that the commission would be share
Virty [35]

Answer:

The answer is: $2,700

Explanation:

The house sold for $180,000 (= 90% x $200,000).

The total commission was $9,000 (= $180,000 x 5%), split in half between listing office and selling office.

The selling broker received his $4,500 commission, and then h paid his selling associate 60% of it.

The selling associate received a $2,700 commission (= 60% x $4,500)

3 0
3 years ago
Consider the economies of Kimberlei and Clarkistan, which are identical except that the multiplier in Kimberlei is smaller than
asambeis [7]

Answer:

This means that Kimberlei's GDP is <em><u> less sensitive than </u></em> Clarkistan's GDP to fluctuations in the components of total spending.

Clarkistan's economy is <em><u>more </u></em>sensitive to fluctuations in GDP than Kimberlei's economy. This is because the personal income tax has <em><u>  reduced  </u></em> Kimerlei's multiplier.

Explanation:

As Kimberlei multiplier is lower, the government spending fluctuation will have a lower impact than in Clarkistan as the goverment spending multiplier in the latter is higher thus, a fluctuation increases or decrease the GDP in a higher proportion.

Clarkistan Economy is more sensitive as their government has a higher multiplier when it decreases for recessions it will increase by a higher amount

while Kimberlei as the income tax decreases th effect of the multiplier It is lower. thus the change in GDP is also lower

6 0
3 years ago
Alma won a beauty contest and received $3,500 in cash. In 4 years, when Alma turns 21, she wishes to go to Las Vegas. Her parent
max2010maxim [7]

Answer:

Alma would have $ 4,269.61   for her trip in four years' time

Explanation:

The amount she would have for her trip in four years' time can be computed using the future value formula which is given as:

FV=PV*(1+r/t)^N*t

PV is the amount she has today which is $3,500

r is the rate of return the credit union offered her,that 5%

t is the number of times in a year the interest is compounded which is 4

N is the number of years the investment would last which is 4 years

FV=$3,500*(1+5%/4)^4*4

FV=$3,500*(1+1.25%)^16

FV=$3,500*(1.0125)^16

FV=$3,500*1.219889548

FV=$4,269.61  

Alma would have $ 4,269.61   for her trip in four years if the $3,500 is invested at 5% compounded quarterly

4 0
3 years ago
Read 2 more answers
José, the sales manager for a software development firm, is working on the problem of increasing sales by using the rational mod
Setler [38]

Answer:

Implement the selected alternatives

Explanation:

The decision making process is divided in 4 rational steps:

1. Identify the existing problem: know what is the difficulty that is being presented, it involves all what is being affected.

2. List possible solutions for the existing problem: here the person lookfl for all the possible ways to solve a problem and the different variables that are being affected.

3. evaluate and select the most beneficial alternative: in this step the person foresee the results of each alternative and choose the once that would work in the best way.

4. Implement the alternative that was selected: it implies the work of every person involved in the results, follow the plan and the improvement of the initial problem.

Sometimes it is added a 5th step, the feedback and evaluation of the implemented alternative to know if the problem was fully solved.

4 0
3 years ago
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