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4 years ago

Can someone think of a company that cost up to at least 100k that doesn’t exist

Business

1 answer:

Drupady [299]4 years ago

7 0

Answer: A company that what at least cost a 100k is an oil rig

Explanation: The reason why i say that for is because they make a lot of money and then they have to produce the oil and some of that money goes on the rig and to the workers that work there.

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Which of the following would not be an expected response from a decrease in the price level and so help to explain the slope of

Naddik [55]

Answer:

The correct option which would not be an expected response from decrease in price level is A) with fall in prices, Fargo concrete company has decided to let go workers who have fixed price contracts.

Explanation:

All the options except A are expected response from the fall in price and helps in explaining why the aggregate demand curve shifted ( towards the right ) . In the option B , Tyler decided to remodel his kitchen because of fall in prices, as now he is able to spend more on consumption and investment activities. Same thing is happening in option C and D as the company's here are increasing their investment spending due to the decreased prices.

But the option A , isn't something that was expected as company's don't usually fire their workers just because they have fixed price wage contract and prices have fallen, company is trying to take advantage of fallen prices by reducing the fixed wage workers and hiring new workers on a cheap wage , which help in reducing the company's cost.

6 0

4 years ago

The term ____ refers to tangible choices such as - in the case of a new venture - investing in research and development for new

Verdich [7]

The answer in the space provided is real options. Real options are the choices in which are present or available in terms of opportunities in the business investments. The reason that is termed as real is because it is not considered to be financial instrument but rather as a tangible asset.

8 0

3 years ago

Entrepreneurs are well compensated in a market economy if they provide high utility to consumers at a relatively low ______.

AysviL [449]

Answer: cost

Explanation: In a market economy, the price of the product or service offered are determined by the market forces of demand and supply. Govt. intervention in regulating the market forces is minimal in such markets.

Thus, if the entrepreneurs produce goods at a low cost they will price it low leading to high demand for their product. Thus, they will be compensated well if they cost their product lower than others.

5 0

3 years ago

Cafe x bought 20,000 cups for $1,400 when they opened for business last month. At the end of the month they had 8,000 cups left.

JulsSmile [24]

<u>Calculation of the cost of goods sold (cogs) for the month;</u>

It is given that Cafe x bought 20,000 cups for $1,400 when they opened for business last month. At the end of the month, they had 8,000 cups left. It means the Cups sold are (20,000-8000) = 12,000 cups

And the Cost of 12,000 cups sold shall be $1400*12000/20000 = $840

Hence the cost of goods sold (cogs) for the month is <u>$840.</u>

5 0

3 years ago

Kevin O’Leary suggests that Jenn and Kelley decrease the price of their product by 50% and sell 10 times as many. That is, he pr

Roman55 [17]

Answer:

The price elasticity of demand for Pursecases using the midpoint formula from this information is -2.45.

Explanation:

From the question, we have:

New quantity demanded = 60,000

Old quantity demanded = 6,000

New price = $20

Old price = $40

The formula for calculating the price elasticity of demand is as follows:

Price elasticity of demand = Percentage change in quantity demanded /

Percentage change in price ................ (1)

Where, based on the midpoint formula, we have:

Percentage change in quantity demanded = {(New quantity demanded - Old

quantity demanded) / [(New quantity demanded + Old quantity demanded) /

2]} * 100 = {(60,000 - 6,000) / [(60,000 + 6,000) / 2]} * 100 = 163.636363636364%

Percentage change in price = {(New price - Old price) / [(New price + Old

price) / 2]} * 100 = {(20 - 40) / [(20 + 40) / 2]} * 100 = -66.6666666666667%

Substituting the values into equation (1), we have:

Price elasticity of demand = 163.636363636364% / -66.6666666666667% = -2.45454545454546

Rounding to 2 decimal places, we have:

Price elasticity of demand = -2.45

Therefore, the price elasticity of demand for Pursecases using the midpoint formula from this information is -2.45.

3 0

3 years ago