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3 years ago

What principle does this demand curve demonstrate?

Business

1 answer:

lisov135 [29]3 years ago

5 0

Answer:

quantity demanded increases as prices decrease

Explanation:

Demand is the volume of a product that consumers are willing to buy at the market place at a given price over a given time. The demand curve is a graphical representation of the relationship between the demand and the product's price. It shows how quantity demanded increases as prices decrease. The demand curves illustrate the law of demand.

The demanded curve slope downwards with the prices plotted on the Y-axis while the quantity demanded is on the X-axis. Movement along the slope illustrates how quantities change at different prices.

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Jenny's bakery makes two types of birthday cakes: yellow cake, which sells for $25, and strawberry cake, which sells for $35. Bo

Marina86 [1]

Answer: Revenue is maximum at x=25 and y=0. That is when the firm makes only yellow cakes and no strawberry cakes.

Explanation:

x- Number of Yellow cakes

y- Number of Strawberry cakes

Time constrain is given by

$2x+3y\leq 450$

$x\geq 0$

$y\geq 0$

Revenue is given by,

$TR= 25x + 35y$

At the vertices, revenue is

At (0,0)

TR = $0

At (0,150)

$TR = 25(0) + 35(150) = $5,250$

At (225,0)

$TR = 25(225) + 35(0) = $5,625$

Therefore, Revenue is maximum at x=25 and y=0. That is when the firm makes only yellow cakes and no strawberry cakes.

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4 years ago

According to the video, what are some qualities that Special Education Teachers need? Check all that apply. driving skills art s

Sever21 [200]

Answer:

3,4,5 hope this help:)

Explanation:

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3 years ago

Read 2 more answers

Assume that Zonk is a potential leveraged buyout candidate. Assume that the buyer intends to put in place a capital structure th

vekshin1

Answer:

A.8.85%

Explanation:

Computation to determine the weighted average cost of capital for Zonk based on the new capital structure.

First step is to calculate the Cost of equity capital using this formula

Cost of equity capital = Risk free rate + (Beta*Market premium)

Let plug in the formula

Cost of equity capital = 2.3% + (1.13*5.3%)

Cost of equity capital=8.28%

Now let determine theWeighted average cost capital

Weighted average cost capital = [.70*.14*(1-.35)]+(.30*.0828)

Weighted average cost capital= [.70*.14*.65]+.02484

Weighted average cost capital=0.0637+.02484

Weighted average cost capital= .0885*100

Weighted average cost capital= 8.85%

Therefore the weighted average cost of capital for Zonk based on the new capital structure is 8.85%

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3 years ago

you have the choice of two equally risk annuities, each paying $5,000 per year for 8 years. one is an annuity due and the othe

Juli2301 [7.4K]

You have the option of two equally risk annuity, each paying $5,000 per year for 8 years. The is an annuity due and the other is an ordinary annuity. If you are going to be receiving the annuity payments, the annuity due would you choose to maximize your wealth.

What is an Ordinary Annuity?

An ordinary annuity is a series of equal payment made at the end of consecutive periods over a fixed length of time. An standard annuity's payments can be paid as frequently as weekly, although in reality they are typically made monthly, quarterly, mid-annually, or yearly. An annuity due is the reverse of a Ordinary annuity in that payment are issued at the start of each period. Although they are connected, these two payments schedules differ from the financial instrument known as an annuity.

Learn more about Ordinary Annuity here:

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1 year ago

Is it important to build a relationship with your customer. In the first few seconds after you notice the customer;s arrival

konstantin123 [22]

It's important to give a good first impression, so yes

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3 years ago