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user100 [1]
3 years ago
5

Jerry quarry sells building stone in a perfectly competitive market. At a its current level of building stone production, jerry

has the marginal costs equal to 45$ and AVC is rising. If the market price of building stone is $50, jerry should
Business
1 answer:
GaryK [48]3 years ago
4 0

Answer:

increase its production of building stone

Explanation:

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Theresa owes %249%2C000 on her car loan. If the value of her car is %2415%2C000%2C what is her equity in the car%3F
ololo11 [35]

Answer:

The answer is "\$6,000".

Explanation:

Please find the complete question in the attached file.

We take her automobile value (\$15,000) to reach this result and reduce it (\$15,000 - \$9,000). That's a \$6,000 equity, that's why Theresa has a capital of\$6,000.

8 0
3 years ago
A vendor makes a new smartphone and presells four thousand units for $300 each. The factory has the capacity to produce one thou
Oksanka [162]

Answer:

2. Limited supply would increase the price

Explanation:

In the given case the vendor sells in advance four thousand units for $300. While the installed capacity of the factory being to produce 1000 smartphones every month.

Expected sales being 500 units per month.

During the first few months, since the seller has already successfully sold 4000 smartphone units, high demand for the smartphones is evident.

Since the supply is limited to 1000 units only in a month and the quantity demanded being more as is evident by 4000 units being pre sold, during the initial phase, this would create a high demand.

And since the supply is limited, the seller will have to increase the price as the demand is lot more.  

7 0
3 years ago
Developing the cash flow for each alternative in a study is a pivotal, and usually the most difficult, step in the engineering e
Volgvan

Answer:

The concept of equivalence, also known as economic equivalence, describes the reduction of a series of cash inflows (benefits) and cash outflows (costs) to a single point in time, using a single interest rate, which enables the cash flows to be compared or equated.  This implies that while the amounts and timing of the cash flows (both inflows and outflows) may differ, an appropriate interest rate, factoring in the time value of money, will cause one set to be equal to the other.  Therefore, to establish economic equivalence, series of cash flows that occur at different points in time must be equalized using a single interest rate through present value calculations.

Explanation:

The concept of equivalence describes a combination of a single interest rate and the idea of the time value of money.  This combination helps to determine the different amounts of money at different points in time that are equal in economic value, such that a person would not hesitate to trade one for the other.

For example, if the interest rate is 10% in Year 1 and in Year 2 and you are to be paid $1,000 in Year 1, it will not make any difference to you if you are paid $1,100 in Year 2.  This is because, given the prevailing interest rate of 10%, the value you receive in Year 1 and Year 2 are equivalent.

3 0
3 years ago
A city street is a. always a public good, whether or not it is congested. b. a public good when it is congested, but it is a com
anyanavicka [17]

Answer:

a common resource when it is congested, but it is a public good when it is not congested.

Explanation:

We live in different areas, across city streets, with roads and they can either be public goods or common resources. Now, when the streets are not congested, it simply means that an individual can freely access the areas without that affecting any other person. In this simple case, the use by one person is not in rival consumption and so the streets are said to be a public good. But when the area is fully congested, people might find it difficult to move around through the areas. The use of the areas could cause negative externalities.  Because the place would be overcrowded, people can only move at a slow pace. In this case, the street are said to be a common resource.

4 0
3 years ago
Read 2 more answers
Sage Company is operating at 90% of capacity and is currently purchasing a part used in its manufacturing operations for $14.00
romanna [79]

Answer:

The correct answer to the following question will be "$76,986".

Explanation:

Although the organization is reportedly going to pay $14.00 per unit, even before manufactured throughout the corporation, cost and save per unit will become the variation among current value as well as production costs without set rate. The cost of operating expenses will not be included to measure the gain because the idle resources of the company would be included and would not raise the fixed costs.

Therefore the cost differential would be as follows:

⇒ Differential \ cost = (Current \ purchasing \ price-Manufacturing \ cost \ excluding  \ fixed \ cost)\times 38,493On putting the values in the above formula, we get

⇒                        =(14-12)\times 38,493

⇒                        =2\times 38,493

⇒                        =76,986

5 0
3 years ago
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