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Irina-Kira [14]
3 years ago
6

Suppose there is a major technological advance in the production of a good that causes production costs to fall. If demand for t

he product is relatively inelastic, what will happen in the market? Price will relatively decrease greater than the increase in quantity. Price and quantity will change by the same amount. Price will relatively decrease less than the increase in quantity.
Business
1 answer:
victus00 [196]3 years ago
6 0

Answer:

major key

Explanation:

the decrease of the price and quantity

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Consider a firm that operates in a perfectly competitive market. Currently the firm is producing 50 units of output and at that
Norma-Jean [14]

Answer:

$450

Explanation:

Data given in the question

Number of the units produced is 50 units

Marginal revenue is $6

Now the output increase by 50%

So, the total revenue is

= Number of units produced × marginal revenue + increased output percentage × (Number of units produced × marginal revenue)

= 50 units × $6 + 50% of $300

= $300 + $150

= $450

We simply compute by applying the above information

6 0
3 years ago
Smolira Golf Corp. has 20,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2018 w
DaniilM [7]

Answer:

Note: Missing question is attached below

Market value of equity = Shares * Share price = 20,000 * $58 = $1,160,000

Total debt = Current liabilities + Long term debt = $83,416 + $145,000 = $228,416

Book value of assets = $627,868

Tobin's Q = MV of equity + Bv of debt / Bv of assets

Tobin's Q = $1,160,000 + $228,416 / $627,868

Tobin's Q = 2.21

8 0
2 years ago
In a decision support system graphical model typically _____
AURORKA [14]
The answer would be A. A DDS supportive framework called GMCA (Graph Model for Conflict Analysis) actualizing the multi-player chart display for dissecting clashes is produced. GMCA contains calculations for the fast calculation of an extensive variety of arrangement ideas, in this way empowering leaders to assess the assorted variety of human conduct.
6 0
3 years ago
4. Suppose you hold a PUT option on Israeli shekels with a strike price of 3.4207s/$. If the spot rate on the final day of the o
Anon25 [30]

Answer:

Profit $3,567

I would exercise my option by buying the shares before the expiration .

Explanation:

Calculation of how much profit would you make trading $1,000,000

First step is to multiply the spot rate on the final day by the trading amount

3.4329s*$1,000,000

=$3,432,900

Second step is to divide the spot rate option by the strike price

3,432,900/3.4207

=$1,003,567

Last Step is to find the profit

Profit =$1,003,567-$1,000,000

Profit=$3,567

Therefore the amount of PROFIT you would make trading $1,000,000 will be $3,567

Based on the above calculation I would exercise my option by buying the shares before the expiration .

8 0
3 years ago
The pier import store has cash of $34,600 and accounts receivable of $54,200. the inventory cost $92,300 and can be sold today f
VikaD [51]

The book value of the company’s assets is the sum of the values of individual assets entered in the books of the company. The following would be its book value:

Cash                                                                                      $34,600

Accounts receivable                                                              $54,200

Inventory                                                                               $92,300

Fixed assets                                                                          $234,500

Accumulated depreciation of fixed assets                            ($107,900)

Total book value of the assets of the firm                             $307,700

7 0
3 years ago
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