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Helen [10]
3 years ago
14

What does a single point on the supply curve represent?a. The cost of producing the given quantity of filmb. the amount of profi

t the producer hopes to receivec. the cost, at the current level of production, of producing one more roll of filmd. the price the consumers are willing to pay for a roll of film
Business
1 answer:
dimulka [17.4K]3 years ago
8 0

Answer:

d. the price the consumers are willing to pay for a roll of film

Explanation:

The option “D” is correct because the supply curve is upward sloping and shows the positive relationship with the price mentioned on the verticle axis of the curve. This price is the same price that a person pays for the commodity. If the price paid by the person is more, then the supplier will supply more. If the price is lower, then the supplier will supply less. Thus, this shows that price and supply and positively related to each other.

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Suppose the price of a bag of tortilla chips decreases from $3.00 to $2.50 and, as a result, the quantity of tortilla chips dema
Tresset [83]

Answer:

2.20

Explanation:

The Price elasticity will be:

Δdemand/ΔPrice

<u>The mid point is used to calculate the increases.</u>

Δdemand = ΔQ/midpointQ

(Q2+Q1)/2 = mid point quantity = (300+ 200)/2 = 250

ΔQ = 300-200 = 100

Δdemand = 100/250 = 0.4

<u>Same procedure is applied with the Price numbers:</u>

Δprice = ΔP/midpointP

(P2+P1)/2 = mid point price = (3+ 2.5)/2 = 2.75

ΔP = 2.5-3 = 0.5

Δprice = 0.5 / 2.75 = 0.181818

FInally we calculate the price elasticity:

Δdemand/ΔPrice

0.4/0.1818181818 = 2.2

4 0
3 years ago
a. Ten years ago today, Excel Corp issued a regular coupon bond that had original maturity of 15 years. The bond pays interest s
Vlad [161]

Answer:

Total $1,271.0564

Explanation:

We have bond of 10 years ago, so the bond is left with 5 years of life

<u>we need to calculate the present value ofthe cuopon payment:</u>

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 50 (1,000 x 5%)

time 10 (5 years 2 payment a year)

rate 0.02 (4% annual divide by 2 to get semiannually)

50 \times \frac{1-(1+0.02)^{-10} }{0.02} = PV\\

PV $449.1293

<u>and the present value of the principal</u>

\frac{Maturity}{(1 + rate)^{time} } = PV

Maturity 1000

time 5

rate 0.04

\frac{1000}{(1 + 0.04)^{5} } = PV

PV  $821.9271

<u>We add both to get the present value ofthe bond</u>

PV c $449.1293

PV m  $821.9271

Total $1,271.0564

6 0
3 years ago
Companies must prioritize and determine the performance dimensions on which they will focus and excel. Each performance dimensio
gladu [14]

Answer:

Quality.

Explanation:

Garvin´s definitions of quality based on the perspective of the viewer (perception is reality):

-Transcendent. quality is intuitively understood but nearly impossible to communicate.

-Product based. quality is found in the components and attributes of a product.

-User based. if the costumer is satisfied, the product has good quality.

-Manufacturing based. if the products conforms to desing specifications, it has good quality.

-Value based. if the product is perceived as providing good value for price, it has a good quality.

Garvin´s dimensions of product quality are:

Performance, features, reliability, conformance, durability, serviceability, aesthetics, and perceived quality.

These different dimensions of quality are not mutually exclusive.

6 0
3 years ago
Is carriage inward <br>debit or credit​
Gre4nikov [31]

Answer:

From the buyer's point of view, the delivery charge would he referred to as “carriage inwards”. Any such carriage charges should be debited to the carriage inwards account in the general ledger. The carriage inwards account is written off to the trading account at the end of the accounting period.

Explanation:

Carriage inwards refers to the transportation costs required to be paid by the purchaser when it receives merchandise it ordered with terms FOB shipping point. Carriage inwards is also known as freight-in or transportation-in. Carriage inwards is considered to be part of the cost of the items purchased.

5 0
3 years ago
The local florist advertises a discount on arrangements during the month of April because the anniversary of the store's opening
Yanka [14]
True. Have a nice day
4 0
3 years ago
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