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3 years ago

True or False: An increase in the demand for notebooks raises the quantity of notebooks demanded but not the quantity supplied.

Business

2 answers:

blagie [28]3 years ago

8 0

Answer:

The statement is False

Explanation:

Generally speaking, the statement is false considering the demand and supply curve. In this curve, when there is increase in demand, its implies that the consumers of the notebook still derived satisfaction on it and as such the producer of the notebook produces more and supply to the market will increase so that equilibrium point will be achieved. Until when law of diminishing return set in, and the people are not deriving satisfaction again, that is when the product may not be readily available.

Again if the supply curve is vertical, that is the producer is producing and supplying at fixed rate without putting into consideration the demands in the market, there will not be corresponding increase in supply with demands which can make statement to true.

Natasha2012 [34]3 years ago

4 0

Answer:

False

Explanation:

An increase in the demand for notebooks raises the quantity of notebooks demanded and also the quantity supplied

An increase in demand leads to a corresponding increase in supply

If the supply is not raised which will also increase the quantity of notebooks supplied, there will not be enough notebooks to meet the high demand for notebooks which brought about an increase in the quantity of notebooks demanded

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A fruit packing plant usually shuts down for three months each year. during that period, what happens to its costs? its fixed co

VikaD [51]

During the three-month period, the plant is not able to produce anything because it shut down. Hence, its variable cost is equal to zero, however, during this period, the fixed cost is still greater than zero because of the process that needs to be done in order to ensure that once the plant is restarted.

For the reason stated above, the most likely answer to this item is the first choice.

7 0

3 years ago

consider a firm that produces units of output using capital and labor. due to changes in market conditions, it has decided to re

mote1985 [20]

A firm that produces units of output using capital and labor to determine its total costs will decline by doing so, the firm will evaluate its: Marginal cost Function .

Option C is correct .

Marginal cost is the change in cost due to producing on excess unit of affair. To determine how big its total cost decline, the establishment will estimate its marginal cost function.

<h3>Marginal cost function :</h3>

Marginal cost represents the gradual costs incurred when producing fresh units of a good or service. It's figured by taking the total change in the cost of producing further goods and dividing that by the change in the number of goods produced.Marginal cost is calculated as the aggregate charges needed to manufacture one fresh good. thus, it can be measured by changes to what charges are incurred for any given fresh unit. Marginal Cost = Change in Total Charges ÷ Change in volume of Units Produced.

Question is incomplete ,missing option is given below :

Consider a firm that produces units of output using capital and labor. Due to changes in market conditions, it has decided to reduce its daily output from 5 units to 4 units. To determine how much its total costs will decline by doing so, the firm will evaluate its: Group of answer choices

A.marginal product function

B.average product function

C.marginal cost function

D.average total cost function

E.average variable cost function

Learn more about Marginal cost function :

brainly.com/question/17481520

#SPJ4

3 0

1 year ago

What is the stock price per share for a stock that has a required return of 16%, an expected dividend $2.7 per share, and a cons

Anit [1.1K]

Answer:

Price of stock = $49.5

Explanation:

The Dividend Valuation Model(DVM) is a technique used to value the worth of an asset. According to this model, the value of an asset is the sum of the present values of the future cash flows would that arise from the asset discounted at the required rate of return.

If dividend is expected to grow at a given rate , the value of a share is calculated using the formula below:

Price of stock=Do (1+g)/(k-g)

Do - dividend in the following year, K- requited rate of return , g- growth rate

DATA:

D0- 2.7

g- 10%

K- 16%

Price of stock = ( 2.7×1.1)/(0.16-0.1) = 49.5

Price of stock = $49.5

3 0

2 years ago

A weekly time ticket for Joyce Caldwell follows: Direct Labor Time Ticket Dates: Monday 8/13 − Friday 8/17, 2018 Ticket Number:

dusya [7]

Answer:

Wages for Job 271= 16* 31= $ 496

Wages for Job 272= 8 *31= $ 248

Wages for Job 273= 31*16= $ 496

Explanation:

Job 271, 8+8= 16 hours

Wages for Job 271= 16* 31= $ 496

Job 272, 4+ 4= 8 hours

Wages for Job 272= 8 *31= $ 248

Job 273 Weekly =40 - 16- 8= 16 hours

Wages for Job 273= 31*16= $ 496

Working:

Direct Labor Time Ticket

Dates:

Monday 8/13 −

Friday 8/17, 2018

Ticket Number: TT 338 Employee: Joyce Caldwell

Date Time Started Time Ended Total Hours

Job Number 8/12/2018 7:00 AM 3:00 PM 8 hours

Job 271 8/13/2018 7:00 AM 3:00 PM 8 hours

Job 271 8/14/2018 7:00 AM 3:00 PM 8 hours

Job 272 8/15/2018 7:00 AM 11:00 AM 4 hours

Job 272 8/15/2018 12:00 PM 4:00 PM 4 hours

Maintenance 8/16/2018 7:00 AM 3:00 PM 8 hours

Job 273

Weekly Totals 40 hours

Hourly Labor Rate × $31 Total Wages Earned $1,240

7 0

2 years ago

In November 2016, General Motors produced a car that was delivered to a local dealership in December 2016. The auto was sold to

horsena [70]

Answer:

It will be counted as investment in 2016 and negative investment in 2017.

Explanation:

National income refers to the total value of a country's final output of all new goods and services produced in one year. There are various ways of measuring national income, e.g. GDP, GNP, etc

Therefore, following national income accounting practices, the car would be counted as part of the investments and GDP of 2016, and negative investment in 2017, because that was the year in which it was produced.

4 0

2 years ago