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Brrunno [24]
3 years ago
6

Mr. Porter sells 10 bottles of champagne per week at $50 per bottle. He can sell 11 bottles per week if he lowers the price to $

45 per bottle. The quantity and the price effects on total revenue would be, respectively, an increase of _____ and a decrease of _____.
Business
1 answer:
Anuta_ua [19.1K]3 years ago
3 0

Answer:

$45; $50

Explanation:

Given that,

Quantity sold (at price = $50 per bottle) = 10 bottles of champagne

Quantity sold (at price = $45 per bottle) = 11 bottles of champagne

Therefore,

Quantity effect (keeping the price unchanged):

= (11 - 10) × $45

= $45  

Price effect (keeping the quantity unchanged):

= ($45 - $50) × 10

= - $50

Hence, total revenue experiences an increase of $45 and a decrease of $50.

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A decline in foreign demand for U.S. goods: Suppose the European and Japanese economies succumb to a recession and reduce their
posledela

Answer:

The decrease in the remote interest for US products will lessen the net fares of the US economy,  

AD = Consumption + speculation + government use + Net fares,  

As on factor net fare decay the AD bend will move leftward in the short run. So in short run the genuine GDP fall beneath than the degree of potential GDP.  

The short run impact  

Since a long time ago run Aggregate Supply Short-run Aggregate Supply PRICE Initial Aggregate Demand Final Aggregate Demand Real GDP (Billions of dollars)  

The underlying balance was given by the crossing point of the underlying total interest, SRAS and LRAS at E1. Presently the balance changes from E1 to E2 due to leftward move in the AD bend.  

Therefore ,the costs level abatement and furthermore the genuine GDP level.  

Over the long haul, firms will diminish the lessening the creation as request is less, so the interest for work likewise falls, which lead to diminish the wages of laborers, As interest for work and wages falls, the creation will fall and supply will move leftward.  

From the outline, it is indicated that new harmony at point E3 is the place potential genuine GDP accomplished yet at an even lower cost ( from P2 to P3), this implies collapse in the economy.

5 0
4 years ago
Portfolio Returns i. stock has mean of 8% and stdev of 20%; ii bond has mean of 6% and stdev of 15%; iii correlation b/w stock a
ale4655 [162]

Answer:

Portfolio Mean = 7.2%

Portfolio Stdev = 0.1169615 or 11.69615% rounded off to 11.70%

Explanation:

The mean return of a portfolio consisting of two securities can be calculated by multiplying the weight of each security in the portfolio by the mean return of that security and adding the products for each security. The formula for two asset or security portfolio return (mean) can be written as follows,

Portfolio Mean = wA * rA  +  wB  *  rB

Where,

  • w represents the weight of each security
  • r represents the mean return of each security

Portfolio Mean = 60% * 8%  +  40% * 6%

Portfolio Mean = 7.2%

The standard deviation is a measure of the total risk. The standard deviation of a portfolio consisting of two securities can be calculated using the attached formula.

Portfolio Stdev = √(0.6)² (0.2)² + (0.4)² (0.15)² + 2(0.6) (0.4) (-0.3) (0.2) (0.15)

Portfolio Stdev = 0.1169615 or 11.69615% rounded off to 11.70%

4 0
3 years ago
Heiniken's macro-environment analysis
Ghella [55]

Answer:

Heineken is a big factory producing the beer drinsk

6 0
3 years ago
The december holiday season is approaching soon. what happens to the demand for peppermint flavored hot chocolate and milkshakes
Ilia_Sergeevich [38]

Answer:

# of buyers increase

Explanation:

peppermint flavour hot chocolate and milkshakes are considered to be traditional treats on the December holidays so consumer will demand more and the suppliers will have to produce more and with enough of these treats there will be an increase in buyers.

8 0
3 years ago
What is the issue discussed in the cartoon?
Arturiano [62]
He refused to help enslaved people escape
8 0
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