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gogolik [260]
3 years ago
7

Consider the market for Ping golf clubs. Suppose the price of memberships at local golf courses increases. Assume memberships at

local golf courses and Ping golf clubs are complements. The demand curve for Ping golf clubs will shift to the____________
Business
1 answer:
Tema [17]3 years ago
5 0

Answer:

Left

Explanation:

Complement goods are goods that are used together. If the price of one good goes up, consumers would demand less of the other good.

If the price of club membership increases, the demand for club membership would fall. Since membership has fallen ,there won't be need to purchase golf clubs as they are complements, so the demand for golf clubs would fall and the demand curve for golf clubs would shift to the left.

I hope my answer helps you

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Parwin Corporation plans to sell 30,000 units during August. If the company has 11,500 units on hand at the start of the month,
raketka [301]

Answer:

Production = 31000 Units

Explanation:

To calculate the production requirement for the month of August to meet the required sales and desired ending inventory, we will use the following formula,

Sales = Opening Inventory + Production - Closing Inventory

Plugging in the values we have for sales, opening inventory and closing inventory, we calculate the production to be,

30000 = 11500 + Production - 12500

30000 + 12500 - 11500 = Production

Production = 31000 Units

6 0
3 years ago
An investment that costs $105,000 today is expected to produce the following cash inflows over each of the next five years: $20,
bearhunter [10]

Answer: 1.89%

Explanation:

You can use Excel to find the IRR here:

Investment amount should be first as shown and should be in negative.

The cash flows will then follow each other by year.

Use the =IRR formula to select all the cells and the IRR will show.'

IRR here = 1.89%

6 0
2 years ago
True or false, patients can request a copy of billing records associated with their care
balandron [24]
True customers come first.

Hope this helped :)
-Warning2
6 0
3 years ago
how much of a stock's $30 price is reflected in pvgo if it expects to earn $4 per share, has an expected dividend of $2.50, and
Kruka [31]

The amount of the stock price that will be reflected in the PVGO is $10

The value of an organization's potential future growth is symbolized by the acronym PVGO, or "present value of growth opportunities." It represents the potential value for the organization by reinvesting its earnings back into the business.

Expected Dividend payment (D) = $2.50

Total Earnings (E) = $4

Rate of return (ROR) = 20%

Step 1. Using no growth rate (GR), computing the stock price (SP)

Since the growth rate is not specified, 0% is taken as the default value.

The stock price (SP) = E/ROR

= $4 / 20%

Stock price = $20.

Step 2. Computing the SP reflected in PVGO.

So, total SP with no GR

= $30 - $20

Stock price with no growth rate = $10

Hence, the $10 will be reflected in the PVGO

Learn more about PVGO:

brainly.com/question/28434542

#SPJ4

7 0
1 year ago
Suppose a worker in Peru can produce 11 lamps or 4 dressers in a day and a worker in Canada can produce 15 lamps or 6 dressers i
wolverine [178]

Answer:

4/11 and 6/15 dressers.

Explanation:

Absolute advantage is the ability of a country to produce more of a product given the same resources than another country per unit time. It also applies when a country is able to produce same amount of goods with another country given less inputs.

So a country that produces more goods uses a more efficient process to get more output.

In this scenario a worker in Peru can produce 11 lamps or 4 dressers in a day and a worker in Canada can produce 15 lamps or 6 dressers in a day. Canada has absolute advantage in producing lamps and dressers, so importing these items will not be beneficial.

To get a balance where both countries will benefit a lamp will have to go for a ratio of each countrie's product to the opportunity cost.

That is for Peru to produce 4 dressers it will have opportunity cost of 11 lamps. So the ratio is 4/11.

Also for Canada to produce 6 dressers it will have opportunity cost of 15 lamps. So the ratio is 6/15.

Lamp should trade for between 4/11 to 6/15 dressers for both countries to benefit.

4 0
3 years ago
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