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4 years ago

11

The introduction of the apple ipod is an example of a(n) _____ because its introduction to the market radically changed consumer

preferences and the entire competitive landscape.

1 answer:

guapka [62]4 years ago

8 0

The correct answer would be a Pioneer.

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Suppose that the demand for rental apartments in Washington, DC, is represented by the following equation, where P is the monthl

Alekssandra [29.7K]

The equilibrium rent is $1600 while the equilibrium quantity is 6800

When quantity demanded is equal to the quantity supplied, the market is said to be in equilibrium. The price at this point is equilibrium price. The quantity at at this point is equilibrium quantity.

In order to determine equilibrium price, equate the quantity demanded and quantity supplied equation

QD = QS

10,000 – 2P = 2,000 + 3P

Combine similar terms

10,000 - 2,000 = 3P + 2P

8000 = 5P

P = $1600

Substitute for monthly rent in the quantity demanded equation

10,000 - 2(1600)

10,000 - 3200

Equilibrium quantity = 6,800

A similar question was solved here: brainly.com/question/14746196?referrer=searchResults

7 0

2 years ago

The purpose of applying for a patent is to protect the company's right to

Marizza181 [45]

The purpose of applying for a patent is to protect the company's right to have the idea for yourself and not have people knock it off.

6 0

4 years ago

The following information has been obtained from the Myers Corporation: 300,000 shares of common stock were outstanding on Janua

dlinn [17]

Thus, the weighted average<em> number of shares</em> that Myers Corporation will use in the calculation of diluted earnings per share for 20X1 is 386,500.

Data and Calculations:

<u>Date of Issue</u> <u>No. of Share</u> Weight Weighted-Average

Outstanding, Jan.1 300,000 12/12 300,000

February 1 48,000 11/12 44,000

August 1 (Treasury stock) (18,000) 5/12 (7,500)

Jan. 1 (Stock options) 50,000 12/12 50,000

Weighted average number 386,500

In calculating the weighted average number of shares, the weight of each share issuance is dependent on the <em>number of months</em> that it has remained <em>outstanding</em>.

Thus, the weighted average<em> number of shares</em> that Myers Corporation will use in the calculation of diluted earnings per share for 20X1 is 386,500.

Learn more: brainly.com/question/25749153

7 0

3 years ago

Shown below are selected data from the financial statements of the Supreme Company. (Dollar amounts are in millions, except for

Yuki888 [10]

Answer:

a. Gross profit rate = Gross profit / sales

= <u> $710,000 * 100</u>

$1,230,000

= 57.72%

b. <u>Supreme Operating Income </u>

Gross Profit $710,000

Operating expenses <u>(440,000)</u>

Operating Profit <u> 270,000</u>

<u />

c. Return on Asset = Return/ Average Asset

= <u>$390,000 * 100 </u>

$4,000,000

= 9.75%

d. Return on equity = Return / Average equity

= <u>$390,000 * 100 </u>

$2,400,000

= 16.25%

e. Price-earnings ratio = Market price per share / earnings per share

= $88/ $4

= 22

Explanation:

Computation of Gross profit

$'000

Net Sales 1,230

Cost of goods sold <u>(520)</u>

Gross Profit 710

3 0

3 years ago

If the demand curve for coconut oil is expressed as Q=1200-10p+16p_p+0.2Y, where Q is the quantity of coconut oil demanded in th

lbvjy [14]

Answer:

$\frac{\Delta Q}{\Delta Y} \frac{Y}{Q}=0.2\frac{501}{1300}=0.077$

Explanation:

To find the income elasticity we first must recall the formula

$\eta_{q,y}=\frac{\Delta Q}{\Delta Y} \frac{Y}{Q}$

which is the percentage change in quantity when income increases in one percent.

From the demand curve we can find $\frac{\Delta Q}{\Delta Y}$ by taking derivative of Q with respect to Y: $\frac{\Delta Q}{\Delta Y} =0.2$

Next we need to know what is the income at the equilibrium quantity of 1300, which we can back out from the data given in the question

$Q=1200-10p+16p_p+0.2Y$

$1300=1200-10\times .50+16\times .30+0.2Y\\100+5-4.8=0.2Y\\Y=\frac{100.2}{0.2}=501$

Then

$\eta_{q,y}=\frac{\Delta Q}{\Delta Y} \frac{Y}{Q}=0.2\frac{501}{1300}=0.077$

8 0

3 years ago