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3 years ago

Who are angel investors? Give some characteristics and discuss their motivations, etc.

1 answer:

7 0

These are individuals, normally affluent, who inject capital for startups in exchange for ownership equality or convertible debt.

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Suppose you are an aide to a U.S. Senator who is concerned about the impact of a recently proposed excise tax on the welfare of

Molodets [167]

Answer:

(a) P = 80 and Q= 100

(b) P = 80.57 and Q= 97.15

Explanation:

Qd= 500 - 5P

Qs = 2P - 60

(a)

In equilibrium

$Qd = Qs \\500 - 5P = 2P - 60 \\7P = 560 \\P = 80 \\$

Putting this value of P back into the Qd or Qs equation

$Qd = 500 - 5p\\Q = 500 - 5 (80) \\Q = 500 - 400 \\Q = 100$

Thus, equilibrium price is 80 and equilibrium quantity is 100

(b)

When a tax is imposed the supply curve shifts up to the left by the amount of the tax. The new supply curve is given by

$Qs = 2(P-2) - 60 \\Qs = 2p - 4 - 60 \\Qs = 2P - 64$

The new equilibrium is

$Qd = Qs \\500 - 5P = 2P - 64 \\7P = 564\\P = 80.57 \\$

Substitute it into Qs or Qd we get

$Q = 500 - 5 (80.57 ) \\Q = 97.15$

(c)

$Tax revenue = Tax rate * Quantity \\ = 2 * 97.15\\ = 194.3$

8 0

3 years ago

How can a poor housing market put home buyers in a financially unstable position?

Jobisdone [24]

<span>Poor housing market put home buyers in a financially unstable position because when the home value decreases, property taxes and insurance costs increases. Though the amount of the housing is at low cost, taxes and insurance companies get competitive and demanding resulting to inflation over the years.</span>

7 0

3 years ago

Read 2 more answers

What are some products and services that may be purchased by calling the eight companies customer service number

allochka39001 [22]

Answer:

Respond as quickly as possible.

Know your customers.

Fix your mistakes.

Listen to your customers.

Think long term – A customer is for life.

Deliver contextual-based support.

Innovate the customer journey.

Invest in human and automated service channels.

7 0

2 years ago

Two methods are used to predict how many customers will call in for help in the next four days. The first method predicts the nu

Yuliya22 [10]

Answer:

The method 1 will have a bigger forecast bias ( whose value is 5 ) than the method 2 ( whose value 0 ).

Explanation:

To know which method will have the bigger forecast bias , we will see the deviation of both methods from the actual forecast numbers and then by seeing which one is having a bigger deviation value , we can say which one is having bigger forecast bias.

FORECAST BIAS = ACTUAL NUMBER - FORECAST NUMBER

Actual Forecast Forecast Forecast Forecast

caller turn method 1 method 2 bias method 1 bias method 2

23 23 20 0 3

10 5 13 5 -3

15 14 14 1 1

19 20 20 -1 -1

TOTAL 5 0

from the above information we can say that the method 1 with forecast bias value of 5 is much bigger than the method 2 with forecast bias value of 0.

7 0

3 years ago

Morganton Company makes one product and it provided the following information to help prepare the master budget:The budgeted sel

cupoosta [38]

Answer:

$672,000

Explanation:

The computation of the account receivable balance at the end of July month is shown below:

Particular June July August September

Unit sales 8,500 16,000 18,000 19,000

Unit selling

price $70 $70 $70 $70

Sales $595,000 $1,120,000 $1,260,000 $1,330,000

Credit sales collection

40% in this

month sale $238,000 $448,000 $504,000 $532,000

60% in the

following month $357,000 $672,000 $756,000

Total collection $238,000 $805,000 $1,176,000 $1,288,000

For the account receivable at the end of July we considered the 60% oustanding amount i.e $672,000

8 0

3 years ago