Answer:
A - increased equilibrium price and quantity.
B - decrease in equilibrium price and quantity.
C - increase in equilibrium price and quantity
Explanation:
A the demand for Shakespeare play will increase because of death of Marlowe which means price of Marlowe plays would increase because of short supply and this would cause an indirect increase in price of Shakespeare plays which results in rightward shift of demand curve for Shakespeare play thereby increasing equilibrium price and quantity.
B a lot of population would deter from seeing Shakespeare plays to avoid contracting diseases which cause drop in demand and demand curve would shift to the left thereby causing equilibrium price to decrease.
C the queens commissioning of new plays for the festival weeks would increase demand for Shakespeare plays at any given price which would cause rightward shift of demand curve resulting in increased equilibrium price.
Answer:
A. Without changing her total expenditure, she could increase her utility by consuming more jam and less juice.
B. Straight line Indifference curve has negative slope.
D. All of the above.
Explanation:
Isobel can increase her total utility by consuming more of jam and less of juice. Her total expenditure will not change and therefore price of jam is 10 cents while price of juice is 5 cents. She can have more jam because marginal utility for jam is double than juice.
Answer:
A
Explanation:
While financial reserve is an amount set aside, for emergencies is most appropriate is because, emergencies may either be short-term or medium term depending on the way it comes. A reserve can always be used to cushion the effect of unexpected events.
Answer:
calculate the ending balance.$1200
Explanation:
Cash account
<u> Deb Cre
</u>
Receive cash from customers 16400
Pay cash for employee salaries 10400
Pay cash for rent 4400
Receive cash from sale of equipment 9400
Pay cash for utilities 2400
Receive cash from a bank loan 5400
Pay cash for advertising 8400
Purchase supplies on account 4400
31200 30000
ending balance 1200
What i would do is multiply the 9 cars by 4 because I need to take the 4 minutes and apply it to all the cars in front of me. 9 x 4 = 36. I calculate that I would wait 36 mins for it to be my turn.