Equilibrium price will increase and quantity will decrease will be the resulting change in the equilibrium of the chocolate bar market.
The equilibrium charge is the rate at which the amount demanded equals the amount supplied. It's far decided through the intersection of the demand and deliver curves. A surplus exists if the amount of an excellent or carrier provided exceeds the amount demanded on the contemporary charge; it causes downward strain on the charge.
Equilibrium is the nation wherein market supply calls for balance every other, and as a result, costs come to be strong. Typically, an over-supply of goods or services causes expenses to move down, which results in a higher call for—while an underneath-deliver or shortage causes fees to head up resulting in less demand.
Upward shifts inside the supply and demand curves have an effect on the equilibrium rate and amount. If the deliver curve shifts upward, meaning deliver decreases however demand holds constant, the equilibrium rate will increase but the quantity falls.
Learn more about the Equilibrium price here brainly.com/question/26075805
#SPJ4
Answer:
0.4 or 40%
Explanation:
The formula for Contribution Margin Ratio is:
[TS - TVC] / TS
Where TS = Total Sales
TVC = Total Variable Cost
Applying the formula,
[5,000 - 3,000] / 5,000 = 2000/5000 = 0.4
Turning this value to a percentage, 0.4 × 100 = 40%
The interpretation of this is that for every item sold, 40% of the sales price is available to cover fixed costs.
Remember: The addition of fixed cost to variable cost = total cost
Answer:
The present value of the cash flows from your lottery winnings is $11,132,000.
Explanation:
Present Value of Lottery = $2,420,000
Annuity periods = 40
Present Value of annuity = P ( ( 1 - ( 1 + r / m )^-mt ) / r )
Present Value of annuity = 1,210,000 ( ( 1 - ( 1 + 0.09/2 )^-40 ) / 0.09 )
Present Value of annuity = 1,210,000 x 9.20
Present value of cash flow = $11,132,000
The present value of the cash flows from your lottery winnings is $11,132,000.
<span>The
court most likely found that the statute, as it applied to Hershberger, was unconstitutional
under the free exercise clause since the state argued that the law applied to
all equally and Hershberger stated that he was willing to display the sign if
he could use silver, instead of red, reflective tape, which was equally
effective. </span>
