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AfilCa [17]
3 years ago
13

Suppose there are five suppliers of ice cream in the town of Summerville. When the price of ice cream is $2 per scoop, Firm A is

willing to sell 20 scoops, Firm B is willing to sell 50 scoops, Firm C is willing to sell 35 scoops, Firm D is willing to sell 100 scoops, and Firm E is willing to sell 40 scoops. From this information we can conclude that Group of answer choices the market quantity supplied is less than 250 scoops when the price is $2 per scoop. the market quantity supplied is greater than 250 scoops when the price is less than $2 per scoop. the market quantity supplied is greater than 250 scoops when the price is $2 per scoop. the market is in equilibrium.
Business
1 answer:
victus00 [196]3 years ago
3 0

Answer:

the market quantity supplied is less than 250 scoops when the price is $2 per scoop

Explanation:

When price is $2, the total quantity supplied = 20 + 50 + 35 + 100 + 40 = 245

At the price $2, the total quantity supplied is less than 245

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Answer:

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3 years ago
Which economic challenges in one way that economies in southern and Eastern Africa are overcoming?
cricket20 [7]
"Ecotourism" is the one way among the following choices that are given that <span>economies in southern and Eastern Africa are overcoming the economic challenges. The correct option among all the options that are given in the question is the third option or option "c". I hope the answer has helped you.</span>
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3 years ago
Find the square root of 31-4√21​
rjkz [21]

Explanation:

3x+4=-2 hope that helps.

7 0
3 years ago
Sag manufacturing is planning to sell 400,000 hammers for $6 per unit. The contribution margin ratio is 20%
Tasya [4]

The question is incomplete. The following is the complete question.

Sag Manufacturing is planning to sell 400,000 hammers for $6 per unit. The  contribution margin ratio is 20%. If Sweet will break even at this level of sales, what are  the fixed costs?

Answer:

Fixed costs are $480000

Explanation:

The break even sales is the value of total sales or total revenue where it equals total cost and the company makes no profit or no loss. The break even in sales is calculated by dividing the fixed costs by the contribution margin ratio.

Break even in sales = Fixed cost / Contribution margin ratio

Plugging in the available values we can calculate the value of fixed cost. We know that the break even in units is at 400000 units. Thus, its value in sale will be 400000 * 6 = 2400000

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3 years ago
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Answer:

Internal rate of return method

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Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

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