Answer: B) If the equilibrium quantity of cheeseburgers increases, then the demand shift in the market for cheeseburgers must have been larger than the supply shift.
Explanation:
1. An increase in the price of cheeseburgers is due to the fact that several burger joints in the area have recently gone out of business. This will shift the supply curve for cheeseburgers to the left, driving up the price of cheeseburgers and reducing the quantity.
2. An increase in the price of Calzones at local pizza parlors lead to an increase in the demand for Cheese burgers as cheese burgers and calzones are substitutes to each other. So, when price of calzones rise, consumers shift demand to cheeseburgers. This will lead to a rightward shift in the demand for cheese burgers as a result the price and quantity of cheese burgers increase.
3. A decrease in supply due to burger joints going out of business shift the supply curve to the left. Increase in the price of calzones increase demand for burgers shifts the demand curve to the right. Both these will increase the price of cheeseburgers but the effect on quantity cannot be determine as depends on the magnitude of the shift in the two curves.
If demand shifts more than supply, equilibrium quantity increases. If supply shifts more than demand, equilibrium quantity decreases.
Thus, B is correct.
Answer:
the net cash used in financing activities is -$3,803,000
Explanation:
The computation of the net cash used in financing activities is shown below:
= Payment of cash dividend - payment for early retirement + proceeds from the sale of treasury stock
= -$280,000 -$3,974,000 + $451,000
= -$3,803,000
hence, the net cash used in financing activities is -$3,803,000
WE simply applied the above formula
Answer: (4) Values
Explanation:
The values are basically refers to the fundamental beliefs that helps in motivating our actions and the attitude of the person.
The values plays an important role in our life as it developing the various types of good the respect, honesty and the also teach us that always respect the regions and culture.
According to the given question, the values is basically refers to the permanent and deeply underlying belief that helps in determine the attitude of the person.
Therefore, Option ($) is correct answer.
System theorists point out that the real problem in this example is dysfunctionality. Dysfunctionality is a way of providing a conflict in certain situations and that individual or the people involved in a situation are not harmonized that they are not able to maintain and function normally because of certain problems and lack of harmony.
The answer is maslow's levels of needs. The maslow termed physical, security, fitting, love, esteem, self-actualization and self-transcendence to define the array that a person inspirations usually change over and done with. The aim of maslow theory is to accomplish the sixth level of stage which is self transcendent requirements.
