Answer:
C) The market learing price may rise, fall, or stay the same, but the equilibrium quantity will rise.
Explanation:
An increase in demand would lead to an increase in demand and price.
An increase in supply would lead to an increase in supply and a fall in price.
The combined effect would lead to an increase in equilibrium quantity but the effect on equilibrium price would be indeterminate.
I hope my answer helps you
5.55%
What is percentage?
In mathematics, a % is a number or ratio that is stated as a fraction of 100 (from the Latin per centum, "by a hundred"). Although the abbreviations "pct.", "pct.", and occasionally "pc" are also used, the percent sign, "%," is frequently used to indicate it. A % lacks dimensions and has no associated unit of measurement. %, which is a relative figure used to denote hundredths of any quantity. Since one percent (symbolized as 1%) is equal to one tenth of a percent, 100 percent denotes the complete amount, and 200 percent denotes twice the amount of the given percentage, By dividing the value by the entire value and multiplying the result by 100, one may determine the percentage. The percentage calculation formula is (value/total value)100%.
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Answer:
According to this sample, the claim of the company is not true.
Explanation:
Giving the following information:
A company claims that 20% of their mixed nuts are cashews, 30% are almonds, and the rest is peanuts and that they thoroughly mix millions of nuts and a machine shoots them into packages of 200.
To test their claim I bought a package of their mixed nuts. It contained 200 nuts. I counted 25 cashews, 50 almonds, and 125 peanuts.
We need to calculate the proportion of each type of nuts in the package sample.
Proportion= type of nuts/ total nuts
Proportion cashews= 25/200= 0.125
Proportion almonds= 50/200= 0.25
Proportion peanuts= 125/200= 0.625
According to this sample, the claim of the company is not true.
Answer:
30.77%
Explanation:
The computation of the gross profit margin is shown below:
Gross profit margin = (Gross profit ÷ Sales) × 100
where,
Gross profit would be
= Sales - costs of goods sold
= $52,000,000 - $36,000,000
= $16,000,000
And, the sales is $52,000,000
Now add these values to the formula above
So, the ratio would be equal to
= ($16,000,000 ÷ $52,000,000) × 100
= 30.77%
Answer:
D) Both A. and B. are true.
- A) The schedule provides no information as to whether Jurisdiction M's tax is horizontally equitable.
- B) Jurisdiction M's tax is vertically equitable.
Explanation:
When we are talking about horizontal equity of a tax, we are talking about how the tax base is measured and the ability that taxpayers have to pay the tax. There is nothing here about tax base or taxpayers' ability to pay.
On the other hand, vertical equity deals with the tax rate structure. In this case, the tax rate is progressive, meaning that it increases as the taxpayers' income increases. Progressive taxes are vertically equitable.