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finlep [7]
3 years ago
13

Stores are overflowing with the latest vampire novel at $10. Store managers are frustrated with the lack of sales. The equilibri

um price for this novel is _________
a. $10
b. less than $10
c. more than $10
d. not calculable
Business
1 answer:
Y_Kistochka [10]3 years ago
7 0

Answer:

correct answer is b. less than $10

Explanation:

solution

latest vampire novel  = $10

and here Equilibrium price meaning that here is balance  

and equilibrium between supply of good and demand for that same goods

so demand and supply is balancing each other

and if there too much supply then price will go down and demand will rise up

but here he reduced price and their demand go up

so correct answer is b. less than $10

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The stock in Bowie Enterprises has a beta of 1.14. The expected return on the market is 12.20 percent and the risk-free rate is
viktelen [127]

Answer:

Required return on stock = 13.44%

Explanation:

We know,

The required return on the company's stock = Risk-free rate of return + (Expected return on the market - Risk-free rate of return) x beta

= R_{f} + (R_{m} - R_{f}) x b

Given,

Beta, β = 1.14;

Risk-free return, R_{f} = 3.33%

Return on the market, R_{m} = 12.20%

Putting the numbers on the formula, we can get,

The required return on the company's stock = 3.33% + (12.20% - 3.33%) x 1.14

required return on stock = 3.33% + 10.1118%

required return on stock = 13.44% (Rounded to two decimal places)

8 0
4 years ago
Dee wants to give Fleesum's employees more freedom to schedule when they begin and end their workdays. Her plan still requires e
Usimov [2.4K]

Answer:

Flextime plan

Explanation:

A flextime plan is a way in which the work time of employees is not fixed and is different from the traditional working hours (for example traditional hours of 9am to 5pm).

In this arrangement it is possible to have a full schedule of work in fewer days. It is possible to run 40 hours of work in 4 days rather than the traditional 5 day work week.

Employers leverage on this type of work plan to meet business needs and to maximise changes in work force

The schedule which Dee is suggesting for Fleesum's employees is for them to work work eight hours per day, but allows them to start as early as 7:00 a.m. or as late as 9:00 a.m., and leave as early as 4:00 p.m. or as late as 6:00 p.m. Her plan also requires all workers to be on the job between 9:00 a.m. and noon, and between 2:00 p.m. and 4:00 p.m.

Business need will most likely be high between 9am to 12pm and 2pm to 4pm.

4 0
3 years ago
Use the following information to determine the break-even point in sales dollars: Unit sales 50,000 Units Dollar sales $ 500,000
Delvig [45]

Answer:

$326,400

Explanation:

The breakeven point is the number of units of  a product a company must sell for its total revenue to be equal to its total cost. The cost elements are fixed and variable. At breakeven, profit/loss is zero hence revenue or sales is equal to cost.

From the information given,

Variable cost per unit = $ 187,500/50,000

= $3.75

Sales per unit = $500,000/50,000

= $10

let the number of units sold at breakeven point be x

10x - 3.75x - 204,000 =  0

6.25x = 204,000

x = 32,640

Breakeven sales = 32,640 * $10

= $326,400

8 0
4 years ago
If you had $1,000 to invest into the following funds, which one would have the highest value (not including any fees) at the end
Reil [10]
.............................................................Budget Challenge?

7 0
3 years ago
Read 2 more answers
Cory is working on a global marketing assessment team looking out well into the future to help determine the most attractive mar
grin007 [14]

Answer:

The correct answer is letter "A": countries with high purchasing power today may not continue to show the same growth in the future.

Explanation:

Even if during the past decade the world's major economies have been the same -<em>The U.S., Japan, China, Russia, and Germany</em>- it does not necessarily mean the scenario will not change for the next one hundred years. Some other countries like Saudi Arabia, Switzerland, Belize, Luxembourg, and Australia have started to show signs of increasing development that could turn the worldwide economy into a new direction. The last five (5) countries are reported as being the top nations with the highest purchasing power for 2018.

7 0
3 years ago
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