1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Zepler [3.9K]
3 years ago
6

Consider a scenario where the demand is estimated to be represented by the following equation: ,

Business
1 answer:
Tcecarenko [31]3 years ago
5 0

Answer:

Option (A) is correct.

Explanation:

Qx = 1000 - 10Px + 0.1I + 10Py

Suppose income of the consumer and the price of good x remains constant at

I = $100

Px = $10

Initial price of good y, Py = 10

So,

Qx = 1000 - 10(10) + 0.1(100) + 10(10)

     = 1000 - 100 + 10 + 100

     = 1,010 units

If price of good y increases to $20, then,

Qx = 1000 - 10(10) + 0.1(100) + 10(20)

     = 1000 - 100 + 10 + 200

     = 1,110 units

This will results in an increase in the quantity demanded for good x which shows that there is a positive relationship between the price of good y and quantity demanded for good x.

This indicates that good x and good y are substitute goods.

You might be interested in
Halestorm Corporation’s common stock has a beta of 1.13. Assume the risk-free rate is 4.8 percent and the expected return on the
nadezda [96]

Answer:

13.275%

Explanation:

Using Capital Asset Pricing Model we have,

Cost of equity = Risk free return + Beta (Market return - Risk free return)

Provided risk free rate of return = 4.8%

Beta = 1.13

Market rate of return = 12.3%

Therefore cost of equity = 4.8% + 1.13 (12.3 - 4.8)

= 4.8% + 8.475%

Therefore, Halestorm Corporation's cost of equity

= 13.275%

5 0
3 years ago
In Bramble Company, materials are entered at the beginning of each process. Work in process inventories, with the percentage of
bezimeni [28]

Answer:

Detailed step-wise solution is given below:

5 0
4 years ago
Which two key considerations should be made to make sure the performance of the report is not degraded due to large data volume?
fgiga [73]

B. A number of joins used in report query.

C. A number of records returned by report query.

Explanation:

A report on the results of something is a survey. These are generated annually by government bodies that have to prove that the money was spent correctly and accurately, funded by public money.

Such reports should include metrics of success that assess the organization's accomplishments and its services. The statistics that, for instance, show the number of arrests, number of convictions by category of crime and the increase in crime rates for a police department.

5 0
3 years ago
Next year's sales forecast shows that 20,000 units of Product A and 22,000 units of Product B are going to be sold for prices of
kramer

Answer:

(A) c. $464,000

(B) c. 20,400 units

(C) d. 22,500 units

Explanation:

a. The computation of the total budgeted sales of both products is shown below:

= Product A sales units × selling price per unit + Product B sales units × selling price per unit

= 20,000 units × $10 + 22,000 units × $12

= $200,000 + $264,000

= $464,000

b. For computing the budgeted purchase, first we need to find out the ending inventory which is shown below:

Ending inventory = Beginning inventory + (Beginning inventory × increase rate)

= 2,000 units + 2,000 units × 20%

= 2,000 units + 400 units

= 2,400 units

Now the budgeted production would be equal to

= Foretasted sales + ending inventory -  Beginning inventory

=  20,000 units + 2,400 - 2,000 units

= 20,400 units

(C) The computation of the budgeted production is shown below:

= Foretasted sales + ending inventory -  Beginning inventory

=  22,000 units + 3,000 - 2,500 units

= 22,500 units

5 0
4 years ago
in contrast to development, which occurs at higher levels in an organization, involves teaching employees how to perform their j
Sever21 [200]

Education and improvement check with educational sports within an organization created to beautify the knowledge and competencies of personnel even as providing information and coaching on the way to better perform unique tasks.

There are primary alternatives for supervising employee schooling and development in an agency: with the aid of HR or Operations. usually, education and improvement fall beneath the HR branch. But, within the case of HR-owning employee training and development, there is a hazard of disconnection of schooling from a business.

Offering training and improvement to personnel allows employers to pinpoint the know-how and competencies they want their personnel to have. education and development programs can teach personnel about new skills or offer updates on present abilities to enhance productivity.

Learn more about organization here: brainly.com/question/24660606

#SPJ1

8 0
1 year ago
Other questions:
  • While pollution regulations yield the benefit of a cleaner environment and the improved health that comes with it, the regulatio
    12·1 answer
  • The nurse is assessing a patient's functional ability. which activities most closely match the definition of functional ability?
    6·1 answer
  • Suppose the price of university sweatshirts increases from $10 to $20 and the quantity supplied increases from 20 to 30. The pri
    7·1 answer
  • g Sunk costs are: Please choose the correct answer from the following choices, and then select the submit answer button. Answer
    9·1 answer
  • Meet /svc-jgyu-fii<br>join​
    14·2 answers
  • Lewis spends a lot of time socializing while at work. In his interactions with Walid, he constantly asks personal questions and
    12·1 answer
  • During 2020, Morefield Building Company constructed various assets at a total cost of $14,700,000. The weighted average accumula
    11·1 answer
  • Why education and training important in professional I am give reason​
    11·1 answer
  • The following December 31, 2021, fiscal year-end account balance information is available for the Stonebridge Corporation:Cash a
    14·1 answer
  • Under a team-based new product development approach, company departments work closely together in cross-functional teams. Overla
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!