All categories

4 years ago

Equilibrium in the market-place means that quantity supplied 'Qs' equals quantity demanded 'Qd'.

Business

1 answer:

steposvetlana [31]4 years ago

5 0

Answer:

P = 380

Explanation:

At equilibrium, we have:

Qs = Qd

Since Qs = 1,050 and Qd = 2,000 – 2.5P, we therefore have:

1,050 = 2,000 – 2.5P

We now proceed to rearrange and solve for P as follows:

1,050 - 2000 + 2.5P = 0

2.5P = 2,000 - 1,050

2.5P = 950

P = 950 / 2.5 = 950 ÷ 2.5

P = 380

Therefore, the equilibrium price 'P' is equal to 380.

You might be interested in

Which of the following statements is CORRECT?

cestrela7 [59]

Answer:

C) Capital market instruments include both long-term debt and common stocks.

Explanation:

Capital market instruments include several types of financial instruments like stocks, bonds, US securities, foreign exchange, etc.

Since these financial instruments are basically debt and equity instruments, they are called securities. So another term used to refer to capital markets is the securities market. Capital markets are divided into two main classifications: primary markets where recently issued securities are traded, and secondary markets where investors trade previously acquired securities.

7 0

3 years ago

Based on your understanding of bond ratings and bond-rating criteria, which of the following statements is true? During a period

vaieri [72.5K]

Answer: 1. During an economic recession and in a pessimistic environment, the yield spread between US government bonds and corporate bonds could be higher than during good economic times.

2. Reorganization

Explanation:

1. When there is a higher yield gap between the US Government bonds and Corporate bonds, this means that the Corporate bonds carry more risk. In a Pessimistic Environment, the ability of a company to pay it's Debt obligations is called into question as the economy is going through hard times and they must be as well. If this is the case which it usually is, higher risk will be attached to Corporate bonds which means that the yield spread/gap will be higher in such an environment than in an Optimistic environment.

2. Reorganization refers to the changing of the way a company is run from it's ownership to it's structure and modus operandi. It is usually done to ensure the business survives when it is going through hard times and the current status quo cannot stand. Hawaiian Telecom engaged in Reorganization by engaging in the actions described.

6 0

3 years ago

8. Which type of credit requires that borrowers carefully manage the debt so it doesn't get out of

torisob [31]

Answer:

the type of credit that requires borrowers to carefully manage debt so that it doesn't get out of control is revolving credit

3 0

3 years ago

Read 2 more answers

Bro r u kidding me smh

antoniya [11.8K]

Answer: THATS SO F-U-C-K-I-N-G STUP.ID!!!!!!!!! HOW HARD IS IT FOR THEM TO GIVE YOU MORE TIME!!!!!!!!!

Explanation:

4 0

3 years ago

Read 2 more answers

Lakeside has gathered the following data in order to calculate the weighted-average breakeven point: Unit Sales Price Unit Varia

Evgen [1.6K]

Answer:

The correct answer is option (d).

Explanation:

According to the scenario, the given data are as follows:

Product A sales price = $150

Product A Variable price = $100

Sales percentage of product A = 0.80

So, Weighted average = ( Product A sales price - Product A Variable price) × Sales percentage of product A

= ( $150 - $100) × 0.80

= 40

Similarly, Product B sales price = $100

Product B Variable price = $60

Sales percentage of product B = 0.20

So, Weighted average = ( Product B sales price - Product B Variable price) × Sales percentage of product B

= ( $100 - $60) × 0.20

= 8

Total weighted average = 40 + 8 = 48

Hence, the weighted average breakeven point can be calculated by using following formula:

Weighted-average breakeven point = Fixed Cost ÷ Total weighted average

= $480,000 ÷ 48

= 10,000 units

7 0

3 years ago