Answer:
Correct answer is C (just took the test)
Explanation:
Analyze in food prices and personal items as well.
Find a hobby & use the best set of skills that i have & start to make my own money. Just because a person doesn't attend school or work does not mean there less, with the skill set that you can teach your self & develop on your own you can make you own money & if family & friends help you can have a business up in no time with the right tools & help you can go far.<span />
Answer:
487.87 lots
Explanation:
Step 1
As we know that:
392 lots = 43,560 square feet per acre
Step 2
So total lots for 120 acres would be:
392 lots * 120 = 43560 square feet per acre * 120
47040 lots = 5,227,200 square feet per acre
Step 3
The land available is 70% of total square feet:
Land available = 5,227,200 * 70% = 3,659,040 square feet per acre
Step 4
Converting these square feet into adjusted square feet per lot according to our required square feet per lot measure
Because we want to keep 7500 sq feet in a single lot (7500 sq ft/ lot)
Adjusted square feet per lot according to our requirements= 3,659,040 square feet per acre / 7,500 = 487.87 lots
Question Completion with Options:
1. The demand curve shifted to the right, the supply curve shifted to the left, the equilibrium price and quantity increased from 2017
2. Supply and demand curves have shifted to the left and the equilibrium quantity has decreased from 2017 but it is impossible to determine the effect on the equilibrium price.
3. The demand curve shifted to the left, the supply curve shifted to the right, the equilibrium price and quantity increased from 2017 Od.
4. Supply and demand curves have shifted to the left and the equilibrium price and quantity for Panthers' jersey market has decreased since 2017.
Answer:
This is how the new equilibrium price and quantity are like compared with the prior year’s Panthers’ jersey market before the scandal and increased manufacturing costs:
2. Supply and demand curves have shifted to the left and the equilibrium quantity has decreased from 2017 but it is impossible to determine the effect on the equilibrium price.
Explanation:
The scenario presents a decrease in supply of the jersey caused by the increase in the cost of production by 20%. This is why supply shifted to the left. Based on this factor, price is supposed to increase but this does not reflect on the data because the scandal also dampened demand. No wonder demand also shifted to the left, resulting in further decrease. These two leftward shifts caused the equilibrium quantity to decrease. However, we cannot establish whether the price decreased as well because it is supposed to increase due to the increased production cost in China.
