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Ludmilka [50]
3 years ago
8

Which of the following would cause a leftward shift of the supply curve for computers? A. an increase in the price of printed ci

rcuit boards used to build computers B. a decrease in the price of electricity C. an increase in incomes of consumers D. decrease in quantity supplied E. increase in supply
Business
1 answer:
Margaret [11]3 years ago
6 0

Answer:

The answer is A.

Explanation:

All other things being equal, an increase in the cost of production of a product will decrease the units of the product being reduced and this reduction in supply shifts the supply curve to left while a decrease in the cost of production will increase the units of the product being produced and this shifts the supply curve to the right.

Printed circuit boards is one of the materials used to build computers and since the price has increased, the cost of producing computer also increases and this will make the producers to produce less, shifting the supply curve to the left.

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) Suppose that the linear equation for consumption in a hypothetical economy is C = $40 + .8Y. Also suppose that income (Y) is $
Elis [28]

Answer:

(a) The marginal propensity to consume is equal to 0.8.

(b) The marginal propensity to save is equal to 0.2.

(c) The level of consumption is equal to $360.

(d) The average propensity to consume is equal to 0.90.

(e) The level of saving is equal to $40.

(f) The average propensity to save is equal to 0.10.

Explanation:

Given:

C = $40 + 0.8Y ................... (1)

Y = $400 .............................. (2)

(a) the marginal propensity to consume (MPC)

This can be determined by differentiating equation (1) with respect to Y as follows:

MPC = dC/dY = 0.8

Therefore, the marginal propensity to consume is equal to 0.8.

(b) the marginal propensity to save (MPS)

MPS = 1 – MPC

Since MPC = 0.8, we have:

MPS = 1 – 0.8 = 0.2

Therefore, the marginal propensity to save is equal to 0.2.

(c) the level of consumption (C)

Since Y = $400, we substitute into equation (1) to have:

C = $40 + (0.8 * $400) = $40 + $320 = $360

Therefore, the level of consumption is equal to $360.

(d) the average propensity to consume (APC)

This can be calculated as follows:

APC = C / Y = $360 / $400 = 0.90

Therefore, the average propensity to consume is 0.90.

(e) the level of saving (S)

This can be calculated as follows:

S = Y - C = $400 - $360 = $40

Therefore, the level of saving is $40.

(f) the average propensity to save (APS)

This can be calculated as follows:

APS = S / Y = $40 / $400 = 0.10

Therefore, the average propensity to save is 0.10.

5 0
3 years ago
A U.S. firm buys merchandise today to a Japanese company for ¥100,000,000. The current exchange rate is ¥110.58/$, the account i
-Dominant- [34]

Answer:

d. transaction loss; $3,695

Explanation:

Calculations:

Today  ¥110.58 can be exchanged by $1

<h3>US firm to pay today = 100,000,000/110.58 = 904322.66</h3>

US firm had to pay $904322.66 today.

US firm chooses to pay three months after the transaction and do not uses any hedging technique.

Three months later on settlement date  ¥110.13 can be exchanged by $1, so less  ¥ can be exchanged now than three months ago ( ¥110.58). Now US firm would incur transaction loss. Translation loss/gain occurs when balance sheet of a firm is converted from one currency to another.

<h3>US firm to pay 3 months later = 100000000/110.13 = 908017.79</h3>

US firm to pay $904322.66 three months later

<h3>Transaction gain/loss = $904322.66 - $908017.79 = -$3695.13 </h3>

So US firm incurs loss of $3695.13, rounded off to $3695

6 0
3 years ago
Changes that can increase measured total factor productivity include:
dedylja [7]

Answer:

The correct answer is letter "A": increased expenditures on education.

Explanation:

Total Factor Productivity (<em>TFP</em>) measures the total production of a region by dividing the total amount of output by the weighted average of inputs such as labor and capital. It represents growth in real output as a result of changes in labor and capital. Under such a scenario, <em>changes in the expenditures for education would change the total factor of production since it has a direct impact on labor quality. The higher the expenses in education, the higher the quality of labor.</em>

7 0
3 years ago
Algonquin Books partnered with Barnes &amp; Noble to offer a unique ________. If you purchase one of 12 paperback books publishe
Llana [10]

Answer:

sales promotion

Explanation:

Based on the information provided in regards to the situation at hand it seems that they offered a unique sales promotion. This term refers to when a company tries to persuade potential customers into buying a certain product by offering discounts on that product or other products when making a purchase. Exactly what Algonquin Books is doing by offering a discount on ebooks if you purchase a paperback book.

8 0
3 years ago
A soft drink bottler incurred the following factory utility cost: $3,711 for 1,250 cases bottled and $3,790 for 1,800 cases bott
Brilliant_brown [7]

Answer:

$0.1436

Explanation:

Given that,

$3,711 for 1,250 cases bottled

$3,790 for 1,800 cases bottled

Factory utility cost is a mixed cost containing both fixed and variable components.

Variable cost per unit:

= Difference in costs ÷ Difference in units

= ($3,790 - $3,711) ÷ (1,800 - 1,250)

= $79 ÷ 550

= $0.1436

Therefore, the variable factory utility cost per case bottled is closest to $0.1436.

7 0
3 years ago
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