Answer:
The aggregate demand will fall
Explanation:
The aggregate supply measures the quantity of real GDP that can be supplied by in the economy at different price levels. it measures planned output if both prices and average wage rates can change, the Long run aggregate supply curve is assumed to be vertical (this means it remains constant when the general price level changes).
The leftward shift in aggregate supply means that at the same price levels the quantity supplied of real GDP has decreased. This is mostly due to natural disasters or other supply shocks like economic depression, when there is leftward shift in aggregate there would be fewer workers available to produce goods at any given price.
Answer:
The EPS is approximately:
it can be any of them:
- if preferred dividends = $4,800,000, then EPS = $0.40 (option A)
- if preferred dividends = $720,000, then EPS = $1.76 (option B)
- if preferred dividends = $0, then EPS = $2 (option D)
EPS = (net income - preferred dividends) / outstanding shares = ($6,000,000 - preferred dividends) / 3,000,000 shares
The Price/Earnings ratio is approximately:
- if EPS = $0.40, then PE ratio = 12.5 (option D)
- if EPS = $1.76, then PE ratio = 2.84 (option C)
- if EPS = $2, then PE ratio = 2.5 (option B)
Price/earnings (PE) ratio = share price / EPS = $5 / EPS
EPS cannot be $1.80, since PE ratio = 2.78 and that is not an option.
Some companies have a higher share price for the same level of earnings. Why?
Some stocks like Amazon have a very low EPS, form any years its EPS was very low bu its stock price kept rising. The stock price is based mostly on potential future earnings, not current earnings. A company that is being liquidated might have a high EPS, but a very low stock price since it will stop operating soon.
Answer:
Elastic or commodity
Explanation:
In microeconomics theory this product would be an elastic product because there are a lot of them so if the price of one of them rises you can choose other kind, but in marketing theory these kind of products are called commodities because there are not a lot of differences between them.
Answer:
A. Infant industry argument.
Explanation:
The infant industry argument is an economic foundation for protection of trade. The main premise of the argument is that small industries most times lack the economic strength that older and stronger competitors from other countries may have, and as such need protection until they grow to a level of relative stability.
Alexander Hamilton first brought up the argument in his 1790 Report on Manufacturers, afterwards it was systematically developed by Daniel Raymond and was modified by Friedrich List in his 1841 work, The National System of Political Economy.
Therefore, Maroij's predicament is best suited to this school of thought.
Answer: C. 
Explanation:
Given : Total people = 8
Number of people are to be selected = 3
The number of combinations of r things taken out of n things is given by :-
The total number of ways to select 3 people out of 8 is given by :-
If George is included , then one person is confirmed, so we need to selec only 2 people out of 7.
Also, Nina is not selected , so the total number of people left= 6
The total number of ways to select 2 people out of 6 that will include George but not Nina is given by :-
i.e. No. of favorable outcomes= 15
Now, the probability that 3 people selected will include George but not Nina :-
Hence, the required probability = C.
