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4 years ago

If the price of Pepsi decreases, all else held constant, then weâ€™d expect to see a consequent shift of the demand curve for

2 answers:

3 0

The demand curve itself should actually move. Instead you would be moving along the curve. Your question is incomplete but the information given would result in a shift to the right on the demand curve. In other words, quantity demanded for pepsi would increase. (There would be a shift to the left on the supply curve.)

snow_tiger [21]4 years ago

3 0

Answer:

There will be a shift in the demand curve

Explanation:

A shift in the demand curve is influenced by many factors. For example, the shift happens when the demand curve moves either to the right or to the left. Several factors contribute towards the shift:

The product becomes popular.
There is an increase in the cost of the goods.
The price of the complement goods and services increases.
There is a rise in the incomes generated.

All the factors above contribute to a consequent shift in the supply and demand curve.

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Insetto Biological Manufacturing produces a pesticide chemical and uses process costing. There are three processing departmentsl

vichka [17]

Answer:

Units completed= 38,400

Units in process= 5,600

Explanation:

Giving the following information:

Beginning inventory= 0

During January:

44,000 units started

30,000 completed

14,000 remained in the process

The ending inventory in the Mixing Department was 60% complete concerning conversion costs.

<u>To calculate the equivalent units under the weighted average method, we need to use the following structure:</u>

Weighted average:

Beginning inventory= 0

Units completed in the period= 30,000

Ending inventory WIP= 14,000*0.6= 8,400

Units completed= 38,400

Units in process= 5,600

5 0

3 years ago

The point where marginal cost curve crosses the ____________ and ___________ curve is where the profit maximizing quantity deman

Hoochie [10]

Answer:

This question is incomplete, the options are missing and the word "and" between the gaps is wrong and should not be there.

The options are the following:

a) Marginal revenue

b) Average revenue

c) Variable cost

d) Fixed cost

And the correct answer is the option A: Marginal revenue.

Explanation:

To begin with, in the microeconomics theory the marginal analysis is very well known for being one of the reasons why the price is determined in the markets under the laws of economic sciences. Moreover, this marginal analysis focus on the interaction between all the curves that represents the costs and revenues that are related to the consumer of a good or service in a particular market. In the graphic, the point where the marginal cost curve equals the marginal revenue curve is where the profit maximizing quantity demanded and the price are the same and therefore those are the equilibrium numbers.

5 0

3 years ago

John Montgomery Ward founded the first baseball players union to fight what practice(s) by baseball team owners? A. Salary caps

cestrela7 [59]

Answer:

D. All of these are correct

Explanation:

John ohn Montgomery Ward was a first sports player who is a professional and baseball league.

Here the practices that should be considered by basketball team owners are as follows

a. Salary caps

b. Profit sharing is not considered

c. Reserve system of basketball

Hence, the correct option is D

Thus, all the options are correct

8 0

3 years ago

Ayayai Corp. had the following inventory transactions occur during 2022: Units Cost/unit Feb. 1, 2022 Purchase 102 $42 Mar. 14,

Dominik [7]

Answer:

Income after tax = $1666

Explanation:

LIFO (Last-In-First-Out) is a method of inventory valuation where the goods that are received last are used first. In other words, the latest stock is used first. This is common for bulky inventory, stacked one on top of another.

In order to obtain the after-tax income, both the gross profit and income before tax are required. To obtain gross profit, we require the cost of goods sold information. The inventory information is as follows:

Feb 1 : Purchases : 102 units x $42 = $4284

Mar 14 : Purchases : 175 units x $44 = $7700

May 1 : Purchases : 124 units x $46 = $5704

288 units were sold

The COGS would be:

124 x $46 = $5704

164 x $44 = $7216

Thus COGS : $5704 + $7216 = $12920

Gross profit : Sales - COGS

Sales : $59 x 288 = $16992

Gross Profit = $16992 - $12920 = $4072

Income before tax : Gross Profit - Expenses

Operating expenses : $1692

Income before tax = $4072 - $1692 = $2380

Income after tax : Income before tax - (tax rate x income before tax)

Tax rate : 30%

Income after tax = $2380 - ($2380 x 30%) = $1666

7 0

3 years ago

The Club Auto Parts Company has just recently been organized. It is expected to experience no growth for the next 2 years as it

Ratling [72]

Answer:

P1=$8.43

Explanation:

$D1= 0.5\\D2=0.5\\D3=D2(1+g3) = 0.5(1.05)=0.525\\D4=D3(1+g4) = 0.5(1.05)(1.1) =0.5775\\$

The value of the stock is equal to the present value of all cash-flows expected from holding the stock. At the end of year 1, the value of the stock is found by calculating the present value of the remaining dividends i.e D2, D3, D4, D5 etc till infinity.

Therefore price equals $P1=\frac{D2}{1+ke} + \frac{D3}{(1+ke)^{2} } +\frac{D4}{(ke-g)(1+ke)^{3} }$

given the values of Dividends calculated above and ke= 15% :

$P1=\frac{0.5}{1.15^{1} } +\frac{0.525}{1.15^{2}} +\frac{0.5775}{(0.15-0.1)(1.15^{3} } = $8.43$

7 0

3 years ago