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Alja [10]
3 years ago
8

Consider the market for pens. Suppose that a new educational study has proven that the practice of writing, erasing, and rewriti

ng improves students' ability to process information, leading parents to steer away from pen use in favor of pencils. Moreover, the price of plastic, an important input in pen production, has increased considerably.
Business
1 answer:
Zielflug [23.3K]3 years ago
4 0

Answer: Quantity of pens fall, Change in price ambiguous

Explanation:

The new educational study has proven that the practice of writing, erasing, and rewriting improves students' ability to process information, leading parents to steer away from pen use in favor of pencils. This will lead to a fall in the demand for pens, shifting its demand curve to the left.

Moreover, the price of plastic, an important input in pen production, has increased considerably. This will increase the cost of production of pens, inducing producers to reduce pen supply in the market. The supply curve shifts up to the left.

Both these shifts lead to a fall in the quantity of pen in the market. However, the effect on price cannot be determined as it depends on the magnitude of the two shifts.


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Quaker State Wings has 320,000 shares outstanding and net income of $980,000. The company stock is currently selling for $62.97
ELEN [110]

Answer:

The new EPS is $ 3.16  

Explanation:

In order to compute the earnings per share after the share repurchase the shares repurchased must deducted from the weighted average number of share of 320,000 before repurchase so as  to arrive at the number of shares eligible for the earnings after such repurchase.

The number of shares repurchased=$634,000/$62.97

                                                           = 10,068.29  

The average weighted number of shares after repurchase is  309,931.71  (320,000-10,068.29)

EPS after repurchase=$980,000/309,931.71

                                   =$3.16 per share

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3 years ago
What is a good Warzone loadout. Best gets Brainliest. Explain
muminat
M4A1 is the best weapon
4 0
3 years ago
Read 2 more answers
A common stock pays an annual dividend per share of $2.10. The market capitalization rate (required return on equity) is 10.0%.
Inessa05 [86]

Answer:

the  value of the stock is $21

Explanation:

The computation of the value of the stock is given below:

= Annual dividend per share ÷ required rate of return

= $2.10 ÷ 10%

= $21

Hence, the  value of the stock is $21

We simply divided the annual dividend from the required rate of return so that the value of the stock could come

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2 years ago
What is said to exist when total demand equals total supply in a transportation problem? an equilibrialized problem a balanced p
ss7ja [257]

Answer:

a balanced problem

Explanation:

  • In the transportation problem, when the total supply is greater than the total demand than we will say that the problem is unbalanced and
  • when total demand equals total supply in a transportation problem that then we will say that the problem is balanced.
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prohojiy [21]

Answer: The answer is b. Reduce output in the short run.

Explanation: In production, to determine the quantity of products to supply, the demand of the consumer plays a very vital role. This is because the consumer demand will determine the price at which a company will sell its products.

In the case of Techno above, they would do well to reduce the output in the short run, since demand has reduced, pending when the demand increases. This is because if they maintain their current output of 3000 TV sets per week, they will sell less units and their revenue (price x quantity sold) will be lower than their cost and this will lead to them incurring loss.

So until the recession scare passes, output should be reduced in the short run.

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3 years ago
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