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VikaD [51]
3 years ago
7

All else constant a large decrease in the number of people who want to own a sport utility vehicle because of their poor fuel ef

ficiency could be expected to cause_________.
Business
1 answer:
Naddik [55]3 years ago
5 0

Answer:

c) a decrease in the equilibrium price of gasoline

Explanation:

Since SUVs and gas are complementary goods, the relation between these two in the example is evident. Since the demand of SUVs decreases, the demand for its complimentary good will also decrease, as it has little to no use without the SUV.

As a consequence, the price of gasoline will decrease, as the demand decreases.

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Transland Company has recently tried to improve its analysis for its manufacturing process. Units started into production equale
Maksim231197 [3]

Answer:

Materials cost per unit is $13.40

Explanation:

Equivalent Unit of Material = (3,200-1,700)*100% + 1,700*100%

Equivalent Unit of Material = 3,200

Materials cost per unit = total materials costs/Equivalent Unit of Material

Materials cost per unit = 42,880/3,200

Materials cost per unit = $ 13.40

6 0
4 years ago
Q2. Why is the biotech industry a global industry?
CaHeK987 [17]
I can help with question two, but not question three. 
The answer to question two is that biotech companies are part of the global industry from day one. Because capital is global, diseases know no borders, people are mobile, and you can get science anywhere in the world, there is an immediate competition with all other bioscience companies in the world.  
In other words, when you start a biotech company in the US, you are immediately competing with biotech companies in Japan, the UK, etc. because you're all competing for the same capital, the same consumers, the same pharmacies, etc. 
My best guess for question three is just that regulations are always important for global businesses (or really any business in general) as they protect both the businesses, the employees, and the consumers. In the case of biotech businesses, they protect people from false advertising of the benefits of products for example. 
Hope this helps!
6 0
3 years ago
How much would you pay today for an asset that pays $1,000 per month, for 12 months, starting today if the interest rate is 4% A
shutvik [7]

Answer:

Explanation:

Present value of Annuity will be used for this as the future payments are given  after equal intervals.

PV of an Annuity = C x [ (1 – (1+i)^-n) / i ]

Where,

C is the cash flow per period

i is the rate of interest

n is the frequency of payments

add given Values in the formula:

$1,000 x [ (1 – (1+4%)^-12) / 0.04 ]= $9387.5 is the Answer

7 0
3 years ago
In a crosstabulation
alekssr [168]

Answer: D - both variables must be categorical

Explanation: Crosstabulation is a technique used in the examination of 2 categorical variables. It is also known as contingency table analysis.

Crosstabulation is an analytic and useful tool in marketing research.

It creates a good relationship between the variables with its unique naming. its variables have a low chance of standing alone.

7 0
3 years ago
On November 1 of year 0, Jaxon borrowed $38,000 from Bucksnort Savings and Loan for use in his business. In December, Jaxon paid
andreev551 [17]

Answer:

$570

Explanation:

The computation of the interest deduction is shown below:

= Interest paid × number of months ÷ (total number of months in a year)

= $3,420  × 2 months ÷ 12 months

= $570

The interest which is deducted in year 0 under the cash method of accounting is $570

And, the two months is calculated from the November 1 to December 31

We simply apply the interest paid formula.

4 0
3 years ago
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