1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
astraxan [27]
3 years ago
10

Suppose the demand for natural gas is perfectly inelastic. What would be the​ effect, if​ any, of natural gas price​ controls? I

f demand is perfectly​ inelastic, then price controls will
a.increase the quantity demanded.
b.not change the market price.
c.shift the supply curve to the left .
d.not change the quantity demanded.
e.shift the demand curve to the right .
Business
1 answer:
nignag [31]3 years ago
6 0

Answer: Not change the quantity demanded.

Explanation: In a market demand is said to be perfectly inelastic, if the demand for commodities is not affected by price changes.

Therefore since the demand for natural gas in perfectly inelastic, the demand will not change regardless of the change in price of the gas.

You might be interested in
If you know that the value of an asset is $100 today, what concept will tell you what it will be worth in 5 years given a certai
Virty [35]

Answer:

future value

Explanation:

Future value is the value of a sum of money at some point in the future given a  certain interest rate.

Formula for future value = present value x ( 1 + r )^n

Assuming i = 10

the future value of $100 in 5 years = 100 x ( 1.1)^5 = $161.05

6 0
2 years ago
Digital Fruit is financed solely by common stock and has outstanding 37 million shares with a market price of $10 a share. It no
valentinak56 [21]

Answer:

Market price is unaffected by announcement

Explanation:

This question says that the company has announced intentions to issue $289 million of debt with intentions of buying common stock with proceeds

Price per share has been given as $10. The market price of the stock would not get affected by this announcement.

I have gone ahead to help you calculate the buyback, market value and debt ratio.

Buyback= $280/10 = 28 million shares

Market value = (37-28)*10 + 280 = 370 million

Debt ratio = 280/370 = 76%

3 0
3 years ago
Ratchet Manufacturing anticipates total sales for August, September, and October of $220,000, $230,000, and $240,500 respectivel
Zinaida [17]

Answer:

The Accounts Receivables will be reported as $154000 in August's budgeted balance sheet.

Explanation:

The credit sales for August can be calculated by separating the total sales into cash and credit sales.

The cash sales are 30% or total sales which means the remaining 70% belongs ot the credit sales.

The credit sales for August will be = 220000 * 0.7 = 154000

As the question suggests, all credit sales that is $154000 for August will remain as accounts receivables in the month of August and will be collected in September. Thus, in budgeted balance sheet for August, the Accounts receivables will be reported as $154000

3 0
3 years ago
1. In the Black-Scholes option pricing model, N(d1) is the probability that a standard normal random variable takes on a value e
grin007 [14]
1. Is False 2. Is True
7 0
3 years ago
Consider the following statement based on a positive economic analysis that assumes that all other things remain​ constant: Fall
Marysya12 [62]

Answer:

<h2>The answer would be option be option B. or An increase in hotel taxes at popular resorts.</h2>

Explanation:

  • If everything else remains constant,a fall or decrease in oil prices will be a good news for most of the households and they will set out for vacation travel.
  • Now,if suddenly the tax rates charged by popular hotels or resorts increase simultaneously or following the decrease in oil prices,it will increase the aggregate hotel or resort charges for the families and households or even for any individual traveler.
  • Hence,an increase in hotel or resort taxes would discourage the individuals and households to undertake any current or future travel plans and therefore,offset the initial vacation plans that primarily resulted from cheaper gasoline or oil prices.
8 0
3 years ago
Other questions:
  • Selling goods in a foreign country includes non legal considerations for:
    8·2 answers
  • Larry owns a successful business called Super Car-Hire. He plans to sell it to Bob. Bob assumes that he can keep up the high rev
    8·1 answer
  • How will the consultant's advice help make a change in the environment in the scenario below: A farmer has practiced burning fie
    6·1 answer
  • When faced with a conflict, police officers should?
    12·2 answers
  • What is the formula for measuring price elasticity of demand? percentage change in price / percentage change in quantity demande
    13·1 answer
  • Lumeris Inc., an automobile manufacturer, has an inflexible work schedule and requires its workers to work nine hours a day and
    13·1 answer
  • A trader sold short a cotton futures contract @ 76.12 cents per pound. The contract size is 50,000 pounds. How much does the tra
    8·1 answer
  • No arbitrage is equivalent to the idea that all risk-free investments should offer investors:
    10·1 answer
  • Leroux health insurance is considering changing the options in one of their health care plans (plan a) based on customer feedbac
    12·1 answer
  • Which consideration must a society address when deciding for whom to produce a potentially scarce or limited resource?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!