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Kamila [148]
3 years ago
15

An increase in the price of inputs will cause the equilibrium price to ______ and the equilibrium quantity to ______.a. increase

; increaseb. increase; decreasec. decrease; decreased. decrease; increase
Business
1 answer:
melomori [17]3 years ago
7 0

Answer:

b. increase; decrease

Explanation:

As the input prices increase, the firms average cost will increase as well, this will make the equilibrium point move as the supply curve will shift  to the left.

This movement will met the demand curve at a higher price and therefore, a lower quantity as the consumer demands decreases when the price of a certain good increase and move a portion of his consumption to other goods whch now has a lower opportunity cost.

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Fashion house uses the retail method to estimate ending inventory in his monthly financial statements the following information
IgorC [24]
If we used the retail method to estimate the ending inventory first we get the given of the problem that can be used in solving.
 Given
  Sales - 200,000
  Goods available for sale - 261,000 (cost) & 450,000 (retail) 

First, we need to get the cost of retail ratio. the formula is 
 Cost to Retail ratio= Cost/ Retail
           261,000
CRR= -------------   =   0.58
           450,000

Next is to get the ending inventory by following this steps
                                                              Cost             Retail
Cost of Goods Available for Sale    $261,000        $450,000
- Sales                                                                        $200,000
                                                                                  ------------------
Ending Inventory                                                        $250,000
x Cost to Retail Ratio                                                           .58
                                                                                  ------------------
Ending Inventory                                                       $145,000

So, the estimated ending inventory for the month of July is $145,000. 
4 0
3 years ago
In a deposits-only monetary system (people hold no currency) with a 5% required reserve ratio, a bank deposit of $1,000 will inc
liraira [26]
The reserve ratio is the portion of the money of the depositor that should be available in cash in the bank. This amount should only be in the bank and not used for all other purposes. Hence, the balance money can be used for the bank operations, increasing the supply. 

In this item, we are given that the reserve ratio is only 5%. This means that, 95% of the money can be used by the bank for its operation. This amount can be calculated by multiplying the amount deposited by the decimal equivalent of 95%. That is,
          = ($1000)(0.95)
          = $950

Therefore, the money supply will increase by $950. 
5 0
3 years ago
The Coffee Collective is seeking to identify customers who want a unique coffee drinking experience and are open to a loyalty re
hammer [34]

Answer:

market segment

Explanation:

We know that a market segment is a group of people who share one or more common characteristics, lumped together for marketing purposes.

In this example, The Coffee Collective is seeking to discover target customers who share particular coffee drinking habits and who are open to loyalty reward programs. Thus, they aim to find potential customers who share common characteristics.

7 0
3 years ago
An employer interviews 150 qualified applicants, 100 white and 50 hispanic. if 25 whites are hired, what is the least number of
Tpy6a [65]
The answer is 10 Hispanics. :)
8 0
3 years ago
The staff training center at a large regional hospital provides training sessions in CPR to all employees. Assume that the capac
lys-0071 [83]

Answer:

Efficiency of the system = Actual output/ Effective capacity*100

Efficiency of the system = 850/950*100

Efficiency of the system = 0.894737*100

Efficiency of the system = 89.47%

Utilization of the system = Actual output/Design capacity*100

Utilization of the system = 850/1200*100

Utilization of the system = 0.708333*100

Utilization of the system = 70.83%

6 0
2 years ago
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