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2 years ago

If caviar prices doubled, while sales of caviar rose 20%, this example would definitely refute the law of demand. A. TrueB.False

Business

1 answer:

CaHeK987 [17]2 years ago

3 0

Answer: False

Explanation:

The law of demand says that if the price of a commodity increases then its quantity demanded decreases and vice versa. In this question, the price is increase and the sales are also increasing, if all the other factors are constant then this is definitely refuting the law of demand but as the information about other factors is not given, we can not say that this example is definitely refuting the law of demand.

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Craftwell Inc. pays a $0.75 dividend every quarter and will maintain this policy forever. What price should you pay for one sha

Advocard [28]

Answer:

Quarterly dividend (D) = $0.75

Annual return (Ke) = 10.5% = 0.105

Quarterly return = 0.105/4 = 0.02625

Current market price = <u>Quarterly dividend</u>

Quarterly return

=<u> $0.75</u>

0.02625

= $28.57

Explanation:

Current market price is the ratio of quarterly dividend paid divided by quarterly return.

3 0

3 years ago

Rubium Micro Devices currently manufactures a subassembly for its main product. The costs per unit are as follows: Direct mater

MrRa [10]

Answer:D.None of the option is correct, the correct answer is Buy; savings=$203,000

Explanation:

The firm will Incurred the total fixed overhead it decides to make.

The total cost of making 6000 units is $163*6000=$978,000

The total cost of buying is $144*6000= $864,000 and when we deduct $89,000 to be saved from fixed overhead by buying we have a total cost of( $864,000-$89,00) =775,000.

This invariably means the company will save ($978,000-$775,000) which is equal to= $203,000 by buying.

6 0

3 years ago

J. M. Keyes put all his money in one stock, and the stock doubled in value in a matter of months. He did this three times in a r

adell [148]

Answer:

Lucky event

Explanation:

In the investments market a true measure of market efficiency is to get a track record of positive outcome from investors over time.

The lucky event problem occurs when an investor makes a profit on investment not because of how efficient a market is or by a logical procedure, but rather by chance.

In the given scenario Keyes put all his money in one stock that doubled in 3 months.

However this was not replicated among other investors who made similar vets on other stocks and lost.

This is an exams of lucky event problem in determining market efficiency.

5 0

3 years ago

The variable that is observed during an experiment is called what type of variable (1 point)

Vilka [71]

Capital markets liability called

4 0

2 years ago

Read 2 more answers

In an organization, project managers report directly to the head of a PMO. In this case, which statement is probably not true

snow_tiger [21]

Answer:

Projects will be run by the functional organization and project managers expedite change control.

Explanation:

A project management office or PMO is a department within an organisation that is tasked with maintaining the standard of project management. They also make sure there is economies of repitition in project execution (ensure success of projects is replicated).

In the given scenario if project managers report to the head of a PMO it means that the project management team is independent of the functional organisation.

So the statement - Projects will be run by the functional organization and project managers expedite change control.

Is false.

3 0

2 years ago