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aleksklad [387]
3 years ago
14

Consider the market for gasoline. Suppose that a new oil-pump technology is developed, making gasoline production less costly. A

t the same time, war breaks out and several oil fields are destroyed. What will be the effect on supply
Business
1 answer:
beks73 [17]3 years ago
8 0

Answer:Decrease in supply.

Explanation: Supply is the amount of goods and services which an individual is willing and ready to purchase at a given price. The invention of a new technology which makes gasoline production less costly will lead to a decrease in price. Producers reduces supply when there's a decrease in price and increase supply when there's an increase in price. Also, the destruction of several oil fields means that there would be a reduction in the supply of oil in the economy. Since oil fields have been destroyed, it will have a negative effect on supply.

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In 1895, the winner of a competition was paid $150. In 2006, the winner's prize was $70,000. What will the winner's prize be in
Jobisdone [24]

Answer:

the price will grow to $ 507,571.77 If it continues with the same grow rate

Explanation:

first we solve for the rate:

2006 - 1895 = 111 years

Nominal (1+r)^{n} = FV\\150 (1+r)^{111} = 70,000\\\\r = \sqrt[111]{70,000 / 150 } -1

r =  0.06  

Now we apply this rate for the year 2040:

2040 - 2006 = 34 years

Principal \: (1+ r)^{time} = Amount

Principal 70,000.00

time 34.00

rate 0.06000

70000 \: (1+ 0.06)^{34} = Amount

Amount 507,571.77

6 0
3 years ago
Jiyaing is an hr manager at a research firm in china, and her company has decided to open a branch in the united states. jiyaing
grandymaker [24]
The type of cultural intelligent Jiyaing needs is "low-context culture".


There are two terms which are used, high-context culture and low-context culture, both are opposite to each other.In low-context culture, individuals utilize communication principally to trade realities and data; meaning is resulted basically from words; business exchanges are more critical than building connections and trust; and individual welfare and accomplishment are more imperative than the gathering.
4 0
3 years ago
Universal Sports Supply began the year with an accounts receivable balance of $200,000 and a year-end balance of $220,000. Credi
Dovator [93]

Answer:

3.6

Explanation:

The receivables turnover for the year is calculated as;

= Net sales(credit sales) ÷ Average accounts receivables

Average account receivables

= ($200,000 + $220,000) ÷ 2

= $210,000

Therefore, Receivables turnover

= $750,000 ÷ $210,000

= 3.6

6 0
3 years ago
The Delta Co. owns retail stores that market home building supplies.​ Largo, Inc. builds single family homes in residential deve
cupoosta [38]

Answer:

12.71%

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

= 4% + 1.34 × 6.5%

= 4% + 8.71%

= 12.71%

The (Market rate of return - Risk-free rate of return)  is also called market risk premium and the same is used in the computation part. We ignored the bets of Delta

4 0
3 years ago
On January 2013, Pennington Bancorp acquired $100,000 of marketable securities and classified them as Available for Sale. On Mar
saveliy_v [14]

Answer:

b. Net Income

e. Cash from Investing Activities

Explanation:

Calculation to determine Which of the following items would be increased by the sale of the marketable securities

Using this formula

Gain from investment = Selling price of the security - Value of the security

Let plug in the formula

Gain from investment= $93,000 - $85,000

Gain from investment= $8,000

Based on the above calculation The sell of marketable security will INCREASE CASH which means that CASH FROM INVESTING ACTIVITIES will increase and NET INCOME will increase.

Therefore the items that would be increased by the sale of the marketable securities are :

b. Net Income

e. Cash from Investing Activities

4 0
3 years ago
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