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never [62]
4 years ago
11

What happens to the equilibrium price when supply goes down? A. The price goes up. B. The price goes down. C. The price stays th

e same. D. The price goes up, and then goes down.
Business
1 answer:
Nady [450]4 years ago
4 0
When supply goes down, the equilibrium price goes up. This is because if there is a smaller supply the good becomes more valuable to people who want the good.
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If the mean time between in-flight aircraft engine shutdowns is 12,500 operating hours, the 90th percentile of waiting times to
Elis [28]
To determine the 90th percentile of waiting times to the next shutdown, we use the formula 
(10)* E[X] = 2.30258509*E[X] 2.30258*12500 =  28782.31 HOURSTherefore, the 90th percentile of waiting times to the next shutdown will be approximately 28782 hours
8 0
3 years ago
Josh's weekly budget for lunch is $24. He eats only pizza and burgers. Each pizza costs $6 and each burger costs $3. Josh knows
egoroff_w [7]

Answer:

The answer is: Josh's utility maximizing point is when he buys 2 pizzas and 4 burgers.

Explanation:

If Josh gets equal marginal utility per dollar spent when buying one pizza and 2 burgers, that means that every pizza and every burger give Josh 10.67 utility unit per dollar spent. So Josh can obtain maximum 16 units of utility with his budget and his purchasing options (= $24 x 0.67 units of utility per dollar). The way he can maximize his utility is by buying two packs of one pizza and two burgers per pack, since every pack will give him 8 units of utility.

8 0
4 years ago
Harmonization of accounting standards:_______. A. Is the same as convergence of accounting standards.B. Always ensure resulting
astraxan [27]

Answer:

A. Is the same as convergence of accounting standards

Explanation:

Harmonization of accounting standards mean the process of increasing the compatibility of accounting practices by setting bounds for the degree of variations.

The notion of harmonization can be replaced by the concept of convergence.

Harmonization of international accounting standards is an imposition of standards by economically superior countries.

4 0
3 years ago
An individual taxpayer is selling her principal residence, which she has owned for ten years and lived in for nine years. What s
avanturin [10]

Answer:

Section 121 exclusion

Explanation:

In simple words, IRC section 121 requires a person to deduct up to $250,000 ($500,000 for dual filers) of profit from the selling (or exchange) of land that was purchased and utilized as a primary home for at minimum two of that five years preceding the sale. Thus, from the above explanation we can conclude that the correct answer is section 121 exclusion.

7 0
3 years ago
At December 31, 2019, Bramble Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 108,506
ale4655 [162]

Answer:

The earnings per share for Bramble in 2020 is $2.99

Explanation:

This was arrived at by preparing income statement for 2020,where in the results from continued operations and discontinued were shown.

The income from continued operations attracted tax at 35% while the losses from the discontinued operations got a tax benefit at the same 35% tax rate.

Note that the earnings used in calculating earnings per share is net of preferred dividends as only earnings  attributable to ordinary shareholders are considered.

Find attached spreadsheet for the full blown income statement and the calculation of earnings per share.

Download xlsx
5 0
3 years ago
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