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musickatia [10]

3 years ago

8

you have a business that is dependent on gas. the price of oil increases significantly. as a result, you will... the price of yo

ur product

1 answer:

Semenov [28]3 years ago

5 0

Increase the price to make more money to be able to afford oil.

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The price of good B has a pattern such that P = $20 on Monday through Thursday of every week, and P = $25 on Fridays. If specula

Andru [333]

Answer:

The correct answer is D. increase; decrease.

Explanation:

Speculation consists of the purchase (or sale) of goods with a view to their subsequent resale (repurchase), when the reason for such action is the expectation of a change in the prices affected with respect to the dominant price and not the gain derived from its use, or of some kind of transformation carried out on these or of the transfer between different markets.

A speculative operation seeks not to enjoy the good or service involved, but to obtain a benefit from the price fluctuation based on the theory of arbitration. In an extensive sense, every form of investment that a medium entails is speculative; However, the term is usually applied to that investment that does not entail any kind of commitment to the management of the assets in which it is invested, and is limited to the movement of capital (financial market), usually in the short or medium term.

The speculation is based on the forecast and the perception, so that the speculator can also be wrong if he does not correctly anticipate the evolution of future prices, so he will have to sell cheap something he bought expensive. The speculative market therefore rewards those who know how to predict.

3 0

3 years ago

Use the above graph to answer the following question. Which situation could cause the market for mystery books to shift from lin

Rom4ik [11]

A increase in the price of books

5 0

2 years ago

Peter Billington Stereo, Inc. Supplies car radios to auto manufacturers and is going to open a new plant. The company is undecid

nevsk [136]

Answer:

Peter Billington Stereo, Inc.

A. Based on the analysis of the volume after rounding the numbers to the nearest number, Dallas is best below and Detroit is best above 70,000 radios.

B. With Dallas's fixed costs increased by 10%, Dallas is best below and Detroit is best above 56,000 radios.

Explanation:

Identify total costs at various volumes as follows:

Total costs, TC = Variable Cost, VC + Fixed Cost, FC

At 14,000 units:

a) Dallas' TC = VC = $28 x 14,000 + $560,000 = $952,000

b) Dallas' TC with 10% increase in FC = $28 x 14,000 + $616,000 = $1,008,000

c) Detroit's TC = $24 x 14,000 + $840,000 = $1,176,000

At 56,000 units:

a) Dallas' TC = $28 x 56,000 + $560,000 = $2,128,000

b) Dallas' TC with 10% increase in FC = $28 x 56,000 + $616,000 = $2,184,000

c) Detroit's TC = $24 x 56,000 + $840,000 = $2,184,000

At 67,200 units:

a) Dallas' TC = $28 x 67,200 + $560,000 = $2,441,600

b) Dallas' TC with 10% increase in FC = $28 x 67,200 + $616,000 = $2,497,600

c) Detroit's TC = $24 x 67,200 + $840,000 = $2,452,800

At 70,000 units:

a) Dallas' TC = $28 x 70,000 + $560,000 = $2,520,000

b) Dallas' TC with 10% increase in FC = $28 x 70,000 + $616,000 = $2,576,000

c) Detroit's TC = $24 x 70,000 + $840,000 = $2,520,000

At 153,993 units:

a)Dallas' TC = $28 x 153,993 + $560,000 = $4,871,804

b) Dallas' TC with 10% increase in FC = $28 x 153,933 + $616,000 = $4,927,804

c) Detroit's TC = $24 x 53,993 + $840,000 = $4,535,832

5 0

3 years ago

Describe the two primary functions of financial accounting

andreev551 [17]

Answer: Measurement and presentation of financial performance

Explanation: The two primary functions of financial accounting are measurement and presentation of financial performance.

The measurement function is performed by following accounting procedures and policies under US GAAP and IFRS.

Whereas, presentation function relates to preparation of financial statements like income statement and cash flow statement.

6 0

3 years ago

The opportunity cost of obtaining more of one good is shown on the production possibilities frontier as the

Gekata [30.6K]

Answer:

a. amount of the other good that must be given up.

Explanation:

The mix of two goods or services can be accomplished in the frontier of production possibilities when all available resources and technologies are fully efficient and used. This indicates a mix of the two resources to a maximum.

As we know that, the opportunity cost refers to the cost in which the best alternative is chosen among the available ones which can generate a better return so the one goods are considered while another cost is given up.

5 0

3 years ago