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Vinil7 [7]
3 years ago
14

Read the following scenario and select the appropriate shifter of demand (what is going to shift the curve) It becomes known tha

t an electronics store is going to have a sale on their computer games three months from now. (Analyze computer games)
Business
1 answer:
Natalija [7]3 years ago
5 0

In this case, the shifter of demand is future expectations. Since consumer now know that in the future the game will be cheaper, they shift their demand for the product into the future.

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Suppose, you own a screen-printing business and you enter into a contract with a local school to print 50 orange t-shirts with t
LUCKY_DIMON [66]

Answer: $500

Explanation:

Based on the scenario in the question, there's a breach of contract as the shirts aren't delivered and there are 50 t-shirts which cost $10 each that no one law is willing to buy because it has a school name and their mascot on the front.

Here, the maker of the shirt can sue for damages and since there's no resale, the amount to be sued for damages will be the price of each shirt multiplied by the total number of shirt. This will be:

= $10 × 50

= $500

6 0
2 years ago
Everything else held constant, an increase in the excess reserves ratio causes the m1 money multiplier to ________ and the money
Cloud [144]

The M1 money multiplier decreases and the money supply decreases when the required reserve ratio on checkable deposits rises, all else being equal.

<h3>What is the reserve ratio?</h3>

The percentage of deposits that commercial banks must retain in cash under the guidance of the central bank is known as the cash reserve ratio.

<h3>How is reserve ratio determined?</h3>
  • The country's central bank, in the instance of the United States, the Federal Reserve, determines the reserve ratio requirement.
  • The calculation for a bank can be obtained by dividing the bank deposits by the cash reserve held with the central bank, and it is expressed as a percentage.
<h3>What is an example of the reserve ratio?</h3>

The required reserve ratio is directly correlated to how much a bank expands the money supply. For instance, if a bank has deposits totaling $1,000,000 and a reserve ratio of 10%, it can lend out $900,000.

learn more about reserve ratio here

<u>brainly.com/question/13758092</u>

#SPJ4

4 0
2 years ago
Agan Interior Design provides home and office decorating assistance to its customers. In normal operation, an average of 2.5 cus
Phantasy [73]

Answer:

A) Single-server single-phase model (M/M/1).

\lambda=2.5 \,customers/hour\\\\\mu=6\,customers/hour

B) The goal is not met, as the average time waiting for service is 5.56 minutes.

C) The new mean service rate is 7.5 customers/hour.

In this case, the average time waiting for service is 4 minutes, so the goal is met.

Explanation:

A) This situation can be modeled as a single-server single-phase model (M/M/1).

The mean arrival rate is 2.5 customers per hour.

\lambda=2.5 \,customer/h

The mean service rate is 6 customers per hour, calculated as:

\mu=\frac{60\, min/h}{10 \,min/customer}=6\, customer/h

B) The average waiting time for a customer can be expressed as:

W_q=\frac{\lambda}{\mu}\frac{1}{\mu-\lambda}  =\frac{2.5}{6}\frac{1}{6-2.5} =0.417*0.222=0.093\,hours\\\\W_q=0.093\,hours*(60min/h)=5.56 \,min

The average waiting time is 5.56 minutes, so it is more than the goal of 5 minutes.

C) If the average time spent per customer to 8 minutes, the mean service rate becomes

\mu=\frac{60\, min/h}{8 \,min/customer}=7.5\, customer/h

An the average waiting time for the service now becomes:

W_q=\frac{\lambda}{\mu}\frac{1}{\mu-\lambda}  =\frac{2.5}{7.5}\frac{1}{7.5-2.5} =0.333*0.2=0.067\,hours\\\\W_q=0.067\,hours*(60min/h)=4 \,min

The average time is now 4 minutes, so the goal is achieved.

6 0
3 years ago
Complete Part 1 of the assignment by giving three examples of your workplace strengths and explaining each with one or two parag
lawyer [7]

Answer:

Some examples of strengths you might mention include:

Enthusiasm.

Trustworthiness.

Creativity.

Discipline.

Patience.

Respectfulness.

Determination.

Dedication.

Explanation:

8 0
3 years ago
Moose Industries faces the following tax schedule: Taxable Income Tax on Base of Bracket Percentage on Excess above Base Up to $
Ymorist [56]

Answer: $5,610,000

Explanation:

Earnings before Interest and tax = $10,000,000

Earnings before tax (EBT) = EBIT - Interest

= 10,000,000 - 1,500,000

= $8,500,000

EBT is in the $335,000-$10,000,000 range.

Tax is therefore = Tax on base of bracket + Percentage on Excess above Base (EBT - Base of bracket)

= 113,900 + 34%( 8,500,000 - 335,000)

= $2,890,000

Net Income = EBT - Tax

= 8,500,000 - 2,890,000

= $5,610,000

7 0
3 years ago
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