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4 years ago

Write a generalization about the relationship between price and the quantity supplied

Business

1 answer:

SVETLANKA909090 [29]4 years ago

6 0

Answer:

see below

Explanation:

Supply is the term used by economists to describe the quantity that supplies are willing to sell to buyers at a given price or different prices. As per the law of supply, the higher the price, the more quantities firms will be willing to supply.

The supply curve is a graphical illustration of the relationship between the price of a commodity, and the quantities firms are willing to supply at different prices. The supply curve is upward sloping. The X-axis of the graph indicates the quantities at different prices. This relationship can also be expressed in a tabular format known as the supply schedule.

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You are considering investing $1,000 in a T-bill that pays 0.05 and a risky portfolio, P, constructed with 2 risky securities, X

Leokris [45]

Answer:

% in T bills = 18.92%, % in P = 81.08%

Explanation:

Portfolio return = Weighted average return

Return of portfolio P = 0.14*0.6 + 0.10*0.4

Return of portfolio P = 0.124

Let % money in T bills be x

0.11 = 0.05*x + 0.124*(1-x)

0.11 = 0.05x + 0.124 - 0.124x

0.014 = 0.074x

x = 18.92%

Hence, % in T bills = 18.92%, % in P = 81.08%

3 0

3 years ago

If the Sampson Company, a supplier of wood, understands the needs and requirements for wood for a few firms within a NAICS class

Helen [10]

Answer:

The answer is "Option c".

Explanation:

The customer service must matter arising' needs to fulfill everyone. The Sampson Company, a timber manufacturer, understands the wood specifications or conditions for several firms within the NAICS category. Within this case, the Dunn Company will develop the timber specifications or criteria of all firms underclass.

5 0

3 years ago

10 percent decrease in consumer incomes leads to a 20 percent decrease in the quantity demanded of good D. Instructions: Round y

Katyanochek1 [597]

Answer:

Income elasticity = 2

Normal good

Explanation:

Below is the given values:

Percentage decrease in consumers income = 10%

Percentage decrease in quantity demanded = 20%

Use the below formula to find the income elasticity:

Income elasticity = % change in quantity demanded / % in income

Income elasticity = -20/-10

Income elasticity = 2

Since the elasticity is 2 that means good is normal good.

4 0

3 years ago

Two mutually exclusive projects have 3-year lives and a required rate of return of 10.5 percent. Project A costs $75,000 and has

Norma-Jean [14]

Answer:

Both projects should be rejected

Explanation:

The internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested.

IRR can be calculated using a financial calculator:

For project A,

Cash flow in year zero = $75,000

Cash flow in year one = $18,500

Cash flow in year two = $42,900

Cash flow in year three = $28,600

IRR = 9.12%

For project B,

Cash flow in year zero = $-72,000

Cash flow in year one = $22,000

Cash flow in year two = $38,000

Cash flow in year three = $26,500

IRR = 9.48%

The decision rule on if to invest or not is if IRR > r

For both investments IRR is less than rate of return

9.12% < 10.50%

9.48% < 10.50%

To find the IRR using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button, and the compute button.

I hope my answer helps you

8 0

4 years ago

1. Contrafic Corporation used the following data to evaluate its current operating system. The company sells items for $21 each

olga_2 [115]

Answer:

$470,000 F

Explanation:

The computation of the static budget variance of operating income is shown below:

Particulars Actual results Static budget Static budget variance Units sold 180,000 units 185,000 units

Revenues $3,780,000 $4,440,000 $660,000 U

Variable costs $1,080,000 $1,295,000 $215,000 F

Contribution margin $2,700,000 $3,145,000 $445,000 F

Fixed costs $800,000 $775,000 $25,000 U

Operating income $1,900,000 $2,370,000 $470,000 F

Note:

Multiply the selling per unit with unit sold to get the revenue amount

6 0

3 years ago