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3 years ago

Which of the following will NOT cause a shift in the demand curve for good X?

Business

1 answer:

sammy [17]3 years ago

4 0

Answer:

A. A change in the price of good X.

Explanation:

A demand curve plots price against quantity demanded. A change in price causes a movement along the demand curve according to the law of demand which says an increase in price leads to a reduction in quantity demanded and a fall in price leads to a rise in quantity demanded.

If the price of a complementary good increases, the demand for good x would fall and the demand curve would shift leftwards.

If income increases, and good x is a normal good, the demand curve would shift to the right.

If a change in taste and preference is in favour for good x, more of good x would be demanded and the demand curve would shift to the right.

I hope my answer helps.

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Which one of the following is a means by which shareholders can replace company management? Multiple Choice Stock options Promot

Katena32 [7]

Answer:

Proxy Fight

Explanation:

Proxy fight refers to that scenario wherein a group of shareholders coming together so as to gain more shareholder proxies and thus gain majority of the votes.

In such cases, outsiders convince the existing shareholders of a corporation to vote against the management and thus collectively lead to it's replacement.

This represents one of the common means of corporate takeover.

Disgruntled shareholders may unite against a management decision or any sort of oppressive policies by such means, usurp the existing management and appoint their own preferred candidates as their replacement.

5 0

3 years ago

Hodgkiss corporation is evaluating an extra dividend versus a share repurchase. in either case, $25,960 would be spent. current

Artyom0805 [142]

If Hodgkiss corporation plans to declare extra dividend out of $25,960 then a dividend of $5.90 shall be declared and EPS shall remain $2.80 since number of shares outstanding continues to be 4400. and PE ratio would be 95 divided by $2.80 i.e.33.93. In case of repurchase, at a share price of $95, with $ 25960 company can repurchase 273 shares, resulting in 4127 number of outstanding shares in the market. Company's earning is $2.8*4400= $12320. With number of shares outstanding at 4127, new eps would be $12320 divided by 4127 i.e. $2.98. New PE ratio would be $95/$2.98 i.e. 31.88

8 0

3 years ago

Exchange rates Personal Finance Problem Fred Nappa is planning to take a wine-tasting tour through Italy this summer. The tour w

leonid [27]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

4 0

3 years ago

"Fresh Veggies, Inc. (FVI), purchases land and a warehouse for $460,000. In addition to the purchase price, FVI makes the follow

Artyom0805 [142]

Answer:

Cost of land = $519,000

Explanation:

According to International Accounting Standards (IAS) 16, property plants and equipments, the cost of land includes all of the cost necessary to bring and make it ready for the intended use.

These costs include purchase cost, fees and commission associated with the purchase transaction.

Further more, included in the historical cost are the net demolition cost of old structure to prepare the land for use. Net cost here means cost of demolition less any incidental proceed from the old structure.

Note that all the costs incurred by FVI as reported all fall into the above definition of cost of land.

Therefore the cost of the land would be

=460,000 + 26,000 + 1,600+ 5,400 + 26,000

= $519,000

5 0

3 years ago

Varcoe Corporation bases its budgets on the activity measure customers served. During September, the company planned to serve 35

svet-max [94.6K]

Answer:

consumers served budget 35,000

consumers served actual 30,000

budgeted revenue per consumer served = $3.90

wages = $35,100 fixed + $1.30 per consumer served

supplies = $0.60 per consumer served

insurance = $9,300

miscellaneous expenses = $7,400 + $0.30 per consumer served

Activity variances:

Actual Budgeted Variance

Revenue $117,000 $136,500 $19,500 UF

Wages $74,100 $80,600 $6,500 F

Supplies $18,000 $21,000 $3.000 F

Insurance $9,300 $9,300 no variation

Miscellaneous $16,400 $17,900 $1,500 F

total expense $117,800 $128,800 $11,000 F

Net income ($800) $7,700 $8,500 UF

7 0

3 years ago