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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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What type of PMO do you think would be the best type to start with if your organization does not have a PMO

klemol [59]

Answer: Controlling PMO

Explanation:

Controlling PMO works as an auditor for the company, tis check the organization tools, processes and ensures if standard are applied in projects. They are known by their level at which they control projects, they manage the project activities and budget. Actions are taken into place when measures are not met in the processes, tools and standard.

6 0

3 years ago

Santa Corporation issued a bond on January 1 of this year with a face value of $1,000. The bond's coupon rate is 6 percent and i

Marianna [84]

Answer:

Santa Corporation

a. The bond's issue price = $901 (PV of all cash inflows).

b. The bond sold at a DISCOUNT. The discount was $99 (equal to total amortization).

c. Bonds payable at the end of:

Year 1 = $931

Year 2 = $964

Explanation:

a) Data and Calculations:

Face value of bond = $1,000

Coupon rate = 6%

Interest payment = Annually on December 31

Bond's maturity period = 3 years

Annual market rate of interest = 10%

N (# of periods) 3

I/Y (Interest per year) 10

PMT (Periodic Payment) 60

FV (Future Value) 1000

Results

PV = $900.53 = $901

Sum of all periodic payments $180.00

Total Interest $279.47

Schedule

Date Cash Paid Interest Expense Amortization Balance

January 1, Year 1 $901

December 31, Year 1 $60 $90 $30 931

December 31, Year 2 60 93 33 964

December 31, Year 3 60 96 36 1,000

5 0

3 years ago

A manufacturer of washing machines has expanded its plant and created excess capacity, just as the general economy takes a downt

AURORKA [14]

If the entire economy should take a downturn, the effect on the manufacturer would be to : offer rebates and incentives for customers who purchase washing machines.

<h3>What is meant by an economic downturn?</h3>

This is the term that is used to refer to the economic downturn that is experienced in a particular economy for a given period of time. This period would usually bring about the failure of the market with the producers and sellers making little gains in the market.

Hence we cam say that If the entire economy should take a downturn, the effect on the manufacturer would be to : offer rebates and incentives for customers who purchase washing machines.

Read more on economic downturn here: brainly.com/question/7201254

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8 0

1 year ago

PQR Corporation has a Beta of 1.5. The risk-free rate is 6%, and the market risk premium is 9%. What is the required rate of ret

shusha [124]

Answer:

1. Using CAPM, the required return is;

Required return = risk free rate + beta * market risk premium

= 6% + 1.5 * 9%

= 19.5%

2. First find the portfolio beta which is a weighted average of the individual betas;

= (60% * 2.4) + (40% * 0.9)

= 1.8

Now use CAPM

= risk free rate + beta * (Market return - risk free rate)

= 4% + 1.8 * (13% - 4%)

= 20.2%

3.Geometric average can be calculated by;

=( ((1 + r1) * (1 + r2) * (1 + r3)) ^1/n) - 1

= (((1 + 6%) * (1 + 10%) * (1 - 6%)) ^ 1/3) - 1

= ‭(1.09604‬^1/3) - 1

= 3.1%

6 0

3 years ago

A company contributes money towards a profit-sharing fund for its employees. Every 2 years, employees are free to withdraw money

Georgia [21]

A company contributes money towards a profit-sharing fund for its employees. Every 2 years, employees are free to withdraw money from their account without penalty. This benefit indicates Fixed Interval Reinforcement schedule.

A response is rewarded based on whether it was carried out within a set amount of time under a partial reinforcement schedule known as fixed interval reinforcement. It's crucial to remember that only the first reaction is acknowledged and rewarded.

The individual can engage in a behavior as many as they like, but they will only get rewarded once for it.

The reaction isn't reinforced every time it is executed, as I indicated fixed interval reinforcement is a partial reinforcement schedule. You would put your child on a continuous reinforcement schedule if you wanted to reward them each time, they made their bed.

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6 0

1 year ago