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3 years ago

When the cross price elasticity between good X and other related goods is positive and very low firm X can be assumed to have?

Business

1 answer:

geniusboy [140]3 years ago

3 0

Answer:

c. a significant amount of market power

Explanation:

Cross price elasticity measures the responsiveness of quantity demanded of a good to the changes in price of another good.

If the cross price elascitiy is postive, the goods are subsituites.

If the cross price elasticity is negative, the goods are complementary goods.

If the cross price elasticitiy is low the firm has market power. It means that it's consumers do not change the quantity demanded when the price of the good changes

If the cross price elasticitiy is high, the market has low market power.

I hope my answer helps you.

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Cute Camel Woodcraft Company just reported earnings after tax (also called net income) of $9,750,000 and a current stock price o

Assoli18 [71]

Answer:

Explanation:

earning per share = Net income / outstanding shares

= $9,750,000 / 5,500,000 = $1.77

price earning ratio = Current stock price \ earning per share

= $39.50 \ $1.77 = 22.32

new Earning per share = Net income / outstanding shares

= $9,750,000 * 125% / 8,400,000 = $1.45

the stock price after one year would be

= Price earning ratio * New earning per share = 22.32 * $1.45 = $32.36

Market to book ratio = Market value/ book value

Market value = Share price * number of outstanding shares

= $47.12 * 8,400,000 shares = $395,808,000

book value is $54,364,800

M/B = $395,808,000 / $54,364,800 = 7.28 times

Is it possible for a company to exhibit a negative EPS and thus a negative P/E ratio?

Yes, if company is having losses

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3 years ago

True or False: A tax cut is less likely to change the composition of labor demand than a government spending increase.

MA_775_DIABLO [31]

Answer:

True

Explanation:

This is the case because tax cuts and government spending are instruments that could be used in expansionary fiscal policy.

Note that reduced taxes usually have a direct impact on the disposable income of a economy not the composition of labor demand. Tax cuts leads directly to consumption and savings increase, resulting from increase in disposable income in the economy.

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3 years ago

A job was timed for 60 cycles and had an average of 1.2 minutes per piece. The performance rating was 95 percent, and workday al

Igoryamba

Answer and Explanation:

The computation is given below:

a) Observation time is

= Average time

= 1.2 minutes

b) Normal time is

= Observation time × performance rating

= 1.2 minutes × 0.95

= 1.14 minutes

c. The standard time is

= Normal time × allowance factor

= 1.14 × 1.11

= 1.265 minutes.

The allowance factor is

= 1 ÷ (1 - Allowances)

= 1 ÷ (1 - 0.1)

= 1.11

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3 years ago

In general, how many human resource employees would be on staff for a firm with 500 total employees?

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For every 100 company employees, there is typically one HR employee. Therefore, to cover all of the firm's HR concerns, a company with 500 company employees would need 5 HR professionals.

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<h3>What exactly is an HR professional?</h3>

An HR professional is a person employed to advance both the company and its personnel. The ideal HR professional will create, update develop, and manages corporate policies to ensure the benefits of his business and its employees while adhering to international labor standards and best practices.

Learn more about HR professional: brainly.com/question/28080701

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1 year ago

Jim is in the market for a car that will last for the next 10 years and has saved up some money for the purpose of a car. What’s

Effectus [21]

I am going to say (C) That seems like the most obvious answer to me.

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3 years ago

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