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3 years ago

(Economics)How is the equilibrium price found using a supply and demand graph

1 answer:

7 0

On a graph, the point where the supply curve (S) and the demand curve (D) intersect is the equilibrium. ... At any other price, the quantity demanded does not equal the quantity supplied, so the market is not in equilibrium at that price.

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A certain project has three activities on its critical path. Activity A’s normal completion time is five days. It can be crashed

Snowcat [4.5K]

Answer:

Acitivy B should be crashed first by 2 days and Activity B has a crash cost per days of $25, it will be crashed for a total of $50.

Explanation:

activity A =

normal time (NT) = 5 days

Normal cost (NC) = $0

crash time (CT) = 3 days

Crash cost (CC) = $500

crash cost per day = [CC - NC]/[CT - NT] = $250/day

activity B:

normal time (NT) = 6 days

Normal cost (NC) = $0

crash time (CT) = 4 days

Crash cost (CC) = $50

crash cost per day = [CC - NC]/[CT - NT] = $25/day

activity C:

normal time (NT) = 8 days

Normal cost (NC) = $0

crash time (CT) = 3 days

Crash cost (CC) = $1000

crash cost per day = [CC - NC]/[ CT- NT] = $200/day

The activity that takes the least cost to speed up is the first one to be crashed. from the computations, activity B takes the least cost to speed up, so the project manager should crash activity B first by 2 days.

Therefore, Acitivy B should be crashed first by 2 days and Activity B has a crash cost per days of $25, it will be crashed for a total of $50.

6 0

3 years ago

Wallen Corporation is considering eliminating a department that has an annual contribution margin of $80,000 and $160,000 in ann

krok68 [10]

Answer:

$10,000

Explanation:

We need to find the segment margin of the deparment, which is equal to annual contribution margin minus avoidable fixed costs:

Wallen Corporation

Annual contribution margin $80,000

Annual fixed costs $160,000

Unavoidable fixed costs $90,000

Avoidable fixed costs $70,000

Segment Margin = Annual contribution margin - avoidable fixed costs

= $80,000 - $70,000

= $10,000

Therefore, if the company eliminated this department, it would have a financial advantage of $10,000, equivalent to the deparment's current segment margin.

5 0

3 years ago

Lester's is a globally diverse company with multiple divisions and a cost of capital of 15.8 percent. Med, Inc., is a specialty

eimsori [14]

Answer:

both companies should invest because the NPV of both companies are positive

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator

Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.

When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable.

Cash flow in year 0 = - $8.4 million

Cash flow in year 1-7 = $2.2 million

NPV of Lester with I of 15.8% = 0.54 million

NPV of Med Inc with I of 13.7% = 1.12 million

To find the NPV using a financial calculator:

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 NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

0.54

1.12

5 0

3 years ago

Which of the following skills is used by active listeners?

s344n2d4d5 [400]

B is the answer to this

6 0

3 years ago

Advertising, fashion trends, and new product introductions serve to

dmitriy555 [2]

The correct answer is letter c. create consumer demand. Advertising, fashion trends, and new product introductions serve to create consumer demand.

Disequilibrium occurs when the quantity supplied and the quantity demanded are not the same in a market. The statement presented is True.

8 0

3 years ago