Answer:
First we need to first find the equilibrium quantity and price during normal times.
The equilibrium price in normal times is P=$3 and the equilibrium quantity is 55 bottles.
During the hurricane, the government will set a price ceiling of $3. We can infer from the table that the quantity supplied at P=$3 is 55 bottles while the quantity demanded during hurricane at the price of $3 per bottle is 105 bottles. Hence,
105-55= 50
During a hurricane, there would be a shortage of 50 bottles of water.
If there were no price ceiling, then the equilibrium price would be such that the quantity demanded during hurricane equals the quantity supplied. From the table we can see that the equilibrium price would in that case be P=$5 per bottle where the equilibrium quantity is 85 bottles. With the price ceiling only 55 bottles are available for trading. Now without the price ceiling 85 bottles are available.
Hence consumers would have to pay an additional $2 (=5-3) but they can now buy an additional 30 bottles [=85-55].
Without the antiprice gouging law, consumers would have to pay $2 more than the ceiling price, but they would bv able to buy 30 more bottles of water.
Answer:
Blood enters the right atrium via the superior and inferior vena cava, flows to the right ventricle and then into the lungs, returns from the lungs to the left atrium and left ventricle, and exits out the aorta
Explanation:
The blood stream will flow to the right artium through the vena cava and moves to the right ventricle as well as the lungs. The blood is then returned back to the left atrium and ventricle from the lungs. It later flows out through the aorta. That is the sequence of flow of the blood streams to and from the lungs.
Answer:
The answer is "Choice C".
Explanation:
The federal securities legislation governs its sales or offering of stock, investment management, the companies of some industry professional persons, investment companies like mutual funds, tender documents, proxy statements, and, more particularly, publicly-traded company control. It's not just the external directors, but also the managers of the organization apply to these rules mostly on the release of erroneous financial reports.
Answer:
The company should continue making the unit. It is cheaper than buying by $7,000.
Explanation:
Giving the following information:
Variable costs are $1.80 per unit
fixed costs= $70,000 per year
Purchasing price per unit= $2.90
<u>I will assume that the fixed costs (not allocated) are avoidable.</u>
First, we need to calculate the total cost of making the unit:
Total cost= 70,000*1.8 + 70,000= $196,000
<u>Buying:</u>
Total cost= 70,000*2.9= $203,000
The company should continue making the unit. It is cheaper than buying by $7,000.
Answer:
$15000
Explanation:
The preferred dividend per year =
Here, the preference shares are cumulative thus dividends for preferred stocks are:
For 2016 = $310000 ( $480000 – 310000 = 170000 arrear)
For 2017 = $190000 ($480000 – 190000 = 290000 arrear )
Total arrear till 2017 = 170000 arrear + 290000 arrear = $460000
For 2018 = 480000 + 460000 = $940000
Thus, the amount of dividend payable to common stockholders in 2018 = $955000 - $940000 = $15000