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Rudik [331]
3 years ago
8

The market for footballs is perfectly competitive. If all else is held constant and the price of leather decreases, we would exp

ect that the equilibrium quantity of footballs would ________ and the equilibrium price would ________.
Business
1 answer:
fredd [130]3 years ago
3 0

Answer:

RISE, and the equilibrium price would FALL

Explanation:

A decrease in the price of leather if all other factors are held constant will lead to an increase in the quantity of football produced since the amount initially used in producing a football has dropped. Therefore the equilibrium quantity of football will RISE. Also, an increase in the quantity of football will lead to a FALL in the price of each football because producers will tend to produce more football than the demand.

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Throughout the course of your life, you have converted some of your cash on hand to certificates of deposit and bonds. You also
Serjik [45]

Answer:

intangible property

Explanation:

Intangible property can be defied as property that doesn't have any physical attributes that give them value. For example, a car is a tangible since you can drive it around, but a certificate of deposit is just a piece of paper (or even a computer code) and nothing else. The same applies to bonds and stocks, you know they are valuable but their value is not provided by their physical characteristics.

Other intangible property include patents, software, licenses, copyrights and trademarks. All of these can be extremely expensive, for example Microsoft is worth hundreds of billions and it sells digital ones and zeros.

4 0
3 years ago
If total sales are $2550.00 and 110 guests were served, the average guest check would be?
aliina [53]

A typical guest's check would be for $23.18.

How Do Sales Operate?

Any transaction in which two or more parties exchange money in exchange for the buyer getting tangible or intangible goods, services, or assets is referred to as a sale. On occasion, a seller may receive additional assets. A sale is another term used in the financial markets to describe an agreement between a buyer and a seller over the price of a security.

No of the circumstance, a sale is in essence a contract between the buyer and the seller of the particular good or service in question.

In a sale, two or more parties typically include a buyer and a seller who exchange goods or services for money or other assets.

to know more about sales

brainly.com/question/25743891

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4 0
1 year ago
Ava’s Sweets wants to protect its company’s logo and name. What should Ava do?
Trava [24]
B because this is common sense
6 0
3 years ago
Read 2 more answers
Li Company declared a property dividend of 20,000 shares of its investment in $1 par P Company common stock. The P stock was pur
kolbaska11 [484]

Answer:

$200,000

Explanation:

DIVIDEND can be defined as the amount of cash which is been paid regularly by a company to its shareholders out of its profits or surplus.

Property dividend of 20,000 shares ×

Fair value of the P stock at $10 per share on the declaration date of the property dividend.

Therefore:

20,000 x $10 = $200,000

The amount of DIVIDEND is $200,000

7 0
3 years ago
Using mental math, the approximate tip to leave for a bill of $81. 79, if you tip 15% would be _____. A. $8. 20 b. $10. 30 c. $1
nordsb [41]

The approximate tip for a bill of $81.79 would be $12.30 when the tip is 15% of the bill amount.

<h3>How to calculate tip amount?</h3>

Tip is the extra amount paid over a bill for the services provided by the staff. The tip when calculated as a percentage over the bill, the percentage rate is to be multiplied by the bill amount.

Given:

\rm Bill\:amount = \$81.79\\\\Rate\:of\:tip = 15\%

The amount of tip will be calculated by calculating 15% of the bill amount.

\begin{aligned} \rm Amount \:of \:tip &= \$81.79 \times 15\%\\\\&= \$81.79 \times \dfrac{15}{100}\\\\&= \$12.2685 \end

The approximate value of tip will be $12.30.

Therefore, option c is correct.

Learn more about the topic here:

brainly.com/question/2153680

7 0
3 years ago
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