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Marrrta [24]
3 years ago
7

Suppose the price of a substitute to lcd televisions rises. What effect will this have on the market equilibrium for lcd​ tvs? T

he equilibrium price of lcd tvs will
a. Increase and the equilibrium quantity will increase.
b. Not change and the equilibrium quantity will not change.
c. Decrease and the equilibrium quantity will increase.
d. Increase and the equilibrium quantity will decrease.
e. Decrease and the equilibrium quantity will decrease.
Business
1 answer:
Artyom0805 [142]3 years ago
5 0

Answer: The equilibrium price of lcd tvs will

a. Increase and the equilibrium quantity will increase.

When the price of a substitute of lcd tvs rise, the demand for lcd tvs will rise, since they become cheaper than the substitute.

This will cause the existing demand curve to shift outwards, resulting in a rise in quantity.

As a result of the outward shift, the quantity supplied will also rise and so will the equilibrium price.

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Suppose you are going to receive $13,200 per year for five years. The appropriate interest rate is 8.1 percent.
sertanlavr [38]

Answer:

a-1) Pv = 52549

a-2) Pv = 56822

b-1) Fv = 77570

b-2 Fv = 83878

Explanation:

b-1) Future value:

S= Sum of amount of annuity=?

n=number of fixed periods=5 years

R=Fixed regular payments=13200

i=Compound interest rate= .081 (suppose annualy)

we know that ordinary  annuity:

S= R [(1+i)∧n-1)]/i

   = 13200[(1+.081)∧5-1]/.081

    =13200(1.476-1)/.081

    = 13200 * 5.8765

  S  = 77570

a.1)Present value of ordinary annuity:

Formula: Present value = C* [(1-(1+i)∧-n)]/i

                                  =13200 * [(1-(1+.081)∧-5]/.081

                                 =13200 * (1-.6774)/.081

                                =13200 * (.3225/.081)

                                =52549

a.2)Present value of ordinary Due:

Formula : Present value = C * [(1-(1+i)∧-n)]/i   *  (1+i)

                                    =  13200 * [(1- (1+.081)∧-5)/.081   * (1+.081)

                                 = 13200  * 3.9822 *  1.081

                               =  56822

b-2) Future value=?

we know that:         S= R [(1+i)∧n+1)-1]/i ]  -R

                             = 13200[ [ (1+.081)∧  5+1 ]-1/.081]   - 13200

                           = 13200 (.5957/.081)   -13200

                         = (13200 * 7.3544)-13200

                         = 97078  -  13200

                       =  83878

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3 years ago
As a result of the tax, the price received by producers , and . as a result of the tax, the price paid by consumers , and total
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This is false because consumer surplus declines because of the increase in price and reduction in quantity.

7 0
3 years ago
You just purchased a parcel of land for $10,000. if you expect a 12% annual rate of return on your investment, how much will you
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I guess the closest answer is $31,060.

If you purchased a parcel of land for $10,000. If you expect a 12% annual rate of return on your investment. Therefore you can sell the land for in 10 years in $31,060.

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How did joseph g mccoy help the cattle industry develop in texas?.
Alex777 [14]

Answer:

Answer in below mark me as brainlist plz

Explanation:

In 1861 McCoy began to work in the mule and cattle industry. He expanded his business to shipping large herds of cattle to slaughter and quickly recognized flaws in the system. ... One of the first cow towns, Abilene was built with extensive advertisement in Texas that encouraged cattlemen to send herds its way.

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A company receives a discount for paying for merchandise purchased within the discount period. How will the amount of the discou
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If the company receives a discount for paying for merchandise purchased within the discount period, the amount of the discount be recorded in a perpetual inventory system by being credited to inventory.

Inventory financing can be defined as a credit obtained by businesses to pay for products that aren't intended for immediate sale. Financing that collateralized by the inventory is used to purchase. Smaller privately-owned businesses that don't have access to other options are usually used inventory financing. Inventory financing is particularly critical as a way to smooth out the financial effects of seasonal fluctuations in cash flows and can help a company achieve higher sales volumes by allowing it to acquire extra inventory for use on demand.

Learn more about inventory financial here brainly.com/question/15744686

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