1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
olga_2 [115]
3 years ago
13

4 of 50 (3 complete)

Business
1 answer:
Fantom [35]3 years ago
3 0

Answer:

  • <em>The slope of the demand curve at point A is   </em><u><em> </em></u><u>- $0.40/unit</u>

  • <em>The slope of the demand curve at point B is     </em><u>- $0.14/unit</u>

Explanation:

See the file attached with the figure corresponding to this question.

<em>The slope of a curve</em> at a given point is the slope of the line tangent to the curve at that point.

<em><u>Point A:</u></em>

The tangent line to the <em>demand curve at point A is</em> drawn and passes through the points (20, 34) and (45, 24).Then, the slope is:

  • slope = rise / run = ΔP / Δq = $ (34 - 24) / (20 - 45) units

  • slope = - $10 /25units = - $2/5units = - $0.40/unit.

The minus sign indicates the that price decreases when the quantity increases

<u><em>Point B:</em></u>

<em>The tangent line to the demand curve at point B</em> passes through the points (90, 12) and (140, 5).Then, the slope is:

  • slope = rise / run = ΔP / Δq = $ (12 - 5) / (90 - 140) units

  • slope = - $7 /50units = - $7/50units = - $0.14/unit.

Again, the negative sign indicates that when the number of units increase the price decreases.

You might be interested in
If the Federal Reserve announces that its target for the federal funds rate is rising from 4 percent to 4.25 percent, how do you
olganol [36]

Answer:

B) As long as the Fed's announcement is credible, workers and firms will reduce their consumption and investment spending, which will reduce aggregate demand and reduce inflation.

Explanation:

If the FED announces that it will increase the federal funds rate, it will increase the interest that banks charge other banks for lending them money in order to  comply with the reserve ratio. This increase would make banks hand out less loans and be more careful in order to reduce their need for overnight funds.

If banks reduce their loans, their capacity for creating money will also be reduced, lowering the consumption level and investment spending of both workers (households) and private firms.

6 0
3 years ago
Tanning Company analyzes its receivables to estimate bad debt expense. The accounts receivable balance is $354,000 and credit sa
Dmitry_Shevchenko [17]

Answer:

Dr Bad Debt Expense $12,760

Cr Allowance for Doubtful Accounts $12,760

Explanation:

Based on the information given the adjusting journal entry that Tanning Company will make if the Allowance for Doubtful Accounts has a credit balance of the amount of $1,400 before adjustment will be :

Dr Bad Debt Expense $12,760

Cr Allowance for Doubtful Accounts $12,760

[(4%*$354,000)-$1,400]

4 0
2 years ago
What are the 8 Consumer Rights
Alinara [238K]
The right to satisfaction of basic needs
The right to safety
The right to be informed
The right to choose
The right to be heard
The right to redress
The right to consumer education
The right to a healthy and sustainable environment

There are your 8. :)
6 0
3 years ago
Realizing that it was time to invest in an updated information system, a young ceo made the following announcement in his weekly
Alexeev081 [22]
I had to look for the options and here is my answer:

Based on the given scenario above regarding the changes that a young CEO made in his company, which resulted in the poor interpretation among his employees, the progressive companies at present would now incorporate strategies that continuously adapt a FORMAL AND INFORMATION ORGANIZATION THAT AIDS IN CHANGES.
5 0
2 years ago
Needham Pharmaceuticals has a profit margin of 3% and an equity multiplier of 2.0. Its sales are $110 million and it has total a
mafiozo [28]

Answer:

ROE is 0.1571 or 15.71%

Explanation:

The ROE or return on equity is a measure of a business's profitability in relation to its equity. The Dupont equation breaks down the ROE into three components which are used to calculate the ROE. The formula fro ROE under dupont equation analysis is,

ROE = Net Profit/Sales  *  Sales/Total Assets  *  Total Assets/Total Equity

  • The part of Net Profit/Sales is also known as profit margin.
  • The part of Sales/Total Assets  is also known as Assets Turnover
  • The part of Total Assets/Total equity is also known as equity multiplier

ROE = 0.03  *  110/42  *  2

ROE = 0.1571428571 rounded off to 0.1571

8 0
2 years ago
Other questions:
  • According to Twitter’s amended S-1 filed November 4, 2013, what were the estimated amounts of net proceeds to be received by the
    12·1 answer
  • Competitive intelligence means gaining information about one's competitors' activities so that you can anticipate their moves an
    12·1 answer
  • A country withholds funding from any college or university that does not accept women at the same rate as men. This action refle
    15·2 answers
  • Recommend four aspects you would include when preparing a flyer
    13·2 answers
  • Should stockholder wealth maximization be thought of as a long-term or a short-term goal? For example, if one action increases a
    8·1 answer
  • Select all that apply.
    14·1 answer
  • One widespread trend under way in business today that will affect the goals of the organization you work for is: Select one: a.
    13·1 answer
  • What are the opportunity offers by<br>vocational education?​
    5·1 answer
  • 1)______elimination risks.
    5·1 answer
  • All of the following costs should be charged against revenue in the period in which costs are incurred except for costs from idl
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!