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grin007 [14]
3 years ago
9

Suppose a recent and widely circulated medical article reports new benefits of exercise. Simultaneously, the price of the parts

needed to make bikes falls. What is the likely effect on the equilibrium price and quantity of exercise bikes sold?
Business
1 answer:
Reptile [31]3 years ago
3 0

Answer:

Equilibrium quantity increases; Equilibrium price is indeterminate.

Explanation:

If a new article reports that there are many benefits of exercise, this will increase the demand for exercise bikes and shifts the demand curve rightwards.

At the same time, there is a fall in the price of parts of exercise bikes which reduces the cost of production of exercise bikes. Now, the producer will be able to produce more exercise bikes, so the supply of exercise bikes increases and shifts the supply curve rightwards.

Therefore, there is an increase in the equilibrium quantity of exercise bikes and the impact on equilibrium price is indeterminate because that will be dependent upon the magnitude of the shift of demand and supply curve.

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People in the engineering, marketing, and operations departments were angry at each other, and to stop the finger-pointing, the
Licemer1 [7]

Answer:

The correct word for the blank space is: human.

Explanation:

Human or interpersonal skills are those abilities people have that let them interact with others effectively. Human skills are a must-need capability managers should develop at the moment of resolving conflicts within their organizations and dealing with employees in the day by day firm's operations.

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3 years ago
On the day before his presentation, Jamie was advised to.
stellarik [79]

Answer:

Go to the room beforehand and figure out what technology he needed to bring.

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In bussiness presentation you wont always expect your client to provide you with the technology needed to give the presentation. It is best for you to ask and then come prepared rather than go empty handed.

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Barry is the branch manager of a large toy store. He has been given the responsibility to communicate with, coach, and motivate
laiz [17]

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Human skills

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6 0
3 years ago
What is the difference between an "increase in demand" and an "increase in quantity demanded"?
alekssr [168]

A shift to the right of the demand curve signifies a "increase in demand," whereas movement along a particular demand curve signifies a "increase in quantity demanded." The correct response is option (B).

<h3>What is increase in demand?</h3>

A rise in demand will cause a rise in the equilibrium price and an increase in supply, all other things being equal. Reduced demand will result in a decrease in the equilibrium price and an increase in supply.

An rise in the quantity needed results from a decrease in the cost of the good (and vice versa). A demand curve depicts the amount desired and any market price. A change in quantity demanded is represented as a shift along a demand curve.

To know more about increase in demand, visit:

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6 0
1 year ago
Chrissie and Mirinda want to form a corporation. Chrissie contributes property worth $750,000 and a basis of $500,000 in exchang
lora16 [44]

Answer:

a. Does this qualify as a good Section 351 transaction?

Answer: No. This is because service is not a qualified property contribution under the section 321. Moreover, fair value of stock received by Chrissie is just 75% of 100%.

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Answer: The Gain Chrissie recognizes = FMV of stock received - Adjusted basis of transferred property = $750,000 - $500,000 = $250,000.

c. What gain does Mirinda recognize?

Answer: The Gain Mirinda recognizes is $0 or Mirinda will recognizes compensation worth which will be taxed as an ordinary Income ($250,000).

6 0
3 years ago
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