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strojnjashka [21]
4 years ago
7

Z is a normal good. The equilibrium price and equilibrium quantity of Z in the year 2011 was $25 and 60 units, respectively. In

2014, the equilibrium price of Z had decreased to $15 and the equilibrium quantity had also decreased to 50 units. Other things remaining the same, which of the following could explain this change?a. Shift of the supply curve of Z to the rightb. Shift of the supply curve of Z to the leftc. Shift of the demand curve for Z to the rightd. Shift of the demand curve for Z to the left
Business
1 answer:
Ymorist [56]4 years ago
4 0

Answer:

D) Shift of the demand curve for Z to the left

Since both the equilibrium quantity and price decreased.

Explanation:

A rightward shift of the demand curve should increase both the equilibrium price and quantity.

A rightward shift of the supply curve should increase the equilibrium quantity and decrease the equilibrium price.

A leftward shift of the supply curve should increase the equilibrium price and decrease the equilibrium quantity.

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Whitman Printing has contracts to complete weekly supplements required by forty-six customers. For the year 20X5, manufacturing
stellarik [79]

Answer:

a. contribute too little to profits, and Wallace Printing will not want to accept additional work from the company.

Explanation:

For reaching any conclusion first we have to determine the cost assigned by using the single cost driver which is shown below:

= Rate × Pages printed

= ($840,000 ÷ 12,000,000) × 76,000

= $5,320

And  Cost assigned using ABC  is

= (120,000 ÷ 200) × 2 + (640,000 ÷ 4000) × 10 + (80,000 ÷ 16000) × 38

= $2,990

By this above calculation, the first option is chosen as the cost are high as compared to the ABC while on the other hand the profit would be NIL

5 0
4 years ago
A product that passes test-marketing is ready for market introduction, which is called ____, a step that requires extensive logi
nataly862011 [7]

Answer: Rollout

Explanation:

A product that passes test-marketing is ready for market introduction, which is refered to as rollout.

Rollout is simply a business term that is used for the introduction of a new product and it's integration to the market. The rollout is the product release, and this is usually accompanied by a marketing campaign in order to attract the interest of the consumer.

8 0
3 years ago
Firms organizing production in centrally powered factories did all of the following
Nimfa-mama [501]

Answer:

C

Explanation:

HAD SAME QUIZ BEFORE

6 0
2 years ago
Due to budget restrictions, a business school could afford to hire only one new faculty member for the next academic year. Howev
kakasveta [241]

The correct answer would be, Compromise.

After a lengthy discussion, it was decided that the budget would be hired for the next year. In this situation, Compromise strategy of conflict management is used.  

Explanation:

In simple words, Conflict Management is the management of Conflict between two parties, or between two issues. In this process, the negative aspects of the issue are lowered while positive aspects are being highlighted.

Compromise is that strategy of Conflict Management in which a settlement is made below the desired standards in order to resolve the conflict.

So when temporary faculty is hired in the school instead of the need of permanent faculty, due to the shortage of budget, Compromise Strategy of Conflict Management is being used.

Learn more about Conflict Management at:

brainly.com/question/12441613

#LearnWithBrainly

3 0
4 years ago
If the straight-line depreciation method is used, the annual average investment amount used in calculating the accounting rate o
lisabon 2012 [21]

Answer:

The answer is true

Explanation:

Accounting Rate of Return is a financial ratio used in capital budgeting decision making. It is the ratio of estimated accounting profit(net income) of a project to the average investment made in the project.

And average investment is calculated as the sum of the beginning and ending book value of the project/investment divided by 2

3 0
3 years ago
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