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3 years ago

Indicate whether the following statement(s) applies to microeconomics or macroeconomics:

Business

1 answer:

victus00 [196]3 years ago

3 0

Answer:

a. The unemployment rate in the United States was 9.7 percent in March 2010 - Macroeconomics

b. A U.S. software firm discharged 15 workers last month and transferred the work to India - Microeconomics

c. An unexpected freeze in central Florida reduced the citrus crop and caused the price of oranges to rise - Microeconomics

d. U.S. output, adjusted for inflation, decreased by 2.4 percent in 2009 - Macroeconomics

e. Last week, Wells Fargo Bank lowered its interest rate on business loans by one-half of 1 percentage point - Microeconomics

f. The consumer price index rose by 2.7 percent from December 2008 to December 2009 - Macroeconomics

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59. A poultry rancher discovered that when she increased the price of organic eggs from $0.75 to $1.00 per dozen, the sales of h

oee [108]

Answer:

PED = -1.4 or |1.4| in absolute values, price elastic

Explanation:

the price elasticity of demand (PED) using the midpoint method:

PED = % change in quantity / % change in price

% change in quantity = {(Q 2 − Q1 ) / [(Q2 + Q1)/2]} x 100 = {(200 − 300 ) / [(200 + 300)/2]} x 100 = -100 / 250 = -0.4
% change in price = {(P2 − P1 ) / [(P2 + P1)/2]} x 100 = {(1 − 0.75 ) / [(1 + 0.75)/2]} x 100 = 0.286

PED = -0.4 / 0.286 = -1.4 or |1.4| in absolute values

5 0

4 years ago

You are considering investing $65,000 in new equipment. You estimate that the net cash flows will be $18,000 the first year, but

Alina [70]

Answer:

a. The annual capital cost is $9,798

b. The equivalent annual savings is $27,495

c. The decision is wise

Explanation:

a. In order to calculate the annual capital cost (ownership cost) for the equipment we would have to calculate the following formula:

annual capital cost=P(A/P,i,n)-F(A/F,i,n).........

annual capital cost=$65,000(A/P,9%,10)-$5,000(A/F,9%,10)

=$65,000(0.1558)-$5,000(0.0658)

=$10,127-$329

=$9,798

b. In order to calculate the equivalent annual savings (revenues) we would have to calculate the following formula:

equivalent annual savings=A+G(A/G,i,n).........

equivalent annual savings=$18,000+$2,500(A/G,9%,10)

=$18,000+$2,500(3.798)

=$18,000+$9,495

=$27,495

c. The decision is wise becauste the equivalent annual savings are greater than the annual costs of the equipment.

6 0

3 years ago

What do you think would make women's contributions to entrepreneurship more visible and less surprising to people?

ohaa [14]

Answer: They must continue with their work, which goes beyond being housewives.

Explanation: Today women have achieved a lot to be seen as beings who have the ability to undertake large-scale projects. Women should continue working, positioning themselves in direct positions, undertaking, and above all, supporting each other. Women must continue to demonstrate that they too are capable of occupying positions that have been seen only for men. Today we have women presidents of nations, CEOs and giving more contributions to society.

3 0

3 years ago

Read 2 more answers

Brulee Bakery produces both regular and vegan baked goods. Each quarter, the research and development department develops a reci

erastovalidia [21]

Answer: Product-level

Explanation:

A product level activity is one of the type of activity that are performed for the production of the various types of products and the services and then it calculating the total number of batches of the specific items or products are get sold out in the market.

According to the given question, the Brulee bakery is basically producing the various types of vegan baked and the regular items and under the activity base costing the firm is basically developing the new vegan baked recipe.

Therefore, this type of process is basically refers as the product level activity.

3 0

3 years ago

Vang Corp.'s stock price at the end of last year was $38 and its earnings per share for the year were $2.30. What was its P/E ra

Maurinko [17]

Answer:

a. 16.52

Explanation:

The P/E ration is the ratio of an entity's share price to the earnings per share. It is a measure used to measure the accuracy of the valuation of one company's share with another.

Given;

Share price = $38

Earnings per share = $2.30

P/E ratio = share price/earnings per share

= $38/$2.30

= 16.52

Option a.

8 0

3 years ago