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defon
3 years ago
15

Cheese is a complement for hamburgers. If the price of hamburgers rises, the quantity of hamburgers demanded , which the demand

for cheese. Because of the change in the equilibrium quantity of cheese, the demand for milk by cheese producers , causing the equilibrium price of milk to . This means producers of butter face input prices, and the supply of butter . The resulting in the price of butter causes people to substitute , so the demand for jam .
Business
1 answer:
12345 [234]3 years ago
3 0

Answer:

Cheese is a complement for hamburgers. If the price of hamburgers rises, the quantity of hamburgers demanded will <em>fall</em>, which will lead to a <em>fall in the demand</em> for cheese, as cheese and hamburgers are complements to each other. A rise in price of a complementary good will lead to a fall in demand for the complementary good as well. Because of the change in <em>demand</em> for cheese the equilibrium quantity of cheese will <em>fall</em> and the equilibrium price for cheese will also <em>fall</em>, the demand for milk by cheese producers will <em>decline</em>, causing the equilibrium price of milk to <em>fall</em>. This means producers of butter face <em>lower</em> input prices and the supply of butter will <em>rise</em>. The resulting <em>decline</em> in the price of butter causes people to substitute <em>jam for butter</em>, so the demand for jam will <em>decline</em>.

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Answer:

His return on investment is negative 8.7%

Explanation:

Thomas purchased 2,500 shares of EKK at $54 per share (=$135,000 / 2,500).

He received $750 (= $0.30 x 2,500) in annual dividends.

He sold his 2,500 shares at $49 per share = $122,500

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Answer:

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3 years ago
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Answer:

b. The lower the WACC used to calculate it, the lower the calculated NPV will be

Explanation:

When calculating NPV the cash inflows and cash outflows arising at the duration of the life are discounted at WACC. Generally, present value of outflow is same as actual as no discounting is done, as that occurs at the initial time of the project.

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4 years ago
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