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Gwar [14]
3 years ago
10

Suppose portable radios can be imported at a world price of $10 per radio. If trade were unencumbered, what would the new market

equilibrium be? How many portable radios would be produced domestically? How many portable radios would be imported?
Business
1 answer:
Harman [31]3 years ago
6 0

Answer:

Domestic demand: Q = 5,000 – 100P; Supply: Q = 150P

At equilibrium, demand equals supply.

5,000 – 100P = 150P

250P = 5,000

P = 5,000/250

Equilibrium price (P) = $20

Substituting P in demand equation:

Q = 5,000 – (100*20)

Equilibrium quantity (Q) = 3,000 portable radio would be imported

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Answer:

Explanation:

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5 0
3 years ago
Cyber Security Systems had sales of 4,600 units at $65 per unit last year. The marketing manager projects a 30 percent increase
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Answer:

Net dollar sales projection for this year =   516,971.00

Explanation:

<em>Projected sales volume </em>

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<em>Project selling price</em>

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<em>Total sales value </em>

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<em>Net dollar sales projection</em>

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Net dollar sales projection for this year =   516,971.00

3 0
3 years ago
A(n) ____ is the transfer of the control of operations and management from one firm to another with the former becoming a unit o
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Answer:

acquisition

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Explanation:

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In acquisition, the buying company oftentimes retain its name which is already a brand , work and build on the strength of the old company in order to achieve returns. Companies acquire other companies in order to have large market shares and also to diversify their business operation.

One of the benefit of acquisition is that it gives room for fresh ideas due to coming together of different people and also brings people that are experts in their various fields.

Merger is when two or more firms comes together to form a single entity.

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Firms also merge in order to increase their financial capacity. This will enable them to be able to finance their business operations. They are also able to increase their asset base as a result of the merger.

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