Why would someone choose to own a car instead of leasing?

Suppose buyers of computers and printers regard the two goods as complements. Then an increase in the price of computers will ca

amid [387]

Answer: Option (a) is correct.

Explanation:

The complimentary goods are the goods which are used together to satisfy a given want. There is an inverse relationship between the price and demand of complimentary goods.

Suppose there are two complimentary goods such as computers and printers. So, an increase in the price of computers will lead to reduce the demand for printers because both are used together. Hence, there is a fall in the quantity supplied of printers. Alternatively, a decrease in the price of computers will lead to increase the demand for printers because both are used together.

5 0

3 years ago

One of the top-selling items at a gift shop at Hilo, HI are autographed pictures of Jack Star. Sales are 18 pictures per week, a

ValentinkaMS [17]

Answer:

a. 54

b. 810 dollars

c. 390 dollars

d. 75 pictures

e. 561.6 dollars and 562.5 dollars

f. 38 pictures

Explanation:

demand per week = 18 pictures

annually this demand = 18 *52 = 936

charge per unit = 60 dollars

order for 6 weeks = 6*18 = 108 quantities

cost of ordering = 45 dollars

cost of holding annually = 15 dollars

a. current average inventory

= (18*6)/2

= 54 pictures

b. current annual holding cost

(108/2)*15

= 810 dollars

c. current annual holding cost

= 936/108 * 45

= 390 dollars

d. size orders to be placed

= $\sqrt{\frac{2*936*45}{15} }$

= $\sqrt{5616}$

= 74.9

≈ 75 pictures have to be ordered

e. ordering holding cost per picture

936/75 * 45

= 561.6 dollars

and inventory holding cost per picture

= 75/2 * 15

=562.5 dollars

f. shop inventory per year at optimal ordering quantity

= 75/2

= 37.5

≈ 38 pictures

4 0

3 years ago

A firm produces two goods q1 and q2. for economies of scope to occur, it must be true that:

Oliga [24]

For economies of scope to occur it must be true that THE COST OF PRODUCING THE TWO GOODS TOGETHER IS LESS THAN THE COST OF PRODUCING THE GOODS SEPARATELY.
The economy of scope is the proportionate savings that is gained by producing two or more different goods together, when the cost of doing so is less than that of producing each separately.

5 0

3 years ago

Mountain View Corporation is a non-investment company that wants to issue stock of $3 million in a twelve-month period. Mountai

butalik [34]

Answer:

Offering circular

Explanation:

An offering circular is a formal written offer to sell securities that sets forth the fact for a business enterprise that a prospective investor needs to make an informed investment decision. It usually contain financial information, a description of the security being offered, risk factors, uses of offering proceeds, business and organization of the company and other pertinent information.

8 0

3 years ago

The student is told that one of the four solids tested is actually barium chloride ,bacl2. which of the solids could be bacl2?

dem82 [27]

To find the correct answer, you should know that Barium Chloride is a strong electrolyte. A strong electrolyte will wholly complete the circuit as shown by a brightly powered light bulb. Therefore, the correct answer is a solid with a concentration of 0.20, where the strength of light emitted is bright. Remember that all strong acids and highly soluble ionic substances are strong electrolytes. Ionic compounds that are merely slightly soluble or are insoluble may act as a poor electrolytes.

6 0

3 years ago