How much did at&t stadium cost to build?

Five hundred units of good x are currently bought and sold. The marginal buyer is willing to pay $40 for the 500th unit, and the

dimaraw [331]

Answer:

D : All options are correct

Explanation:

- The marginal buyer is the essence of demand curve while marginal seller is essence of supply curve.

- @ Q = 500 units, Selling Price is set at SP = $35

- @ Q = 500 units, Buying Price is set at BP = $40

- Since, SP ≠ BP our equilibrium price would be $ 37.5 assuming the price elasticity of demand and supply are equal. In any case the equilibrium price would lie in between [ 35 , 40 ] such that to prevent a shortage of units in near future.

- Moreover, if the seller decides to sell at price $35 then he must sell goods greater than 500 units to reach the equilibrium profits. However, it could also lead to excess of units or surplus.

- We see that from selling the goods at SP = $35 while the buyer is willing to pay BP = $40 for 500 goods, the seller would be under-profiting and would be earning $5*500 = $2,500 less than he would at equilibrium price of $40 and selling units greater than 500. Hence, 500 goods is not an efficient quantity of goods.

6 0

3 years ago

Jan Throng invested $39,000 in the Invesco Charter mutual fund. The fund charges a commission (load) of 4.5 percent when shares

Karolina [17]

Answer:

amount of commission (load) Jan must pay is $1755

Explanation:

given data

investment = $39,000

charges commission (load) = 4.5 percent

to find out

Calculate the amount of commission (load) Jan must pay

solution

we get amount of commission will be here as

amount of commission = investment × charges commission % ......................1

put here value we will get

amount of commission = $39000 × 4.5%

amount of commission = $39000 × 0.045

amount of commission = $1755

so amount of commission (load) Jan must pay is $1755

5 0

3 years ago

Corey, a supervisor, needs to rate the performance of 20 subordinates. He uses a rating scale to rate them on a scale of 1 to 10

Sonbull [250]

Answer:

central tendency distributional error

Explanation:

There are three types of distributional errors:

severity.- when the person in charge of rating is too strict and rates the employees with a poor grade.
leniency.- when the person in charge of rating is too lenient and rates the employees with a high grade.
central tendency.- when the person in charge of rating does not want to assume responsibility and rates the employees with a middle grade, not bad, not good.

3 0

3 years ago

Jaleel's work group meets face-to-face and generates numerous alternatives to a product issue, many of them radical and a few ou

Paladinen [302]

Answer:

brainstorming as a part of it’s decision making process

8 0

3 years ago

You noticed that a fast food restaurant's operating cycle is 30 days. would this suggest the restaurant is selling food beyond i

iris [78.8K]

No, i will not suggest the restaurant is selling food beyond its expiration date because the operating cycle includes the average collection period which will be long if the restaurant only takes cash.

<h3>What is an operating cycle?</h3>

This refers to the number of days required for a business to receive inventory, sell the inventory and collect cash from the sale of the inventory.

The operating cycle as a financial tools plays a major role in determining the efficiency of a business.

Hence, whenever we noticed that a fast food restaurant's operating cycle is 30 days, we will not suggest the restaurant is selling food beyond its expiration date because the operating cycle includes the average collection period which will be long if the restaurant only takes cash.