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3 years ago

A. what will be the quantity demanded at $150 per game console? quantity demanded: game consoles

Business

1 answer:

lys-0071 [83]3 years ago

5 0

Answer:

The answer is 13500$.

Explanation:

a) at P = 150$, Qd = 80.

b) at P = 150, Qs = 20.

c) produce surplus = 1/2 x 20 x (150 -100)

= 500$.

d) at equilibrium, P = 250 $

= 1/2 x 60 x (550 -100)

= 13500$.

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William Welsh, a former Air Force pilot, decides to operate a helicopter tour company to provide customers with breathtaking vie

vekshin1

Answer:

labor

Explanation:

There are four factors of production; land, labor, capital and entrepreneurship:

William is the entrepreneur,
Capital accounts for the helicopters, facilities and the advertisement.
Land in this case is the plot of land where the business will be located.
But who will fly the helicopters and perform maintenance operations? Who will sell the tours and perform administrative tasks? William will not fly the 5 helicopters himself, perform maintenance operations and sell the tours.

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3 years ago

Read 2 more answers

You invested $4,500 in a project which gave you a return of 13.1% the 1st year. you were quite happy, but the 2nd year wasn't as

Nadusha1986 [10]

The annual average rate of return can be calculated by calculating the average of three years annual return on the investment.

It is given that the investment earned a positive return of 13.1% in the first year, a negative return of -4.3% in the second year and a positive return of 5.9% in the third year.

Hence the annual average rate of return shall be (13.1-4.3+5.9)/3 = 4.9%

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3 years ago

A representative meets a potential client at a convention. The client is interested in an investment giving life-long income, an

Gwar [14]

Answer:

The representative should talk to the manager to determine if there was a Know Your Customer violation

Explanation:

5 0

3 years ago

If the price elasticity of demand for a product is -2.5, then a price cut from $2.00 to $1.80 will _________ the quantity demand

UkoKoshka [18]

If the price elasticity of demand for a product is -2.5, then a price cut from $2.00 to $1.80 will increase the quantity demanded by about 2.5%.

Price elasticity of call for is a measurement of the trade in the intake of a product on the subject of exchange in its price. Expressed mathematically, it's miles: charge Elasticity of demand = percent trade-in quantity Demanded / percentage trade-in rate.

we are saying a great is price elastic whilst growth in prices causes a bigger % fall in demand. e.g. if fee rises 20% and demand falls 50%, the PED = -2.five. Examples consist of Heinz soup.

Learn more about Price elasticity here: brainly.com/question/24384825

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6 0

2 years ago

A mutual fund has $2 million in cash and $6 million invested in securities. It currently has 1 million shares outstanding.

Mamont248 [21]

Answer:

a. NAV = 8 per share

b. 250.000 shares

c. 7.95

Explanation:

a. NAV = Market value of shares/number of shares = $8m/1m = $8 per share

b. At the current NAV, it can absorb up to $2 million, or 250,000 shares.

c-1. Its loss by selling 25,000 shares of IBM at $34 instead of $36 = -$2 x 25,000 = -$50,000.

New NAV = $7,950,000 /1m = $7.95

5 0

3 years ago