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muminat
3 years ago
15

Uber is a tech company that connects its mobile phone app users who have a trip request with nearby Uber drivers who use their o

wn cars. Because of its low cost and time efficiency, it has become a very popular means of transportation among college students. As new semester begins, many students have returned to Boston from their home. Analyze the effects on the Boston Uber market.
1. What happens to equilibrium price?
2. What happens to equilibrium quantity?
Business
1 answer:
Liula [17]3 years ago
6 0

Answer:

1. The price for Uber services increases.

2. The quantity of Uber services sold increases.

Explanation:

As the college students use the uber so here the number of students are rised up that means the demand is more when the semester is started i.e. the price is more

Also the uber has one attribute i.e. surge pricing which represent the law of demand and the supply. In the case when the demand is more or the supply is less the price would increase

So overall the price and the quantity should increased

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12 less than the quantity of a number and 7 is -2
Len [333]
X= a number

Less than means to subtract from the quantity.

(x + 7) - 12= -2
add 12 to both sides
x + 7= 10
subtract 7 from both sides
x=3

ANSWER: A number equals 3.

Hope this helps! :)
8 0
3 years ago
During the year a parent makes sales of inventory at a profit to its 75 percent owned subsidiary. The subsidiary also makes sale
FinnZ [79.3K]

Answer: total revenues from intercompany sales.

Explanation:

From the question, we are informed that during the year a parent makes sales of inventory at a profit to its 75 percent owned subsidiary and that the subsidiary also makes sales of inventory at a profit to its parent during the same year.

We are further told that both the parent and the subsidiary have on hand at the end of the year 20 percent of the inventory acquired from one another.

In this case, the consolidated revenues for the year should exclude total revenues from intercompany sales

5 0
3 years ago
A company reported that its bonds with a par value of $50,000 and a carrying value of $62,000 are retired for $66,000 cash, resu
mylen [45]

Answer: Retired for $66000 cash.

Explanation:

Given that,

bonds par value = $50000

carrying a value = $62000

retired for cash = $66,000

Loss = $4000

Issuing bonds are an approach to fund activities. Hence, a sum that is reported in the cash flows from the statement of financial activities.

There is a cash outflow of $66000 from retiring.

The amount to be reported under cash flows from financing activities is retired for $66000 cash.

5 0
3 years ago
Describe the population growth curve of houseflies
DaniilM [7]
Populaces of living beings don't encounter a straight development, rather a - J-molded bend. The underlying increment in the quantity of life forms is moderate on the grounds that the quantity of recreating people is little. As the populace gets bigger it additionally develops at a quicker rate.
4 0
3 years ago
A _____ is an association of producers that control supply and prices
galina1969 [7]
Piece of cheese bread
6 0
3 years ago
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