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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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A state of equity is present when?
Helga [31]

Answer:

A state of Equity is present when there is a fair condition and just inclusion into a society.

Equity exists when those who have been most neglected have equal access to opportunities, power, participation and resources available. They also have good sources to safe, healthy, productive and fulfilled lives.

6 0
3 years ago
Sheila is on a temporary layoff from her automobile factory job but has not looked for work in the last four weeks. The Bureau o
fiasKO [112]

Answer:

c

Explanation:

The labour comprises of those who are able to work. it includes those who are employed and those who are not employed

An individual is considered unemployed if she is without a job and has been searching for a job in the last 4 weeks. Sheila is not in this category and thus she is not considered unemployed.

types of unemployment

1. structural unemployment is an unemployment that occurs as a result of changes in the economy. These changes can be as a result of changes in technology, polices or competition. Structural unemployment tends to be permanent.  

The geologist lost his hob permanently due to increase in wages (polices)

2. Frictional unemployment:  the period of time a person is unemployed from the period he leaves his current job and the time he gets another job. Eg. when a real estate agent who leaves a job in Texas and searches for a similar, higher-paying job in California.

3. Voluntary unemployment: e.g. worker at a fast-food restaurant who quits work and attends college.

4. Cyclical unemployment: it occurs as a result of fluctuations in the economy. Unemployment would be high in a downturn and low in a boom  

6 0
3 years ago
The relationship between employer and employee can be thought of in terms of a(n) ____, a description of what an employee expect
nydimaria [60]

Answer:

The answer is: psychological contract

Explanation:

Psychological contracts are the expectations or promises exchanged between the parties; employer, employee, or even fellow employees, in an employment relationship. They are not written contracts, but they often implicit or understood between the parties. For example, an employee expects that if he or she works really hard, eventually he or she will receive a promotion or a salary raise.

8 0
3 years ago
Companies often use several methods to evaluate the project's cash flows and each of them has its benefits and disadvantages. Pl
lukranit [14]

Answer

The answer and procedures of the exercise are attached in a microsoft excel document.  

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Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

4 0
3 years ago
John buys an investment for $100,000 at the beginning of the year. During the year, John receives $10,000 from his investment. A
ladessa [460]

Answer:

10%

Explanation:

The computation of the rate of return during the year is shown below:

Rate of return = (End year investment price - beginning year investment price + additional investment received) ÷ (beginning year investment price)

= ($120,000 - $100,000 + $10,000) ÷ $100,000

= $10,000 ÷ $100,000

= 10%

Simply we applied the above formula so that the rate of return could come

4 0
4 years ago
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