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dalvyx [7]
3 years ago
7

Draw supply and demand graphs that estimate what will happen to demand, supply, and the equilibrium price of coffee if these eve

nts occur: Widely reported medical studies suggest that coffee drinkers are less likely to develop certain diseases.
Business
1 answer:
kiruha [24]3 years ago
7 0

Answer:

Please find the required diagram in the attached image

Explanation:

Only a change in the price of a good leads to a movement along the demand curve of that good. Also, only a change in the price of the good would lead to an increase or decrease in the quantity demanded of that good.

Other factors other than the change in the price of the good would lead to a shift of the demand curve. Some of those factors include :

1. a change in consumers' expectation

2. a change in the taste of consumers

3. a change in income

As a result of the study, there would be an increase in the demand for coffee. This would shift the demand curve to the right. As a result, there would an increase in equilibrium price and quantity

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The commission structure on a stock purchase is $45 plus $0.04 per share. If you purchase five round lots of a stock selling for
Vedmedyk [2.9K]

The commission for purchasing five round lots of a stock selling for $130 is $65.

<h3>What is round lots of a stock?</h3>

A specified quantity of securities to be traded on an exchange is known as a round lot. In the stock market, a round lot is defined as 100 shares or a bigger number that may be divided in half equally.

1 round lots = 100 shares

5 round lots = 500 shares

The commission structure on a stock purchase is $45 plus $0.04 per share.

For 500 shares, the commission is

= 45 + 0.04×500

= 65

Therefore, the commission for purchasing 500 shares of stock selling for $130 is $65.

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7 0
1 year ago
Commenced business with cash of Rs 20,000 and Goods worth Rs 25,000​
nevsk [136]

Explanation:

\sf \green{25000 - 20000 = \longrightarrow 5000}

7 0
2 years ago
Merchant Company had the following foreign currency transactions: On November 1, 20X6, Merchant sold goods to a company located
vazorg [7]

Answer

The answer and procedures of the exercise are attached in the images below.

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a 2 sheets with the formulas indications.  

6 0
3 years ago
The company can choose to buy a back-up machine for Step C for an additional $20,000. The back up would also have a reliability
Goshia [24]

The complete question is:

A certain company produces 10,000 tables per year in a three-step process. The three steps in the process employ machines with the reliabilities listed here:

Step A - 0.987 Step B – 0.979 Step C – 0.915

Answer:

New reliability= 0.9593 ~ 0.959

Explanation:

Reliability is used in manufacturing process to ensure that a process produces the same level of output consistently. A process is reliable if it achieves the same results everytime.

Reliability can be applied to individuals, data, processes, and products.

In this instance we are to calculate the new reliability of the backup system.

Reliability of step C is 0.915

New reliability= 1 - (1- 0.915)^2

New reliability= 0.992775

Multiply this value by the reliability in step A and B to get system reliability

System reliability= 0.992775 * 0.987 * 0.979

System reliability= 0.9593

7 0
2 years ago
You are the manager of College Computers, a manufacturer of customized computers that meet the specifications required by the lo
sertanlavr [38]

The price and quantity of computers that should be produced to maximize the firm’s profits will be $360 and 80 computers.

The demand curve for College Computers is given as (Q) = 800 - 2P where, P = 400 - 0.5Q.

Therefore, the weekly total revenue will be:

= (400 - 0.5Q) × Q

= 400Q - 05Q²

Marginal revenue = 400 - Q

Weekly cost of producing computers will be:

= 1200 + 2Q²

Marginal cost = 4Q

Maximum profit will b earned when MR = MC

Therefore, 400 - Q = 4Q

Collect like terms

4Q + Q = 400

5Q = 400

Q = 400/5

Q = 80

Quantity = 80 units

Therefore, the price will be:

P = 400 - 0.5Q

P = 400 - 0.5(80)

P = 400 - 40.

P = 360

The price is $360.

The weekly total revenue will be:

TR = price × quantity.

TR = 360 × 80

TR = $28800

The total cost will be:

TC = 1200 + 2(80)²

TC = 1200 + 12800

TC = 14000

Therefore, the profit will be:

= TR - TC

= $28800 - $14000

= $14800

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3 0
2 years ago
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