Answer:
b) most shareholders have little direct control over how the company is managed.
Answer:
(b). <u>Increase</u> ;<u> Decrease</u>
Explanation:
When the price of a substitute good rises, then it becomes more profitable for suppliers to shift to the other good. Therefore the supply of given good decreases, and the supply curve shifts leftward.
For example, if you're a textile manufacturer who produces cotton and silk clothes if the price of silk rises you'll reduce cotton production to divert resources towards silk. Therefore the demand for cotton clothes reduces.
Due to the leftward shift of the supply curve, the equilibrium price increases and equilibrium quantity decreases.
So we can conclude that an increase in the price of a substitute good will cause the equilibrium price of its substitute to <u>increase</u> and the equilibrium quantity to <u>decrease.</u>
Hence, the option (b) is the correct option.
Answer:
= $53,463
Explanation:
To calculate the cash flow:
= (Interest paid over the past year + long-term debt paid ) + ( Cash paid in dividends - Equity Issued)
Cash flow from assets = ($29,193 + 21,490) + ($28,130 − 25,350)
= $50,683 + 2,780
= $53,463
Selecting your customer is essential in the business so as to focus efficiently your resources to the type of demand customers entail. In the consideration of the selection, this includes the age bracket, economic status, cultural upbringing, sex, and many more other factors. There is an exhaustive list of factors to consider.
Answer:
Economic profit will be $40
So option (d) will be correct option
Explanation:
We have given number of units produced = 20 units
Price of per unit = $10 per unit
So revenue = 20×$10 = $200
Revenue :20 units * $10 = 200
Fixed cost is given $100
Variable cost: 20 units ×$3 = 60
So total cost= Fixed cost + Variable cost = 100 + 60 =$160
So economic profit = Revenue - Total cost = 200 - 160 = $40
So option (d) will be correct answer