Answer:
I think the customer will get upset.
The customer will think the salesperson is not ready to attend to him.
The answer is : Producers respond by supplying more bread
When shortage of breads increases, the demand of the product will jump through the roof, which will also increase its price
To gain the maximum profit, the producers will respond by supplying more bread until the shortage is eliminated
Answer:
9.87%
Explanation:
Calculation to determine What APR do you have to earn in order to achieve your goal
$2.7 million = $600{[(1 + r)444 − 1] / r}
r = .0082*100
r=.82%
r = .82% × 12
r = 9.87%
Therefore the APR you have to earn in order to achieve your goal is 9.87%
Answer:
The Price of Cocaine would rise drastically
Explanation:
If U.S Drugs Enforcement Agency impose higher restrictions in an effort to control illegal import of cocaine into the United States, this would directly impact the market for illegal drugs in the following ways:
- Since more restrictions get imposed, the procurement cost of cocaine alongside the risk associated with it in the form of higher penalties and prosecution, both will rise.
- The supply of cocaine would shrink in the market.
- The above two outcomes would result into the procurers and peddlers demanding much greater price for the same quantity of cocaine so as to compensate for the higher risk assumed and higher procurement costs associated.
Thus, price of cocaine will rise drastically as an outcome of such a move.
Answer:
4.2 years
Explanation:
Here is the complete question
Project A requires a $ 385,000 initial investment for new machinery with a five year life and a salvage value of $44,000. The company uses straight - line depreciation . Project A is expected to yield annual net income of $ 23,100 per year for the next five years.
Required:
Compute Project A's payback period.
Payback = amount invested / cash flow
cash flow = net income + depreciation
depreciation = (cost of asset - salvage value) / useful life
(385,000 - 44,000) / 5 = 68,200
Cash flow = 68,200 + $ 23,100 = 91300
$ 385,000 / 91300 =4.2
