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Tasya [4]
3 years ago
15

If at a price of $24, Octavia sells 36 home-grown orchids and at $30 she sells 24 home-grown orchids. What is the change in quan

tity demanded?
Business
1 answer:
Ad libitum [116K]3 years ago
3 0

Answer:

12

Explanation:

At the price of $24, the demand is 36

At the price of $30, the demand is 24

change in quantity demanded

= 36-24

= 12

You might be interested in
Crane Corporation recently reported an EBITDA of $29.60 million and net income of $9.7 million. The company had $6.8 million in
vesna_86 [32]

Answer:

$7.88 million

Explanation:

Net Income = (EBITDA- Interest - Dep)*(1-tax)

Net income = 9.7

Earnings before interest, taxes, depreciation and amortization; EBITDA = 29.60

Interest = 6.8

tax = 35% or 0.35

9.7 = (29.60 - 6.8 - Dep)(1-0.35)

9.7 = (22.8 - Dep)*0.65

Divide both sides by 0.65

9.7/0.65 = 22.8- dep

14.9231 = 22.8 -dep

Dep = 22.8 - 14.9231

Dep = 7.8769

Therefore, depreciation and amortization expense is $7.88 million

8 0
3 years ago
If private investment is relatively sensitive to interest rates, then a fiscal expansion financed by government bond sales will:
irga5000 [103]

Answer:

The correct answer is letter "C": raise output by a relatively large amount.

Explanation:

Typically, to boost production in the economy, the government tends to sell securities of its treasury causing the interest rate to fall. Lower interest rate promotes private investments increasing the country's growth. If the investment in that country is sensitive to the interest rate, the output rise is likely to be significant.

5 0
3 years ago
darby writes a check to education loan management inc, that is drawn on darbys account at federal bank. if thr bank does not acc
Aleksandr-060686 [28]
<span>Liability is on Darby because they were the one to write the original check and give it to the education loan management inc. Since the check wasn't accepted they have to take responsibility and liability for the fact that it was not accepted.</span>
5 0
3 years ago
In what ways was the economic prosperity of the 1920s genuine, and in what ways did this prosperity disguise serious economic pr
Elan Coil [88]

Answer:

In what ways was the economic prosperity of the 1920s genuine, and in what ways did this prosperity disguise serious economic problems?

Do you think most people perceived the underlying problems in the economy? Why or why not?

Explanation:

The factors which contributed to the counterfeit prosperity of the 1920s were the abundant availability  of consumer goods; farmers bought plenty of land and farm equipment and produced a large amount of goods for market; the availability of credits and the stock market performance led the people to obtain higher standards of living and leisure time; President Herbert Hoover and other politicians declared that the economy was doing extremely well.

But people realized a dramatic change in the economy, when it went from this apparent prosperity to a severe depression between 1929 and 1932, with the stock market-black tuesday in Oct., 29, 1929, when the farmers-demand for food goes down after WWI, prices went down, farmers over produced, could not pay back loans and land was lost ; loans not paid back caused banks failed, people began spending less on consumer goods  and personal income and debt-income gap between rich and poor increased.

5 0
4 years ago
Which of the following is an indicator of how much output the average person would get if all output were divided up evenly amon
Effectus [21]

Answer:

C. per capita  GDP

Explanation:

Per capita income is the average income earned per person in a country during a specified period of time . It is the measure of a country's Gross domestic products against its total population.

Per capita GDP is a measure of a country's economic output that accounts for its number of people. It divides the country's gross domestic product by its total population.  it a good measurement of a country's standard of living. It tells you how prosperous a country feels to each of its citizens.

It is calculated by dividing the total GDP of a country by its population

therefore going by the question and the explanation given the best possible answer is C. Per capita GDP

5 0
3 years ago
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