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Anvisha [2.4K]
3 years ago
7

Both friends agree that the demand and supply for hybrid cars will increase. For each of the following situations, determine whe

ther the demand curve or the supply curve increases by dragging the item to the appropriate category.
Business
1 answer:
PSYCHO15rus [73]3 years ago
6 0

Answer:

see below

From online search the situations as a below:

a. The government gives consumers a subsidy to buy hybrid cars.

b. More automobile producers start producing hybrids.

c. The price of non-hybrid cars falls.

d. The price of batteries for hybrid cars rises.

e. Gasoline prices rise.

Explanation:

A) A subsidy would result in consumers paying less than they would ordinarily pay. A government subsidy is equivalent to a reduction in price for consumers. A decline in prices increases demand. The demand curve increase.

b). should more producers start manufacturing hybrid vehicles, it will increase the number of vehicles available for customers to buy. More producers result in more output, which is an increase in supply. The supply curve increases.

c). Non-hybrid cars are substitutes goods for hybrid vehicles. If the price of non-hybrid cars falls, their demand will increases. Consequently, the demand for hybrid cars reduces. Both The demand curve and supply curve will not increase.

d). An increase in battery price will increase the overall cost of producing hybrid cars. An increase in production cost results in a price rise. Consequently, it reduces the demand for hybrid cars.

Both the demand and curve curves will not increase.

e). Hybrid cars consume less gasoline compared to non-hybrid cars. An increase in gasoline price will make non-hybrid cars less desirable but will increase the demand for hybrid cars. The demand curve for hybrid cars increases.

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3 0
3 years ago
Wireless communications is likely to be viewed as an essential part of an enterprise network infrastructure when:
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4 0
3 years ago
A creamery shop sells its special ice cream for $4.50 a quart. It costs them $3.00 a quart to make it. The daily demand for this
jenyasd209 [6]

Answer and Explanation:

The computation of the service level and the corresponding optimal stocking level is shown below:

Given that

Selling price = SP = $4.50

Cost price = CP  = $3.00

So,

Salvage value =  V  = $1.50

Average daily demand (d) = 35 quarts

The  standard deviation of daily demand  = 4 quarts

based on the above information

Overage cost = (Co) is

= CP - V

= $3.00 - $1.50

= $1.50

Now

Underage cost= (Cu)

= SP - CP

= $4.50 - $3.00

= $1.50

So,  

Service level is

= Cu ÷ (Co + Cu)

= 1.50 ÷ (1.50 + 1.50)

= 1.50 ÷ 3.00

= 0.50

= 50%

Now

At 50 % service level, the value of Z is 0

So,

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7 0
3 years ago
Pam exchanges a rental building, which has an adjusted basis of $520,000, for investment land which has a fair market value of $
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Answer: Option "d" $280000 and $700000.

Explanation:

Option “d” is correct because the recognized gain is $280,000.  Pam exchanges a building that has adjusted worth $520000 for the land which has a value of $700000. Thus, at this point, Pam is making a profit of (700000 - 520000) = $180,000. Moreover, he receives additional cash of $100,000. So, total gain by Pam is $180,000 + $100000 = $280,000. However, the tax basis of land refers to the fair market value at which it was acquired. So, it will be $700000.

8 0
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In California, Arthur wants to personally place business with RTS Insurance Company who is a nonadmitted carrier. The only way A
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Answer

Professional ethics and code of conduct regulation

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California Professional code of conduct for insurance agent does not permit unethical placement, as the regulator view such as fraudulent practices.

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