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VashaNatasha [74]
3 years ago
5

Suppose that due to more stringent environmental regulation it becomes more expensive for paper production firms to operate. Als

o, recent technological advances in digital use have reduced the demand for paper products. Use Supply and Demand analysis to predict how these shocks will affect equilibrium price and quantity of paper. Can we say with certainty that the market price for paper will fall
Business
1 answer:
Kobotan [32]3 years ago
3 0

Answer:

We cannot say with a certainty that the market price of paper would fall

equilibrium quantity falls and there is an indeterminate effect on equilibrium price

Explanation:

As a result of the regulation, the supply of paper would reduce. this would lead to a leftward shift of the supply curve. Price increases and quantity falls

As a result of the technological advances, the demand for paper reduces. this would lead to a leftward shift of the demand curve. Price and quantity falls

Taking these two effects together, equilibrium quantity falls and there is an indeterminate effect on equilibrium price

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Say, 3 customers enter a store. On the basis of past experience, the store manager estimates the probability that any one custom
vaieri [72.5K]

The probability that two of the next three customers will make a purchaseis mathematically given as

P(1) =0.441

<h3>What is the probability that two of the next three customers will make a purchase?</h3>

Generally, the equation for Probablity is  mathematically given as

A)

P(1) = 3 C 1 (0.3)^1 (0.7)^2

P(1) =0.441

B)

n=1000

E (x) =np = 1000x0.3

E (x) =3.00

C)

Variance= mpq

Variance= 300 x0.7

Variance= 210

In conclusion,

P(1) =0.441

E (x) =3.00

Variance= 210

Read more about probability

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4 0
2 years ago
Item 3Item 3 Cutter Enterprises purchased equipment for $87,000 on January 1, 2018. The equipment is expected to have a five-yea
Rus_ich [418]

Answer:

$27,400 and $59,600

Explanation:

The computation of the depreciation expense and the book value using the sum of-the-years'-digits method is shown below:

Depreciation expense is

= (Purchase cost - residual value) × useful life ÷ sum of years

= ($87,000 - $4,800) × 5 years ÷ (5 + 4 + 3 + 2 + 1)

= $27,400

And, the book value is

= Purchase cost - depreciation expense

= $87,000 - $27,400

= $59,600

8 0
3 years ago
Do you think it is possible for an outsider to accurately discern about the underlying cultural values of an organization by ana
Rudiy27

Answer:

From the given variables, an outsider might be able to understand roughly 35% of the organization's culture.

Explanation:

Culture is ultimately a state of mind, a mode of perception and a collective conscious.

Symbols, Ceremonies, dress and other observable aspects of culture reflects a certain degree of the internal culture, yet to understand it full, it is vital to observe the human behavior and the inter relationships within the organization.

Moreover, the power distance between ranks, distribution of authority and responsibilities, reward systems, means of communication and organizational goals  also influences  the culture within a company. These aspects are difficult for an outsider to see as they do not stay inside and get exposed to the internal environment of the organization.

5 0
4 years ago
Which of these statements about a business plan is true?
MA_775_DIABLO [31]

True statement for a business plan among following :

(C)Business Plan Provide Road map for future plan  true statement for a business plan .

A business plan is a written description of your business's future. That's all there is to it--a document that describes what you plan to do and how you plan to do it.

Explanation:

A business plan can help to direct business for its future and avoid bumps in the road. A Business Plan series provides detailed instructions for working through each section of the business plan.

Although Business plan doesn't guarantee success but provide detailed financial projections, forecasts about your business's performance, and a marketing plan that may help to achieve business goals.

6 0
3 years ago
Read 2 more answers
Suppose you have a linear integer optimization problem. You solve the problem as a linear optimization problem by ignoring the i
GalinKa [24]

Answer:

Option(A) is the correct answer to the given question .

Explanation:

The integer programming problem is also known as the computational optimization or the functionality method that main objective to limits the some or many of the parameters may be integer. The objective of linear  optimization problem to make the objective function as well as integer constraints linear .

  • The integer programming problem conclusively specify of the optimised solution to the issue of the integral optimisation.
  • All the other option are not correct for the linear integer optimization problem because they are not  give objective function as well as integer constraints as linear .
8 0
4 years ago
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