Answer:
As a result of the political unrest in Libya, the supply of oil would fall, As a result the supply curve would shift to the left. This would lead to fall in equilibrium quantity and a rise in price.
The increased demand for oil would shift the demand curve to the right. The equilibrium price and quantity would increase
Taking these two effects together, equilibrium price would rise and there would be an indeterminate effect on equilibrium quantity
Please check the attached image for a graph showing these shifts
b. As a result of the change in supply, supply would increase. This would increase equilibrium quantity and equilibrium price would fall. in addition with the increase in demand for oil, equilibrium quantity would rise and there would be an indeterminate effect on equilibrium quantity
Explanation:
The prize is really worth $1,006,512.21.
<h3>What is present value?</h3>
Present value is the sum of cash flows discounted at the rate of interest or the discount rate. The annual cash flows for the next 10 years = $1.5 million / 10 = 150,000
The present value can be determined using a financial calculator
Cash flow from year 1 to 10 = $150,000
Discount rate = 8%
Present value = $1,006,512.21
Here is the complete question: You win a lottery with a prize of $1.5 million. Unfortunately the prize is paid in 10 an¬nual installments. The first payment is next year. How much is the prize really worth? The discount rate is 8 percent.
To learn more about present value, please check: brainly.com/question/25748668
Answer:
1. Dividends = It will be classified as <u>dividends.</u>
2. Rent Revenue = It will be classified as <u>revenues.</u>
3. Advertising Expense = It will be classified as an<u> expense.</u>
4. Stock holders pay cash into business = It will be classified as <u>Issuance of stock.</u>
<u></u>
Dividends are the share of revenue distributed to stockholders.
Revenues are income earned by the company.
Expense are the outflow of cash or bank payments for running the business.
Issuance of stock refers to collection of money by the company through issuing equity or preference shares.
Answer:
X (the variable on the horizontal axis) will increases by 2.
Explanation:
The slope of a straight line is -3. So, m=6.
Slope of a straight line is
![m=\dfrac{Rise}{Run}=\dfrac{\text{Change is y}}{\text{Change in x}}](https://tex.z-dn.net/?f=m%3D%5Cdfrac%7BRise%7D%7BRun%7D%3D%5Cdfrac%7B%5Ctext%7BChange%20is%20y%7D%7D%7B%5Ctext%7BChange%20in%20x%7D%7D)
Y (the variable on the vertical axis) decreases by 6.
Change is y = -6
We need to find the change in (the variable on the horizontal axis).
Substitute the given values in the above formula.
![-3=\dfrac{-6}{\text{Change in x}}](https://tex.z-dn.net/?f=-3%3D%5Cdfrac%7B-6%7D%7B%5Ctext%7BChange%20in%20x%7D%7D)
![\text{Change in x}=\dfrac{-6}{-3}](https://tex.z-dn.net/?f=%5Ctext%7BChange%20in%20x%7D%3D%5Cdfrac%7B-6%7D%7B-3%7D)
![\text{Change in x}=2](https://tex.z-dn.net/?f=%5Ctext%7BChange%20in%20x%7D%3D2)
Note: All options are incorrect.
Therefore, X (the variable on the horizontal axis) will increases by 2.
Answer:
$3,130,000
Explanation:
Net operating income = Total revenue - Total cost
Total revenue = price x quantity = $9,500 x 400 = $3,800,000
Total cost = $670,000
Net operating income = $3,800,000 - $670,000 = $3,130,000
I hope my answer helps you