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Luda [366]
3 years ago
11

In a small town of 3,000 people, the number of car washes has grown from two to five in the last two months. which result will l

ikely occur?
Business
1 answer:
vlada-n [284]3 years ago
7 0
The simple answer I can see is a perfect/regular market structure as there is a substantial buyer to seller ratio. This is assuming that the worker or machinery at the car wash is efficient.
You might be interested in
The High Towers Center is a 300-room hotel that was built ten years ago for a total project cost of $24,000,000. The market valu
bagirrra123 [75]

Answer:

$80

Explanation:

The computation of the price of a room night is given below:-

Investment made = $24,000,000

Return required at $1 per 1,000 = $24,000

Number of rooms = 300

Price of Room rent =  Return ÷ Number of rooms

= $24,000 ÷ 300

= $80

Therefore for computing the room price of room rent we simply divide the number of rooms by return required.

7 0
3 years ago
Your annual salary is $100,000. You are offered two options for a severance package. Option 1 pays you 6 months' salary now. Opt
kotegsom [21]

Answer:

Option 1 is more convenient.

Explanation:

Giving the following information:

The annual salary is $100,000. You are offered two options for a severance package. Option 1 pays you 6 months' salary now. Option 2 pays you and your heirs $6,000 per year forever

The present value of option 1 is:

PV= 6*100,000= $600,000

To calculate the present value of option 2 we need to use the present value formula of a perpetual annuity:

PV= Cash flow/i

PV= 6,000/0.11= $54,545

There is no doubt that option 1 is better.

7 0
3 years ago
Suppose you own 5% of Coastal Corporation's 400,000 outstanding common shares. The stock was trading for $135 per share before C
Elan Coil [88]

Answer:

number of share 30,000 share

price per share = $90

Explanation:

given data:

investor's share = 5%

outstanding share =400,000

stock split = 3/2

number of share after spliting = investor share* outstanding share* stock split

                                                  = 5%*400,000*(3/2)

                                                   = 30,000 share

per share price can be determined by using following relation:

price\  per\  share =\frac{ outstanding\  share*\  trading\ price * investor's\  share}{ number\  of \ share\  after \ splittg}

                             = \frac{40000 *135*0.05}{30000}

                               = $90

3 0
3 years ago
Select the things are considered psychological influences on the purchase decision process?
alukav5142 [94]

The things are considered psychological influences on the purchase decision process:

  • learning
  • value
  • beliefs
  • attitudes

<h3>What is referred to as the purchase decision?</h3>

This is the term that is used to refer to all of the ways that the person that would have to use a product would end up getting the product that they want to fulfill a particular need. It is what can be used to describe the drivers of their purchases.

In the stage of making a purchase decision. the person that is the consumer would have formed the intention that they want to buy a particular brand of product. This is the fourth stage that is is the consumer decision process.

Hence we can say that the things are considered psychological influences on the purchase decision process:

  • learning
  • value
  • beliefs
  • attitudes

Read more on purchase decision here: brainly.com/question/7029808

#SPJ1

8 0
10 months ago
Policymakers sometimes propose laws requiring firms to give workers certain fringe benefits, such as health insurance or paid pa
zimovet [89]
I would say that the effects of such positive benefits as health insurance or paid parental leave will make the workplace much more attractive and cause a big rush to obtain employment at such places. It is well to remember that without the sacrifice of labour unions including jailings, beatings and even deaths these benefits would not be there ie they would not come just out of the goodness of someone's heart.
5 0
3 years ago
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