Answer:
(a)
The equilibrium price is $75 per club
The equilibrium quantity is 75000 clubs
(b)
A charge a price of $50 per club. This would result in a surplus of 25000 clubs
Explanation:
Given
--- The demand function
--- The supply function
Solving (a): The equilibrium price and quantity
To do this, we equate both functions
This gives:
Collect like terms
Make P the subject
---The equilibrium price
Substitute 75 for P in
---- The equilibrium quantity
Solving (c): When the price is changed to $50
This means that: 
The quantity demanded will be:
Subtract the equilibrium quantity from to get the shortage/surplus
<em>Since the change is positive, then there is a surplus.</em>
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Answer:
The correct statement is A firm can show a large amount of retained earnings on its balance sheet yet need to borrow cash to make required payments.
Explanation:
As the team works together, Carol plays a diversity manager role, diffusing conflicts and helping everyone feel welcome to contribute ideas.
<h3>Diversity and Inclusion Manager responsibilities </h3>
Designing company policies that reinforce diversity in the workplace, address all kinds of harassment, and protect minority groups. Training hiring managers and HR staff on how to select, manage, evaluate and retain diverse employees.
Diversity and inclusion managers need to be:
- Excellent communicators and active listeners.
- Familiar with employment regulations and human resources standards of practice.
- Organized and dedicated to researching and implementing inclusive programs.
- Skilled in conflict mediation.
- Familiar with institutional psychology.
To learn more about diversity manager visit the link
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Answer:
2,558,000 bottles
Explanation:
The formula for computation of the purchase is:
Purchase in units = Usage + Desired ending material inventory units − Beginning inventory units.
In format that will be:
Beginning inventory 54,000
Plus: Purchases.........2,558,000
Less:ending inventory <u>77,000</u>
Required For Use......<u>2,535,000</u>
Hence the number of bottles to be purchased in 2018 is 2,558,000
Answer:
<u>Incidental</u> damages
Explanation:
In a situation where an employer doesn't fulfill a contract agreement with an employee, just like in the question above, where Jeremiah was unfairly terminated before his employment contract expired, he has the right to collect "damages" which is legal compensation for financial losses caused by the termination of his employment contract before it expired. Incidental damage is the answer because Jeremiah incurred expenses where he had to spend $500 to find another job as a result of the employer's breach of the contract.
