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statuscvo [17]
2 years ago
14

Which of the following statements is correct?

Business
1 answer:
artcher [175]2 years ago
3 0

Answer: It is reasonable to assume that a profit-maximizing firm will never operate in the inelastic portion of its demand curve.

Explanation:

It should be noted that a firm that profit maximizing will not operate in the inelastic portion of its demand curve because at that point, the firm isn't maximizing profit.

When there's an inelastic demand, an increase in price will bring about a less than proportionate reduction in the quantity of the goods that's demanded. In such case, if the firm operates at the inelastic portion of its demand curve, when it increases price, this will lead to a reduction in income and profit will not be maximize.

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1. What is the maturity value of P12,500 if it is invested at 15% simple interest for 250 days using ordinary interest?
hram777 [196]

Answer:

$13,784.25

Explanation:

Simple interest = P x R x T

(P12,500 x 15 × 250) / 100 × 365 = $1284.25

Value = $1284.25 + P12,500 = $13,784.25

I hope my answer helps you

8 0
2 years ago
Suppose that the price of a bottle of soda is $1 each. Larry is willingto pay $2 for the first bottle, Alan is willing to pay $1
gayaneshka [121]

Answer:

The answer is: D) $1.75

Explanation:

Consumer surplus is the difference between the maximum price that a consumer is willing to pay for a good and the actual price paid for the good.

Larry, Alan and Ryan were all willing to pay more for a bottle of soda than the actual price of the soda.

  • Larry's consumer surplus = $2 - $1 = $1
  • Alan's consumer surplus = $1.50 - $1 = $0.50
  • Ryan's consumer surplus = $1.25 - $1 = $0.25

The total consumer surplus is $1 + $0.50 + $0.25 = $1.75

4 0
3 years ago
Equipment is a(n) _____________ account. It is reported on the _____________ side of the accounting equation and is ____________
Stella [2.4K]

Answer:

Equipment is an _asset__ account. It is reported on the _left_ side of the accounting equation and is __increased__ when equipment is purchased

Explanation:

Buying more Equipment is an asset to company in the sense that it helps in boosting the company production output and in turn generating more profit. It is reported on the left side of the company accounting equation. The aggregate equation increases as the number of equipment purchase increases.

3 0
3 years ago
You purchased 100 shares of IBM common stock on margin at $130 per share. Assume the initial margin is 50%, and the maintenance
N76 [4]

Answer:

$46.43

Explanation:

Calculation for Below what stock price level would you get a margin call

First step is to calculate the Loan amount

Loan amount=(100 shares × $130 × 0.5

Loan amount= $6,500 × 0.5 = $3,250

Now let calculate Stock price level

0.30 = (100P $3,250)/100P

30 - P = 100P - $3,250

30-100P= - $3,250

-70P = -$3,250

P=$3,250/70

P = $46.43

Therefore Below what stock price level would you get a margin call will be $46.43

7 0
2 years ago
Which of the following is an example of a negative externality?a. bad weather reduces the size of the wheat cropb. a reduction i
wlad13 [49]

Answer:<em> Negative externality is defined as the cost that is incurred by a individual who isn't involved in the economic transaction.</em>

In the above question, the following is the example of negative externality: <u><em>smoking harms the health of nonsmokers who are nearby.</em></u>

Here, the cost is incurred by the nonsmokers who are standing nearby individuals who prefer smoking. Thus creating negative externality.

<u><em>Therefore, the correct option is (c)</em></u>

7 0
3 years ago
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