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3 years ago

Which of the following best describes the purpose of an Egyptian pyramid?

Business

1 answer:

marishachu [46]3 years ago

6 0

Answer:

C. The pharaoh's burial chamber

Explanation:

The purpose of the Pyramids where for when the Pharaoh were to die they would be wrapped and put in a coffin and placed in the BURIAL CHAMBER will lots of treasures for the afterlife.

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Grannyâs Restaurant sells apple pies. Granny knows that the demand curve for her pies does not shift over time, but she wants to

madam [21]

Answer:

A. Apple Pie Market Not perfectly competitive

B. Demand Curve Equation : q = 8.84 - 0.16p

C. Price Elasticity of Demand : 0.8 , 1.25

Explanation:

A. The Apple pie market is not perfectly competitive because the perfectly competitive market has large no of buyers & sellers, the demand is perfectly inelastic (infinite demand at given constant prices). However in this market , apple pie demand (sales) are responding to price change , so its not perfectly competitive

B. Demand curve is the graphical representation of price, demand. The Demand curve function : q = a - bp ; where q = quantity, p = price, a = autonomous demand , b = represents price demand relationship & is negative because of negative price demand relationship (Law of Demand).

Putting q & p given values : 4 = a - 30b ; 5 = a - 24 b. Solving these two equations for a & b , we get : a = 8.84 , b = 0.16 . So, the demand curve equation becomes : q = 8.84 - 0.16p & plotting this equation , we get demand curve.

C. Price Elasticity of Demand is responsiveness of demand to price change. Formula : %change in demand/ %change in price = ∆Q /∆P X P/Q

P Q

4 30 (*)

5 24 (**)

4.5 27 (***)

Ped (*, **) = ∆Q /∆P X P/Q = (6 / 1) x (4/30) = 0.8

Ped (*, **) = (3 / 0.5) x (4/30) = 0.8

Ped (**, ***) = (3 / 0.5) x (5/24) = 1.25

7 0

3 years ago

Firm A acquires firm B when firm B has a book value of assets of $175 million and a book value of liabilities of $45 million. Fi

Vedmedyk [2.9K]

Answer:

goodwill = $65

Explanation:

given data

book value of assets = $175 million

book value of liabilities = $45 million

actually pays = $195 million

to find out

purchase would result in goodwill

solution

we get here first Value of firm B that is

Value of firm B = Value of Assets - Value of Liabilities .................1

Value of firm B = $175 - $45

Value of firm B = $130

and

goodwill = purchase cost - value of firm's assets .....................2

goodwill = $195 - $130

goodwill = $65

6 0

3 years ago

Suppose romaine lettuce is a normal good. Suppose further incomes in the economy are rising. Everything else held constant, this

LekaFEV [45]

Answer:

Demand for

Increase

Explanation:

A normal good is a good whose demand increases when income rises and whose demand falls when income falls.

So if income is rising, the demand for the lettuce should increase.

I hope my answer helps you

5 0

3 years ago

of inventory can absorb variations in flow rates by acting as a source of supply for a downstream step.

Vanyuwa [196]

Buffer of inventory can absorb variations in flow rates by acting as a source of supply for a downstream step.

<h3>What is a buffer?</h3>

In manufacturing, a buffer is used to account for fluctuations in the production process. Consider a buffer as a means to guarantee that your production line will continue to function normally even if unexpected circumstances arise.

Having enough supplies on hand to ensure smooth operations is one example of a buffer in manufacturing. To help stabilize any fluctuations they encounter with their supply and demand chains, production capabilities, and lead times, manufacturers will often keep inventories of the raw materials and supplies needed for production on hand, as well as occasionally inventories of finished goods awaiting shipment.
Without the proper buffers, manufacturing procedures may sluggish, which would result in more costs and lower profitability.

To know more about buffer with the given link

brainly.com/question/19093015

#SPJ4

8 0

2 years ago

A bond has a market price that exceeds its face value. Which of the following features currently apply to this bond?

Setler79 [48]

Answer: II. premium price

A bond which has a market price higher than its face value is said to be trading on a premium price. Which means that people are willing to pay more to buy the bond.

IV. yield-to-maturity that is less than the coupon rate

This is also correct because a bond sells higher than its face value when the yield to maturity also known as the bonds internal rate of return is lower than the coupon rate, which means that the bond is paying higher coupons than it needs to attract investors, and because of this investors are willing to pay a premium on it.

Explanation:

8 0

3 years ago