1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Diano4ka-milaya [45]
2 years ago
13

Read the graph. What is the equilibrium price?

Business
1 answer:
Arisa [49]2 years ago
5 0

Answer:

$1.00

Explanation:

The equilibrium price is the prevailing market price represented by the intersection of the demand and supply curve. At the equilibrium price, the quantity demanded and quantity supplied match. It means that there are no shortages or excesses in demand or supply at the equilibrium price.

From the graph, $1 is the equilibrium price. It is the intersection of demand and supply curves.

You might be interested in
SME Company has a debt-equity ratio of .57. Return on assets is 7.9 percent, and total equity is $620,000. a. What is the equity
PtichkaEL [24]

Answer:

(i) 1.57

(ii) 12.40%

(iii) $76,898.60

Explanation:

Debt-equity ratio = debt/equity

Hence debt= 0.57 equity

= (0.57 × 620000)

= $353,400

Total assets = debt + equity

                     = (353400+620000)

                    = $973400

1. Equity multiplier = Total assets ÷ Equity

                               = $973,400 ÷ 620,000

                               = 1.57

3.  ROA = net income ÷ Total assets

net income = ($973,400 × 0.079)

                    = $76,898.60

2. ROE = net income ÷ Total equity

= $76,898.60 ÷ 620,000

= 12.40%(Approx).

7 0
3 years ago
What statement about pawn shops is correct?
Gnom [1K]
The correct answer for the question that is being presented above is this one: "B. A pawn shop has lower interest rates than banks." The statement about a pawn shop that is correct is this one: <span>B. A pawn shop has lower interest rates than banks.</span>
6 0
3 years ago
If equilibrium is achieved in a competitive market the deadweight loss will equal the sum of consumer surplus and producer surpl
marysya [2.9K]

Answer:

there is no deadweight loss.

Explanation:

In a perfect competition, there are many buyers and sellers of homogeneous products, and there is free entry and exit in the market.

This simply means that, in a perfectly competitive market, there are many buyers and sellers (price takers) of homogeneous products (standardized products with substitute) and the market is free (practically open) to all individuals or business entities that are willing to trade all their goods and services.

Generally, a perfectly competitive market is characterized by the following features;

1. Perfect information.

2. No barriers, it is typically free.

3. Equilibrium price and quantity.

4. Many buyers and sellers.

5. Homogeneous products.

Examples of a perfectly competitive market are the Agricultural sector, e-commerce and the foreign exchange market.

Hence, if equilibrium is achieved in a competitive market then, there is no deadweight loss i.e a loss of economic efficiency due to a lack of balance in competing economical influences for goods or services.

4 0
3 years ago
Pls help!!! will give brainly!!!!
vovangra [49]
A company that makes and sells railway cars looking for a representative and I know this because it is the best fit for his skills
3 0
3 years ago
Read 2 more answers
In mid-2015, Qualcomm Inc. had $13 billion in debt, total equity market value of $87 billion and an equity beta of 1.41. Include
lesya692 [45]

Answer:

A) Qualcomm's enterprise value= $95 billion

B) Asset Beta of Qualcomm’s business = 1.29

C) Qualcomm's WACC= 7.931%

Explanation:

The question relates to Capital asset pricing model (CAPM) which is used to calculate the required return from an investment given the level of risk associated with the investment. Now there are many risk that the level of cash flows and hence the required return from an investment such as systematic and unsystematic risks, business and finance risks etc.

The requirements of the question are as follows:

a)What is Qualcomm’s enterprise value?

b)What is the beta of Qualcomm’s business assets?

c)What is Qualcomm’s WACC?

The first two requirements will help us compute requirement C so we begin solving it form A as follows:

A) Qualcomm's enterprise value= ve- vd +va

ve= value of equity

vd= value of debt

va= value of asset

Qualcomm's enterprise value= $87b - $13b +$21b

Qualcomm's enterprise value= $95 billion

B) Beta of Qualcomm’s business assets:

Now beta is an index used to measure systematic risks (risks posed by macro-economic factors such as tax, interest rates etc). There are two beta indexes, asset beta and equity beta. Asset beta measures business risks only and equity beta measures both business and finance risks. In the question we already have equity beta so we need to calculate asset beta in order to compute Qualomm's WACC.

ba = be× ve/enterprise value

ba = asset beta

be= equity beta

ba= 1.41× $87÷$95

Beta of Qualcomm's business= 1.29

C) Qualcomm’s WACC:

The formula is as follows:

Ke= Rf + (market premium)× ba

ke = WACC

Rf= risk free rate of interest

ba= asset beta

ke= 2.9% + (3.9% ×1.29)

ke/WACC= 7.931%

8 0
3 years ago
Other questions:
  • It becomes particularly urgent for a company to consider diversification when there are
    9·1 answer
  • A group of medical doctors are interested in incorporating their business. there is no advantage due to the costs involved. fals
    9·1 answer
  • The 9 digit number that identifies the bank that a check came from is called?
    11·2 answers
  • Dali Company has 15,000 shares of stock authorized on January 1. Dali issues 4,500 shares to the stockholders during the year an
    14·1 answer
  • The total consumer surplus for good X can be calculated in all ways EXCEPT as:
    14·1 answer
  • Demonstrate the required adjusting entry needed to record a $1,000 note receivable collected by the bank by choosing the correct
    5·1 answer
  • Help me out with this question please ​
    5·1 answer
  • The use of sharp, temporary price cuts as a form of _________________ would enable traditional US automakers to discourage new c
    8·2 answers
  • Joy is taking out a car loan which she will pay back with interest. Which option will require her to pay the lowest amount in in
    5·1 answer
  • Mr. Liu turns 65 on June 19. He has never previously qualified for Medicare so his first Medicare eligibility date will be by Ju
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!