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3 years ago

Find out equilibrium price and output for the following market condition.

Business

1 answer:

Ierofanga [76]3 years ago

6 0

Answer:

At equilibrium demand is equal to supply therefore

Qd=Qs

50-2P=3P

By collecting like terms

50=3P+2P

50=5P

P=10

THEREFORE equilibrium price is 10

Explanation:

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History shows that countries used to be concerned only with regulating their own economies. As times have changed, goods, people

aev [14]

Answer: A global economy

Explanation:

A global economy is the term which is refers to the interlink of various types of economical activity across the world and the global economy basically managing the trading system that is known as the globalization.

The main role of the global economy is that it helps in operating the various types of activities in the financial market and also managing the productivity and growth of the economy.

According to the given question, the changes in the economics and regulating the various types of function in the country is basically reflecting the idea of a global economy.

Therefore, global economy is the correct answer.

3 0

4 years ago

Norwood, Inc. purchased a crane at a cost of $80,000. The crane has an estimated residual value of $5,000 and an estimated life

natta225 [31]

Answer:

Depreciation for 2017 = $ 15000.

Explanation:

Asset cost = 80000

residual value = 5000

estimated life = 8 years.

As we know that :

Double declining depreciation = 2 * cost of assets * depreciation rate.

Depreciation rate = 1 / useful life of asset = 1/ 8 = .125 = 12.5%.

Depreciation of 2016 = 2 * 80000 * 12.5% = 20000

Depreciation of 2017 = (80000-20000 = 60000*2*12.5% = 15000)

6 0

3 years ago

Problem 4.1: Emaline Returns If the share price of Emaline, a New Orleans-based shipping firm, rises from $12 to $15 over a one-

Rama09 [41]

Answer:

Yearly rate of return=25%

Monthly rate of return=0.0187%

Explanation:

Given present amount=$12

Given Future amount=$15

Using equation

$F=P(1+i)^{n}$

Where F is the future amount,P is the present amount and is the interest rate.

As n=12 since there are 12 months in the year and if calculate yearly n=1

15=12(1+i)^12

i=0.0187% monthly

8 0

3 years ago

_____ is the amount of money remaining from a firm's sales revenue after it deducts production costs, interest costs, and taxes.

Greeley [361]

The amount of money remaining from a firm's sales revenue after it deducts production costs, interest costs, and taxes is: Profit.

Profit can be defined as the amount of money earned after deducting all expenses.

A business or organization objective is to generate profit, therefore any amount a company earned from the sales of goods and service after deducting all expenses all after deducting all the production cost is called profit.

In another word profit is the revenue generated after paying out all costs such as:

Interest costs

Taxes

Labor costs

Material costs etc

Inconclusion the amount of money remaining from a firm's sales revenue after it deducts production costs, interest costs, and taxes is: Profit.

Learn more about profit here:brainly.com/question/1078746

8 0

2 years ago

1. Brian Brewster sold property to a buyer who paid him $400,000 cash and the buyer assumed Brian’s existing mortgage of $150,00

nalin [4]

Answer:

gain on sale of property = $330,000

so correct option is E) $330,000

Explanation:

given data

sale price = $400,000

existing mortgage = $150,000

property cost = $250,000

improvements = $50,000

Depreciation = $100,000

selling expenses = $20,000

to find out

the amount of gain realized

solution

we find first net sale price that is

net sale price = sale price + existing mortgage - selling expenses ..........1

put here value we get

net sale price = $400,000 + $150,000 - $20,000

net sale price = $530,000

and

net book value of property is

net book value = property cost + improvements - Depreciation ..........2

put here value we get

net book value = $250,000 + $50,000 - $100,000

net book value = $200,000

gain on sale of property is

gain on sale of property = net sale price - net book value of property ..........3

put here value we get

gain on sale of property = $530,000 - $200,000

gain on sale of property = $330,000

so correct option is E) $330,000

3 0

3 years ago

Read 2 more answers