What does gaslighting mean?

If demand increased by 100 units at each price level, and the government set a price ceiling of $40, then there will be

mel-nik [20]

Answer:

no surplus or shortage

Explanation:

Equilibrium price is the price at which quantity demand equal quantity supplied. Above equilibrium price there is a surplus - quantity supplied exceeds quantity demanded.

Below equilibrium price there is a shortage - quantity demanded exceeds quantity supplied

If demamd increases by 100, new equilibrium is 40

Thus, ceiling price equal equilibrium

Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.

Effects of a binding price ceiling

It leads to shortages

it leads to the development of black markets

it prevents producers from raising price beyond a certain price

It lowers the price consumers pay for a product. This increases consumer surplus

4 0

3 years ago

The Windshield division of Fast Car Co. makes windshields for use in Fast Car’s Assembly division. The Windshield division incur

fgiga [73]

Transfer price is an alternative term of opportunity cost.

$ 289.66 is the transfer price can be utilized for transport costs, loading and unloading costs, and administrative costs

solution

Transfer cost is the Total opportunity cost of moving an item from one place to another, including transport costs, loading and unloading costs, and administrative costs. Transfer price is an alternative term of opportunity cost.

Total variable cost = 740,000× $220 = 162,800,000

Total fixed cost = $3,950,000

Total selling cost = 740,000 × $515 = $381,100,000

Transfer cost = (selling cost - (variable cost + Fixed cost )

= ($381,100,000- ($162,800,000 + $3,950,000) = $214,350,000

$($381,100,000- ($162,800,000 + $3,950,000) = $214,350,000$

Transfer price = $214,350,000 ÷ 740,000 units = $ 289.66

$Transfer price = $214,350,000 ÷ 740,000 units = $ 289.66$

4 0

3 years ago

Jessica isn't invited to a super bowl party her co-workers are throwing, simply because she's a woman. jessica is experiencing _

Dafna11 [192]

Jessica is experiencing sexism from her coworkers.

4 0

4 years ago

Miller Company has the following account balances, extracted from its multiple-step income statement for the current year.

Maksim231197 [3]

Answer:

Net Sales = $100,100

Sales Return and allowances = $4,500

Net income = $33,700

Explanation:

Cost of goods sold 48,200

Gross Profit 51,900

Net Sales 100100

Sales Return and allowances = Sales - Net sales- Sales discounts = 107800-100100-3200 = 4500

Selling Expenses = Total operating expenses - General and Administrative Expenses = 18200 - 10400 = 7800

Net income = Gross profit - Total operating expenses

=51900-18200

= 33700

4 0

4 years ago

Alice and bob each have a certain amount of money. if alice receives $n$ dollars from bob, then she will have 3 times as much mo

nata0808 [166]

Let x =Alice’s original amount of money,

y = Bob’s original amount of money

And n = the dollars they are referring to

So, the equation are:

If Alice receives dollars from Bob, then she will have 3 times as much money as Bob,

x + n = 3(y - n)

x +n = 3y – 3n

x = 3y-3n-n

x = 3y – 4n

And if Alice give dollars to Bob, the she will have 2 times as much money as Bob,

x – n = 2 (y +n)

x – n = 2y + 2n

x = 2y + 2n + n

x = 2y + 3n

As, x = x

So, 3y – 4n = 2y + 3n

3y = 2y + 3n + 4n

3y – 2y = 3n + 4n

Y = 7n

Find x in terms of n also,

x = 2y + 3n, replace y with 7n

x = 2(7n) + 3n = 14n + 3n

x = 17n

If neither gives the other any money, the ratio of the amount of money Alice has to the amount Bob has = x/y

Replace x and y with their values, x = 17n and y = 7n

= 17n / 7n

The ratio is 17:7

7 0

4 years ago