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irinina [24]
2 years ago
5

When companies like Uber and Lyft join the ride-share market, what would we most likely expect to see cab drivers do to their pr

ices
Business
1 answer:
Rainbow [258]2 years ago
6 0

We would most likely expect to see cab drivers reduce their prices.

<h3>Why would cab drivers reduce their prices?</h3>

When Uber and Lyft join the ride-share market, there would be an increase in the supply of cab drivers. As a result, the supply curve for cab drivers would shift to the bright. This would increase equilibrium quantity and reduce equilibrium price.

Please find attached a curve that depicts an increase in supply. To learn more about supply, please check: brainly.com/question/14727864

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Wyatt Oil presently pays no dividend. You anticipate Wyatt Oil will pay an annual dividend of $0.56 per share two years from tod
erastovalidia [21]

Answer:

The value of a share of Wyatt Oil today is %6.25.

Explanation:

Value after of a share year 2 = (D2*Growth rate)/(Cost of capital-Growth rate)

                        = (0.56×1.04)/(0.12-0.04)

                       = $7.28  

the current value = Future dividends×Present value of discounting factor(12%,time period)

=0.56/[(1.12)^2] + 7.28/[(1.12)^2]

= $6.25

Therefore, the value of a share of Wyatt Oil today is %6.25.

5 0
3 years ago
Clybourne Cycle Shop has two retail departments referred to as Cycles and Clothing. Utility expense for a recent month totaled $
Gelneren [198K]

Answer:

A) $1,200

Explanation:

The computation of the allocated amount to the clothing department is shown below:

= Total utility expense × Clothing Department square feet ÷ Total square feet

where,

Total square feet would be

= Clothing Department square feet + Cycles department square feet

= 600 + 900

= 1,500

And, the other items values would remain the same

Now put these values to the above formula  

So, the value would equal to

= $2,000 × 900 ÷ 1,500

= $1,200

3 0
2 years ago
Western Company allocates $10 overhead to products based on the number of machine hours used. The company uses a plantwide overh
Makovka662 [10]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Western Company allocates $10 overhead to products based on the number of machine hours used.

Estimated: Department 1 Department 2

Manufacturing overhead costs $270,000 $170,000

Machine hours 17,000 MH ________MH

To calculate the number of machine-hours for Department 2, we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

10= 440,000/(17,000 + MH)

10*(17,000 + MH)= 440,000

170,000 + 10MH = 440,000

10MH = 270,000

Machine hours dept 2= 270,000/10= 27,000

6 0
3 years ago
Just as important as having the internal post-project meetings within the project organization is having a post-project evaluati
Paul [167]

Answer:

Yes, If not more important than the internal post-project meetings.

Explanation:

The end of the execution phase of a project is not actually the completion of a project because there must be verification by both the executioner company and the customer or sponsor who awarded the project.

The verification of whether the execution of the project was done according to pre-execution standards set in the project planning phase in terms of 'project scope' 'project time' and 'project cost' will have to be done by the company as a way of self-assessment but ultimately by the sponsor. It is arguable that the sponsor is the stronger voice in the project execution assessment stage because 'he who pays the piper dictates the tune'.

The reasons why such post-project evaluation meeting with the customer is important is that:

1. Project Scope: The customer has to certify that the benefits to be delivered by the project are actually been delivered, which is the reason why the project was awarded in the first instance.

2. Project Time: The customer will have to agree that the project has been carried out within the agreed time-frame, and there will be no penalties for delay in execution of the project. Penalties for time-delay in project execution could carry significant consequences as the customer could trigger the liquidated damages clause in the contract.

Project Cost: Another point of consideration is whether or not the project has been done within budget.

All of these considerations have to be made between both parties before a successful project handover.

4 0
2 years ago
What are the requirements for becoming a judge in Louisiana? Check all that apply. The person must have resided in the district
Harrizon [31]

Amendment requires that due process of law be applied to all citizens. Congress can create new laws and requirements. Through the due proces clause, state governments become bound by the Bill of Rights.

7 0
3 years ago
Read 2 more answers
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