The table contains information on the price per month and the monthly demand and supply of online music streaming subscriptions. Price Quantity demanded (thousands) Quantity supplied (thousands) $ 11.10 550 400 $ 11.30 490 420 $ 11.50 450 450 $ 11.70 400 520 What are the equilibrium price and quantity?
Answers
Qty demanded at $11.60 = 150;Qty supplied at $11.60 = 270;At what price the quantity supplied is equal to 170,000 = $11.20.
The price of a product or service greatly influences the quantity supplied in a market. As prices rise, the incentive for suppliers to produce and offer more of the product increases.
This is because higher prices can lead to higher profits, encouraging businesses to expand production to meet the rising demand and capture increased revenue. Conversely, when prices fall, the motivation to supply the product diminishes, potentially leading to decreased production.
The relationship between price and quantity supplied is often depicted graphically as a positively sloped supply curve, demonstrating the direct correlation between price levels and the quantity of goods or services that producers are willing to provide to the market.
Therefore.
Qty demanded at $11.60 = 150
Qty supplied at $11.60 = 270
At what price the quantity supplied is equal to 170,000 = $11.20
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if you argue for increasing the dues for your social club in order to keep the club solvent, even though some of the members might not be able to afford the increase, you are taking the ______ approach to moral reasoning.
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Answers
When a technological advance lowers production costs, the result is that equilibrium output in this market is c) increased by 60 units.
What is equilibrium output?
A market arrives at an equilibrium output when the aggregate expenditure equals the national income or output.
At the equilibrium output, aggregate demand (consumption and investment) equals aggregate supply or output.
Thus, the correct option that shows the effect on the equilibrium output of a technological advance lowering production costs is Option C.
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The answer is c) increased by 60 units. When there is a technological advance that lowers production costs, it becomes cheaper for producers to produce each unit of the product. This means that they are willing and able to supply more of the product at each price. As a result, the supply curve shifts to the right. The intersection of the new supply curve and the demand curve determines the new equilibrium output. Since the quantity supplied increases by 60 units at each price, the equilibrium output will also increase by 60 units. Therefore, the correct option is c) increased by 60 units.
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chat rooms
stores
workspaces
Answers
>Because of the high advancement of technology, many companies developed virtual stores, including virtual fitting rooms, to mirror he experience of working in the company’s physical environment.
>Digitally enabled commerce creates a highly evolved ecosystems of buying and selling.
The answer is:
Workspaces
People that train to be a pilot or car mechanic usually practice in a virtual workspace.
b. You parents give you a car for your 16th birthday.
c. Your grandmother gives you $13,000 toward college.
d. Your cousin gets a job paying $32,000 a year.
Answers
B) rise, then fall in a predictable fashion.
C) tend to follow trends.
D) cannot be predicted based on past trends
Answers
Answer:
D) cannot be predicted based on past trends
Explanation:
The concept of a "random walk" in stock prices suggests that future stock price movements are not influenced by past price movements. In other words, the movement of stock prices is unpredictable and not tied to any specific pattern or trend. This means that attempting to predict future stock prices based on past trends or patterns would be futile.
Final answer:
Stock prices following a random walk means that they cannot be predicted based on past trends.
Explanation:
The correct answer is D) cannot be predicted based on past trends. When we say that stock prices follow a "random walk," we mean that they move in an unpredictable and random manner, making it difficult to forecast future price movements based on historical data. This concept is based on the efficient market hypothesis, which assumes that stock prices reflect all available information, and any new information that comes out will be randomly incorporated into stock prices.
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Answers
He should take the option one of sales commission of 3.1% on each bond. If he takes the 2nd option, he is required to pay 24$ per bond. But if he takes the ist option, he is required to pay 15.5$ per bond. 88.754 is the market rate. Total investment is of 500$. Multiply the commission rate with the amount and you get 15.5 $. There is a difference of 8.5 dollars between the two options.
The broker will give Pierce the better deal, and by Broker A’s commission will be $10.24 less than Broker B’s.
What is the deal about?
In the question above, the municipal bond with a par value = $500
To find the market value of the bond, it will be:
= x 500
= 443.77
Note that the Commission rate charged by broker A = 3.1%
Therefore, the Commission of broker A will be = x 443.77
= $13.757
The Commission of broker B = $24
Note also that the difference between the commission of broker A and broker B will be:
= 24 - 13.756
= $10.24
Therefore, looking at the above, Broker A's commission will be $10.24 and thus it is less then Broker B's.
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3. There is a contract between two parties/ One party is seeking a greater market share for their product/ A third party knows the contract existsone party is targeting the others' customers/ A third party is inducing another to break a contract). Medtronic is suing for wrongful interference with a _______.
4. Who are the parties to the initial contract?5. _____is the third party who knew about the contract.
6. St. Jude learned about the contract and noncompete clause between Hughes and Medtronic from _____.
7. It is _____that St. Jude intentionally induced Hughes to breach his contract with Medtronic.
8. St. Jude ______before he left Medtronic.
9. What did St. Jude represent regarding the noncompete clause? That it ____enforceable.
10. Was the noncompete clause enforceable? 11. Did it matter if the clause was unenforceable? 12. Based on these facts, does it appear that St. Jude intentionally induced Hughes to break his contract with Medtronic?
13. Is Hughes liable for intentional interference with a contract?
15. Hughes is _______to be held liable for breach of contract.
16. If St. Jude had informed Hughes that the noncompete clause was enforceable and Hughes still left to come to work for them, would St. Jude be liable for intentional interference with a contract?
Answers
Answer:
YES
Because by definition, wrongful interference occurs when one person intentionally damages someone else's contractual or business relationships with a third party causing economic harm
Explanation:
Did wrongful interference occur and if so, which type of wrongful interference occurred?
YES
Because by definition, wrongful interference occurs when one person intentionally damages someone else's contractual or business relationships with a third party causing economic harm
1. There is a contract between two parties/ One party is seeking a greater market share for their product/ A third party knows the contract exists one party is targeting the others' customers/ A third party is inducing another to break a contract.
2. There is a contract between two parties/ One party is seeking a greater market share for their product/ A third party knows the contract exists one party is targeting the others' customers/ A third party is inducing another to break a contract.
3. There is a contract between two parties/ One party is seeking a greater market share for their product/ A third party knows the contract existsone party is targeting the others' customers/ A third party is inducing another to break a contract).
Medtronic is suing for wrongful interference with a contractual business relationship.
4. Who are the parties to the initial contract? Medtronic and James Hughes
5. St. Jude Medical, S.C., Inc is the third party who knew about the contract.
6. St. Jude learned about the contract and noncompete clause between Hughes and Medtronic from James Hughes.
7. It is true that St. Jude intentionally induced Hughes to breach his contract with Medtronic.
8. St. Jude offered James Hughes a job as a sales director at a significant higher salary before he left Medtronic.
9. What did St. Jude represent regarding the non compete clause? That it was not enforceable.
10. Was the noncompete clause enforceable? YES
11. Did it matter if the clause was unenforceable? YES
12. Based on these facts, does it appear that St. Jude intentionally induced Hughes to break his contract with Medtronic? YES
13. Is Hughes liable for intentional interference with a contract? NO
15. Hughes is NOT to be held liable for breach of contract.
16. If St. Jude had informed Hughes that the noncompete clause was enforceable and Hughes still left to come to work for them, would St. Jude be liable for intentional interference with a contract? NO