If the price is raised to $7, what would be the result in the market place? (Surplus, Shortage, or Equilibrium).

Answers

Answer 1
Surplus
Because the price is rising.

Related Questions

You shouldn't take your investments out early. What do you think are some consequences of taking money out of your retirement early?

Answers

Answer:

You could trigger a higher tax bill.

You may have to pay a penalty.

Your request might be denied.

The withdrawn funds won't earn interest.

The distribution might not be protected from creditors.

Explanation:

Company A and Company B are each telecommunications manufacturers. Both companies manufacture the same products, and they make their decisions based on the other's actions. Both companies are considering opening retail outlets to increase their profits. The payoff matrix shows the profits of the companies in millions of dollars if they choose to open retail outlets. Company B Company A Retail outlets No retail outlets Retail outlets $25, $25 $30, $15 No retail outlets $35, $35 $34, $20 The government imposes a new $5 million tax to open retail outlets. What is the expected outcome of the new payoff matrix, given the tax

Answers

Given the tax, the Nash equilibrium is for company A to not open retail outlets and for company B to open retail outlets, according to the revised payoff matrix.

What is a payout matrix, and how does it work?

It should be noted that a payout matrix is simply a method of expressing the outcome of the players' choices in a game.

Following the tax, the following will be the new payout matrix: Retail (25, 20). (15, 25, 25)

There will be no retail (30, 35) (20, 34)

Nash equilibrium has been reached.

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Consumers have the right to choose from numerous products in a competitive marketplace. Who suffers when there is less competition? A. business B. consumers C. government​

Answers

Consumers because they have right to choose

To effectively run her company, machi applies the ________, a management style the views her firm as an interdependent collection of departments, and as a single institution that interacts with suppliers, distributors, competitors, and customers.

Answers

To effectively run her company, machi applies the Systems viewpoint, a management style.

What is Systems viewpoint management style?

Systems viewpoint can be defined as a management style that enables an employee to see the firm as an interdependent  collection or parts that help to effectively communicate or interact with distributors, suppliers etc.

Therefore to effectively run her company, machi applies the Systems viewpoint, a management style.

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The amount of joint costs allocated to product X using the sales value at split-off method is (calculate all ratios and percentages to 4 decimal places, for example 33.3333%, and round all dollar amounts to the nearest whole dollar):

Answers

The amount of joint costs allocated to product X using the sales value at the split-off method is D. $67,606.

What are joint costs?

In manufacturing industries with multiple products, some joint costs can be incurred for the multiple products.

Under this situation, it is at the split-off point, that the costs can be separately attributed to single products.

Question Completion and Calculations:

Product       Units Produced   Sales Value     Sales Value          Additional

                                                at Split Off    Further Processing      Costs

X                       6,000              $ 40,000            $ 80,000             $1,200

Y                       3,000                  15,000                40,000              3,000

Z                        1,000                  16,000               30,000               1,500

Total               10,000               $ 71,000           $ 170,000            $5,700

Joint production costs for the year were $120,000.

Join costs allocated to Product X = $67,606 ($40,000/$71,000 x $120,000)

Answer Options:

A. $25,352.

B. $20,341.

C. $33,687.

D. $67,606.

Thus, the amount of joint costs allocated to product X using the sales value at the split-off method is D. $67,606.

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sold goods costing 10000 to mahesh for 8000​

Answers

Answer:

answer is 2000

Explanation:

The goods is worth 10000 while it was sold for a low price as 8000

10000-8000

=2000

What is the effect of wordsworth’s use of the word company in this passage? the word shows that the speaker does not feel lonely when he is surrounded by daffodils. the word suggests that the flowers are united against the speaker. the word emphasizes that the speaker is willing to work hard. the word signals the speaker’s inability to understand the meaning of the daffodils.

Answers

The effect of Wordsworth’s use of the word company in this passage is: The word shows that the speaker does not feel lonely when he is surrounded by daffodils.

What is company?

Company means to be around people or to be around of people or someone that makes you happy and keep you company.

Wordsworth’s using the word company signifies that the speaker is  not lonely whenever daffodils are around him.

Therefore the correct option is A.

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Answer:

A

Explanation:

Complete the following sentence: If people think that the price of electronics will increase in the near future, that belief may cause a(n)

Answers

The completion of the sentence is: "increase in the demand for electronics today".

What is Demand?

This refers to the number of goods that a person is ready to purchase at a given time.

Hence, we can see that based on the given sentence, it is said that the price of electronics is directly linked to the speculation of people about its future price and this can cause an "increase in the demand for electronics today".

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Please help worth bonus points!

Answers

Answer:

the 4th and 5th one is for france

Explanation:

this is done in france France, it is called french silver service, it's a method of food service at the table, it's known as à l'anglaise (English service)

4=the staff utilizes platters to serve cooked food

5=the last one

1= america, the first one.

2=Russia

3=russia

if I got anything mixed up, pls inform me.

The US Economy is experiencing a huge trade deficit over last few decades. Explain the causes and consequences of this trade deficit on the US economy. g

Answers

The consequences of the trade deficit are that it cut down the incomes of domestic someone, and moving numerous into devalued income sets, and the main causes of the trade deficit are the lower productivity and the lower trade barriers.

What is trade deficit?

The trade deficit occurs at the time if the value of a country's imports oversteps the value of its exports. The Imports and exports associate to both tangible commodities and services.

The trade deficit has the effect of reducing domestic earnings and pushing many people into devalued income groups, and the major drivers of the trade deficit are reduced productivity and lower trade barriers.

Therefore, the trade barriers arise due to the lower productivity and trade barriers.

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Poppy co. uses a periodic inventory system. beginning inventory on january 1 was understated by $30,000, and its ending inventory on december 31 was understated by $17,000. in addition, a purchase of merchandise costing $20,000 was incorrectly recorded as a $2,000 purchase. none of these errors were discovered until the next year. as a result, poppy's cost of goods sold for this year was:

Answers

If  None of these errors were discovered until the next year. As a result, Poppy's cost of goods sold for this year was: Understated by $31,000.

Cost of goods sold

Using this formula

Cost of goods sold=Beginning inventory + Incorrect entry for Merchandize Purchase - Ending inventory

Let plug in the formula

Cost of goods sold=$30,000+($20,000-$2,000)-$17,000

Cost of goods sold=$30,000+$18,000-$17,000

Cost of goods sold=$31,000 understated

Therefore Poppy's cost of goods sold for this year was: Understated by $31,000.

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How to invest in stocks for beginners with little money.

Answers

Hey!!!

One of the best ways for beginners to get started investing in the stock market is to put money in an online investment account, which can then be used to invest in shares of stock or stock mutual funds. With many brokerage accounts, you can start investing for the price of a single share.

Hope it helps!
Dr Joker

At times, employees may engage in a __________, that is, a strike without the union's consent, or a slowdown, wherein employees report to work but intentionally decrease their productivity.

Answers

Answer:

The answer is wildcat strike

Explanation:

At times, employees may engage in a Wildcat strike that is, a strike without the union's consent, or a slowdown, wherein employees report to work but intentionally decrease their productivity.

All of the following are inventory costing methods used under a periodic inventory system except: Multiple choice question. weighted average specific identification last in, last out last in, first out first in, first out

Answers

All of the following are inventory costing methods used under a periodic inventory system except C. last in, last out.

What are the periodic inventory methods?

Because the periodic inventory system accounts for inventory at the end of each chosen financial period, unlike the perpetual inventory system, it can apply any of the following inventory methods:

FIFO (First In, First Out)LIFO (Last In, First Out)WAC (Weighted Average Cost)Specific identification.

Thus, all of the following are inventory costing methods used under a periodic inventory system except C. last in, last out.

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Khalid, a buyer for a U.S. firm, is shopping the globe for components for use in his firm's products. He finds the best price at a Canadian company. When he buys them, he will be

Answers

If he finds the best price at a Canadian company. When he buys them, he will be:

FranchisingOffshoring and onshoringNearshoring

What is franchising?

Franchising  can be defined as a marketing strategy in which the franchisor gives a person or a company the right to use his/her trade name or brand name.

Most companies tend to make use of Franchising to expand their business.

Therefore If he finds the best price at a Canadian company. When he buys them, he will be: Franchising.

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Question 3
You should plan on spending two
thirds of your paycheck on rent and
household expenses.
True.
False.
Question 4

Answers

Answer:

true

Explanation:

i think it true sorry if im wrong

Discuss the best way to receive constructive criticism from a superior.

Answers

Answer:

Stop Your First Reaction. ... Remember the Benefit of Getting Feedback. ... Listen for Understanding. ... Say Thank You. ...

Explanation:

Taylor gives up a 5 hour shift at work to attend a concert. The ticket price is $30. At work, Taylor makes $15.00 an hour. To an economist, what is the cost to Taylor of attending this concert

Answers

The cost to Taylor of attending this concert is $105.

What is the cost?

The amount of money that an establishment spends on the creation or manufacturing of goods or services is referred to as cost.

The formula of calculating the cost are:

Attending the cost of the concert = Total implicit + Total explicit costs.

According to the given information,

Explicit cost is the price of ticket= $30

Implicit cost is the forgone wage =$15×5 = $75

Then,

Attending the cost of the concert =$30+$75=$105

Therefore, the attending cost of the concert  is $105.

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When companies ensure that all packaging has certain symbols, such as the recycle symbol or symbols showing support for wind energy, this is a strategic effort by the company to show that they practice Blank______. Multiple choice question.

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When companies ensure that all packaging has certain symbols, such as the recycle symbol or symbols showing support for wind energy, this is a strategic effort by the company to show that they practice Greener Marketing. This is further explained below.

What is Greener Marketing?

Generally, Greener Marketing is simply defined as finding healthier ways to market.

In conclusion, Find green and social marketing techniques that don't merely greenwash but genuinely deliver;

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Answer: green marketing

The target firm determines its liquidation value and the present value of its relevant stand alone cash flows and selects the higher value. This is the target's Select one: a. maximum acceptable price b. minimum acceptable price c. neither A nor B

Answers

Minimum acceptable is the target's. As the target firm determines its liquidation value and the present value of its relevant stand alone cash flows.

What is liquidation value?

Liquidation value is the value which a firm get after the deduction of the assets and liability in the financial report. If the business will sold, the value which a firm gets after selling all of its assets is the liquidation value of the company.

Thus, option B is correct.

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When purchase costs regularly rise, the inventory costing method that yields the highest reported net income is: Multiple Choice Specific identification method. Average cost method. Weighted-average method. FIFO method. LIFO method.

Answers

The FIFO method of inventory is used whenenever the purchase costs regularly rise and result to an inventory costing method that yields the highest reported net income.

What is a FIFO method?

It is an acronyms of First In, First Out.

In accounting, this is a valuation method where assets produced or acquired first are sold, used or disposed of first.

Therefore, the Option D is correct.

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What activity involves placing announcements and persuasive messages in the mass media, to inform and/or persuade a target market or audience about products, services, organizations, or ideas

Answers

The activity involves placing announcements and persuasive messages in the mass media, to inform and/or persuade a target market or audience about products, services, organizations, or ideas is called advertising.

What is advertising?

This refers to process of creating awareness about products and then persuading people to purchase such. It is to make the product known to consumers and to make it different from others.

Hence, the activity involves placing announcements and persuasive messages in the mass media is known as advertising.

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13. Equipment that cost $659000 and has accumulated depreciation of $289000 is exchanged for equipment with a fair value of $480000 and $120000 cash is received. The exchange lacked commercial substance. What amount of the gain is to be recognized from the exchange

Answers

The amount of gains that are to be considered for exchange of the equipment will be around $46,000.

What are gains?

The excess amount benefitted from a financial transaction are known as gains. Using the information above, the gains will be calculated as:

[tex]\rm Gains= (Fair\ Value+ Cash\ Received) - (Cost- Depreciation\ Value)\\\\\rm Gains=600000-370000\\\\\rm Gains=230000[/tex]

However, the actual realized gains for the exchange of equipments will be as:

[tex]\rm Realizable\ Gains\ = 230000\ x\ \dfrac{120000}{600000}\\\\\rm Realizable\ Gains\ = \$46000[/tex]

Hence, the gains realized from the exchange of equipment will be $46,000.

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Imagine that a country loses its best-educated and most-skilled workers, who depart the country to pursue better opportunities elsewhere. How would this affect economic growth

Answers

There will be a shortage of skills in the country, therefore they might not be enough people to do the most prestigious jobs. This will decrease the employment rate as there won’t be enough people to be managers, board of directors… Therefore, there might be a decrease in disposable income and therefore in spending, which will slow economic growth.

Craig and Jan Johnson have a health insurance policy with a $750 deductible and 35 percent coinsurance. Craig recently sustained $7,250 in medical expenses. How much will Craig and Jan pay

Answers

Based on the calculation below, the amount that Craig and Jan pay is $3,025.

How to calculate the amount to pay out of covered medical expenses

This can be calculated using the following formula:

Amount to pay by Craig and Jan = ((Covered medical expenses sustained by Graig – Health insurance policy) * 35%) + Health insurance policy …………………. (1)

Substituting all the relevant values into equation (1), we have:

Amount to pay by Craig and Jan = (($7250 – $750) * 35%) + $750

Amount to pay by Craig and Jan = $2,275 + $750

Amount to pay by Craig and Jan = $3,025

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Based on the Management in Action case, imagine if CEO Scharf reorganized the organizational structure where lower-level managers reported to both functional and divisional managers. What type of organizational structure would this represent

Answers

A modular organizational structure is the sort of organizational structure represented by the data.

What is the definition of an organizational structure?

It should be mentioned that an organizational structure is merely a system that describes how an organization's activities will be carried out.

The sort of organizational structure represented by the data is a modular organizational structure in this situation.

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What is the role of doctors in our society? Explain.​

Answers

Answer:

It is to help people by assessing symptoms, diagnosing diseases, etc.

Explanation:

Answer:

Doctors save lives, but their importance goes far beyond that. Doctors also make a difference by helping patients minimize pain, recover from a disease faster or learn to live with a disabling injury. A patient's ability to enjoy life, even if they can't be cured, makes a huge difference to them and to their families.

Widgets, Inc. makes a $300 on Widhets, Inc. makes a $300 account sale to Custom Motors. How is the sale recorded in the Accounts Receivable subsidiary ledger?
A. It is recorded upon payment
B. as $300 payment
C. as $300 credit
D. as $300 debit

Answers

B bc if the food DLC do gas so gc coo be fb bl

How does saving influence economic activity?

Answers

How does saving influence economic activity? by making more money available to be used by individuals, businesses, and the government. When the borrowed money is spent, the demand for goods and services is increased, which creates more jobs and spending for workers.

What is this population growth?
population increases by 41
population decreases by 15
population increases by 15
population decreases by 24

Answers

In this population, the population growth is population increases by 15

How to solve for the population growth

Population growth cane be defined to mean the change in the number of persons or organisms living in a particular area over a period of time.

The formula for calculation this is given as?

Population growth = (birth rate + immigration) - (death rate + emigration)

We have to add the data in the formula hence we have

35+4 - 7+17

=39-24

=15

The population is thus said to have increased by 15

Complete question

Birth rate = 35

Death rate = 7

Immigration = 4

Emigration = 17

What is this population growth?

population increases by 41

population decreases by 15

population increases by 15

population decreases by 24

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Answer:

population increases by 15

Explanation:

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