The government imposed a price floor, the quantity of apartments demanded at the new price: will be lower than the original equilibrium quantity due to the higher price.
When the government imposes a price floor of R1 on apartments, the quantity of apartments demanded at the new price can be determined through the following steps:
Step 1: Identify the current equilibrium price and quantity without the price floor, by finding the point where the demand and supply curves intersect.
Step 2: Examine the impact of the price floor on the market. Since a price floor is a minimum price set above the equilibrium price, it will result in a surplus of apartments as suppliers will be willing to supply more at the higher price while consumers will demand less.
Step 3: Determine the new quantity of apartments demanded at the price floor of R1. To do this, find the point on the demand curve corresponding to the R1 price level.
In conclusion, the quantity of apartments demanded at the new price floor of R1 will be lower than the original equilibrium quantity due to the higher price. The specific quantity depends on the shape and position of the demand curve in the market.
To know more about price floor, refer here:
https://brainly.com/question/30704763#
#SPJ11
Suppose that the price of a new bicycle is $300. Sue values a new bicycle at $400. It costs $200 for the seller to produce the new bicycle. What is the value of total surplus if Sue buys a new bike
The value of total surplus if Sue buys a new bike is $200.
What is the total surplus?
Total surplus is the sum of consumer surplus and producer surplus.
Consumer surplus is the difference between the value a consumer places on a good and the price of the good.
Consumer surplus = $400 - $300 = $100
Producer surplus is the difference between the price of a good and the least price the seller is willing to sell the product or the cost of production of the product.
Producer surplus = $300 - $200 = $100
Total surplus = $100 + $100 = $200
To learn more about consumer surplus, please check: https://brainly.com/question/25816093
At the beginning of the week, Jared had $50 in his bank account. On Tuesday, he made a $20 withdrawal. Thursday he made a $50 deposit. On Friday, he made a withdrawal of $50. What was the balance in Jared's bank account at the end of the week?
Answer:
Please help me
Explanation:
2. Suppose that there are five different lemonade stands in the same neighborhood. Explain
how the lemonade stands meet most of the conditions of perfect competition
Answer:
Eventually prices will equalize at all five lemonade stands.
Explanation:
Perfect competition is accomplished when, in an appropriate business, all firms have identical price arrangements and there is an adequately substantial amount of these same firms so that the production arrangement of any one firm has no obvious influence on the cost at which it commodity is marketed.
The lemonade made are similar in taste, thus they are identical products. Thus, if a lemonade seller increases the price of their good, buyers can patronise another lemonade seller. As a result, the price of lemonades would be the same among the five sellers.
Also, there is little or no barriers to entry for lemonade sellers.
A perfect competition is a market were there are numerous buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
To learn more about perfect competition, please check: https://brainly.com/question/22698976
Which stage of team development is characterized by team members exploring initial interactions with one another as they begin to build relationships?
Forming is the stage of team development which is characterized by team members exploring initial interactions with one another as they begin to build relationships.
Forming is the first and preliminary-maximum stage of team development in which interactions occur among crew members as these interactions cause forming of various forms of relationships among the group participants.
Forming: that is where team individuals first meet. it's important for crew leaders to facilitate the introductions and spotlight each person's abilities and background. crew participants also are given challenge info and the possibility to arrange their obligations.
At this important stage of the team development technique, the focus at some stage in the forming stage needs to be to build relationships in the group and clarify the project or end result. The forming degree indicates a time in which the institution is just starting to come collectively and is characterized by anxiety and uncertainty.
Learn more about team development here brainly.com/question/28132624
#SPJ4
because firms can easily expand their markets in the long run, elasticity of supply is lower in the long run.T/F
The statement "because firms can easily expand their markets in the long run, elasticity of supply is lower in the long run" is false.
In economics, the concept of elasticity of supply measures the responsiveness of the quantity supplied to changes in price. It indicates how easily and quickly firms can adjust their production levels in response to changes in market conditions.
In the long run, firms have more flexibility and freedom to adjust their production capacities, expand their operations, and enter new markets. This increased flexibility generally leads to a higher elasticity of supply in the long run.
Firms can invest in new technologies, acquire additional resources, and make long-term adjustments to their production processes to meet the changing demands of the market.
Conversely, in the short run, firms may face certain constraints that limit their ability to respond quickly to changes in demand. These constraints can include fixed production capacities, limited access to resources, and time required for adjustments.
As a result, the elasticity of supply is typically lower in the short run compared to the long run.
Therefore, the statement is false, and elasticity of supply is generally higher in the long run due to the greater ability of firms to expand their markets and adjust their production levels.
Learn more about markets here:
https://brainly.com/question/28455548
#SPJ11
how old do you have to be to work at lululemon
Answer:
The minium age requirement to work there is 18
worries about international competition often lead domestic producers to call for __________.
Worries about international competition often lead domestic producers to call for protectionism.
Protectionism refers to government policies and measures aimed at protecting domestic industries and businesses from foreign competition. Domestic producers may argue that foreign imports are being sold at lower prices, which could potentially harm their profitability and market share. As a result, they may seek government intervention to restrict or limit imports through tariffs, quotas, or subsidies. However, protectionism can also have negative consequences, such as higher prices for consumers, reduced choice, and retaliation from other countries. Therefore, policymakers must carefully weigh the costs and benefits of protectionism before implementing any measures to protect domestic producers from international competition.
To learn more about producer, visit:
https://brainly.com/question/29975890
#SPJ11
U.S. GAAP provides guidance that defines hedge effectiveness. To be considered effective, a hedge should offset between ___% and ___% of changes in the hedged item's market price.
80, 115
90, 110
95, 105
80, 125
U.S. GAAP provides guidance that defines hedge effectiveness. To be considered effective, a hedge should offset between 80% and 125% of changes in the hedged item's market price Therefore the correct option is D.
According to U.S. Generally Accepted Accounting Principles (GAAP), a hedge is considered effective when it offsets a certain percentage of changes in the hedged item's market price. To be more specific, a hedge is said to be effective when it falls within the range of 80% to 125% in offsetting market price changes.
This range is commonly referred to as the "80/125 rule". The effectiveness of a hedge is critical in ensuring that financial statements accurately reflect the economic substance of a company's transactions and activities.
By adhering to these guidelines, companies can align their financial reporting with market realities and help stakeholders make informed decisions based on accurate financial information.
Hence the correct option is D
To know more about U.S. Generally Accepted Accounting Principles visit:
https://brainly.com/question/28239297
#SPJ4
What personnel records would you suggest for a small retailer with three employees?
Explanation:
For a small retailer with three employees, the ideal would be to keep personnel records well organized, because regardless of the size of the company, the records function as a perspective of the human resources department and a protection for the company, therefore it is essential that the company have registration forms, selection data, evaluation reports, disciplinary forms, job description, social security number, etc.
______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
Suppose a U.S. importer purchases an Italian product today but will not pay for it for 60 days. The cost of the product today is 75,000 euros. The spot exchange rate today is 0.7243 euros per dollar. How much is the cost today in dollars?
The cost of the product today in dollars is $54,172.50.
To calculate the cost today in dollars, we need to multiply the cost in euros by the spot exchange rate.
Cost in dollars = Cost in euros * Spot exchange rate
Given:
Cost in euros = 75,000 euros
Spot exchange rate = 0.7243 euros per dollar
Cost today in dollars = 75,000 euros * 0.7243 euros/dollar
Calculating the result:
Cost today in dollars = 54,172.50 dollars
To learn more about dollars
https://brainly.com/question/29812083
#SPJ11
In general, being __________ means individuals do not have financial means to cover the gap between what their insurance covers and the total cost of their medical bills.
In general, being Underinsured means individualsthe do not have financial means to cover the gap between what their insurance covers and the total cost of their medical bills.
A co-payment is a flat that a patient pays for touring a company or buying prescribed drugs. The copayment varies from issuer to company. Coinsurance is a percentage of the covered advantages paid with the aid of each insurance corporation and the patient.
Meaningful use is measured by way of precise goals for the usage of an EHR machine in an effort to evolve over 3 levels with the purpose of enhancing health care, engaging patients, improving coordination, increasing efficiency, and preserving the privacy of patient health information.
Learn more about insurance here: https://brainly.com/question/25855858
#SPJ4
What is the least integrated form of economic integration?
The least integrated form of economic integration is a free trade area, which is an agreement between countries to eliminate tariffs, quotas, and other trade barriers on goods and services traded between them.
The least integrated form of economic integration is a Free Trade Area (FTA). In an FTA, participating countries eliminate tariffs and trade barriers on goods traded between them, but each country maintains its own trade policies with non-participating countries.
This means that while there is increased trade among participating countries, there is no common trade policy or coordination on issues such as investment, intellectual property, or competition policy. Examples of FTAs include the North American Free Trade Agreement (NAFTA) and the European Free Trade Association (EFTA).
However, each country retains its own external trade policies and can negotiate its own trade deals with other countries outside of the free trade area.
This means that there is no coordination of economic policies or harmonization of regulations, which limits the depth of economic integration achieved.
For more question on tariffs
https://brainly.com/question/19960273
#SPJ11
KNOWLEDGE CHECK After you've finished building your portfolio and adding securities to it in PRTU, what is your next logical step? o To research the securities with DES and FA o To export your portfolio into Microsoft Excel o To type securities into the amber Security field in PRTU to include them in your portfolio o To analyze the portfolio in PORT
once you've done creating your portfolio and adding securities to it in PRTU, to analyze the portfolio in PORT.
What is portfolio?
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, cash, cash equivalents, and their fund equivalents. Although real estate, gold, paintings, and other collectable works of art can all be added to a portfolio to diversify it, stocks and bonds are typically thought of as its main building elements.
An investment portfolio can be compared to a pie that has been cut into various wedge-shaped pieces, each of which represents a distinct asset class and/or kind of investment. In order to obtain an optimum risk-return portfolio allocation for their degree of risk tolerance, investors strive to build a well-diversified portfolio. Although cash, stocks, and bonds are typically thought of as the three main components of a portfolio, you may expand your holdings with a wide range of assets, including as real estate, gold stocks, other kinds of bonds, artwork, and other collectibles.
To know more about portfolio, visit:
https://brainly.com/question/25929259
#SPJ1
If the level of risk aversion were to increase causing the market risk premium to increase, the SML would __________ and the prices of risky assets would ___________. A. get steeper; increase B. get steeper; decrease C. flatten; increase D. flatten; decrease E. flatten: stay the same
If the level of risk aversion were to increase causing the market risk premium to increase, the SML (security market line) would get steeper and the prices of risky assets would decrease. Therefore, the correct option is A.
The security market line (SML) is a graphical representation of the relationship between expected return and systematic risk (also known as market risk) of a security, as indicated by the Capital Asset Pricing Model (CAPM). The SML is a straight line that connects the risk-free rate (represented on the y-axis) and the expected return of the market portfolio (represented on the x-axis), with the slope of the line equal to the market risk premium (the difference between the expected return of the market portfolio and the risk-free rate). According to the CAPM, the expected return of any security can be determined by its beta (a measure of systematic risk) and the market risk premium, as indicated by its position on the SML. If the expected return of a security is above the SML, it is considered undervalued (having a higher expected return than its level of risk would suggest) and vice versa for positions below the SML.
To learn more about security market line, click here:
https://brainly.com/question/30024697
#SPJ11
Starbucks offers _______ agreements for many of its stores which include equipment, training, and support. in this type of agreement, starbucks receives commissions or royalties on sales.
Starbucks offers Licensing agreements for many of its stores which include equipment, training, and support. in this type of agreement, Starbucks receives commissions or royalties on sales.
What is the Licensing in regards to business?The term is one that connote the act or the process of providing or getting permission to have, make, or use a thing that another person or firm has made or owns:
Note that this form of market stands for a growth area for the company that are involved.
Therefore, Starbucks offers Licensing agreements for many of its stores which include equipment, training, and support. in this type of agreement, Starbucks receives commissions or royalties on sales.
Learn more about Licensing from
https://brainly.com/question/24827828
#SPJ1
3. Describe the ways in which the state intervened in the economy to impact South Korea’s
economic growth between 1963 and 1997? Why is this considered justified when markets
were less developed during the initial, catch up stages of development?
4. What trajectory did South Korea’s export-led industrialization strategy follow? What were
some of the incentives the government provided?
3. South Korea has demonstrated how state intervention could lead to economic growth. The state intervened in the economy in a number of ways. Firstly, the government has played a significant role in funding and promoting research and development in specific sectors through its development policies.
Secondly, the government has been instrumental in implementing reforms that have facilitated the growth of the private sector. Thirdly, the government has encouraged investment from foreign companies. Fourthly, the government has controlled the domestic economy by keeping inflation low, controlling currency values, and limiting the amount of foreign debt. Fifthly, the government has offered tax incentives, low-interest loans, and other financial support to businesses to encourage them to develop in specific sectors.
This is considered justified when markets were less developed during the initial, catch-up stages of development because markets were not strong enough to generate the necessary investment, innovation, and growth on their own. The state had to intervene to help build the foundations for the growth of the private sector.
4. South Korea's export-led industrialization strategy followed a unique trajectory. The country began by focusing on labour-intensive industries such as textiles and light manufacturing. As its economy developed, it shifted towards more capital-intensive industries such as steel, petrochemicals, and heavy machinery. It then moved to high-technology industries such as electronics, semiconductors, and biotechnology. This evolution was driven by the government's policies of investment in education, research, and development, and incentives for businesses to focus on the export market. Some of the incentives provided by the government include infrastructure development, tax incentives, low-interest loans, and export credit insurance. This strategy has been instrumental in South Korea's economic growth and has transformed the country from one of the world's poorest nations to a global economic powerhouse.
To know more about South Korea visit:
https://brainly.com/question/4699811
#SPJ11
Using the chain ratio method, estimate the market sales potential for heart catheterization products to meet the needs of the infant and child segment. Assume that of the 45,000 children with heart defects each year, 70 percent will benefit from these types of products and that only 50 percent of their families have the financlal resources to obtain such treatment. Also assume the average price for a device is $3,000 and children may only go through a single procedure. The number of buyers in the market can be estimated as (Round to the nearest whole number.)
Based on the given assumptions and using the chain ratio method, the estimated market sales potential for heart catheterization products in the infant and child segment would be approximately $47,250,000.
To estimate the market sales potential for heart catheterization products in the infant and child segment using the chain ratio method, we'll follow the given assumptions step by step.
Total number of children with heart defects per year: 45,000.
Percentage of children who will benefit from heart catheterization products: 70%.
The potential beneficiaries would be 45,000 * 0.70 = 31,500 children.
Percentage of families with financial resources to obtain treatment: 50%.
The potential buyers would be 31,500 * 0.50 = 15,750 families.
Now, we need to estimate the number of heart catheterization products required by these families:
Assuming each child goes through a single procedure, the number of devices needed would be the same as the number of families, which is 15,750.
Finally, we can calculate the market sales potential:
Average price per device: $3,000.
Total sales potential would be 15,750 * $3,000 = $47,250,000.
for more such questions on sales
https://brainly.com/question/29436143
#SPJ8
why are medical related professions and human resources important?
Answer:
because sometimes they help us to get some medicine which can be used to cure a particular disease
Plz help me I’ll make u the brainliest ( I promise)
Furniture is an
O asset
O expense
O none of the above
Answer:
Asset.
Explanation:
An asset is a useful or valuable thing or person.
The fixed costs of doing business include
Answer:
Fixed costs are the costs associated with your business's products or services that must be paid regardless of the volume you sell. ... Insurance - the liability insurance you hold on your business. Rent - the rent you pay on your office, factory, and storage space. Utilities - electricity, water, and other utilities.
Explanation:
What is the best reason for homebuyers to create a budget before taking out a mortgage?
to compare the value of their home with that of their neighbors
to plan how to pay off the money they have borrowed
to set aside enough money to refinance the loan
to figure out how long they can stay in their home
The best reason for homebuyers to create a budget before taking out a mortgage is to : Plan how to pay off the money they have borrowed.
What is a mortgage?A mortgage is an agreement(legal) between a bank and the buyer in which the bank lends money to the buyer to purchase a house.
When a buyer takes a mortgage, the buyer agrees to pay back the money in full with an agreed interest rate, at a stipulated time.
Types of actions that can be taken with a mortgage are :
Purchase a homeMaintain a homeMaintain other types of real estateTherefore, the best reason for homebuyers to create a budget before taking out a mortgage is to plan how to pay off the money they have borrowed.
Learn more about mortgage here : https://brainly.com/question/1318711
Answer:
b
Explanation:
in a free-market system, how do consumers let producers know what they want to buy and how much they are willing to pay? responses by engaging in collective bargaining by engaging in collective bargaining by boycotting by boycotting by viewing their credit reports by viewing their credit reports by the items they purchases
In a free-market system, consumers let producers know what they want to buy and how much they are willing to pay through their purchasing decisions.
Consumers communicate their preferences and willingness to pay through the items they purchase. In a free-market system, consumers have the freedom to choose from a variety of goods and services offered by different producers. By selecting certain products or services over others, consumers provide valuable feedback to producers regarding their preferences and demand. The act of purchasing can be seen as a form of voting, where consumers "vote" for the products or services they desire by allocating their resources towards them. If consumers find a particular product to be of high value and meet their needs, they are more likely to purchase it repeatedly, sending a signal to producers that there is demand for that item.
Similarly, the price consumers are willing to pay for a product or service also communicates information to producers. Higher demand for a product typically translates into consumers being willing to pay a higher price, signaling to producers that they can potentially increase their profits by supplying more of that product.
Through their choices and purchasing power, consumers play a crucial role in shaping the market. Producers closely observe consumer behavior and market trends to adjust their production levels, introduce new products, or improve existing ones. This feedback loop between consumers and producers is one of the key mechanisms that drive innovation, competition, and market efficiency in a free-market system.
To learn more about free-market system click here:
brainly.com/question/30280042
#SPJ11
you earn a salary of $40,000 per year and decide to save 20% of your gross pay. you set a goal of creating a $16,000 emergency fund. how long will it take for you to achieve your goal?
According to the supplied statement, it will take you two years to reach your objective.
What is education achieved?For underprivileged children from low-income households, achieve is a year-round four-year high scholarships and academic enrichment program. All of its students have more alternatives and possibilities because to achieve's high-quality instruction and comprehensive individualized support.
What is the attain level?ALDs, or achievement level descriptions, characterize a student's performance on a comprehensive evaluation (e.g., Below Satisfactory, Satisfactory, Above Satisfactory). The ALD. development framework's goal is to make it possible to draw reliable conclusions on students' content-area knowledge and proficiency.
To know more about achieve visit:
https://brainly.com/question/29889890
#SPJ4
Joshua receives Dee Corp. stock worth $135,000 and $15,000 cash in a Section 351 transaction where he transfers property worth $150,000 (adjusted basis = $120,000). What is Dee Corp.'s basis in the property received?
The answer is Dee Corp.'s basis in the property received is $270,000.
A Section 351 transaction allows a corporation to issue stock to the transferor in exchange for property that the transferor contributes to the corporation.
The corporation does not recognize any gain or loss when it receives the property, and the transferor generally does not recognize any gain or loss either. The transferor's basis in the stock received is equal to the basis in the property transferred. To calculate the corporation's basis in the property received, the amount of money paid plus the adjusted basis of the property transferred must be added. The adjusted basis of the property transferred is the original cost of the property plus any improvements made to it minus any depreciation that has been taken on it.So, in this case, Joshua receives Dee Corp. stock worth $135,000 and $15,000 cash in a Section 351 transaction where he transfers property worth $150,000 (adjusted basis = $120,000).
Dee Corp.'s basis in the property received would be $135,000 (value of stock received) + $15,000 (cash received) + $120,000 (adjusted basis of property transferred) = $270,000.
Therefore, Dee Corp.'s basis in the property received is $270,000.
Learn more about Section 351 here https://brainly.com/question/31752871
#SPJ11
Which is a good rule to follow when sending business emails? (1 point)
Answer:
Avoid forwarding spam and unnecessary messages such as chain letters.
Explanation: did the test
The good rule that must follow at the time of sending business emails is to avoid forwarding spam and unwanted texts like chain letters.
What is email?An email, is also called as the electronic mail. It is one of the most extensively employed features of the Internet, that is mostly used in the formal business organizations.
It allows a person to transport and acquire messages from nay person in the globe that has an email account. Within the TCP/IP suite, email uses a variety of protocols.
When sending business emails, a good tip to follow is to avoid forwarding spam and undesirable texts like chain letters.
Therefore, the use of formal languages and proper formats made the emails more accurate.
Learn more about the emails, refer to:
https://brainly.com/question/14666241
#SPJ2
Which of the following is NOT a reason for which a not-for-profit organization would need to generate a surplus?A) To pay bonuses at year end.B) Expand or replace physical facilities.C) Retire debt.D) Continue a program beyond the period that initial funding is provided.
To pay bonuses at year end is NOT a reason for which a not-for-profit organization
A not-for-profit organization is not allowed to distribute any profits to its owners or stakeholders.
Instead, any surplus generated by the organization is used to further its mission and goals. The other options - expanding or replacing physical facilities, retiring debt, and continuing a program beyond the period that initial funding is provided - are all valid reasons for a not-for-profit organization to generate a surplus.
A not-for-profit organization (NPO) is an organization that exists to achieve a specific mission or goal rather than to make a profit. NPOs can be structured in a variety of ways, including as charities, educational institutions, religious organizations, or social welfare organizations.
To learn more about not-for-profit organization here
https://brainly.com/question/28620807
#SPJ4
Henry recently set up a retail store in his hometown. He studied the pattern that other storeowners followed in obtaining new customers. All their current customers had referred the store to their friends and family. Their awareness basically spread through word-of-mouth. Henry knew that his store offered the same quality as the other stores did. His store was also on the same street as the other retail stores. Given the setting, the other storeowners were already charging their customers the bare minimum in order to remain competitive. Which P of marketing should Henry concentrate on to distinguish his retail store?
Answer :
Promotion is the P of marketing Henry may focus on to differentiate his retail shop.
Explanation :
In marketing, there are seven (7) P's that make up the marketing mix. The four (4) most important P's in the marketing mix are P-product, P-price, and P-place. P-promotion According to the text, Henry cannot utilize the first P, which stands for product, because he is aware that his store offers the same quality as the others.
Henry can't utilize the second P, Price, as a marketing technique since he knows that other business owners are already charging the bare minimum to stay competitive. Henry can't utilize the third P, which stands for Place, because his business is on the same street as the other retail stores, and he can't improve on that. Henry's lone marketing tool for beating the competition is the fourth P, which stands for Promotion.
This is because word-of-mouth knowledge established by other business owners is insufficient to create widespread awareness; word-of-mouth can only reach friends and relatives. As a result, the P in marketing that Henry may use is Promotion. He may achieve this by creating global awareness through advertisements on television, radio, social media, printing handbills, and sales promotions such as lottery draws, festive sales, clearance discounts, and offering consumers bonuses such as the buy three, get one free promotion.
i need help with my assingemnt
Answer:
idc
Explanation:
i do not care, not at all.