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oksano4ka [1.4K]
2 years ago
4

Assume that each seller sells at most one giant cinnamon roll to one buyer, so that for a transaction to occur, one seller must

match up with one buyer. If the price is $5, there is an excess of ____, which will cause the price to _____.
Business
1 answer:
Soloha48 [4]2 years ago
7 0

Answer: . If the price is $5, there is an excess of BUYERS, which will cause the price to INCREASE.

Explanation: When there is an excess of buyers with few suppliers or sellers, it will automatically create an increase in demand. An increase in demand will cause prices of goods to increase.

In the same vein, when there are excess sellers at a given price, it would force the prices of goods to decrease.

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Dominik Corporation purchased a machine 5 years ago for $527,000 when it launched product M08Y. Unfortunately, this machine has
Sloan [31]

Answer:

$532,000

Explanation:

The opportunity cost is the cost of the best option rejected.

In this case the option rejected was the investment project that would have returned a total fo 532,000

Therefore, the model 240 should produce a higher profit than 532,000 to reject his project.

The 310 model would have unused capacity as it has more capacity than model 240 but the company will not need to produce as much. So it is discarted from the calculation as it has inefficiency

3 0
2 years ago
Which idea best explains the Datasheet view?
nydimaria [60]

Answer:

a default setting for displaying all the data in a table

Explanation:

Datasheet View is default settings in Database Management System, which allows access to view the displayed data organized in columns and rows similar to an excel worksheet.

It also allow options for enter, delete or modify the data in a table.

Hence, in this case, the best idea that explains the Datasheet view is a default setting for displaying all the data in a table

3 0
2 years ago
In a college-level course, Mrs. Smith gives the lectures, sets the due dates, and is the expert on the material. Mr. Doe helps g
andre [41]

The Code of Hammurabi was one of the earliest and most complete written legal codes, proclaimed by the Babylonian king Hammurabi, who reigned from 1792 to 1750 B.C. Hammurabi expanded the city-state of Babylon along the Euphrates River to unite all of southern Mesopotamia. The Hammurabi code of laws, a collection of 282 rules, established standards for commercial interactions and set fines and punishments to meet the requirements of justice. Hammurabi’s Code was carved onto a massive, finger-shaped black stone stele (pillar) that was looted by invaders and finally rediscovered in 1901.

5 0
2 years ago
A company has the following three events in December: 1. December 1 - Pay last month's rent (November), $500. 2. December 15 - P
bearhunter [10]

Answer:

A transformation T: (x, y)  (x + 3, y + 1). For the ordered pair (4, 3), enter its preimage point.

(-1, 2)

(1, 2)

(7, 4)

Explanation:

A transformation T: (x, y)  (x + 3, y + 1). For the ordered pair (4, 3), enter its preimage point.

(-1, 2)

(1, 2)

(7, 4)

6 0
2 years ago
Summers, Inc., has net income of $50 million in the current year. Stockholders’ equity at the beginning and the end of the curre
vovikov84 [41]

Answer:

ROE = 33.33%

Explanation:

<em><u>return on equity:</u></em>

\frac{income}{average \: equity}

<em><u>where:</u></em>

Average equity

$$(beginning + ending equity) \div 2

(140 + 160) / 2 = 150

return on equity : 50 / 150 = 1/3 = 0.3333 = 33.33%

The ROE measures the effectiveness of the managers to generate profit with their current net assets(equity)

This ROE of 33.33% rrepresent that for every dollar of equity the company generates 33 cents of income

5 0
2 years ago
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