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lubasha [3.4K]
2 years ago
10

Which conclusion does this graph most support?

Business
1 answer:
ahrayia [7]2 years ago
5 0

Answer:

C. Product A has more elastic demand than product B.

Explanation:

The graph plotted above shows the quantity demanded for 2 products in relation to their prices.

Looking at the graph, we visually conclude that product A is more responsive to a change in price, compared to how responsive product B is to a change in price.

Invariably, a change in the price of commodity A causes a greater change in the quantity demanded, compared to a change in quantity demanded for product B, with almost the same change in price.

Option C is the answer.

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Great Skot expects to have cash receipts in June of $532,160. Skot’s cash disbursements in June are $581,720, including an inter
Y_Kistochka [10]

Answer:

a.$37,560

Explanation:

Cash balance $40,000 at month end =  Cash balance $52,000 at beginning + cash receipts in June of $532,160 - cash disbursements of $581,720 +  New borrowing

⇔ $40,000 = $2,440 + new borrowing

⇔ New borrowing =  $40,000 - $2,440 = $37,560

If Skot wishes to maintain a cash balance of $40,000, Skot have to borrow $37,560 if it started the month with a cash balance of $52,000

6 0
2 years ago
Rizzo Manufacturing produces two types of cameras: 35mm and digital. The cameras are produced using one continuous process. Four
tiny-mole [99]

Answer:

Total overhead assigned to each the 35mm camera $ 66,000

An Activity Rate for receiving   $8 per receiving order

Receiving costs for 35mm camera  $1600

An Activity Rate for packing $ 10 per packing order

Explanation:

Product Machine Hours Setups Receiving Orders Packing Orders

35mm         10,000             100           200                  400

Digital            10,000          250          800                  2000

Cost            $60,000        $40,000    $8,000           $24,000

Total Overhead Costs= $ 60,000 + $ 40,000 + $ 8000+ $ 24,000= $132,000

Total overhead assigned to each the 35mm camera=( Total Costs/Total Machine Hours) * 35mm camera machine hours

Total overhead assigned to each the 35mm camera= ($ 132,000/ 20,000)10,000= $ 66,000

An Activity Rate for receiving based on receiving orders= 8000/1000=  $8 per receiving order

Receiving costs for 35mm camera= 8 * 200= $1600

An Activity Rate for packing based on packing orders = 24000/ 2400= $ 10 per packing order

5 0
2 years ago
Identify the careers that require a college degree and those that require an apprenticeship.
Montano1993 [528]

Answer:

solar panel repair technician : apprenticeship.

petroleum engineer: college degree

industrial production manager : college degree

plumber : apprenticeship.

landscape architect : apprenticeship.

security installer: apprenticeship.

7 0
1 year ago
Read 2 more answers
Armando received his credit card bill and noticed multiple unauthorized charges. How soon must he notify his bank of these charg
adell [148]
Indeed the answer is 60 days but let me explain it to you. Even though Armando has to notice as soon as possible, <span>Keep in mind that those charges will look like delayed payments. In that sense we can say that delayed payments 60-90 days beyond terms are charged to that person no matter what really happens. Those are the laws</span>
3 0
2 years ago
Read 2 more answers
Allison's wants to raise $12.4 million to expand its business. To accomplish this, it plans to sell 25-year, $1,000 face value,
Rudiy27

Answer:

= 55,780.5 units

Explanation:

A bond is a financial instrument used  by a company or government to borrow money.

Zero-coupon bond: Most bonds pay a fixed percentage of their face value - coupon- as interest payment at requalr intervals.

A zero- coupon bond pays no coupon. However, the return on it is the difference between its face value and price.

The Price of a bond is determined using the discounted flow method. Here the present value is calculated using its the face value and the yield. The face value is the amount promised by borrower to pay back.  And the yield is the return on the bond expressed in %.

This can be captioned as follows:

P × (1+r)^n = FV,

P- price, FV- Face value, r = yield

P-?, FV- 1000, r = 6.5%/2 = 3.25% (semi-annual interest rate)

P × (1.0325)^(25× 2) = 1000

P  × 4.9488 =  1000

P= 1000/4.4988

P= $222.28

P= $222.3

If the bond sells for $222.3, then to raise $12.4 million, Allison will have to sell:

= 12,400,000/222.3

= 55,780.5 units

5 0
2 years ago
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