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2 years ago

Governments most often influence market conditions by:

Business

1 answer:

cricket20 [7]2 years ago

5 0

A. Monopolies were a very popular marketing advantage during this time period

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Stefan Ceramics is in the business of selling ceramic vases. It has two departments, molding and finishing. Molding department

Mandarinka [93]

Answer:

The following entries would be made.

Stefan Ceramics

Sr. No Particulars Debit credit

1 Merchandise Inventory 291600

Accounts Payable/ Cash 291600

For purchase of 720 kgs of tungsten carbide at $280 per kg (720*280=291600)

Accounts Payable or cash depending on whether material was purchased for cash or through accounts payable( creditors).

2 Work In Process 291600 Dr

Merchandise Inventory 291600 Cr

For use of 720 kgs of tungsten carbide . As there is no ending inventory the whole of the material is charged to production.

6 0

2 years ago

Mullineaux Corporation has a target capital structure of 64 percent common stock, 9 percent preferred stock, and 27 percent debt

nlexa [21]

Answer:

10.02%

Explanation:

The computation of the WACC is shown below. The formula of WACC is shown below:

= (Weightage of debt × cost of debt) + (Weightage of preferred stock) × (cost of preferred stock) + (Weightage of common stock) × (cost of common stock)

= 27% × 7.6% × (1 - 0.40) + 9% × 5.9% + 64% × 12.9%

= 2.052% × (1 - 0.40) + 0.531% + 8.256%

= 10.02%

8 0

2 years ago

American airlines found that for some jobs it was unwise to train workers on equipment used at the work site. therefore, a speci

chubhunter [2.5K]

The correct answer is simulation training.

Simulation taining is being defined as having to exercise or train the skills of individuals with the use of basic equipment or rather a computer software by means of modelling a real world scenario that the individual is training.

7 0

2 years ago

When the price of a bar of chocolate is $1.00, the quantity demanded is 100,000 bars. When the price rises to $1.50, the quantit

Bas_tet [7]

Answer:

a. -1.25

b. -1.25

Explanation:

Price elasticity is used to measure the change in demand as a result of a change in price.

Formula is;

= % change in Quantity/ % change in Price

a. Suppose the price increases from $1.00 to $1.50. The price elasticity of demand is:

% change in Quantity using the midpoint formula;

$=\frac{Q2 - Q1}{\frac{Q1 + Q2}{2} } \\\\= \frac{60,000 - 100,000}{\frac{100,000 + 60,000}{2}} \\\\= -0.5$

% Change in Price using midpoint formula

$=\frac{P2 - P1}{\frac{P1 + P2}{2} } \\\\= \frac{1.5 - 1.00}{\frac{1.00 + 1.50}{2} } \\\\= 0.4$

= -0.5/0.4

= -1.25

b. Suppose the price decreases from $1.50 to $1.00. The price elasticity of demand is:

% change in Quantity using the midpoint formula;

$=\frac{Q2 - Q1}{\frac{Q1 + Q2}{2} } \\\\= \frac{100,000 - 60,000}{\frac{100,000 + 60,000}{2}} \\\\= 0.5$

% Change in Price using midpoint formula

$=\frac{P2 - P1}{\frac{P1 + P2}{2} } \\\\= \frac{1.00 - 1.50}{\frac{1.00 + 1.50}{2} } \\\\= -0.4$

= 0.5/-0.4

= -1.25

7 0

2 years ago

Suppose that in a month the price of movie rentals decreases from $3.25 to $3. At the same time, the quantity of movie rental

Sergeeva-Olga [200]

Answer:

The correct answer is option a.

Explanation:

The initial price of movie rentals is $3.25.

The initial quantity is 100.

The price falls to $3.

This causes demand to rise to 120.

The price elasticity of demand a ratio of change in quantity demanded to change in price level.

The elasticity is calculated at -2.25, through the process given in images.

The price elasticity of demand here is greater than 1 which means it is elastic.

So, option a is the correct answer.

4 0

2 years ago