If demand decreased by 4 units at each price, what would the new equilibrium price and quantity be?

Answers

Answer 1

Based on demand being decreased by 4 units at each price, the new equilibrium price and quantity would be $3 and 5 units.

What is the new equilibrium?

In order to find the new equilibrium , you should subtract 4 units from each entry of Quantity demanded and then find the price where Quantity demanded and Quantity supplied are equal:

Quantity demanded                   Price                       Quantity Supplied

          1                                           7                                        9

          2                                           6                                        8

          3                                           5                                        7

          4                                           4                                        6

          5                                           3                                        5

         6                                           2                                        4

         7                                           1                                        3

From the table we see that the new equilibrium price is $3 and the new equilibrium quantity is 5 units.

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Related Questions

Which sector coordinates operations with the staging officer and routes patients to the hospital?

Answers

The sector which coordinates operations with the staging officer and routes patients to the hospital is transportation.

The duties of the staging officer is ensuring the triage of all patients and directing the movement of patients toward the treatment or transportation areas of a mass casualty incident. During mass casualty incidents, units arrive on the scene and perform the initial scene assessment.

Through the transportation sector, the patients are safely taken to the hospital for their further treatment. Thus, transportation sector officer manages patient allocation from the different treatment areas to medical facilities.

Hence, transportation sector coordinates operations with the staging officer and routes patients to the hospital.

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which conditional formatting rule is best suited to highlight sales value greater than $5,000?

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The conditional formatting rule that can be used in highlighting sales value than more than $5000 as regards this question is greater than.

Conditional formatting can be regarded as  feature in spreadsheet applications , which helps when there is a need to  apply specific formatting to cells that meet certain criteria.

In the case, of formatting rule for figures greater than $5,000, the the Greater Than sign is used to achieve this.

The greater-than sign is helps in denoting an inequality between two values

Other uses of formatting rule are to :highlightEmphasize

differentiate among data as well as  information stored in a spreadsheet

Therefore, conditional format helps in changing the appearance of cells

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Which of the following choices is not a step that can reduce your spending?
a.
eating at home, rather than dining out
b. using budgeted cash only
c. forgoing premium cable TV channels
d. purchasing reduced fat lattes during the week

Answers

the answer is d) purchasing reduced fat lattes during the week

Out of the given options, you won't reduce your spending by d. purchasing reduced fat lattes during the week.

How can we reduce spending?

The best way to reduce spending is by spending less on things that we don't need or that we can do without.

In this case, spending on fat lattes won't be a way to reduce spending because they aren't very significant.

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Differentiate between the scheduling techniques known as CPM and PERT

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PERT is for Program Evaluation and Review Technique, whereas CPM stands for Critical Path Method. PERT is used to manage unpredictable activities, whereas CPM is used to manage predictable ones. PERT is concerned with events, whereas CPM is concerned with activities.

Part 1 Which of the following utility functions matches Brutus's preferences for S and G? Choose one: O A. U(S, G) = 4S + 4G O B. u(S, G) = min[S, G] o C. u(S, G) = min[S, 4G] O D. U(S, G) = S +4G Part 2 Suppose that the price of online video subscriptions and video games are the same (i.e., that ps = pg). In this case, Brutus will buy all and zero . If, on the other hand, online video subscriptions are significantly cheaper than video games (say 10 of the amount or ps = P6 ) then Brutus will buy all and zero C . If the relationship between the price of online video subscriptions and video games is then Brutus might buy some of each.

Answers

The utility function that matches Brutus's preferences for S and G is Option D: U(S, G) = S + 4G.

How does the price relationship between online video subscriptions and video games affect Brutus's purchasing decisions?

When the price of online video subscriptions (ps) and video games (pg) is the same, Brutus will buy all of both (S = G = 1). This can be explained by comparing the utility function values: U(S, G) = S + 4G. Since S = G = 1, the utility becomes U(1, 1) = 1 + 4(1) = 5, which is the highest value among the given options.

However, if online video subscriptions are significantly cheaper (ps = 0.1pg), Brutus will buy all subscriptions (S = 1) and zero video games (G = 0). This decision is based on the same utility function. Substituting the values, U(S, G) = S + 4G, we get U(1, 0) = 1 + 4(0) = 1, which is higher than U(0, 1) = 0 + 4(1) = 4.

If the price relationship between online video subscriptions and video games changes, Brutus might buy some of each. This implies a scenario where Brutus's utility function calculation leads to a tie or a preference for a combination of S and G that falls between all of one and none of the other.

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what happens if 2022 altima’s rear door alert is activated and the driver does not disable the alert after arriving at their destination?

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Based on automobile analysis, when 2022 altima’s rear door alert is activated and the driver does not disable the alert after arriving at their destination, "the horn will sound unless a rear door is opened or closed within a short interval."

The 2022 Altima vehicle is one of the latest exact vehicles made by the Nissan Manufacturer.

The vehicle is made and designed to give users a pleasant experience when driving.

It is also equipped with modern features and the latest specifications to make the driving seamless and more accessible.

Hence, in this case, it is concluded that the correct answer is "the horn will sound unless a rear door is opened or closed within a short interval."

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Which of the following situations would definitely cause the equilibrium price to fall? Please choose an answer: has. An increase in supply and demand. b. An increase in demand and a decrease in supply. vs. A decrease in demand and an increase in supply. d. A decrease in supply and demand.

Answers

The situation that would definitely cause the equilibrium price to fall is an increase in supply and demand. When both supply and demand increase.

The equilibrium quantity will increase, but the effect on price depends on the magnitude of the changes. If the increase in supply is relatively larger than the increase in demand, the price may decrease.

An increase in supply and demand would lead to a definite decrease in the equilibrium price. When both supply and demand increase, the equilibrium quantity will rise. However, the impact on price will depend on the relative magnitude of the changes in supply and demand.

If the increase in supply is greater than the increase in demand, it will create excess supply, putting downward pressure on price. As a result, the equilibrium price will decrease to restore market balance. This scenario demonstrates the interplay between supply and demand forces in determining the equilibrium price in a market.

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assume there are five equally-likely market outcomes. the return on asset a equals 10%, 8%, 6%, 4%, and 2%, respectively. what is the standard deviation of a's return (rounded to two decimals)?

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The standard deviation of asset A's return is 3.16%.

The standard deviation of an asset's return can be calculated by finding the variance and taking the square root of the result. The variance can be calculated as follows:

Calculate the mean return of the asset: (10 + 8 + 6 + 4 + 2) / 5 = 6%For each return, subtract the mean and square the result:                    (10% - 6%)^2 = 16%, (8% - 6%)^2 = 4%, (6% - 6%)^2 = 0%, (4% - 6%)^2 = 4%, (2% - 6%)^2 = 16%Sum the squares from step 2: 16% + 4% + 0% + 4% + 16% = 40%Divide the sum from step 3 by the number of observations (5 - 1 = 4): 40% / 4 = 10%Take the square root of the variance to find the standard deviation: √10% = 3.16% (rounded to two decimals).

So the standard deviation of asset A's return is 3.16%.

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Is a general decline in prices throughout an economy

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Dry and liquid media

A bank has written 10,000 call option on one stock and 10,000 put option on another stock. For the first option the stock price is $50, the strike price is $51, the volatility is 28% per annum, and the time to maturity is nine months. For the second option the stock price is $20, the strike price is $19, the volatility is 25% per annum, and the time to maturity is one year. Neither stock pays a dividend, the risk-free rate is 6% per annum, and the correlation between stock price returns is 0.4. Calculate a 10-day 99% VaR for bank’s portfolio of 10,000 calls and 10,000 puts.

Answers

Compare items that are exempt and nonexempt from Chapter 7 fillings.

second car

pension

household appliances

family heirlooms

If my revenue is one million and my expenses are 1,386,000, what's my profit in percentage

Answers

The profit in percentage given the revenue and the expenses is -38.60%

What is the profit in percentage?

Percentage is the fraction of a number expressed as a value out of 100. The sign that is used to represent percentage is %. In order to convert a number to percentage, multiply by 100.

Profit is the difference between revenue and expenses. Revenue is the total income earned by a company before any deductions are made. Expenses include all the cost incurred in running a business.

Profit = revenue - expenses

1,000,000 - 1,386,000 = -386,000

Profit in percentage = (profit / revenue) x 100

(-386,000 / 1,000,000) x 100 = -38.6%

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When a firm is producing at the level of output that maximizes profit which of the following is true

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The primary purpose of a firm is to make "Profit" in the Long-run.

The maximization of profit in a firm occurs at the level of output where the marginal revenue equal to marginal cost \({MR = MC}\).

As we know, the goal of a firm is to maximize profits and minimize losses, so a shutdown is immininent if a firm is operating at the level of output where marginal revenue is not equal or lesser that marginal cost.

In conclusion, firm kept expanding its production capacity as long as its Marginal Revenue is greater than Marginal Cost \({MR > MC}\) but this changes when  marginal revenue is equal to marginal cost \({MR = MC}\).

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Answer:

Marginal revenue is equal to marginal cost

Which of the following is the best way to make sure you have good customer retention?
A. Give coupons to new customers
B. Provide good customer service
C. Offer Internet sales
D. Use sales quotas

Answers

Answer:

B. Provide good customer service

Explanation:

Customer service refers to taking care of customers' needs by providing timely, professional, and useful assistance to the customer at all times. It involves addressing customer concerns by providing meaningful support when required.

Customer service entails a one-on-one interaction with a client.  The customer service agent must portray a genuine willingness to support the customer. They need to demonstrate passion for work and customers throughout the interaction. Good customer service create loyal customers.

Diana's gross pay was $890 and her total deductions were $89. What is her net pay?

Answers

Answer=801$

Explanation:

Greetings !

Diana's gross payment - Her deductions = Her net payment.

Thus, $890-$89=801$=Net payment of Diana.

Hope it heps!

similarities between commodity and money​

Answers

Answer:

hola baby te loveee hablas spanish

Explanation:

eeeee

Describe a specific situation in which you would use the Combine Documents feature in Word.

Answers

Answer:

I will use the specific situation in which you would use the Combine Documents feature in Word.

Explanation:

limits on advertising and other public service requirements imposed on britain's commercial broadcasters in exchange for the right to broadcast constitute broadcasters' limits on advertising and other public service requirements imposed on britain's commercial broadcasters in exchange for the right to broadcast constitute broadcasters' remand warning. public service remit. d-notice. prior notification.

Answers

Limits on advertising and other public service prerequisites forced on England's business telecasters in return for the option to communicate comprise telecasters': Public Service Remit.

Public service telecasters should likewise give specific consideration to etymological and ethnic minority intrigues in their programming. This should be a focus on the region and accessibility should get to the next level. The minority dialects Sami, Finnish, and Meänkieli (Tornedal Finnish), and Romany Chib should accept exceptional status. Telecasters should have a discourse with the gatherings impacted.

Telecasters report annually on public service and provide details regarding how their public service remit has been met. The Telecom Commission of the Swedish Telecom Authority audits the reports and evaluates whether the telecasters have met their remit. The appraisals of the Telecom Commission are accounted for by the Public authority consistently. Significant assessments of exercises are led in front of each grant period.

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True or false: When customers make online purchases, a company has access to data that can be used for marketing analytics.

Answers

This is true, they store the data to use for analytics
It is true incase of any thing

Four students are at an extracurricular activity fair at their high school and are trying to decide which clubs to join. Some information about the students is listed in this chart:

Answers

Answer:

Hello your question is incomplete below is the missing part of your question

A 2-column table with 4 rows. Column 1 is labeled Student with entries Eleanor, Russel, Giada, Joe. Column 2 is labeled Hobbies with entries is already in B P A but is looking for a similar club to join as well; enjoys being treasurer for school band and drama club, and wants to join a club to help him learn more about these skills; builds remote-control cars and robots as a hobby; wants to be a stay-at-home dad and be involved in the homeowners association for his future.

Which describes which CTSO each student should join?

Answer :   option A).

Explanation:

It is necessary that each student should join a CTSO based on his/her interests which means that Eleanor should join NYFEA (National Young Farmer Educational Association) , Russell should join FEA(Future Educators Association) , Giada should join TSA(Transportation Security Administration) while Joe should join HOSA(Health Occupations Students of America) secondly this various CTSO's will help the students develop better in their various areas of study and skills.

what is the trend in individual and corporate income tax rates in the past 40 years?

Answers

Over the past 40 years, there have been several trends in individual and corporate income tax rates. In the United States, there have been several changes in the tax system, including several tax cuts, tax increases, and tax reforms.



For individual income tax rates, the trend has been toward lower tax rates. In 1980, the top marginal tax rate was 70%, but it was lowered to 28% in 1986. Since then, there have been several changes to the tax code that have lowered the top marginal tax rate even further. In 2017, the top marginal tax rate was lowered to 37%. For corporate income tax rates, the trend has also been toward lower tax rates. In 1980, the corporate tax rate was 46%, but it was lowered to 35% in 1993. Since then, there have been several changes to the tax code that have lowered the corporate tax rate even further. In 2017, the corporate tax rate was lowered to 21%. Overall, the trend in both individual and corporate income tax rates over the past 40 years has been toward lower tax rates. This has been driven by several factors, including changes in the political and economic environment, as well as efforts to promote economic growth and job creation. However, there have also been calls for tax reform and increased tax revenues in recent years, so it remains to be seen what the future holds for tax rates.

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What is a characteristic of material in the public domain?
A.
It is more easily recognized in any legal proceeding.
B.
It gives exclusive copyright protection rights to the user.
C.
It has a lesser number of copyright restrictions.
D.
It is free from copyright restrictions.
E.
It is eligible for intellectual property rights other than copyright.

Answers

The characteristic of material in the public domain is option  D.

It is free from copyright restrictions.

Public domain explained.

Public domain refer to   creative works such as books, arts that are not protected by intellectual property laws like trademarks, patent. When a work is in public domain it can be copied and distributed to anyone without any payment of royalties to the original creators.

Public domain is a valuable resources that creators public and researchers have free exchange of ideas and cultural expressions.

The characteristic of material in the public domain is option  D.

It is free from copyright restrictions. This means that anyone can copy or distribute it without seeking permission from anyone.

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A FEATURE FILM PROMOTING ENTREPRENEURSHIP SOLD ALMOST HALF OF THE TOTAL TICKETS. TICKETS WERE PRICED AT PHP 75 FOR STUDENTS. IF THE AMOUNT COLLECTED FROM THE TICKETS WAS PHP 11,250,HOW MANY TICKETS OF STUDENTS WERE SOLD?​

Answers

Answer:

150 tickets

Explanation:

Writing out needed parameters :

Price per student ticket (price of one student ticket) = PHP 75

The total revenue made from ticket sales ; (Total amount earned from the sale of student tickets) = PHP 11,250

The number of student tickets sold will be:

Total amout earned from sale / cost per ticket

PHP 11250 / PHP 75

= 150 tickets

explain the negative effects that will arise as a result of the management's actions that often practice favoritism in the process of hiring new employees​

Answers

Answer:

When management practices favoritism in the process of hiring new employees, it can lead to negative effects on both the organization and its employees, including:

1. Decreased morale: Employees who are passed over for promotions or job opportunities due to favoritism may become demotivated and feel undervalued. This can result in decreased productivity, higher absenteeism, and even employee turnover.

2. Decreased trust: When management practices favoritism, it erodes trust among employees and between employees and management. Employees may feel that the organization is not transparent or fair in its practices, which can lead to a lack of commitment and loyalty.

3. Decreased diversity: Favoritism can lead to a lack of diversity in the workplace, as managers may favor candidates who share their same background, experiences, or opinions. This can limit the perspectives and ideas brought to the table and may negatively impact the organization's performance and growth.

4. Legal repercussions: Favoritism in the hiring process can result in legal issues for the organization, including discrimination lawsuits or complaints filed with government agencies. This can damage the organization's reputation and result in financial penalties or other legal consequences.

Explanation:

In conclusion, the negative effects of management's actions of favoritism in the process of hiring new employees can be significant, and can impact the organization's overall performance and success. It is important for management to establish fair and transparent hiring practices, which can help to ensure that all employees are valued and given equal opportunities for career advancement.

In some countries a surgeon can earn 250000 or more each year. A nurse may earn just 40000 in comparison. Suggest three reasons for this differential in earnings.

In some countries a surgeon can earn 250000 or more each year. A nurse may earn just 40000 in comparison.

Answers

Answer: See explanation

Explanation:

The reasons for the difference in wages include:

1. Education and training: A nurse uses about 4-5 years to train to become a nurse while a surgeon uses about 15 years both at medical school and for further training and examination before he or she qualifies as a surgeon. This is a reason for the higher earning of the surgeon.

2. Also, due to the low barriers to entry, there are numerous nurses than surgeons who are few. This affects earnings as well as there are more supply of nurses which brings about a lower income than surgeons who are scarce and highly priced.

3. The skills and experience matters as well and the risks involved in their jobs results in wage difference too.

Help please!!
Andrew is a software professional. He wants to join a group of software professionals on a networking site to remain updated on latest software trends. Which networking site should Andrew join?

Help please!!Andrew is a software professional. He wants to join a group of software professionals on

Answers

Answer:

Linkedin

Explanation:

it specializes in that department

Spending plans are divided into three categories with roughly ______% of the after tax budget going to the category of needs and _____________ % of the after tax budget going to wants, with the rest going to esi.

Answers

Spending plans are divided into three categories with roughly 50% of the after tax budget going to the category of needs and 30 % of the after tax budget going to wants, with the rest going to ESI.

More about Spending plans:

A spending plan is a way to allocate your income to the assortment of needs and wants. You can effectively manage your finances and choose where to spend your money by making a spending plan in advance.

In the spending plan daily costs and short-term spending are your needs. Consider your rent or mortgage payment, groceries, gas, auto payments, and so on. You must budget for these expenses because, well, you can end up in some serious financial difficulty if you don't.

The items and experiences you want and wish to budget for are often your wants. Taking a trip with friends or family over the weekend, attending a concert, or going out to dinner are some examples.

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reported the following in its annual income statement: basic earnings per share of $2.13. there were 4,042 million weighted average number of common stock shares outstanding during the year. the par value of the common shares was $1.00 per share and the average cost of the treasury stock was $12.00 per share. how much net income (in millions), did the company report for the year? $

Answers

Basic earnings per share of $2.13. there were 4,042 million weighted average number of common stock shares outstanding during the year. Then, Net income is $2.13 × 4,042 million = $8,609 million.

What is Net income?

Sales are subtracted from cost of products sold, selling, general and administrative expenditures, operating expenses, depreciation, interest, taxes, and other expenses to arrive at net income (NI), also known as net earnings. Investors can use this figure to determine how much a company's revenue exceeds its costs. This figure is a measure of a company's profitability and may be found on the income statement. Businesses determine their earnings per share using net income. Since it appears at the bottom of the income statement, net income is frequently referred to as the bottom line by business analysts. In the UK, analysts refer to NI as profit attributable to shareholders.

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Posted this question already and no response.

Posted this question already and no response.

Answers

Answer: A medium of exchange

Explanation:

Which of the following describes "tax progressivity"?

Answers

Paying taxes based on the rate of income in the society is the best description of tax progressivity.

What is tax progressivity?

This is the tax system that exist in a society that would have the people that have more income paying higher taxes.

In this system, people would have to pay their taxes based on the amount of money that they earn.

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Answer: The relation of tax rate to income

Explanation:

A type of pricing strategy we’re in the same product being sold at a different place but have different price

Answers

Price discrimination is a sales strategy of selling the same product or service to different customers for different prices. First-degree price discrimination involves selling a product at the exact price that each customer is willing to pay.
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