Business, 21.11.2019 01:31 Hippiekoolaid

Here are the supply and demand equations for throstles, where p is the price in dollars: d(p) = 40 − p s(p) = 10 + p 1. draw the demand and supply curves for throstles using blue ink. 2. what is the equilibrium price? what is the equilibrium quantity? 3. suppose that the government decides to restrict the industry to selling only 20 throstles. at what price would 20 throstles be demanded? how many throstles would suppliers supply at that price? at what price would the suppliers supply only 20 units? 4. the government wants to make sure that only 20 throstles are bought, but it doesn’t want the firms in the industry to receive more than the minimum price that it would take to have them supply 20 throstles. one way to do this is for the government to issue 20 ration coupons. then in order to buy a throstle, a consumer would need to present a ration coupon along with the necessary amount of money to pay for the good. if the ration coupons were freely bought and sold on the open market, what would be the equilibrium price of these coupons? 5. on the graph, shade in the area that represents the deadweight loss from restricting the supply of throstles to 20. how much is this expressed in dollars?

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 01:00

The following account balances at the beginning of january were selected from the general ledger of fresh bagel manufacturingâ€‹ company: work in process inventory â€‹$0 raw materials inventory $ 29 comma 000 finished goods inventory $ 40 comma 900 additionalâ€‹ data: 1. actual manufacturing overhead for january amounted to $ 62 comma 600. 2. total direct labor cost for january was $ 63 comma 600. 3. the predetermined manufacturing overhead rate is based on direct labor cost. the budget for the year called for $ 255 comma 000 of direct labor cost and $ 382 comma 500 of manufacturing overhead costs. 4. the only job unfinished on january 31 was job no.â€‹ 151, for which total direct labor charges were $ 5 comma 700 â€‹(1 comma 000 direct laborâ€‹ hours) and total direct material charges were $ 14 comma 400. 5. cost of direct materials placed in production during january totaled $ 123 comma 300. there were no indirect material requisitions during january. 6. january 31 balance in raw materials inventory was $ 35 comma 200. 7. finished goods inventory balance on january 31 was $ 35 comma 400. what is the cost of goods manufactured forâ€‹ january

Answers: 1

Answer

Business, 22.06.2019 20:40

Cherokee inc. is a merchandiser that provided the following information: amount number of units sold 20,000 selling price per unit $ 30 variable selling expense per unit $ 4 variable administrative expense per unit $ 2 total fixed selling expense $ 40,000 total fixed administrative expense $ 30,000 beginning merchandise inventory $ 24,000 ending merchandise inventory $ 44,000 merchandise purchases $ 180,000 required: 1. prepare a traditional income statement. 2. prepare a contribution format income statement.

Answers: 2

Answer

Business, 22.06.2019 21:10

Match the terms with their correct definition. terms: 1. accounts receivable 2. other receivables 3 debtor 4. notes receivable 5. maturity date 6. creditor definitions: a. the party to a credit transaction who takes on an obligation/payable. b. the party who receives a receivable and will collect cash in the future. c. a written promise to pay a specified amount of money at a particular future date. d. the date when the note receivable is due. e. a miscellaneous category that includes any other type of receivable where there is a right to receive cash in the future. f. the right to receive cash in the future from customers for goods sold or for services performed.

Answers: 1

Answer

Business, 22.06.2019 21:50

Assume that (i) setups need to be completed first; (ii) a setup can only start once the batch has arrived at the resource, and (iii) all flow units of a batch need to be processed at a resource before any of the units of the batch can be moved to the next resource. process step 1 molding 2 painting 3 dressing setup time 15 min. 30 min. no setup processing time 0.25 min./unit 0.15 min./unit 0.30 min./unit which batch size would minimize inventory without decreasing the process capacity?

Answers: 1

Answer

You know the right answer?

Here are the supply and demand equations for throstles, where p is the price in dollars: d(p) = 40...

Questions