Business, 24.03.2020 01:02 singlegirlforlife541
Suppose a professional basketball game is to be played at a suburban arena, which increases demand for parking on the night of the game. If the suburban area has the ability to create additional parking during periods of peak demand, thern
β A the supply of parking will be more elastic and the price of parking will increase by a relatively large amount the night of the game
O B. the supply of parking will be more elastic and the price of parking will increase by a relatively small amount the night of the game.
O C. the supply of parking will be more inelastic and the price of parking will increase by a relatively small amount the night of the game.
O D. the supply of parking will be more inelastic and the price of parking will not change the night of the game.
E. the supply of parking will be perfectly elastic and the price of parking will increase by a relatively large amount the night of the game.
Answers: 3
Business, 22.06.2019 11:00
Down under products, ltd., of australia has budgeted sales of its popular boomerang for the next four months as follows: unit salesapril 74,000may 85,000june 114,000july 92,000the company is now in the process of preparing a production budget for the second quarter. past experience has shown that end-of-month inventory levels must equal 10% of the following monthβs unit sales. the inventory at the end of march was 7,400 units.required: prepare a production budget by month and in total, for the second quarter.
Answers: 3
Business, 22.06.2019 20:30
Data for hermann corporation are shown below: per unit percent of sales selling price $ 125 100 % variable expenses 80 64 contribution margin $ 45 36 % fixed expenses are $85,000 per month and the company is selling 2,700 units per month. required: 1-a. how much will net operating income increase (decrease) per month if the monthly advertising budget increases by $9,000 and monthly sales increase by $20,000? 1-b. should the advertising budget be increased?
Answers: 1
Business, 22.06.2019 20:30
What could cause a production possibilities curve to move down and to the left? a.) a nation loses land after being defeated in a war. b.) an increase in the use of computer technology speeds up production c.) a baby boom 20 years ago results in a large number of young adults in the population today. d.) thousands of investors from overseas invest money in a nations economy.
Answers: 1
Business, 22.06.2019 22:30
Aresearcher developing scanners to search for hidden weapons at airports has concluded that a new scanner isis significantly better than the current scanner. he made his decision based on a test using alpha equals 0.025 .Ξ±=0.025. would he have made the same decision at alpha equals 0.10 question mark Ξ±=0.10? how about alpha equals 0.01 question mark Ξ±=0.01? explain
Answers: 3
Suppose a professional basketball game is to be played at a suburban arena, which increases demand f...
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