The new equilibrium price and quantity suggest that the shape of the long-run supply curve in this industry is:_________

Answers

Answer 1

The new equilibrium price and quantity suggest that the shape of the long-run supply curve in this industry is horizontal.

In astronomy, geography, and related sciences and contexts, a direction or plane passing through a particular point is said to be perpendicular if that point contains the local direction of gravity. Conversely, a direction or plane is said to be horizontal if it is perpendicular to the vertical. In general, vertical objects can be drawn from top to bottom (or bottom to top). B. The y-axis of the Cartesian coordinate system.

A horizontal line is a line that runs from left to right. When you watch the sunrise over the horizon, you see the sun rise above the horizon. The x-axis is an example of a horizontal line.

Learn more about horizontal  here: https://brainly.com/question/25705666

#SPJ1


Related Questions

Which of the following procedures would allow you to make a spectrum of the Sun similar to the one shown, though with less detail

Answers

If you put a narrow beam of sunlight through a prism, the prism will bend different light wavelengths differently, allowing the sun's white light to diffuse into a rainbow of hues.

Dark lines known as absorption characteristics can be seen against the spectrum's brighter background.

What is Splitting of Light?If you put a narrow beam of sunlight through a prism, the prism will bend different light wavelengths differently, allowing the sun's white light to diffuse into a rainbow of hues.Dark lines known as absorption characteristics can be seen against the spectrum's brighter background.By having differing optical densities, different materials can be recognized from one another.The tendency of a substance to slow down light as it travels through it is simply measured by the optical density. As was previously said, a light wave passing through a transparent substance interacts with its atoms.When a light wave strikes an atom of the substance, that atom absorbs the light wave.

know more about Splitting of Light https://brainly.com/question/13089084

#SPJ4

A group of nations or companies that band together to act as a monopoly is known as a(n)_____cartel.

Answers

It is known as cartel.

A cartel is a group of separate firms or organizations that band together to fix the price of a product or service. Cartels compete in the same industry and strive to minimize competition by setting prices in accordance with one another.

Cartels employ tactics such as supply reduction, price fixing, collusive bidding, and market carving. Cartels are regarded unlawful and advocates of anti-competitive behavior in the majority of regions. Cartel actions typically harm customers through rising pricing and a lack of transparency.

Therefore, the answer is cartel that creates monopoly.

To know more about cartel click here:

https://brainly.com/question/15294015

#SPJ4

True or false: Controlling involves developing goals and preparing various budgets to achieve those goals.

Answers

False, Planning involves developing goals and preparing various budgets to achieve those goals not controlling

Controlling involves determining if goals have been followed and taking corrective measures

Control is a management feature that helps you check for errors in order to take corrective action. This is done to minimize deviations from standards and ensure that the organization's set goals are achieved in the desired way.

The corporate governance management process is when managers define, measure, improve and manage cost management of their business operations. Control processes allow enterprises to manage changes in their supply chain, customer demand, and other variables that affect their lives.

Learn about controlling function here:https://brainly.com/question/22691648

#SPJ1

What is it called when a project manager involves stakeholders in decision-making to reach a broader consensus?

Answers

Stakeholder buy-in is when a project manager involves stakeholders in decision-making to reach a broader consensus.

What is Stakeholder buy-in?

Stakeholder are important people in the business or company.

They usually have a share in a business or organization. Some of them are committed  to a company with their substance and are usually involved when making important decision.

Therefore, Stakeholder buy-in is when a project manager involves stakeholders in decision-making to reach a broader consensus.

Learn more on Stakeholder  below

https://brainly.com/question/15532995

#SPJ1

True or false: one reason for the growth of sponsorships has been the need for companies to break through the clutter of advertising.

Answers

It is True that one reason for the growth of sponsorships has been the need for companies to break through the clutter of advertising.

What is the purpose of sponsorships in a firm?

sponsorships is essential for the firm because it will help them to be able to sponsor their advertisement of their brand so as to bring more profit.

In this case, It is True that one reason for the growth of sponsorships has been the need for companies to break through the clutter of advertising.

Learn more about sponsorships on:

https://brainly.com/question/1047489

#SPJ1

Gary and Anita wish to protest their property tax assessment by petitioning the Value Adjustment Board (VAB). What is the time frame in which they must do this

Answers

The time frame in which they must protest their property tax assessment by petitioning the Value Adjustment Board (VAB) is within 25 days of the date the TRIM notice was mailed.

The official Notice of Proposed Property Taxes is represented by the abbreviation TRIM, which stands for TRUTH IN MILLAGE.

The Property Appraiser mails this notice to the owner of the record for each property in Saint Lucie County every year in the middle of August as required by Florida law.

Although not a bill, this notice is nonetheless quite significant. Based on the planned millage (tax) rates, your property value as of January 1 of that year, and any relevant exemptions for which you are eligible, it is an estimate of your property taxes.

Additionally, it includes the dates and hours of the public meetings the taxing authorities will hold to discuss draft budgets. The Value Adjustment Board's formal appeal deadline is also specified in the TRIM notice (VAB).

Hence, the time frame in which they must do this is within 25 days of the date the TRIM notice was mailed.

Learn more about property tax:

https://brainly.com/question/13887483

#SPJ1

If a firm has two divisions and one division is riskier than the other, what would be the potential result if the firm used its overall wacc to evaluate the projects in both divisions?

Answers

If a firm uses an overall WACC for both the projects this will have impact on both the projects as the riskier project will show positive result as the WACC will be lower as compared to what should be and the less riskier project will show negative results as compared to when calculated with own WACC.

What is Interest Rate?

Interest rate is the rate of borrowing in the market, however to calculate WACC this interest rate is adjusted with other factors such as, the risk of the project or company.

The risk have a significant effect over the WACC and therefore it is highly recommended that project specific WACC is used.

Learn more about Interest Rate at https://brainly.com/question/27135457

#SPJ1

The Hoyt and Burgess models of land use both assume that __________. A. growth expands in zones along railroads and highways B. perishable items are grown closest to the city center C. the wealthy live in the outermost ring D. the central business district is the epicenter

Answers

The answer is D I hope this will help you.

50 percent of your potential customers would be willing to buy your product for $16 each, but the other 50 percent would be willing to pay no more than $10. HINT: In other words, we can say that: For any random customer that happens to walk into your store, there is a 50 percent chance that that customer will pay the full $16, versus a 50 percent chance that that customer will only be willing to pay $10. Unfortunately, you cannot tell your customers apart. Your marginal cost per unit, PER SALE is $4. HINT: To clarify further, you should assume that the marginal cost of $4 per sale is ONLY incurred if a sale is actually made. (In other words, we'll assume that if you do not make a given sale, then you don't get any revenue, but you also don't recognize any cost, so profit is zero in that scenario.) If you set the selling price of each unit at $16, the expected profit per customer is:_________.

Answers

If you set the selling price of each unit at $16, the expected profit per customer is: $6.

Expected profit

Using this formula

Expected profit=Lowest amount willing to pay-Marginal cost

Where:

Lowest amount willing to pay=$10

Marginal cost=$4

Let plug in the formula

Expected profit=$10 - $4

Expected profit= $6

Therefore if you set the selling price of each unit at $16, the expected profit per customer is: $6.

Learn more about expected profit here:https://brainly.com/question/4177260

#SPJ1

What is the main goal of real estate investing?

Answers

Answer:

The big goal of real estate investing is to increase your cash, otherwise known as building capital.

A car dealer advertises a rock-bottom price for a sports utility vehicle that usually goes for $1,000 or more. When you get to the dealership, though, the salesperson can't find that particular car on the lot. Maybe it was sold this morning before he got in. The salesperson offers a higher-priced car. This is called _______.

Answers

The salesperson offers a higher-priced car. This is called Bait Pricing.

What is Bait Pricing?Bait pricing is a marketing technique that involves tricking consumers into believing they will have to pay less for a more expensive product. The phrase "bait-and-switch pricing" is shortened to this. This strategy promotes prices that are frequently unexpectedly cheap, or at least significantly lower than those that are typically offered in the market. Many times, a company would promote a product at an extremely low price just to later admit that the original item displayed is not actually available. It might be replaced with a more expensive alternative. There are various situations when the use of bait pricing can result in legal action.

Rock-bottom price is the lowest level price of the sports utility level. The car dealer advertises the vehicle at that price. And after going through the advertisement, getting the dealership, the salesperson can't find that particular car, this is called Bait Pricing.

Know more about Bait-Pricing with the help of the given link:

https://brainly.com/question/13472305

#SPJ4

Greg earned $25,500 in 2021 and had $1,500 of federal income taxes withheld from his salary. Assuming that Greg is single, 25 years old, and will have a total tax liability of $1,355 (and thus will receive a $145 refund), he:

Answers

Assuming that Greg is single, 25 years old, and will have a total tax liability of $1,355 (and thus will receive a $145 refund), he: is required to file a tax return.

What is total tax liability?The total amount of tax debt owing by an individual, corporation, or other entity to a taxation authority such as the Internal Revenue Service is referred to as tax liability (IRS). Tax responsibilities include income taxes, sales taxes, and capital gains taxes.Your gross tax liability is equal to your taxable income minus your tax deductions. Your total income tax burden equals your gross tax liability less any tax credits you are qualified for.The key to lowering your tax liability is to reduce the percentage of your gross income that is subject to taxation. Consider raising your retirement savings. Investing pre-tax cash in an employer-sponsored retirement plan, such as a 401(k), is a simple way to lower your taxable income for the year.

Therefore, assuming that Greg is single, 25 years old, and will have a total tax liability of $1,355 (and thus will receive a $145 refund), he: is required to file a tax return.

Know more about total tax liability here:

https://brainly.com/question/5186741

#SPJ4

You notice that when a new yoga class is offered at the student recreation center at a highly desirable time, some students from the other yoga classes go to the new class instead. This statement best represents this economic concept:

Answers

You notice that when a new yoga class is offered at the student recreation center at a highly desirable time, some students from the other yoga classes go to the new class instead. This statement best represents this economic concept people usually exploit opportunities to make themselves better off.

Recreation includes all of the pursuits people make for the purpose of renewing their bodies and brains and adding interest and enjoyment to their free time. Exercises like walking, swimming, meditating, reading, playing games, and dancing are examples of leisure activities.

At its most fundamental level, economics aims to explain how and why we choose the products we do. Scarcity, supply and demand, costs and benefits, and incentives are four fundamental economic ideas that can be used to explain a variety of human decisions.

Learn more about economic concepts here

https://brainly.com/question/27569024

#SPJ4

A product whose revenues do not cover the sum of its variable costs, its traceable fixed costs, and its allocated share of general corporate administrative expenses should usually be dropped. Group startsTrue or FalseTrue, unselectedFalse, unselected

Answers

The statement is false.

What is the cost?

Any expense a company faces when producing its products or performing its services is referred to as a cost.

What do you understand by variable and fixed costs?

Any expenses that vary according to how much a business produces and sells are considered variable costs. As a result, variable costs grow with rising production and diminish with falling production.Contrarily, fixed costs are those outlays that don't change regardless of how much a business produces.

What is the Revenue?

The total income derived from the sale of products or services about a business's core operations is referred to as revenue.

Learn more about revenue and cost: https://brainly.com/question/12387606

#SPJ4

A homeowner from State A hired a contractor from State B to build a vacation home for her in State C. The parties signe

Answers

The following facts is most relevant to the court's decision on the homeowner's motion : The contractor removed the case to the federal court for State A.

INTERPRETATION-

The commencement of the action in State A is most relevant. When a case is removed from state court to federal court, venue is set in the federal district court that embraces the state court in which the action was pending, making the federal district court of State A the only appropriate venue choice.

Thus, (C) is the correct answer because the most (indeed, only) relevant fact is the fact that the action was commenced in a court of State A.

In answer choice (B)

Unlike cases commenced in federal court, in cases removed to federal court, the residence of the defendant contractor.

In answer choices (A) and (D)

The place where a substantial part of events relating to the claim occurred are irrelevant.

Therefore we can conclude that the correct choice is C.

Your question is incomplete, but most probably your full question was:

A homeowner from State A hired a contractor from State B to build a vacation home for her in State C:

A. The parties signed the contract in State A.

B. The contractor breached the contract, and the homeowner sued the contractor in a court of State A, seeking damages of $100,000.

C. The contractor removed the case to the federal court for State A.

D. The homeowner promptly moved to remand the case to state court, arguing that venue was improper.

Which of the following facts is most relevant to the court's decision on the homeowner's motion?

Learn more about Federal Court's Decision on:

brainly.com/question/10051092

#SPJ4

In the absence of urban manufacturing jobs, low wage service sector jobs have emerged to meet the needs of corporations. Low wage service jobs often face some of the lowest wages and poorest working conditions. People employed in these occupations are described as:

Answers

People employed in these occupations are described as low-skilled minorities .

What is spatial mismatch hypothesis?

The spatial mismatch hypothesis (SMH)  serves as an a hypothesis that stressed  that low-skilled minorities residing in US inner cities experience poor labour market outcomes.

And this case,  they are disconnected from suburban job opportunities, hence  and they experience, Low wage service jobs often face some of the lowest wages and poorest working conditions.

Learn more about spatial mismatch hypothesis on:

https://brainly.com/question/15357863

#SPJ1

An investor claims a prospectus contained an untrue statement. For purposes of bringing a civil suit for liability under Section 12 of the Securities Act of 1933, and claiming damages, the information must have been untrue at what time

Answers

An investor claims a prospectus contained an untrue statement. For purposes of bringing a civil suit for liability under Section 12 of the Securities Act of 1933, and claiming damages, the information must have been untrue at the time of sale.

What Is the Securities Act of 1933?

Following the 1929 stock market disaster, the Securities Act of 1933 was developed and enacted into law to safeguard investors. The Act had two main objectives: to establish regulations against deception and fraudulent activity in the securities markets; and to ensure greater transparency in financial statements so that investors may make informed investment decisions.

Securities Exempt from SEC Registration

The Act's registration requirement does not apply to all securities offerings. These incorporate:

Intrastate products and servicesLimited-size offeringsMunicipal, state, and federal government-issued securitiesPrivate offerings to a select few people or organizations.

The Securities Act of 1933 also sought to outlaw false statements and deception. The measure aims to end fraud that occurs during the sale of securities.

Learn more about the Securities Act of 1933 with the help of the given link:

brainly.com/question/14855615

#SPJ4

Instead, if you make quarterly payments of $800, how much will you have saved in 10 years?

Answers

$32,000 will be the savings amount after 10 years. Savings are the funds that remain after subtracting a person's consumer spending from their disposable income during a specific time period. Savings, then, is what's left over after all bills and commitments have been fulfilled for an individual or household.

Cash or cash equivalents (such as bank deposits) are used to store savings since they carry no danger of loss but also offer very low returns. Savings can increase through investing, but doing so involves putting money at risk. One is considered to be living paycheck to paycheck if they are unable to keep savings.

To learn more about savings, click here


https://brainly.com/question/7965246


#SPJ4

An increase in the quantity demanded means that:

Answers

Answer:

It is caused by a decrease in price

In each milestone, you may want or need to use the database and query tool to answer some of the questions. We suggest you open the tool in another browser tab while you are working on this assessment. https://postgres.sophia.org/ Which of these constraints verifies that data in a column is based on columns in other tables

Answers

The above question is about SQL Column Table Constraints. See the correct response below.

What is an SQL Column Constraint?

Constraints generally are instructions and rules that data entered onto a database must abide by. Constraints are employed to verify data. It outlines the requirements that the data must meet.

The kinds of data that can be entered into a table are restricted by constraints. This guarantees the reliability and accuracy of the data in the table.

The action is stopped if there is a contradiction between the constraint and the data action. Column-level or table-level constraints are both possible.

Which of these constraints verifies that data in a column is based on columns in other tables?

The constrain form the attached example given via the link in the question, the constraint that verifies that data in a column is based on columns in other tables is:

"VARCHAR (40)"

This kind of constraint is called an SQL CHECK Constraint. When a CHECK is put on a column, it ensures only a defined values will be able to be entered for that column.

When it is placed on a table, it serves to limit the kind of values that can enter onto certain columns based on the defined values related to other columns in the row.

Learn more about SQL Constraints at;
https://brainly.com/question/19593791

#SPJ1

Amanda can only engage her employees in three of the five levels of decision making. Which of the following levels should she allow them to participate in?

Answers

She should allow them to participate in Generating alternatives, Planning implementation, and Evaluating results.

1. Generating alternatives:

The degrees of decision-making among the staff members are:

Employees research the issue and propose potential remedies, from which one or more are chosen by their superiors.

2.  Planning implementation -

When a solution is determined by managers or leaders to be the most profitable one, employees collaborate to plan its execution.

Explanation:

When a solution is determined by managers or leaders to be the most profitable one, employees collaborate to plan its execution.

3. Evaluating results -

Employees might be involved in the evaluation of results against the standards and goals they have taken into consideration once the solution has been put into place.

Employees are not actively participating in the other two levels of decision-making, namely identifying the issue and choosing solutions.

Instead, the manager or leader is responsible for these two levels.

Explanation: Please refer to the solution in this step.

Answer: Employees are not actively participating in the other two levels of decision-making, namely identifying the issue and choosing solutions.

Learn more about decision-making here: https://brainly.com/question/25870371

#SPJ4

The correct option for which of the three levels out of five levels of decision making she should allow them to participate in are: B. Generating Alternatives, D. Planning implementation, and E. Evaluating results

1. Generating alternatives:

The degrees of decision-making among the staff members are:

Employees research the issue and propose potential remedies, from which one or more are chosen by their superiors.

2. Planning implementation -

When a solution is determined by managers or leaders to be the most profitable one, employees collaborate to plan its execution.

3. Evaluating results -

Employees might be involved in the evaluation of results against the standards and goals they have taken into consideration once the solution has been put into place.

Employees are not actively participating in the other two levels of decision-making, namely identifying the issue and choosing solutions.

Instead, the manager or leader is responsible for these two levels.

Employees are not actively participating in the other two levels of decision-making, namely identifying the issue and choosing solutions.

Your question is incomplete. Please read below for the missing content.

Amanda can only engage her employees in three of the five levels of decision-making. Which of the following levels should she allow them to participate in? Check all that apply.

A. Identifying the problem

B. Generating alternatives

C. Selecting solutions

D. Planning implementation

E. Evaluating results

Learn more about decision-making here https://brainly.com/question/1249089

#SPJ4

Large conglomerates that combine many different financial institutions within a single corporation are known as________.

Answers

Large conglomerates that combine many different financial institutions within a single corporation are known as  financial services corporations. a company that offers a variety of financial services, such as commercial banking, insurance, and brokerage. The economy is divided into a number of distinct categories known as sectors.

These industries are made up of various businesses that provide consumers with goods and services. Institutions in the same industry are grouped together because they offer comparable goods or services. Businesses that provide agricultural services, for example, make up the agricultural industry. Businesses that provide mobile or cellular telephone services are classified in the telecommunications industry.

To learn more about Institutions, click here.

https://brainly.com/question/20425543

#SPJ4

The cost structures of a monopoly have ____________ relationships among fixed costs, variable costs, marginal costs, and average cost values as pure competition.

Answers

The cost structure of the monopoly have the same relationship.

A monopoly is a single corporation that controls an industry. A monopoly can form organically or be imposed by the government for certain reasons. A corporation, on the other hand, might obtain or retain a dominant position by unfair actions that limit competition and deprive customers of choice.

A monopolist produces less and sells it for more than a completely competitive enterprise. The customers who desire the monopolist's output pay a high price for the monopolist's actions. The limiting of industry production is the primary cost of monopoly.

As a result, monopolistic cost structures exhibit the same correlations between fixed costs, variable costs, marginal costs, and average cost values as pure competition.

To know more about monopoly click here:

https://brainly.com/question/13113415

#SPJ4

An entity that seeks to earn a profit by providing a good or service is known as a(n)?

Answers

An entity that seeks to earn a profit by providing a good or service is known as a business.

See the explanation below

What is the concept of a business?

Simply put, a business is any enterprise established with the aim of making money or profit. A business can sell goods or provide services to customers or clients, although a business can operate for a long without making profits.

However, a point will come when there is no loss and no gain, this is when the business is said to have broken even.

Learn more about the concept of business here:

https://brainly.com/question/24159962

#SPJ1

According to the​ text, firms encounter rising costs when they attempt to produce more in the same time period. As a​ consequence, they must be offered a higher price to be willing to incur these higher costs. The resulting relationship between price and quantity supplied is:.

Answers

The resulting relationship between price and quantity supplied is called-

Law of Supply and this is a direct ( or positive ) relationship.

The law of supply states that there is a positive relationship between the

price and the quantity supplied.

What is meaning of law of supply?Law of supply states that other factors remaining constant, price and quantity supplied of a good are directly related to each other. In other words, when the price paid by buyers for a good rises, then suppliers increase the supply of that good in the market.

The law of supply summarizes the effect price changes have on a producer's behavior. For example, a business will make more of a good (such as TVs or cars) if the price of that product increases. So, if the price of TVs increases, TV producers are incentivized to produce more of them.

To learn more about Law of Supply, Click the links.

https://brainly.com/question/1222851

https://brainly.com/question/1341614

#SPJ4

A fifty-unit apartment building has a 4. 5-kw electric clothes dryer in each apartment. By using the optional method, what is the service demand load?

Answers

The demand load is 58.5 kw.

Given 4.5kw electric cloth dryer.

Service demand load is to be computed.

The operational load (including any tactical load) and nonoperational demand loads are added together to form the demand load. It is calculated by adding the appropriate demand factor to each linked load and a diversity factor to the total.

According to the national electrical code, a building with 50  units the demand factor is  26%.

Now demand load = 4.5kw × 50 × 26%

                             =4.5kw×50 × 26/100

                             = 58.5 kw

Therefore, the demand load is 58.5kw

To know more about service demand load click here:

https://brainly.com/question/11487219

#SPJ4

Louisa is interested in investing in the stock of a corporation that pays regular dividends and generates consistent growth, so she chose a leading pharmaceutical company. Louisa is interested in purchasing __________ stocks.

Answers

Louisa is interested in investing in the stock of a corporation that pays regular dividends and generates consistent growth, so she chose a leading pharmaceutical company. Louisa is interested in purchasing Bluechip stocks. This is further explained below.

What is Bluechip stocks.?

Generally, A large, well-known corporation is referred to as a "blue chip stock."

In conclusion, Louisa wants to invest in a firm that provides regular dividends and grows at a steady pace, so she picked a pharmaceutical company as her investment vehicle. Louisa is considering investing in blue-chip companies.

Read more about Bluechip stocks.

https://brainly.com/question/15077166

#SPJ1

In terms of commonly traded organizational currencies, providing friendship, giving emotional backing, and listening to others' concerns and issues are examples of _______-related currencies.

Answers

In terms of commonly traded organizational currencies, giving a task that could result in a promotion, acknowledging someone's effort and accomplishments, and providing opportunities for linking with others are examples of e. Position-related -related currencies.

Foreign money is a kind of money and medium of change. Currency consists of paper, cotton, or polymer banknotes and metal coins. States generally have a monopoly on the issuing of forex, although some states have percentage currencies with different states.

Kuwaiti Dinar is ranked the top maximum currency in the world in 2022. it is also taken into consideration the best and most powerful inside the world today. Kuwait is a rustic recognized for its first-rate exploits in the oil enterprise. It has a globally solid economic system.

Appearance up foreign money in Wiktionary, the unfastened dictionary. A currency is the standardization of money in any shape, in use, or circulates as a medium of alternate, for example, banknotes and coins.

Learn more about the currencies here: https://brainly.com/question/2202418

#SPJ1

In terms of commonly traded organizational currencies, giving a task that could result in a promotion, acknowledging someone's effort and accomplishments, and providing opportunities for linking with others are examples of p[tion(e) i.e, Position-related -related currencies.

A form of currency and a means of exchange is foreign money. Paper, cotton, or polymer banknotes and metal coins make up the money. Although some states have percentage currencies with other states, states typically have a monopoly on the issuance of foreign exchange.

In 2022, the Kuwaiti dinar is predicted to be the most valuable currency in the world. It is also regarded as the best and most powerful in the modern world. Kuwait is a nation renowned for its outstanding achievements in the oil industry. It has a sound economic structure worldwide.

A currency is the uniformization of money in any form that is in circulation or is used as an alternative means of exchange, such as banknotes and coins.

The complete question is:

In terms of commonly traded organizational currencies, giving a task that could result in a promotion, acknowledging someone's effort and accomplishments, and providing opportunities for linking with others are examples of ______-related currencies.

a. Relationship

b. Personal

c. Inspiration

d. Task

e. Position

Learn more about the currencies here: https://brainly.com/question/2202418

#SPJ1

How much did the quantity of lemons increase if the price elasticity of supply of lemons is 222, and how is that elasticity interpreted

Answers

The increase in quantity of lemons would also depend on the change in price, given that the price elasticity of supply is 222.

What is price elasticity?Price elasticity of demand measures how much a product's consumption changes in response to price changes. Price elasticity is a tool used by economists to analyze how supply and demand for a product fluctuate in response to price changes. The pricing of some items are particularly inelastic, according to economists. In other words, neither a price decrease nor an increase in price significantly affect demand. For instance, the price-elasticity of demand for gasoline is low. Drivers, as well as airlines, the trucking industry, and practically every other buyer, will continue to make as many purchases as necessary.

Mathematically expressed, Price Elasticity of Demand = Percentage Change in Quantity Demanded / Percentage Change in Price.

Therefore, The increase in quantity of lemons would also depend on the change in price.

Know more about the Price Elasticity with the help of the given link:

https://brainly.com/question/14450755

#SPJ4

Answer:

20% elastic

Explanation:

It is the correct answer trust me I am not lying to you. You will get it correct.

Benny is considering investing in Larkman, Inc. The current price of Larkman is $62 a share, the after-tax earnings are $37,900,000, and there are 13,000,000 outstanding shares of common stock. What is Larkman's price/earnings ratio

Answers

Option B. 21.3 is Larkman's price/earnings ratio.

Common stock is a type of stock issued to the majority of a company's shareholders. Common shareholders enjoy certain rights that the other party to the preferred stock does not have. Instead of receiving regular payments, ordinary shareholders derive value from their stock as the company grows.

In other words, it's a way to split ownership of a company. Common stock represents the percentage of ownership of a company. For example, if a company has 100 issued shares, one share is equivalent to 1% of the company's ownership.

Common stock is a type of security that represents ownership of a company. There are other terms that correspond to common stock, such as B. Common stock, common stock, and voting stock.

Your question is incomplete. please read below to find the full content.

Benny is considering investing in Larkman, Inc. The current price of Larkman is $62 a share, the after-tax earnings are $37,900,000, and there are 13,000,000 outstanding shares of common stock. What is Larkman's price/earnings ratio?

a. 15.5

b. 21.3

c. 4.77

d. 17.6

Learn more about common stock at

https://brainly.com/question/10718788

#SPJ1

Other Questions
What is the relationship between 28 and 24? Select the TWO answersthat apply. How was your Valentines Day? I spent it hanging out with my baby cousin. 1.Truong made a pitcher of lemonade for a picnic. Which action shows that lemonade is a liquid and not a solid or a gas?A.Thawing itB.Filling a spiral straw halfway with itC.Heating it up in the sunlightD.Squeezing lemons to make it. ANSWER QUICKLYWhich of the following actions is supported by the tenth amendment? HELLPP!!!What property allows objects to be subject to gravity?frictionmassinertiaacceleration What is the area of the composite figure? 65 cm2 40 cm2 52.5 cm2 60 cm2 Label the locations the followingexplorers explored?Ibn Battuta, Marco Polo, Vasco Da Gama,Christopher Columbus. Mel suddenly finds an opportunity to sell boxed dinners. The new opportunity would require the use of the 30 percent unused capacity. The contribution margin from the dinners would amount to $3,000 annually. Required: a. If Mel decides to sell dinners, what are the total costs for both making and buying the cookies? A motorcyclist traveled at a rate of 60 miles per hour for 3 hours, then took a break for lunch for 45 minutes. She then traveled for another amount of time at 60 miles per hour before reaching her destination. If she traveled a total of 270 miles, and left at 9:30 a.m., at what time did she arrive at her destination?Please help:( need this ASP who was most impacted by the creation of the camps depicted in the picture of the Manzanar Center Interment Center in California What is the equation for the line in slope intercept form Fire Warden Armband$7.50 each$6.50 eachFirst Aid Armband$7.00 each$6.00 eachWhich of the following items showed the greatest percentage discount in price forbuying in bulk?JacketsTrousersRucksacksBeltsFire Warden CapsSubmit Copyright IBM Corp. 2012, 2021 What kinds of topics are most often the subject of literary allusions? (Select ALL correct answers.)A. historyB. scienceC. pop cultureD. mythology the radius of circle C is 10cm. if measure of arc AB is 60, what is the of sector ACB Explain how potential energy and kinetic energy change as a roller coaster around the track Pls help it is due today Match each variable with the best representation of where it appears in the financial accounting statements. Each is only matched once and some responses might not have a match. - Accounts payable - Change in Accounts Receivable - Change in Notes Payable - Property Plant and Equipment - Revenue - Change in long term debt A. Long Term Liabilities on the Balance Sheet B. The Income Statement C. Current Liabilities on the Balance Sheet D. Financing Segment Statement of Cash flows E. Financing Segment on the Statement of Cash Flows F. Fixed Assets on the Balance Sheet G. Operating Segment on the Statement of Cash Flow in Used the following simple present form of verb in sentence.11. swims12.prepare13. answers14. paint15.teach The triangles shown are similar. Which side of triangle PQR corresponds to side LN in triangle MNL? Triangle L N P. Side L N is 12, N M is 10, M L is 14. Triangle P R Q. Side P R is 28, R Q is 24, Q P is 20. RQ PQ PR LM A pharmacy technician would tell a patient about a contraindication if the patient is takingnitroglycerin for angina.warfarin along with aspirin.a laxative to manage constipation.an analgesic and anesthetic for acute pain.