Business, 10.09.2019 03:30 nancysue1975
Another supply and demand puzzle the market price of pizzas in a college town increased recently, and the students in an economics class are debating the cause of the price increase. some students suggest that the price increased because the price of dough, an important ingredient for making pizzas, has increased. other students attribute the increase in the price of pizzas to a recent decrease in the price of beer. everyone agrees that the decrease in the price of beer was caused by a recent decrease in the price of grain, which is not generally used in making pizzas. the first group of students thinks the increase in the price of pizzas is due to the fact that the price of dough, an important ingredient for making pizzas, has increased. on the following graph, adjust the supply and demand curves to illustrate the first group’s explanation for the increase in the price of pizzas. demand supply price (dollars per pizza) quantity (pizzas) demand supply the second group of students attributes the increase in the price of pizzas to the decrease in the price of beer. on the following graph, adjust the supply and demand curves to illustrate the second group's explanation for the increase in the price of pizzas. demand supply price (dollars per pizza) quantity (pizzas) demand supply suppose that both of the events you have just analyzed are partly responsible for the increase in the price of pizzas. based on your analysis of the explanations offered by the two groups of students, how would you figure out which of the possible causes was the dominant cause of the increase in the price of pizzas? if the equilibrium quantity of pizzas decreases, then the supply shift in the market for pizzas must have been larger than the demand shift. if the equilibrium quantity of pizzas decreases, then the demand shift in the market for pizzas must have been larger than the supply shift. whichever change occurred first must have been the primary cause of the change in the price of pizzas. if the price increase was small, then the supply shift in the market for pizzas must have been larger than the demand shift. grade it now save & continue continue without saving
Answers: 2
Another question on Business
Business, 21.06.2019 21:00
John novosel was employed by nationwide insurance company for fifteen years. novosel had been a model employee and, at the time of discharge, was a district claims manager and a candidate for the position of division claims manager. during novosel's fifteenth year of employment, nationwide circulated a memorandum requesting the participation of all employees in an effort to lobby the pennsylvania state legislature for the passage of a certain bill before the body. novosel, who had privately indicated his disagreement with nationwide's political views, refused to lend his support to the lobby, and his employment with nationwide was terminated. novosel brought two separate claims against nationwide, arguing, first, that his discharge for refusing to lobby the state legislature on behalf of nationwide constituted the tort of wrongful discharge in that it was arbitrary, malicious, and contrary to public policy. novosel also contended that nationwide breached an implied contract guaranteeing continued employment so long as his job performance was satisfactory. what decision as to each claim?
Answers: 3
Business, 22.06.2019 04:50
Problem 9-5. net present value and taxes [lo 1, 2] penguin productions is evaluating a film project. the president of penguin estimates that the film will cost $20,000,000 to produce. in its first year, the film is expected to generate $16,500,000 in net revenue, after which the film will be released to video. video is expected to generate $10,000,000 in net revenue in its first year, $2,500,000 in its second year, and $1,000,000 in its third year. for tax purposes, amortization of the cost of the film will be $12,000,000 in year 1 and $8,000,000 in year 2. the company’s tax rate is 35 percent, and the company requires a 12 percent rate of return on its films. required what is the net present value of the film project? to simplify, assume that all outlays to produce the film occur at time 0. should the company produce the film?
Answers: 2
Business, 22.06.2019 09:00
Consider the scenario below and let us know if you believe lauren smith's actions to be ethical. let us know why or why not. lauren smith is the controller for sports central, a chain of sporting goods stores. she has been asked to recommend a site for a new store. lauren has an uncle who owns a shopping plaza in the area of town where the new store is to be located, so she decides to contact her uncle about leasing space in his plaza. lauren also contacted several other shopping plazas and malls, but her uncle’s store turned out to be the most economical place to lease. therefore, lauren recommended locating the new store in her uncle’s shopping plaza. in making her recommendation to management, she did not disclose that her uncle owns the shopping plaza. if management decided to go with lauren's uncle's plaza, what additional information would be needed in the financial statements?
Answers: 2
Business, 22.06.2019 09:40
Microsoft's stock price peaked at 6118% of its ipo price more than 13 years after the ipo suppose that $10,000 invested in microsoft at its ipo price had been worth $600,000 (6000% of the ipo price) after exactly 13 years. what interest rate, compounded annually, does this represent? (round your answer to two decimal places.)
Answers: 1
You know the right answer?
Another supply and demand puzzle the market price of pizzas in a college town increased recently, an...
Questions
Mathematics, 04.02.2021 18:10
Physics, 04.02.2021 18:10
Mathematics, 04.02.2021 18:10
Mathematics, 04.02.2021 18:10
Mathematics, 04.02.2021 18:10
Biology, 04.02.2021 18:10
Mathematics, 04.02.2021 18:10
Mathematics, 04.02.2021 18:10
Mathematics, 04.02.2021 18:10
Mathematics, 04.02.2021 18:10
Chemistry, 04.02.2021 18:10
History, 04.02.2021 18:10
Biology, 04.02.2021 18:10
English, 04.02.2021 18:10
Mathematics, 04.02.2021 18:10
Mathematics, 04.02.2021 18:10
