User Account

All Pages

Effect on the equilibrium price

Assignment Help Business Economics
Reference no: EM133131683

Consider the market for laptop bags. Suppose the price of laptops decreases. This change has what effect on the equilibrium price and quantity for the laptop bag market?

Reference no: EM133131683

Questions Cloud

Compute the cost of the ending inventory : Assuming there are 400 units on hand, compute the cost of the ending inventory under the (a) FIFO method and (b) LIFO method
How much of this amount will be recorded as prepaid rent : Question - On March 2, rent of $5,000 is paid, which covers the period of March 1 to March 31. How much of this amount will be recorded as prepaid rent
What dilemmas are presented in situation : you have a caseload of 40 offenders, most of whom are drug offenders on intermediate supervision. What dilemmas are presented in this situation?
What was the variance due to the lack of enrollment success : What was the variance because of the failure to get the gross marketing contribution and What was the variance due to the lack of enrollment success
Effect on the equilibrium price : Consider the market for laptop bags. Suppose the price of laptops decreases. This change has what effect on the equilibrium price and quantity for the laptop ba
What happened to the federal funds rate : The Power of the Fed: https://www.pbs.org/wgbh/frontline/film/the-power-of-the-fed/ and answer at least 7 questions as explained below the dotted line. To offer
Calculate the current share price : ABC's dividend payout ratio is 35%. If the expected return on ABC's common shares is 14.5%, calculate the current share price
Give specific examples of necessities or luxuries : Explain why the demand for the good or service provided by a firm is elastic or inelastic. How does the elastic or inelastic demand influence pricing decisions
What are the amount recorded by naj company : On January 1, 2020, Naj Company sold a machinery to Jiba Company for P2.400,000. What are the amount recorded by Naj Company

Reviews

Write a Review

Business Economics Questions & Answers

  Short and long run which is already in doldrums

How taliban win in afganistan will affect pakistan economy in the short and long run which is already in doldrums?

  Fair market price for the whole population

Who would you expect would buy your policy if you offered it at the fair market price for the whole population?

  The investors after-tax rate of return

An investor bought a racehorse for $1 million. The horse's average winnings were $700,000 per year, and expenses averaged $200,000 per year. The horse was retired after three years, at which time it was sold to a breeder for $175,000. Assume accelera..

  Price normal charged in attempt to cover their startup costs

The penetration pricing strategy is where a new entrant charges a price that is initially higher than the price normal charged in attempt to cover their startup costs.

  Demands in the two markets

1a) Seafood Salt Company wishes to third degree price discriminate between retail grocers (group A) and commercial users such as bakeries (Group B). The firm's

  Short-run effects of eliminating rent control on apartments

Explain the short-run effects of eliminating rent control on apartments. In a competitive industry, with competitive supplies of labor and capital goods which have only normal gains, which factor obtains the "producer surplus"? What is the economic e..

  Ecological impacts of japan wartime fuel production

What are the ecological impacts of Japan's wartime fuel production? Are there present day equivalents to that method of fuel production? Not too short but not too long about 150

  Afghan almond and american almond exporters

What would you do if you were the CEO of Afghan Marble Exporter Associations and Why, Explain briefly-use any practical approach

  Leadership character traits selected individual epitomizes

Select an individual from the Sports Business Journal's "40 Under 40 Awards." Identify specific leadership character traits the selected individual epitomizes. Describe why you believe they are essential to your growth as a sports business profession..

  What are consumer and producer tax burdens

The demand for football tickets is Q = 360 – 10P and the supply of football tickets is Q= 20P. The government levies a per-ticket tax of $4, which is paid by consumers. Calculate the after-tax price paid by consumers. Calculate the gross price receiv..

  Economic profit concept

Suggest ways in which the economic profit concept can actually be measured.

  Levels of investment in the two economies

Suppose there are two closed economies: Economy A and Economy B. Economy A has a high average rate of time preference relative to economy B’s low average rate of time preference. Describe the differences you would expect to see with respect to intere..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd