User Account

All Pages

Find the market price and quantity for firm

Assignment Help Finance Basics
Reference no: EM132661295

1. Suppose you own a local restaurant chain that sells through brick & mortar locations and also offers take-out and characterized by the following demand and supply curves

Qd = 3,0000,000 - 600P + 200M

Qs = 1,000,000 + 400P

a. Assume M=15,000. Find the market price and quantity for your firm.

b. Assume COVID hits and since consumers are reluctant to leave their homes and dine-in but still buy take-out, the demand changes to

Qd = 2,000,000 - 600P + 200M; M=15,000

Find the market price and quantity for your firm.

c. Building on the situation in b, suppose the Governor forces you to close your dine-in facilities and supply changes to

Qs = 400P

Find the market price and quantity for your firm.

d. Building on the situations in band c, suppose a recession develops and reduces income by 1/3, which now cuts into your take-out sales.

Find the market price and quantity for your firm.

Explain what is happening to the prospects for your firm.

Reference no: EM132661295

Questions Cloud

Calculate the arc price elasticity of desktop pc : A major PC producer lowers the price of its desktop PC from $1,000 to $800. The sale of desktops increases by 25 percent.
Define patient pharmacokinetic and pharmacodynamic processes : Discuss experiences and consider how a patient's pharmacokinetic and pharmacodynamic processes may alter his or her response to a drug.
Explain recession caused by the covid-19 : The U.S. economy and the world economy are in a recession caused by the COVID-19. Assume that the government increased its budget
How supportive and interpersonal psychotherapies are similar : Briefly describe how supportive and interpersonal psychotherapies are similar. Explain at least three differences between these therapies.
Find the market price and quantity for firm : Suppose you own a local restaurant chain that sells through brick & mortar locations and also offers take-out and characterized
Do think that instead of an annual audit disclosure : Do you think that instead of an annual "audit" disclosure, should a government accounting office be made public in "real time" via the Internet?
Explain equilibrium and disequilibrium unemployment : Breif A short note on the circular flow of income for three sector economy.
Post the journal entries into the general ledger : Prepare ,and post any adjusting entries that are required at month end (you may simply post to the general ledger for simplicity)
What aspect of pathophysiology do you feel will be : Briefly reflect on your pathophysiology experience and address the following questions: How will the knowledge of pathophysiology play into your career role?

Reviews

Write a Review

Finance Basics Questions & Answers

  Understand the concept of investment

With a decent amount of capital, I'm trying to better understand the concept of investment and would like to know your opinion on whether I should:

  What effect does increasing the required return have

What effect does increasing the required return have on the present value of a future amount? Why?

  Determining the net salvage value

Allen Air Lines must liquidate some equipment that is being replaced. The equipment originally cost $20 million, of which 85%

  Jessica wants to accumulate 15000 by the end of 6 years in

jessica wants to accumulate 15000 by the end of 6 years in a special bank account which she had opened for this

  What is the expected value of the stock ten years from now

SRS, Inc. just paid an annual dividend of $1.20 last month. The required return is 15 percent and the growth rate is 3 percent. What is the expected value of this stock ten years from now?

  Calculate effect and present the forecasted income statement

The company's sales are projected to grow by 10% next year. Calculate the effects and present the forecasted income statement and balance sheet for the company.

  What was the direct labour efficiency variance

Try flexing the june budget, comparing it with the original june budget, and so find the sales volume variance.

  Why do researchers use factor analysis

Imagine that you conducted a factor analysis on a set of variables that were uncorrelated with one another. How many factors would you expect to find? Why?

  Cost of capital assume a firm uses its company cost of

cost of capital suppose a firm uses its company cost of capital to evaluate all projects. will it underestimate or

  Prepare paper on chapter management of short term liabilites

Prepare a three pages essay paper on Chapter 26 & 27 of the Book: Basic Finance 10th Edition -ISBN: 13-978-1-111-82063-3. Author: Herbert Mayo. Chapter 26: Management of Short Term Liabilites. Chapter 27: Intermediate Term Debt and Leasing.

  How much additional interest would be charged

How much additional interest would be charged if the rate had compounded continuously rather than annually?

  The dividend payout ratio and the dividend per share

Distinguish between the dividend payout ratio and the dividend per share ?- If a company has a dividend payout ratio of 80%, what is the company's retention ratio?

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