The management of Local Cinema has estimated the monthly demand for tickets to be in Q=22,328 -0.41 In P+0.5 in M -0.33 In A +100 In PDVD, where Q = quantity of tickets demanded, P = price per ticket, M = income, A = advertising outlay, and PDVD= price of a DVD rental. It is known that P = $5.50, M = $9,000, A = $900, and Pvcr = $3.00. Based on the information given, which of the following statements is false?
Answers
d) When P increases, the demand for tickets decreases.When the price of the ticket increases, the demand for tickets decreases. The inverse relationship is given in the demand function.option (d) is the false statement.
The given demand function is as follows :Q = 22328 − 0.41P + 0.5M − 0.33A + 100PDVD.
P = $5.50M = $9,000A = $900PDVD = $3.00.
Now we need to plug these values into the demand function to obtain the value of Q:
Q = 22328 − 0.41(5.5) + 0.5(9000) − 0.33(900) + 100(3)Q = 22328 − 2.255 + 4500 − 297 + 300Q = 27079.745 ≈ 27080.
The estimated monthly demand for tickets is 27080. Now, we will check which of the given statements is false.
a) When M increases, the demand for tickets increases.
b) When A decreases, the demand for tickets increases False. This statement is false. When advertising outlay decreases, the demand for tickets decreases. More advertising makes people aware of new movies and attracts them to the cinema.
c) When PDVD decreases, the demand for tickets increase False. This statement is true. When the price of DVD rental decreases, people tend to prefer DVDs over cinema.
Hence, the demand for tickets decreases.. This statement is false. When the price of the ticket increases, the demand for tickets decreases. The inverse relationship is given in the demand function.
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Related Questions
the main responsibility of a central bank is: group of answer choices monetary but not fiscal policy fiscal but not monetary policy both monetary and fiscal policy neither monetary or fiscal policy
Answers
The main responsibility of a central bank is both monetary and fiscal policy.
central bankA central bank, reserve bank, or monetary authority is an entity that handles a country's or monetary union's currency and monetary policy, as well as its commercial banking system. A central bank, unlike a commercial bank, has a monopoly on growing the monetary base. Most central banks also have supervisory and regulatory authorities to maintain the stability of member institutions, prevent bank runs, and deter member banks from engaging in irresponsible or fraudulent activities.
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Nora was looking forward to the training programme which she had been hired to conduct at Syarikat Ceria Selalu. She was an experienced trainer and enjoyed meeting people from different organizations. However, when she arrived at Syarikat Ceria Selalu, a company for which she had never previously conducted training, she was shocked. Upon arriving at the main gate of the large factory compound, she found that the security staff had not been informed that a training programme was being organized that day. Further, as they didn’t seem to speak much Bahasa Malaysia or English, she could not explain to them that she needed to find the Training Department. They waved her in the general direction of the main office lobby where the HR Officer was contacted by the receptionist, who also did not know about the planned training. She had to wait nearly half an hour before the HR Officer arrived to take care of her to the meeting room which was being used for the training.
It was immediate
Answers
If management operates to maximize the firm's profits, this will also maximize the market value of stockholders' wealth.
a. True
b. False
Answers
Answer:
b. False
Explanation:
The shareholder wealth could be maximized when there is a rise in the stock price as when the stock price rises, it automatically rised the value of the firm and the net worth also
Therefore in the given situation, in case when the firm wants to maximise its profits so it not necessary to increased the market value
Therefore the given statement is false
What did Alexander Hamilton want for the economy?
Answers
Hamilton advocated for a federal charter for a national financial institution as part of his plan to restructure the American economy. A Bank of the United States was his suggestion.
What was the economic objective of Alexander Hamilton?In Hamilton's proposal, the federal and state debts would be paid off by the government. He demanded that the government acquire all of the bonds issued before 1789 by the federal and state governments. Then, he intended to issue fresh bonds to settle the previous debts.
What three points made up Hamilton's economic strategy?The elements of Hamilton's particular financial strategy were: government obligations incurred during the war. financing for the government's operations. Concentrate on business and industry
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Distinguish between 'value' and 'price'.
Answers
Identify four advantages of an income statement I will give 100 points best answer as brilliant answer
Answers
Answer:
An income statement helps you gain information related to the revenues earned by an organization.
It helps in analyzing if the company is financially healthy in a specific period of time, reducing the time needed for investors to research.
It helps in tracking the performance od the company, whether it is earning profit or if there is something wrong and needs to be fixed.
It measures the success or failure of specific budget areas, so while it helps in determining if a company is financially healthy overall, it also helps determining the health of specific departments and seeing their performance.
Most importantly, it provides and overview of your company's cash flow which is very important. You need to have an idea where money is coming from and where it is going so that you can make adjustments when necessary and cut down on costs as well.
2. Happy Selling Company's salaries to sales agents amounted to Php 10,000. Salaries of accountants
amounted to Php 20,000. No other expenses were incurred. How much is the company's general and
administrative expense?
Answer:
Answers
Answer:
Please one time
Mark brainliest
when a firm manufactures a product and is uncertain about whether customers will want to buy its products, that firm is experiencing the
Answers
When a firm manufactures a product and is uncertain about whether customers will want to buy its products, that firm is experiencing the risk taking function of marketing.
Marketing is an essential part of any business, including the risky task of taking a chance on a product. When a business manufactures a product, they may not know if customers will be interested in buying it.
This is the risk taking function of marketing; taking the chance to create something and see if it will take off. Taking the chance with marketing can be a scary endeavor, but it is one of the most important and necessary steps to success.
When it comes to marketing, risk taking plays a major role. Firms often manufacture products without knowing if they will be successful in the market or not.
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1) Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 30 percent for the next three years, with the growth rate falling off to a constant 4 percent thereafter. If the required return is 11 percent, and the company just paid a dividend of $2.15, what is the current share price
Answers
Answer:
P0 = $60.23475 rounded off to $60.23
Explanation:
To calculate the market price of the stock today, we will use the two stage growth model of DDM. The two stage growth model calculates the values of the stock today based on the present value of the expected future dividends from the stock. The formula for price today under this model is,
P0 = D0 * (1+g1) / (1+r) + D0 * (1+g1)^2 / (1+r)^2 + ... + D0 * (1+g1)^n / (1+r)^n + [(D0 * (1+g1)^n * (1+g2)) / (r - g2)] / (1+r)^n
Where,
D0 is the dividend today g1 is the short term growth rate g2 is the long term or constant growth r is the required rate of return on the stock
P0 = 2.15 * (1+0.30) / (1+0.11) + 2.15 * (1+0.30)^2 / (1+0.11)^2 +
2.15 * (1+0.30)^3 / (1+0.11)^3 + [(2.15 * (1+0.30)^3 * (1+0.04)) / (0.11 - 0.04)] / (1+0.11)^3
P0 = $60.23475 rounded off to $60.23
True or False?
Social workers work at both the state and national level.
Answers
Explanation: because true
Why is it important for employees to be motivated at work?
Answers
Answer: I think it's essential for employees to be motivated because If not then co-workers and customers will look at you as if you don't care. If you want to keep the job I think you should always at least try to stay motivated. Get the job done then go home.
Explanation: If you want to keep your job you should always try to stay motivated.
How would decreasing taxes during a recession support the economy?.
Answers
Decreasing taxes can support the economy during a recession by boosting consumer spending and business investment, but policymakers should carefully consider the potential consequences before implementing them.
Decreasing taxes during a recession can support the economy by boosting consumer spending and business investment, which can help to stimulate economic growth.
When taxes are lowered, consumers have more disposable income to spend on goods and services, which increases demand and encourages businesses to produce more. This increased economic activity can help to create jobs and improve overall economic conditions.
Lower taxes can also incentivize businesses to invest more in their operations. With a lower tax burden, businesses have more resources available to invest in new projects, expand their operations, or hire more workers. This increased investment can lead to the creation of new jobs and the growth of businesses, which can ultimately benefit the economy as a whole.
However, it is important to note that decreasing taxes can also lead to a reduction in government revenue, which could lead to budget deficits and potentially harm the economy in the long run. Therefore, it is important for policymakers to carefully consider the potential consequences of tax cuts before implementing them.
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Management generally resists allowing employees to manage their own workflow because it decreases their motiviation. please select the best answer from the choices provided t f
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It is false that management generally resists allowing employees to manage their own workflow because it decreases their motivation.
What are the impacts of allowing employees to manage their workflow?Employees when have the authority and responsibility in managing their own tasks then it creates higher productivity. It is due to their rise in motivation as management enhances their empowerment and involvement in the workplace.
Thereffore, when management does not offer power to control and make decisions for their task then it would dissatisfy them with work procedures.
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Answer:false
Explanation:took the test
What is a source of equity financing?
A. securing short-term loans from a family member
B. receiving trade credit from suppliers
C. selling personal assets to raise funds
D. securing government loans
E. borrowing money from friends
Answers
Any object that you can used to pay for goods or services can be classified as money.
True
False
Answers
Answer:
True
Explanation:
Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home
Answers
Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.
Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.
Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.
Hence, the correct options are "A, B & C".
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Which situation would most likely take place in a command economy?
A.
A worker is assigned to work in a government-owned refinery.
B.
Farmers grow just enough corn to eat throughout the year.
C.
Two car companies compete to make the cheapest electric car.
D.
A worker quits his job to start his own business.
Answers
Answer:
1.) C. two car companies compete to make the cheapest electric car
Project K costs $52,125 at time 0 , its expected cash inflows are $12,000 per year for 8 years, and its WACC is 12%. What is the project's IRR? A) 13% B) 14% C) 16% D) 15% E) 17%
Answers
The project K's internal rate of return is B) 14%.
Formula used:
IRR = Lower rate + [(Initial NPV at Lower rate) / (Initial NPV at Lower rate - Initial NPV at Higher rate) * (Higher rate - Lower rate)] and WACC is 12%.
The formula for calculating IRR is given by IRR = Lower rate + [(Initial NPV at Lower rate) / (Initial NPV at Lower rate - Initial NPV at Higher rate) * (Higher rate - Lower rate)] Where,
Lower rate is the lowest discount rate that will make the NPV greater than zero
Higher rate is the highest discount rate that will make the NPV less than zero
Initial NPV at lower rate is the Net Present Value of cash inflows using the lower rate of discount
Initial NPV at higher rate is the Net Present Value of cash inflows using the higher rate of discount
In order to find IRR, we need to calculate NPV for different discount rates.
Now let us find NPV at lower and higher rates of discount using the formula for NPV.PV of inflows = $12,000 [((1-1/(1+0.12)^8)/0.12)]
PV of inflows at 13% = $12,000 [((1-1/(1+0.13)^8)/0.13)]
NPV at 12% = PV of inflows - Co = $12,000 [((1-1/(1+0.12)^8)/0.12)] - $52,125 = $10,108.52
NPV at 13% = PV of inflows at 13% - Co = $12,000 [((1-1/(1+0.13)^8)/0.13)] - $52,125 = $7,190.92
Using these values in the formula for IRR,
IRR = 12% + [(10108.52 / (10108.52 - 7190.92)) * (13% - 12%)] = 13.55%
Approximately the IRR of the project is 14% (option B).
Therefore, the correct answer is option B) 14%.
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What does respecting people’s privacy mean?
Answers
Critically discuss the different financing options available for startup companies to raise equity.
Answers
Startup companies can consider options such as venture capital, angel investors, crowdfunding, ICOs/STOs, and accelerators/incubators to raise equity. The choice depends on factors like startup needs, stage, and goals.
Startup companies have several financing options available to raise equity, each with its own advantages and considerations.
Venture Capital (VC): VC firms provide funding in exchange for equity and often offer expertise and mentorship. However, VC funding can be highly competitive, and VCs typically expect a significant return on their investment.
Angel Investors: These individuals invest their own capital in startups in exchange for equity. Angel investors may offer valuable industry knowledge and connections, but their investments are usually smaller compared to VCs.
Crowdfunding: Platforms like Kickstarter and Indiegogo allow startups to raise funds from a large pool of individual investors. Crowdfunding can provide capital and market validation, but success relies on an effective marketing strategy and an appealing product or idea.
Initial Coin Offerings (ICOs) and Security Token Offerings (STOs): These fundraising methods involve issuing cryptocurrencies or digital tokens to investors. While ICOs and STOs can provide quick access to capital, they are subject to regulatory scrutiny and require compliance with securities laws.
Accelerators and Incubators: These programs provide funding, mentorship, and resources to startups in exchange for equity or a percentage of future revenue. They offer a structured environment for growth but may have a specific industry or geographic focus.
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Now that Amazon does collect sales tax in most states, what other loopholes has Amazon found to evade other taxes?
(In depth response)
Answers
Another area in which Amazon has found another tax loophole in order to evade taxes is:
They make use of foreign based companies to receive payments from customers in another country.What is a Tax Loophole?This refers to the legal clauses which the rich people and corporations exploit in order to evade paying tax or paying as much as other people.
One tax loophole which is being used by Amazon to evade tax is the use of foreign based companies to receive payments from customers in another country and bypass HMRC.
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Which condition is correct for a firm wanting to maximize profit:
O MPK > MRPK MRP = MC = MPL = MRP MPL = MC None of the Above
Answers
Answer:
MRP = MC
Explanation:
The correct condition for a firm wanting to maximize profit is "MRP = MC", where MRP stands for marginal revenue product (the additional revenue generated by hiring one more unit of a factor of production) and MC stands for marginal cost (the additional cost incurred by producing one more unit of output).
In order to maximize profit, a firm should continue to hire more units of a factor of production as long as the MRP exceeds the factor's wage (the cost of hiring that unit), since the additional revenue generated by the last unit of that factor will be greater than the additional cost of hiring that unit. The firm should stop hiring additional units of the factor when the MRP equals the factor's wage, since any further units hired would generate less revenue than their cost.
Therefore, the condition for profit maximization is MRP = MC, where the MRP represents the additional revenue generated by hiring one more unit of a factor, and MC represents the additional cost incurred by producing one more unit of output.
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One disadvantage of advertising is that it Question 19 options: A) provides entertainment. B) encourages impulse buying. C) stimulates competition. D) saves time.
Answers
Answer:
encourages impulse buying
Answer:
b Encourages impulse buying
Explanation:
advertisements are to catch the peoples eyes and make the consumer think they really need that item
true or false
Becoming financially literate is important because it helps you make smart decisions.
Answers
Answer:
True
Explanation:
One of the most important life skills everyone should possess is financial literacy because it helps you take control of your financial future and achieve your financial goals. Strong financial knowledge and understanding can help you overcome poor financial decisions and make better long-term plans.
Answer:
Ture
Explanation:
If you can get one thing out of High School, it is financial literacy. It will help you plan and make strategic decisions about how much to save, what job to get, and when you can get a house.
Bilbo signs a lease agreement for an apartment with Cato, who owns and manages the Deer Creek Apartments complex. These parties have a. no contract. b. an express contract. c. an implied contract. d. a unilateral contract.
Answers
Answer:
C
Explanation:
an implied contract
Which of the following statement is FALSE?
If you owe a foreign currency denominated debt, you can hedge with buying the foreign currency today and investing it in the foreign county.
If you own a foreign currency denominated bond, you can hedge with a swap contract where pay the cash flows of the bond in exchange for dollars.
The choice between a forward market hedge and a money market hedge often comes down to interest rate parity.
The most direct and popular way of hedging transaction exposure is by currency future contracts.
Answers
The statement that suggests buying the foreign currency today and investing it in the foreign country as a hedge for foreign currency denominated debt is false.
The false statement among the s provided is:
if you owe a foreign currency denominated debt, you can hedge with buying the foreign currency today and investing it in the foreign country.
this statement is false because it suggests that buying the foreign currency today and investing it in the foreign country can serve as a hedge for foreign currency denominated debt. however, this approach does not provide an effective hedge for the debt because it exposes the debtor to additional risks such as exchange rate fluctuations and potential losses from the foreign investment.
when hedging foreign currency denominated debt, a more appropriate approach would be to use financial instruments such as forward contracts, s, or currency swaps to manage the currency risk. these instruments allow the debtor to lock in a specific exchange rate, providing protection against adverse movements in the exchange rate and reducing the uncertainty associated with debt repayment in a different currency.
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How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
help me please
You are putting on a theater production. Which of the following should be a consideration when you get ready to choose the script?
The size of the theater/stage
The demographics of the audience
The topic/popularity of the script
All of the above
Answers
Answer:
The topic/popularity of the script
Explanation:
When you are writing a script, you WILL NEED TO consider the topic/popularity of the script.
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Hamza tells the insurance company that his building is equipped with a sprinkler system and that a guard is on duty inside the premises when they are closed. Neither statement is true. The building is destroyed by a windstorm. Do you believe that an intentional misrepresentation by an applicant for insurance should permit the insurer to deny coverage for a loss even if the misrepresented fact had no relationship to the loss? Why?
Answers
Answer:
Yes, any intentional misrepresentations by the applicant should be enough to permit the insurer to deny coverage for a loss even if the misrepresented fact had no relationship to the loss
Explanation:
This is because in case of any intentional misrepresentations the insurer gets a right of recession that is based upon fraud.
In this case the misrepresentation by Hamza voids the policy ab-initio (i.e. at its inception). This is because the misrepresentations by Hamza in this case were with regards to material facts related to the property and this misrepresentation may have induced the insurer to act and thus insure the property. Here the misrepresentations were that the property had a sprinkler system and always had a guard on duty. These two material misrepresentations led the insurer to make an incorrect risk assessment with regards to property and this incorrect and lower assessment of risk profile of the building led the insurer to provide insurance coverage.
Thus, we can conclude that even though the misrepresentations made by Hamza had no relationship to the loss but still the insurer can deny coverage in this case.
Consider the following cash flows:
Year 0 = ($34,000) <-negative number
Year 1 = $15,000
Year 2 = $17,500
Year 3 = $19,000
1. Calculate the profitability index assuming a discount rate of
12%
2. Calculate the payback period
Round your answers to two decimal places.
Answers
1. The profitability index is calculated using the formula: Profitability Index = (Present Value of Cash Inflows) / (Present Value of Cash Outflows). In this case, the discount rate is 12%.
2. The payback period is the time required to recover the initial investment. It is calculated by adding up the cash flows until the cumulative sum is equal to or greater than the initial investment.
1. To calculate the profitability index, we need to find the present value of each cash flow using the discount rate of 12%:
PV Year 0 = -$34,000
PV Year 1 = $15,000 / (1 + 0.12)^1
PV Year 2 = $17,500 / (1 + 0.12)^2
PV Year 3 = $19,000 / (1 + 0.12)^3
Next, we calculate the present value of cash outflows by summing up the present values of Year 0 to Year 3:
PV Cash Outflows = PV Year 0 + PV Year 1 + PV Year 2 + PV Year 3
Finally, we calculate the profitability index:
Profitability Index = PV Cash Inflows / PV Cash Outflows
2. To calculate the payback period, we add up the cash flows until the cumulative sum is equal to or greater than the initial investment of $34,000. In this case, the payback period would be the number of years it takes to recover the initial investment.
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