Question
In: Economics
1- In the space below each of the following, indicate the effect [increase (+), decrease (−)]...
1- In the space below each of the following, indicate the effect [increase (+), decrease (−)] on equilibrium price (P) and equilibrium quantity (Q) of each of these changes in demand and/or supply.
P Q
(a) Increase in demand, supply constant ________ ________
(b) Increase in supply, demand constant ________ ________
(c) Decrease in demand, supply constant ________ ________
(d) Decrease in supply, demand constant ________ ________
Solutions
Rahul Sunny answered 1 year agoRelated Solutions
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Indicate the effect (increase, decrease, no change, or not
enough information) that each of the following situations has on
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(a) A retail company purchases price tags to use in place of the
stickers it has used in the past.
(b) An athletic equipment store leases more retail space.
(c) A bakery increases its advertising expense
(d)...
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For each of the following indicate the expected effect (e.g.
increase, decrease, remain unchanged, etc.) in the presence of
significant multicollinearity:
Coefficient estimates:
Standard errors of the estimated coefficients:
t-statistics:
R-squared:
Name two possible solutions if you detect multicollinearity in a
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Indicate the effect of the following transactions by showing whether there is an increase, decrease or...
Indicate the effect of the following
transactions by showing whether there is an increase, decrease or
no effect on the Assets, Liabilities and Owner’s Equity.
Do NOT Indicate the
specific accounts affected by each transaction.
Purchased shares in another company for greater than their book
value
Purchased inventory on credit
Issued additional shares for cash
Declared dividends
Sold inventory on account
Collected cash from creditors
Paid for inventory purchased on credit
Paid wages in cash
Recorded depreciation on equipment
Repaid...
Indicate the effect each account has on retained earnings. (increase, decrease, or no effect) a)advertising expense...
Indicate the effect each account has on retained earnings.
(increase, decrease, or no effect)
a)advertising expense
b)Service revenue
c) Insurance expense
d) Salaries & Wages Expense
e) Dividends
f) Rent revenue
g) Utilities Expense
In each of the following scenarios, indicate whether the unemployment rate will increase or decrease. a....
In each of the following scenarios, indicate whether the
unemployment rate will increase or decrease.
a. The government increases income tax rates (Click
to select) increase decrease
uncertain
b. The government repeals a law that made it difficult to fire
workers (Click to select)
increase decrease uncertain
c. There is an increase in the percentage of workers who are
unionized (Click to select)
increase decrease uncertain
d. The number of weeks workers are entitled to unemployment
benefits falls (Click to...
In each of the following scenarios, indicate whether the unemployment rate will increase or decrease. a....
In each of the following scenarios, indicate whether the
unemployment rate will increase or decrease.
a. The government increases income tax rates (Click
to
select) increase decrease uncertain
b. The government repeals a law that made it difficult to fire
workers (Click to
select) increase decrease uncertain
c. There is an increase in the percentage of workers who are
unionized (Click to
select) increase decrease uncertain
d. The number of weeks workers are entitled to unemployment
benefits falls (Click to
select) decrease increase uncertain
e. More firms begin to pay efficiency wages (Click to
select) increase decrease uncertain
f. The...
What effect will each of the following have on the demand for hamburgers? (increase, decrease, or...
What effect will each of the following have on the demand for
hamburgers? (increase, decrease, or no effect)
a. Hotdogs become more expensive (while the price
of hamburgers stays the
same).
___
___________
b. The price of hamburgers falls.
______________
c. Income declines and hamburgers are an inferior
good.
______________
d. The price of French fries (which people eat
with hamburgers) falls.
______________
2- What effect will each of the following have on the supply of
fast...
Show the effect on price (increase, decrease, no effect): Show the effect on price (increase, decrease,...
Show the effect on price (increase, decrease, no effect): Show
the effect on price (increase, decrease, no effect) for each of the
following situations under three form of market efficiency
Situations
Situations
Weak
Semi-Strong
Strong
The WSJ publishes that Landmark Inc. declared a dividend of $1
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Landmark Inc. board members decide in a closed door meeting to
open a new factory in Taiwan
Your broker in NYSE tells you that Landmark Inc. CEO is going
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Yield to Maturity (YTM). Indicate whether each of the following actions will increase or decrease a...
Yield to Maturity (YTM). Indicate whether each
of the following actions will increase or decrease a bond YTM:
(5 points)
1a. The bond’s price increases.
b. The bond is downgraded by the rating agencies.
c. A change in the bankruptcy code makes it more difficult for
the bondholders to receive payments in the event the firm declares
bankruptcy.
d. The economy seems to be shifting from a boom to a
recession.
e. Investors learn that the bonds are subordinated to...
For each of the following events, indicate the accounts affected, whether they would increase or decrease,...
For each of the following events, indicate the accounts
affected, whether they would increase or decrease, and the amount
by which they would change. Also demonstrate that the accounting
equation will remain in balance after these effects are reported.
If the event should not to be recorded as a transaction, state
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A. Borrowed $7,000,000 cash, signing a promissory note.
B. Bought a factory for $800,000, paying $200,000 in cash and
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C. Rented equipment...
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