Business, 11.02.2020 22:46 ilovecatsomuchlolol
As a result of increased tensions in the Middle East, oil production is down by 1.21 million barrels per day – a 5 percent reduction in the world's supply of crude oil. Explain the likely impact of this event on the market for gasoline and the market for small cars.
The gasoline market will have:
A. higher equilibrium prices and higher equilibrium quantity.
B. lower equilibrium prices and higher equilibrium quantity.
C. lower equilibrium prices and lower equilibrium quantity.
D. higher equilibrium prices and lower equilibrium quantity.
The small car market will have:
A. higher equilibrium prices and lower equilibrium quantity.
B. higher equilibrium prices and higher equilibrium quantity.
C. lower equilibrium prices and higher equilibrium quantity.
D. lower equilibrium prices and lower equilibrium quantity.
Answers: 1
Business, 22.06.2019 09:30, Yvette538
The 39 percent and 38 percent tax rates both represent what is called a tax "bubble." suppose the government wanted to lower the upper threshold of the 39 percent marginal tax bracket from $335,000 to $208,000. what would the new 39 percent bubble rate have to be? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Answers: 3
Business, 22.06.2019 11:00, szinx
Abank provides its customers mobile applications that significantly simplify traditional banking activities. for example, a customer can use a smartphone to take a picture of a check and electronically deposit into an account. this unique service demonstrates the bank’s desire to practice which one of porter’s strategies?
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Business, 22.06.2019 22:00, KHaire6856
The following table gives the map coordinates and the shipping loads for a set of cities that we wish to connect through a central hub.,(7,(4,(7,(6,(2,( 2,) for the location of the proposed new central hub, the coordinates should be near: x==) if the shipments from city a double, for the location of the proposed new central hub, the coordinates should be near: x==.926.865.017.21
Answers: 1
As a result of increased tensions in the Middle East, oil production is down by 1.21 million barrels...
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