a) As the price of theater tickets rises, what happens to the quantity of tickets that people
Question:
b) As the price of theater tickets rises, what happens to the quantity of tickets that people are willing to sell? Explain your answer.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 59% (22 reviews)
a The quantity of tickets that people are willing to buy will decline b...View the full answer
Answered By
Saikumar Ramagiri
Financial accounting:- Journal and ledgers, preparation of trail balance and adjusted trail balance Preparation of income statement, retained earning statement and balance sheet Banks reconciliation statements Financial statement analysis Cash flow statement analysis (both direct and indirect methods) All methods of Depreciations Management Accounting:- Ratios Budgeting control Cash budget and production budget Working capital management Receivable management Costing:- Standard and variance costing Marginal costing and decision making Cost-volume-profit analysis Inventory management (LIFO, FIFO) Preparation and estimation of cost sheet Portfolio management:- Calculation of portfolio standard deviation or risk Calculation of portfolio expected returns CAPM, Beta Financial management:- Time value of money Capital budgeting Cost of capital Leverage analysis and capital structure policies Dividend policy Bond value calculations like YTM, current yield etc International finance:- Derivatives Futures and options Swaps and forwards Business problems Finance problems Education (mention all your degrees, year awarded, Institute/University, field(s) of major): Education Qualification Board/Institution/ University Month/Year of Passing % Secured OPTIONALS/ Major ICWAI(inter) ICWAI inter Pursuing Pursuing - M.com(Finance) Osmania University June 2007 65 Finance & Taxation M B A (Finance) Osmania University Dec 2004 66 Finance & Marketing. B.Com Osmania University June 2002 72 Income Tax, Cost & Mgt, Accountancy, Auditing. Intermediate (XII) Board of Intermediate May 1999 58 Mathematics, Accountancy, Economics. S S C (X) S S C Board. May 1997 74 Mathematics, Social Studies, Science. Tutoring experience: • 10 year experience in online trouble shooting problems related to finance/accountancy. • Since 6 Years working with solution inn as a tutor, I have solved thousands of questions, quick and accuracy Skills (optional): Technical Exposure: MS Office, SQL, Tally, Wings, Focus, Programming with C Financial : Portfolio/Financial Management, Ratio Analysis, Capital Budgeting Stock Valuation & Dividend Policy, Bond Valuations Individual Skills : Proactive Nature, Self Motivative, Clear thought process, Quick problem solving skills, flexible to complex situations. Achievements : 1. I have received an Award certificate from Local Area MLA for the cause of getting 100% marks in Accountancy during my Graduation. 2. I have received a GOLD MEDAL/Scholarship from Home Minister in my MBA for being the “Top Rank student “ of management institute. 3. I received numerous complements and extra pay from various students for trouble shooting their online problems. Other interests/Hobbies (optional): ? Web Surfing ? Sports ? Watching Comics, News channels ? Miniature Collection ? Exploring hidden facts ? Solving riddles and puzzles
4.80+
391+ Reviews
552+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
Suppose that business travelers and vacationers have the following demand for airline tickets from New York to Boston: a. As the price of tickets rises from $200 to $250, what is the price elasticity...
-
True or false? As the price of oranges rises, the demand for oranges falls, ceteris paribus. Explain your answer.
-
As the price of good X rises from $10 to $12, the quantity demanded of good Y rises from 100 units to 114 units. Are X and Y substitutes or complements? What is the cross elasticity of demand?
-
Let a = (123) (45) = S, and b = (23) (14) = S5, then aba is equal to (13) (25) (135) (24) (15) (23) (123) (45)
-
Consider the following hypothesis statement using = 0.05 and data from two independent samples: a. Calculate the appropriate test statistic and interpret the result. b. Calculate the p value and...
-
What is the difference between a well-formed XML document and a valid XML document?
-
To the right of z = 0.955 Find the indicated area under the standard normal curve. If convenient, use technology to find the area.
-
Kirkland Plumbing Company is a newly formed company specializing in plumbing services for home and business. The owner, Lenny Kirkland, had divided the company into two segments: Home Plumbing...
-
In June 2022, Robert and Alex Keller decided to examine the prospect of operating a restaurant. The brothers had always dreamed of being entrepreneurs and had an interest in the restaurant industry....
-
Determine Vo for the negative logic OR gate of Fig. 2.159. -5 V Si Vo Si
-
(a) If market price is above equilibrium price, explain what happens and why? (b) If market price is below equilibrium price, explain what happens and why?
-
What are the two ways to depict a demand schedule? Make up a demand schedule for some good or service you often buy.
-
Under what conditions does the McCabeThiele assumption of constant molar overflow hold?
-
Draft a memo to your boss Sydney setting forth the legal responsibilities (if any) towards this person. Discuss in detail, in relation to both federal and a specific state law, if the company has to...
-
An earthquake occurred in one of the warehouses of Sable Ltd in Melbourne on 15 June 2022 and caused extensive damage worth $50,000. The warehouse and its contents are fully insured. No disclosure...
-
Yolanda, your tax client, recently started her own business as a healthcare consultant and set up an office in her home used exclusively for client meetings and other business-related activities....
-
The functions f and g are defined as follows. f(x)=-5x+2 g(x)=-4x-3 Find f (6) and g (5). Simplify your answers as much as possible.
-
Assignment 1 During your audit of the financial statements of The Gary Manufacturing Company for the year ended December 3 1 , 2 0 0 7 , you find that at January 1 , 2 0 0 7 , the company had...
-
Solve each equation by completing the square. 4z 2 - z = 39
-
2.) Find the Laplace transform of f(t) 7e-St cos 2t +9 sinh2 2t. Use Laplace Table. %3D
-
Practical Application: How would the abolition of rent control reduce the housing shortage in some cities? Explain in terms of supply and demand.
-
Explain the relationship between consumption and savings.
-
Practical Application: If you had the power to write laws, how would you provide incentives to encourage Americans to save more?
-
You will modify the add method in the LinkedBag class. The add method is the only thing you should modify in LinkedBag. Add a second parameter to the method header that will be a boolean variable:...
-
Generate Random Decals is primitive please fix that as well As a license plate number, integers are to be used. Positive numbers add a car, negative numbers remove a car, zero stops the...
-
Describe the competitive positions in the drone industry and assess the opportunities for at least three positions in the industry.
Study smarter with the SolutionInn App