Consider the market for hamburgers. New technology is invented that decreases the cooking time of hamburgers while maintaining quality. At the same time, the price of fries, a complement for hamburgers, increases. What is the effect on equilibrium price and quantity?

Answers

Answer 1

If the decrease in demand caused by the increased price of fries is considerable, the equilibrium amount of hamburgers may decline.

What is the demand curve?

The amount demanded of a product is determined by its price as well as many other factors, including the prices of other commodities, consumer income and tastes, and seasonal impacts.

The effect of the new technology on the market for hamburgers will depend on the market conditions before the change. In general, if the new technology leads to a decrease in the cost of production for hamburgers, it could result in a decrease in the equilibrium price of hamburgers. This is because, with a lower cost of production, firms may be willing to sell hamburgers at a lower price in order to remain competitive and attract more customers.

At the same time, if the price of fries increases, it could lead to a decrease in the demand for hamburgers. This is because fries are a complement for hamburgers, meaning that an increase in the price of fries can lead to a decrease in the demand for hamburgers.

Overall, the effect on the equilibrium quantity of hamburgers will depend on the relative strength of these two forces. If the decrease in the cost of production due to the new technology is stronger than the decrease in demand due to the higher price of fries, the equilibrium quantity of hamburgers may increase. However, if the decrease in demand due to the higher price of fries is stronger, the equilibrium quantity of hamburgers may decrease.

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Related Questions

-1+2-3+4-5+6...-99+100
Can someone pls help

Answers

-1 +

2 -

3 +

4 -

5 +

6 -

...

-99 +

100

= -1 + 2 - 3 + 4 - 5 + 6 - ... - 99 + 100

= 1

The series -1+2-3+4-5+6...-99+100 is an example of an arithmetic series.

To find the sum of an arithmetic series, we can use the formula:

S = (n/2)(a + l)

where S is the sum of the series, n is the number of terms, a is the first term, and l is the last term.

In this case, the first term is -1, the last term is 100, and there are 100 terms in the series.

Plugging these values into the formula, we get:

S = (100/2)(-1 + 100)
S = 50(-1 + 100)
S = 50(99)
S = 4950

Therefore, the sum of the series -1+2-3+4-5+6...-99+100 is 4950.

One hall can accommodate 65 people. How many halls are required to accommodate 520 people? ​

Answers

8 halls would be required to accommodate 520 people in the hall.

As we know that a hall can accommodate 65 people.

To determine the number of hall required for 520 people,

first we need to find that how many halls would be required for one person,

So, we will divide the 1 by 6 to find :

The number of one person accommodate = 1/65 Hall

Then, 520 people required to accommodate = 1/65 × 520

                                                                      = 8 Halls.

[Accommodate: to have enough space for somebody/something, especially for a certain number of people]

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You designed invitations for the Thanksgiving dinner, and you want to order them soon. The current sizing 9 in. X 8 in. is too big so you would like to scale it down. on the website, you select a scale factor of 5:1. given the current measurements, what will the new measurements be?

Answers

Based on a scale factor of 5:1 of the current measurement of the Thanksgiving invitations, the new measurement will be 1.8 in. x 1.6 in.

What is the scale factor?

The scale factor refers to the ratio of an original object or measurement and a new object.

The scale factor can refer to a larger or smaller representation of the original measurement.  This implies that we can scale the original measurement down or up.

Current measurement = 9 in. X 8 in.

Scale factor = 5:1

= 20% (1/5 x 100)

Thus, the invitations designed with a current sizing of 9 in. x 8 in. can be scaled down with a scale factor of 5:1 to 1.8 in x 1.6 in.

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There were 4 students at the football game. They had 6 sodas to share
equally. How much soda did each child get?

Answers

Answer:

1.5

Step-by-step explanation:

6/4=3/2

3/2=1 1/2

or

1.5

Answer:

1.5

Step-by-step explanation:

PLEASE HELP, I WILL MARK BRAINLIEST(no links)

PLEASE HELP, I WILL MARK BRAINLIEST(no links)

Answers

Answer:

-70 degrees

Step-by-step explanation:

What you need to do is subtract 10 from -58 to find the difference;

-58-12 = -70 degrees

-70 degrees because -58 - 12

HELP PLEASE!!!!!! ILL MARK U BRAINLESS!!!!! FOR THE FIRST PERSON!!!

 HELP PLEASE!!!!!! ILL MARK U BRAINLESS!!!!! FOR THE FIRST PERSON!!!

Answers

Answer:

54,000 teenagers

Step-by-step explanation:

72/100* 75,000/1=54,000

write a real-world situation that could be modeled by the equation 8+2x=6x. Then solve the problem.

Answers

Answer:

x = 2

Step-by-step explanation:

8 = 6x + -2x

8 = 4x

8 = 4x

4 4

2 = x

Plz help me thanks so muchhhh

Plz help me thanks so muchhhh

Answers

Answer:

\(f(6) = 15\)

Step-by-step explanation:

Given

\(f(x) = \left \{ {{|x - 8| + 6 \ x<4} \atop {15\ x\ge 4}} \right.\)

Required

Find f(6)

From the piecewise function, we have following as values of f(x):

\(f(x) = |x - 8| + 6\)

If \(x < 4\)

\(f(x) = 15\)

If \(x \ge 4\\\)

f(6) implies that x =6 and \(6 \ge 4\)

So, we make use of the second function, which is:

\(f(x) = 15\)

Substitute 6 for x in \(f(x) = 15\)

\(f(6) = 15\)

Hence, the value of f(6) is 15

Which 2 statements are true about currency revaluations?

urrency revaluations always affect accounts receivable as an unrealized gain
Currency revaluations affect bank accounts as a realized gain or loss
Currency revaluations appear as expenses or deposits and certain lines can appear as $0.00
Currency revaluations change the number of foreign currency units
Amounts for Accounts Payable and Receivable lines in currency revaluations appear as $0.00

Answers

The two statements that are true about currency revaluations are:

Bank accounts are affected by currency revaluations as a realized gain or loss.

The amount of foreign currency units is varied by currency revaluations.

Currency Revalutions:

A revaluation is a calculated rise in a nation's official exchange rate relative to a specified baseline, like wage rates, the cost of gold, or an other currency. Only the government of a country, such as its central bank, has the authority to alter the value of its currency under a fixed exchange rate system.

Changes in interest rates across various nations or significant economic events are only two examples of the events that might cause a currency to revalue in systems with floating exchange rates.

The two statements that are true about currency revaluations are:

Bank accounts are affected by currency revaluations as a realized gain or loss.

The amount of foreign currency units is varied by currency revaluations.

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Help plz I’m confused

Help plz Im confused

Answers

Answer:

C.

Step-by-step explanation:

\(\frac{2}{3}\) is between 0 and 1

Only 1 point is between 0 and 1

C.

The answer is point C. 2/3 is a fraction between 0 and 1. And since point C is between 0 and 1, then the answer is point C

7.)
The temperature started out at 6° above zero and dropped 12° during the
Snowstorm that afternoon. By nighttime, the temperature had dropped another 10°.
What was the final temperature for the day?

Answers

Answer:

The final temperature for the day was -16 degrees.

Step-by-step explanation:

6-12= -6

-6-10= -16

she sells tickets for $15 each her goal is to raise more than $180 how many tickets to get her goal

Answers

Answer:

12

Step-by-step explanation:

you will have to divide $15 by $180 and when you do that your result should end up being 12, hope that helped

Find the solution of the system for which

Find the solution of the system for which

Answers

Answer:

3,0,-6,0

Step-by-step explanation:

x1=3 because 3+0+0=3

since x2 and s2=0.

What is a doubles fact for 7 8?

Answers

With "near doubles facts" or "doubles facts plus one," the actual magic happens. When we observe 7+8, we know that 8 is one more than 7, since we already know that 7+7=14. Thus, 15 is one greater than 14. So, 15 is the answer.

We can also consider the fact that it is one less than the doubles. We are aware that 7 + 7 = 14. I then realise that 6 is one less than 7 when I see 7 plus 6. 14 minus one equals 13, thus.

Thus, our knowledge of ten items with doubles increased to approximately 33 information with near doubles! Therefore, it's a really effective tactic!

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Ruth wants to find the decimal equivalent of 226
, so she divides. Study Ruth’s work shown here, and then answer the questions below.

Ruth wants to find the decimal equivalent of 226, so she divides. Study Ruths work shown here, and then

Answers

The digits after the decimal point repeat in a pattern of 6's. This is because 22/6 is a rational number,

What is a rational number?

A rational number is a number that can be expressed as a ratio or fraction of two integers (a numerator and a non-zero denominator).

We can see that the next three digits in the decimal points are 6, 6 and 6, respectively. Therefore, the decimal equivalent of 22/6 is:

22/6 = 3.666666...

We notice that the digits after the decimal point repeat in a pattern of 6's. This is because 22/6 is a rational number, which means that its decimal representation either terminates (ends) or repeats in a pattern. In this case, it repeats in a pattern of 6's.

Each of the digits after the decimal point will be 6 because this number is a rational number and repeating decimal with a repeating digit of 6.

The difference between 40 and the product of these digits and 6 is always 4.

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Which table represents a linear function?

Which table represents a linear function?

Answers

Answer:

the the 3rd one Is the one

I believe it’s the 3rd one

A parallelogram is transformed according to the rule (x,y) - (x,y). Which is another way to state the transformation?
A. Ro.90
B. RO, 180
C. R0,270
D. RO,360°

Answers

I think it’s c because R0,270 makes sense

Michael is grocey shopping. Before adding fruit to the bag, it weighed 5/9 pounds. Michael added 2/15 pounds of fruit to the bag. How much does it weigh now?

Answers

Answer:

  31/45 lb

Step-by-step explanation:

You want to know the weight of a 5/9 lb bag after 2/15 lb of fruit are added to it.

Sum of fractions

Fractions can be added when they have a common denominator. Here, the denominator will need to have factors of 3² = 9 and 3·5 = 15. It can be ...

   3·3·9 = 45

Using this denominator, the fractions are ...

  bag weight = 5/9 lb = 25/45 lb

  fruit weight = 2/15 lb = 6/45 lb

The total weight of the fruit and the bag is ...

  total weight = 25/45 lb + 6/45 lb = 31/45 lb

With the fruit, the bag weighs 31/45 pounds.

On any given day, the number of users, u, that access a certain website can be represented by the inequality | 125-u | -<30. Which of the following represents the range of users that access the website each day?

On any given day, the number of users, u, that access a certain website can be represented by the inequality

Answers

Answer: D

Step-by-step explanation:

Answer:

D. 95 ≤ u ≤ 155

Step-by-step explanation:

On any given day, the number of users, u, that access a certain website can be represented by the inequality

If we set alpha at 0.05 instead of 0.01, other factors held constant _________. greater risk of a Type I error and a lower risk of a Type II error greater risk of a Type I error and a greater risk of a Type II error a lower risk of a Type I error and a greater risk of a Type II error a lower risk of a Type I error and a lower risk of a Type II error

Answers

Answer:

greater risk of a Type I error and a lower risk of a Type II error

Step-by-step explanation:

Remember, in statistics, alpha (or the significance level) α,  refers to the probability of rejecting the null hypothesis when it is true.

Hence, setting alpha at 0.05 (or 5%) instead of 0.01 (or 1%) implies that the researcher is increasing how far away the statistics data needs to be from the null hypothesis value before they can decide to reject the null hypothesis. In other words, a probability of 5% is greater than 1%, resulting in a greater risk of a Type I error and a lower risk of a Type II error.

what is the volume of a cylinder, in cubic inches, with a height of 2 inches and a base diameter of 4 inches? Round to the neares tenths place​

Answers

Answer:

V≈25.13in³

Step-by-step explanation:

Cylinder volume = pi d^2/4*h
=3.142*4^2/4*2
=25.136 cubic inches

Which variable expression represents the phrase "the quotient of 5 times a number and 2"

Answers

Answer:

5n/2

Step by Step Explanation:

Well, 5 times a number (the number is a variable so you just put it next to the 5) and 2 so you are dividing by 2 and the fraction bar is the same as division so 5n/2

What is the common denominator of 3/4 and5/8

Answers

Answer:

the common demonator is 8.

Step-by-step explanation:

4 feet 5 feet what is the area​

Answers

Answer:

20 square feet

0.00046 acres

1.85806 square meters

2,880 square inches

Answer:

20 square feet

Step-by-step explanation:

Area=Length x Width

4 x 5 = 20

what is the difference of twice a number and 3 is 11

Answers

Answer:

2x - 3 = 11

x = -21

Step-by-step explanation:

Find the distance between the points (2,6) and ( – 10, – 10)

Answers

I think the answer is 20 units hopes this helps.

Simplify the expression by first substituting values from the table of exact values and then simplifying the resulting expression. Answer exactly. 4 sin 30 ∘ =

Answers

The expression is simplified to 2

How to determine the value

It is important to note that the table of exact values for trigonometric identity differ with the particular identity in study.

From the table of exact values, we have that;

sin 15 = 0. 25

sin 30 = 0. 5000

sin 45 = 0. 7071

sin 60 = 0. 8600

sin 75 = 0. 9659

sin 90 = 1

To determine the value of the expression, we have to substitute the value of sin 30 as 0. 5000

4 sin 30°

⇒ 4 × 0. 5000

multiply through

⇒ 2

The value determined is 2

Thus, the expression is simplified to 2

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Question 2 (1 point)
What are the multiplicative and additive inverses of -7?

a
multiplicative inverse 1/7; additive inverse -7
b
multiplicative inverse 1/7; additive inverse 7
c
multiplicative inverse -1/7; additive inverse -7
d
multiplicative inverse -1/7; additive inverse 7

Answers

answer is option D ,The multiplicative inverse of a number is the reciprocal of that number such that when you multiply them together, you get one. The multiplicative inverse of -7 is -1/7.

what is multiplicative inverse ?

The multiplicative inverse of a number is also known as its reciprocal. It is the number that, when multiplied by the original number, results in a product of 1. In other words, if the original number is a, then its multiplicative inverse

In the given question,

The additive inverse of a number is the opposite of that number such that when you add them together, you get zero. The additive inverse of -7 is 7.

The multiplicative inverse of a number is the reciprocal of that number such that when you multiply them together, you get one. The multiplicative inverse of -7 is -1/7.

Therefore, the correct answer is (c) multiplicative inverse -1/7; additive inverse -7.

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A population of 100 insects tripled in size every month. Write a function formula to represent the insect population after x months

Answers

Answer:

3x+100

Step-by-step explanation:

Hi!

A function formula is f(x) = 100 (3) ^ x

Hope this helps !

What is the surface area of the triangular prism?
5 ft
5 ft
4 ft
[Not drawn to scale]
O 60 square feet
O 72 square feet
O82 square feet
3 ft

What is the surface area of the triangular prism?5 ft5 ft4 ft[Not drawn to scale]O 60 square feetO 72

Answers

The surface area of the triangular prism is 72 ft squared.

How to find the surface area of a triangular prism?

The surface area of a triangular prism can be found as follows:

Therefore,

surface area of a triangular prism = bh + l(s₁ + s₂ + s₃)

Hence,

b = 4 ft

h = 3 ft

l = 5 ft

s₁ = 4 ft

s₂ = 3 ft

s₃ = 5 ft

Therefore,

surface area of a triangular prism = 4 × 3 + 5(4 + 3 + 5)

surface area of a triangular prism = 12 + 5(12)

surface area of a triangular prism = 12 + 60

surface area of a triangular prism = 72 ft²

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Assume the following reaction occurs by the given reaction mechanism.3H2 + CO CH4 + H2OStep 1 H2 + CO H2CO slowStep 2 H2 + H2CO CH4 + O fastStep 3 H2 + O H2O fastOverall 3H2 + CO CH4 + H2OThe rate law expression must be rate = ____.a. k[H2]2[CO]2b. k[H2]2[CO]c. k[H2][CO]2d. k[H2][CO]e. k[H2]2[CO]3 After the user winds the toy up with its key, the toy begins to move.3. Discuss Think about a construction crane moving a steel beam. Where does theenergy used to complete the task come from? What evidence do you have thatthe energy involved in the crane example is different from that in the wind-up toyexample? PLEASE HELP ASAP WILL GIVE BRAINLIEST(dont give chegg link pls) How much heat is required to convert 150 g of liquid H2O at 43.5 C into steam at 130 C?Specific heat of liquid water is 4.18 J/g oC.Specific heat of water vapor is 1.84 J/g oC.Hvap = 40.67 kJ/mol What do orange and black stripes symbolize through their juxtaposition in Ch. 3 and 4, respectively?Select one:a. death and lifeb. forgiveness and revengec. heaven and helld. trick and treat describe the slopes on both sides of farrow lake. are the slopes equally steep on both sides of the lake, or is one side steeper? which of the following best describes an abstract concept? select all that apply. not concrete self-disciplined black and white specific and precise difficult to defineSelect all that apply.A.not concrete B.self-disciplined C.black and white D.specific and precise E.difficult to define. Who are they?(Create adefinition forthem based onTHIS PERIODOF TIME)Adolf hitler the serous membrane that covers the deep surface of the abdominal body wall is the __________. f(x)=3x-1 and g(x)=-2x+5 What are the sample averages of the number of applicants for schools who did not play in a bowl game the previous year and those who did play in a bowl game the previous year Write the equation of the ellipse with center (3,1), vertex (7,1) and focus (3+2sqrt3,1) What effect is created by the use of three-point perspectivelA. Objects look as though they are being seen at eye level.B. Objects book as though they are rotated to the side.C. Objects look as though they are far away.D.Objects look as though they are being seen from above or below. The cyclically adjusted budget measures what the federal deficit or surplus would be if the economy reached the __________ level of GDP. full-employment Because the slopes of DE and CB are both___, DE||CB. DE=___. Because_____ =1/2 ___, DE = 1/2CB Articles.The Georgia State Constitution is divided intoes )A)7B)810D)11(SSHint A circle has a radius of 12.6 cm. What is the exact length of an arc formed by a central angle measuring 100?the answer choices are in the picture please help ill give brainliest!! Zhang is 24 years old. He is in tech and wants toretire early. He makes $100,000 a year and has a lotof extra income every month. Should he be aconservative, moderate, or aggressive investor? Refer to Inside Out and Back Again for a complete version of this text.In Laugh Back, the author develops a threatening tone.Which example of figurative language from the text most clearly supports this tone?but I have to / if Im to laugh back / at him / one day.I count in English, / forcing it / to the front / of my mind.The pink boy shouts, / showing a black hole / where sharp teeth glow.Not that I care / to understand / what Pink Boy says, What will be the multipicative inverse of -8? 1 foot =12 inches therefore 3 feet = what