If both demand and supply increase, what will be the effect on the equilibrium price and quantity?.
Answers
When both demand and supply increase, the effect on the equilibrium price and quantity depends on the magnitude of the change in each factor. However, in general, when both demand and supply increase, the equilibrium quantity will increase while the change in the equilibrium price is indeterminate.
An increase in demand will shift the demand curve to the right, leading to a higher equilibrium price and quantity. An increase in supply, on the other hand, shifts the supply curve to the right, leading to a lower equilibrium price and a higher equilibrium quantity. When both demand and supply increase, the demand and supply curves will shift to the right. The new equilibrium price and quantity will depend on the magnitude of the shift in each curve. If the increase in demand is greater than the increase in supply, the equilibrium price and quantity will both increase. If the increase in supply is greater than the increase in demand, the equilibrium price will decrease, while the equilibrium quantity will increase.
In the case where the increase in both demand and supply is equal, the equilibrium price will remain the same, while the equilibrium quantity will increase. In general, the effect on the equilibrium price and quantity will depend on the size of the shifts in the demand and supply curves.
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Related Questions
Can you guys help me to answer this 5 questions
Answers
Answer:
1. sole trader,partnership,private limited company,multinational
describes employees who are allowed to work remotely.
Networked staff
Overtime employees
Telecommuting employees
Salaried employees
Answers
Answer:
Telecommuting employees.
Explanation:
There are numerous mediums or ways of working in the corporate world. telecommunication is one such way in which the employees are allowed to work from a remote place and do not necessarily need to come to the employer's office to do work.
Telecommunication is also known as work from home, remote work, flexible work, mobile work, etc. among others. This allows the employee to work in his/ her own space, comfort zone and also need not make them go through the hassle of traveling to and back from the office. This, in return, makes it good for the company to reduce costs be it in travel allowances, office space, and other amenities, etc.
Answer:
telecommuting employees
Explanation:
got it right on my quiz
The government decides to impose a per-unit tax on the bottle industry to help cover revenue shortfalls in the annual budget.
Use the graph below to answer the questions.
------------------------------------------------------------------------------
The per-unit tax has generated total tax revenue of:
Multiple Choice
-$1 million
-$2 million
-$5 million
-$10 million
-$12 million
------------------------------------------------------------------------------------------
The deadweight loss created by the per-unit tax is equal to the area
Multiple Choice
-AKB
-KBC
-ACM
-ABL
-ABC
Answers
The per-unit tax has generated total tax revenue of D. $10 million.
The deadweight loss created by the per-unit tax is equal to the area D. ABL.
What is the tax generated ?The tax generated is:
= 5 x 2 burden on producers and consumers
= $ 10 million
What is Deadweight loss?Deadweight loss refers to the loss of economic efficiency that occurs when the equilibrium of a market is not Pareto optimal.
The deadweight loss is the area of ABL, This is because Deadweight loss can be calculated as the area between the supply and demand curves from the socially efficient level of production to the new equilibrium.
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When a salesperson says or does something that creates agency such as giving advice to a customer, giving an opinion to a customer, or negotiating on the customer's behalf the licensee has:
Answers
Answer:
implied agency
Explanation:
The implied agency refer to an agency that is established from the principal and agent conduct. It develops the agency relationship. It is a real agency and a fact to be proved
Therefore as per the given situation since it is mentioned that at the time when the salesperson said or do something that establish the agency so this represent the implied agency
Therefore the same is to be considered
What the person above me said
Explanation:
i just took the asignment.
20 points!
Which phrase best completes the table?
Monopoly
Benefits- has lower production costs
?
Drawbacks- allows for little competition between businesses
May lead to price fixing
A. Promotes innovation and entrepreneurship
B. Is less likely to be regulated by the government
C. Has more money for research and development
D. Makes a greater variety of products available to consumers
Answers
Monopoly has more money for research and development is the phase that best completes the table.
What is a monopoly?A monopoly is when one business holds a dominant position within an industry or a sector to the exclusion of all other serious competitors.
Monopolies are frequently discouraged in countries with free markets. They are viewed as causing price gouging and declining quality because consumers have few other options. They can also concentrate money, authority, and influence in the hands of a single person or a small group of people.
On the other hand, governments may support and even impose monopolies for some basic services like utilities.
The lack of competition that characterizes a monopoly can result in high costs for consumers, subpar goods and services, and dishonest corporate practices.
A business that controls a certain market or industry may take advantage of that status at the expense of its clients. It has the ability to control prices, fudge supply and demand, and produce fake scarcities. It may make it difficult for new competitors to enter the market and prevent experimentation or the creation of novel products. The consumer is at its mercy because they have no other option but to choose a competitor.
Markets that have been monopolized frequently turn unjust, uneven, and ineffective.
Because they either control the majority of the market for their product or are the only provider of it, monopolies often have an unfair advantage over their rivals. Monopolies may vary from one business to another, although they frequently have the following traits in common:
High entry barriers because a single company controls the market, competitors cannot enter it.There is only one seller in the market at this time.Price maker- The business with the monopoly can set the price for its goods without worrying that a rival will undercut it. Prices may be raised at will by a monopoly.A monopoly may purchase enormous quantities of the raw materials it requires at a volume discount thanks to economies of scale. Then, it can reduce its costs so drastically that smaller rivals won't be able to compete.
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how many times did the red river reach flood stage at fargo between 1882 and 2010?
Answers
Between 1882 and 2010, the Red River reached flood stage at Fargo approximately 55 times. The most severe floods occurred in 1897, 1950, 1997, and 2009, causing extensive damage to property and infrastructure.
Fargo is located in the Red River Valley, which is known for its frequent flooding due to the area's topography and weather patterns. To mitigate the effects of future floods, the city of Fargo has implemented various measures, such as constructing levees and flood walls, improving drainage systems, and enforcing strict building codes. Additionally, the National Weather Service regularly monitors the river's water levels and issues flood warnings to residents and businesses in the area.
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shira was hired by the attune corporation to take over as the new ceo. her initial impression is that the company is disorderly, primarily because the employees do not have a sense of purpose or a common set of values. shira's remarks suggest that she needs to provide a(n) for attune.
Answers
Shira's initial impression is that the company is disorderly, primarily because the employees do not have a sense of purpose or a common set of values. Her remarks suggest that she needs to provide a vision for attune.
What does an organization vision means?An organization's vision refers to a statement that outlines its long-term aspirations and goals. It represents the desired future state that the organization aims to achieve and serves as a guide for decision-making, goal-setting, and strategy development.
A clear and compelling vision provides a shared sense of purpose and direction for all members of the organization, including employees, managers, and stakeholders. It also helps to inspire and motivate individuals to work towards a common goal, aligns efforts towards a shared objective, and enables the organization to adapt to changing circumstances and challenges.
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which of the following is something a smart pick list does not help pickers do?
a. physically lift heavy items
b. pick materials based on order of delivery
c. pick materials using a pre-programmed efficient route
d. pick materials based on due date
Answers
Increasingly, people are buying more fuel-efficient cars that burn less gasoline per mile. This seves people money
when gas prices are high for long periods of time. In response to this demand for fuel eificiency. Eutomakers are
manufacturing cars that get better mileage. Many automakers are even making cars that run on electric batteries
and don't use gasoline at all. How has the price of gasoline acted as an incentive for consumers to demand a
different type of car? How has it sparked innovation in the auto industry? How would you respond as a car buyer
to the high price of gasoline?
Answers
Suppose that gdp is $20 trillion and government debt is also $20 trillion. What percent of gdp is government debt?.
Answers
Suppose that GDP is $20 trillion and government debt is also $20 trillion. What percentage of GDP is government debt is.
Government debt as a percentage of GDP = (20 / 20) * 100 = 100%
The debt-to-GDP ratio is a method that compares a rustic's general debt to its financial productivity. To get the debt-to-GDP ratio, divide a nation's debt via way of means of its gross home product.
The government debt-to-GDP ratio is the metric evaluating a rustic's public debt to its gross home product (GDP). By evaluating what a rustic owes with what it produces, the debt-to-GDP ratio reliably shows that unique country's capacity to pay lower back its debts.
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1,837.00 subtracted by 362.81
Answers
Answer:
I mean u can use a calculator
1474.19
Explanation:
Suppose that a firm in a competitive market is currently maximizing profit at an output of 50 units. If the current price is $9, the marginal cost of the 50th unit is $9,and the average total cost of producing 50 units is $4, what is the firm's profit
Answers
Answer:
437
Explanation:
50 x 9 = 450-13=437
despite their differences, with which proposition are two economists chosen at random most likely to agree?
Answers
The two economists are likely to agree that employers should not be restricted from outsourcing work to foreign nations.
School of thought in economics
There are two main school of thought in economics:
Keynesian economics Classical economics Classical economicsClassical economics is a school of thought in economics that originated in Britain in the last 18th century. The founders of this school of thought are Adam Smith, Ricardo and John Stuart Mill.
Classical economist advocated for a lassiez- farire economy. This means that there would be no intervention of the government in the workings of the economy. This is because it was believed that the economy was self-regulating.
Keynesian economicsJohn Keynes birthed Keynesian economics in the wake of the great depression of 1930. This school of thought advocates for increased government spending and lower taxes in a recession.
Here are the options to this question:
Central banks should focus more on maintaining low unemployment than on maintaining low inflation. Business managers can raise profit more easily by reducing costs than by raising revenue. Employers should not be restricted from outsourcing work to foreign nations.To learn more about keynesian economics, please check: https://brainly.com/question/14223529
Every retail employee is responsible for providing customer service. Describe employee actions that result in customer satisfaction. Give examples from your own experiences as a customer or as an employee.
Answers
Answer:
Spitting on them then licking it off.
Explanation: Helping them find grocery's
Express the elements in pointwise which are required in employment notice
Answers
It's too short. Write at least 20 characters to explain it well.
a buyer obtains a 90% institutional loan for $180,000 toward the purchase of a $200,000 house. the buyer does not have the necessary $20,000 for the downpayment, so the seller takes back a $10,000, ten-year mortgage and the buyer contributes the other $10,000 in cash. this is known as a/an:
Answers
The scenario described is an example of a seller financing arrangement, specifically a "purchase money mortgage" or "seller carryback." This type of arrangement can be beneficial for both the buyer and the seller.
A purchase money mortgage is a mortgage used to purchase real estate by the seller of the property rather than a third-party mortgage lender.
In the situation provided, a purchase money mortgage is utilized to cover the remaining $10,000 necessary to buy the property after the institutional loan was acquired, the buyer did not have enough money for a down payment, and the seller did not want to lower the price of the home.
This example of a seller financing arrangement, specifically a "purchase money mortgage" or "seller carryback."
The buyer may be able to secure the purchase of the property with a smaller down payment, while the seller can earn interest on the funds lent to the buyer and potentially sell the property more quickly.
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List any THREEshopping skill that you will follow.
Answers
2. Negotiating major purchases
3. Evaluating competing products
4. Separating quality from quantity when clothes shopping
5. Determining want versus need
6. Learning how to just say NO
7. Identifying the right times to buy things
8. Seeing the value in used goods
9. Avoiding shopping hungry OR emotional
10. Knowing your shopping triggers and staying away from them
There are 10 shopping skills that we can follow , you can choose any 3 from these and answer your question.
The most basic form of ownership in a firm consists of:
Answers
Explaining Look at the budget you prepared on page R5, and see
if you can increase the amount you’re saving. If so, what type of
savings vehicle or investment will you use, and why?
Answers
Answer:
The biggest difference between saving and investing is the level of risk taken. Saving typically results in you earning a lower return but with virtually no risk. In contrast, investing allows you the opportunity to earn a higher return, but you take on the risk of loss in order to do so.
Explanation:
mark me pls
The investment vehicle, Makes the low cost. And the risk it is, such as certificates of deposit (CDs) or bonds, or they can carry a greater degree of risk, such as stocks, options, and futures.
What is the investment?Investment is the ceremonial of money to purchase an asset to attain an increase in value over a time period of time. Investment requires a sacrifice of some present quality, such as time, medium of exchange, or effort. In finance, the purpose of investing is to generate a return from the invested asset.
The term saving vehicle refers to that, A vehicle that holds your savings. A savings vehicle can be as simple as a savings account at your financial institution. It can be a term deposit or a bond, or it can be a sophisticated investment
Therefore, By the savings vehicle or investment be low risks, such as certificates of deposit (CDs) or bonds, or they can carry a greater degree of risk.
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If the supply of a product decreases, then we would expect equilibrium price.
Answers
If the supply of a good changes such that it decreases, we can expect the equilibrium price to increase.
What happens when supply decreases?When supply decreases relative to demand, the good will become more scarce because the supply available will not match the demand as well.
The equilibrium price will therefore go up to reflect this relative scarcity and to assign the goods to those who can afford to pay higher to get it.
In conclusion, the equilibrium price will increase.
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3) What is the present value of $1000, received at the end of 4 years of investment, with a discount rate of 4%?
Answers
Answer:
$854.81
Explanation:
The formula for calculating the present value is as below
PV = FV/( 1 + r)^n
Where Fv =1000
r = 4% or 0.04
n= 6
PV = $1000/ (1 + 4/100)^4
PV=$1000/(1 + 0.04)^4
PV=$1000/1.16985
PV =$854.81
.
Answer:
3629.9
Explanation:
I just did the test and thats what it told me the correct answer was.
The American Labor movement was considered radical compared to what was happening in Europe. true or false
Answers
Answer:
true took the test brainliest please
Tariffs may raise the price that foreign customers must pay for goods produced in the United States, negatively impacting a U.S. firm's ability to be price
competitive in those markets.
True or False
(Will give branliest)
Answers
Answer:
true
Explanation:
tarrifs raise the price of foreign goods
Wheeler Company issued 5,000 shares of its $5 par value common stock having a fair value of $25 per share and 7,500 shares of its $15 par value preferred stock having a fair value of $20 per share for a lump sum of $260,000. The proceeds allocated to the preferred stock is
Expert Answer
Answers
The proceeds allocated to the preferred stock of Wheeler company is $112,500.
The following is the solution to the given problem:
The total value of the shares offered is $260,000.
Number of shares issued for common stock = 5,000
Par value of common stock = $5
The fair value of common stock = $25
Total amount raised from common stock = Par value of the stock x Number of shares
= $5 x 5,000
= $25,000
Number of shares issued for preferred stock = 7,500
Par value of preferred stock = $15
The fair value of preferred stock = $20
Total amount raised from preferred stock = Par value of the stock x Number of shares
= $15 x 7,500
= $112,500
The total amount raised from both common and preferred stock = $25,000 + $112,500
= $137,500
Amount remaining after raising money from common stock and preferred stock = $260,000 - $137,500
= $122,500
The proceeds allocated to the preferred stock = $112,500.
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why is it so important for your credit report to be completely accurate?
Answers
It is important for your credit report to be completely accurate because it affects your ability to obtain credit, loans, or even a job in the future. Inaccuracies on your credit report can result in higher interest rates, being denied credit, and even legal issues.
A credit report is a detailed report that shows an individual's credit history. It contains information about how much credit they have been given, how much they have used, and how much they have paid back.
Credit reports are utilized by lenders, credit card companies, and other financial institutions to determine the risk associated with lending an individual money or credit. These reports help companies determine if an individual is a reliable borrower, and it also helps them determine the terms and conditions of lending money or credit.
If there are errors on a credit report, a lender may think the individual is a riskier borrower than they actually are, which could result in higher interest rates, being denied credit, and even legal issues. Therefore, it is essential that credit reports be accurate.
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Cullumber Bucket Co., a manufacturer of rain barrels, had the following data for 2019.
Sales 2,260 units
Sales price $50 per unit
Variable costs $30 per unit
Fixed costs $20,340
What is the contribution margin ratio?
Contribution margin ratio
enter the Contribution margin ratio in percentages
%
What is the break-even point in dollars?
Break-even point
$enter the break-even point in dollars
What is the margin of safety in dollars and as a ratio?
Margin of safety
$enter the margin of safety in dollars
Margin of safety ratio
enter the margin of safety ratio in percentages
%
If the company wishes to increase its total dollar contribution margin by 30% in 2020, by how much will it need to increase its sales if selling price per unit, variable price per unit and total fixed costs remain constant?
Total increase in sales required:
$enter a dollar amount
Answers
The contribution margin ratio is 40%.Explanation:
Sales = 2,260 unitsSales
price = $50 per unit Variable
costs = $30 per unitFixed
costs = $20,340Firstly, let's determine the total sales revenue. Sales
revenue = sales × sales
price = 2,260 × 50
= $113,000Now, let's calculate the total variable costs. Variable
costs = sales × variable costs per
unit = 2,260 × 30
= $67,800 Contribution margin
= sales revenue – variable costs
= $113,000 – $67,800
= $45,200Contribution margin ratio = (contribution margin / sales revenue) × 100%
= (45,200 / 113,000) × 100% ≈ 40%The break-even point can be calculated by dividing the total fixed costs by the contribution margin per unit. Break-even point
= fixed costs / contribution margin per unit
= 20,340 / 20 = $1,017The margin of safety is the amount by which actual sales exceed the break-even point. Margin of safety
= $113,000 – $1,017
= $111,983The margin of safety ratio is the margin of safety as a percentage of sales. Sales revenue required = target contribution margin / contribution margin
ratio = 58,760 / 0.40
= $146,900 Increase in sales required
= sales revenue required – sales revenue in 2019
= 146,900 – 113,000
= $33,900Therefore, the total increase in sales required is $33,900.
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you are the operations officer of a military unit that is establishing a training framework under a limited training budget. your unit also has a limited number of personnel at its disposal. which type of interoperability would prove most effective in helping you establish a training framework for your unit with limited resources in this situation?
Answers
For a military unit with limited resources, functional interoperability is the most effective approach to establishing a training framework. This allows for collaboration and resource sharing, reducing costs and increasing efficiency in achieving training objectives.
In this situation, the type of interoperability that would prove most effective in helping to establish a training framework for the unit with limited resources is functional interoperability. Functional interoperability refers to the ability of different units to work together effectively to perform a specific task or function. By focusing on functional interoperability, the unit can work collaboratively with other units to maximize the use of their limited resources, such as sharing training facilities, equipment, or personnel. This can help to reduce costs and increase efficiency in training, allowing the unit to achieve its training objectives despite limited resources.
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ABC company acquired a decision support system. There requires a role of a computer specialist. State and briefly describe this role.
ABC company wishes to facilitate decision making related to location. In the viewpoint as ABC’s information technology consultant, what key concept of decision support does it need? Briefly explain it.
Answers
The role of a computer specialist within ABC company's acquisition of a decision support system would involve expertise in managing and maintaining the system's technical aspects. Some of the responsibilities of this role may include:
Installation and Configuration: The computer specialist would be responsible for installing the decision support system software and configuring it to meet the specific requirements of ABC company. System Maintenance and Upgrades: The specialist would ensure the smooth operation of the decision support system by performing regular maintenance tasks, including software updates, patches, and troubleshooting any technical issues that may arise. Data Management: The computer specialist would oversee the management of data within the decision support system, ensuring data accuracy, integrity, and security. User Support and Training: The specialist would provide technical support to users of the decision support system, assisting with any software-related questions or issues.
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a company that allows you to license software monthly to use online is called
Answers
Answer:
marketable service product
Explanation:
A company that allows you to license software monthly to use online is an example of. ... A company that allows you to license monthly to use online is an example of what these companies consider to be a “marketable service” product.
meta-analysis is a research technique that is used with the sole intent of discounting the insights of dozens or hundreds of experts in order to disqualify their research and reveal their biases.
Answers
No, that statement is incorrect. Meta-analysis is a research technique used to combine and analyze the results of multiple studies on a particular topic to draw more robust conclusions.
It aims to synthesize existing evidence by pooling data from various sources and identifying patterns or trends. It does not have the sole intent of discounting expert insights or revealing biases. Instead, meta-analysis provides a quantitative approach to summarize and evaluate the overall findings of multiple studies, increasing the statistical power and generalizability of the conclusions reached. It is a valuable tool in evidence-based research and decision-making processes.
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