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frutty [35]
2 years ago
13

When buyers will purchase exactly as much as sellers are willing to sell, what is the condition that has been reached?.

Business
1 answer:
Vlad1618 [11]2 years ago
5 0

Answer:

the condition that has been reached is market equilibrium.

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Warrensburg is a small college town in Missouri. At the end of August each year, the market demand for fast food in Warrensburg
Usimov [2.4K]

Answer:

The correct answer is b. increases.

Explanation:

In a market that works as perfect competition (according to Microeconomics), an increase in demand (and the consequent decrease in inventories of producers) leads producers to increase their sales prices of their products, in order to also increase its level of production, until it equals demand (since at higher prices demand decreases) and this causes the market to balance, this is called economic equilibrium. In a competitive economy, producers can only increase their level of production if the sales prices of their products rise, the reason is that production costs increase with volume.

Excess demand occurs when there are imperfections in the market (such as when the Government sets maximum sales prices, at a price below the market equilibrium price) and for this reason the market does not reach equilibrium, where the quantity demanded and offered of the product are equal. When a market is in excess demand, the quantity demanded by consumers is greater than the quantity supplied by sellers, this causes the inventories of the producers to fall and they cannot increase their production.

4 0
4 years ago
Ruth Richter gives a nonprofit entity $25,000 in cash. She tells the entity that it may use the gift for a particular research p
adelina 88 [10]

Answer:

The correct answer is 'Deferred Revenue'.

Explanation:

The Deferred Revenue account relates to the account in which a specific amount of payment is received in advance by the organization for the goods that are not delivered or, for the services which have not been implemented yet. They are shown on the balance sheet of the organization on the liability side.  

Thus, according to the scenario given, the Deferred revenue account will be credited, when the gift is received, but neither of the conditions is met.

6 0
3 years ago
Sommers Co.'s bonds currently sell for $1,080 and have a par value of $1,000. They pay a $100 annual coupon and have a 15-year m
marissa [1.9K]

Answer:

b. 9.01%

Explanation:

In this question, we use the Rate formula which is shown in the spreadsheet.  

The NPER represents the time period.  

Given that,  

Present value = $1,080

Future value or Face value = $1,000  

PMT = 100

NPER = 15 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

So, after solving this, the yield to maturity is 9.01%

8 0
3 years ago
A country redesigned its tax policy so that the tax rate was reduced for individuals earning larger amounts of money. For exampl
storchak [24]

Answer: B. regressive taxation

Explanation:

Regressive taxation is a form of taxation where people who earn higher income pay a less percentage of income as tax while those who earn less income pay a higher percentage of income as tax.

Progressive taxation is a form of taxation where people who earn higher income pay a higher percentage of income as tax and those who earn less income pay a lower percentage of income as tax.

6 0
3 years ago
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Loptech, a technology firm, wants to issue bonds for investment purposes. Loptech has one of the best credit ratings in the indu
liraira [26]

Answer:less than 5% or equal to 5%

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Due to it's high credit rating the populace will have confidence in him and it will not need to increase it's rate to attract investors.

This is similar to a government issuing treasury bill which rate of return will be less than the banks or other similar institution

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