Answer:
Option B.
Statement B because demand and supply intersect; they do not exceed each other
Explanation:
This is because in statement A equilibrium is not attained as demand exceeds supply and supply may also exceed demand. In statement B, changes in supply and demand is causing changes in prices. Thus , new equilibrium will be attained and prices adjusting to attain equilibrium and remove excess demand or excess supply.
Answer:
The gesture exemplifies its social responsibility.
Explanation:
The social responsibility of an organization is the contribution that it makes to the society because the soiety has made it what it is today. Because the society has contributed to its success, the company must contribute to the society as well. The helping of underprivileged people for free who are part of the society is an evidence that ht company knows its responsibilities towards the society and is an example of corporate social responsibility.
Assume that there are no fixed costs and ac = mc = $200. at the profit-maximizing output and price for a monopolist, the producer surplus is $3200.
The profit-maximizing quantity in a monopolist market is obtained by MR = MC condition.
MR and MC are intersected at point A. The price is obtained by the corresponding point of point A on the demand curve. This point is represented by point B.
The price represented by point B is 600 and the quantity is 8.
The producer surplus is calculated by the area below the price line and above the MC curve. The area is:
=(600 - 200)*(8-0)
=400*8
=3200
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Answer: Dependability is defined as the quality of being able to be counted on or relied upon. When you always do everything that you say you will and never make promises you cannot keep, this is an example of dependability. YourDictionary definition and usage example.
Explanation: