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Lilit [14]
2 years ago
5

Georgina decides to take a dozen cupcakes to school to sell so she can raise money for her school trip to New Orleans. She price

s the cupcakes at $5 each. At the end of the day she is disappointed that she only sold three cupcakes.
This market model is in a [______]? (this is an economics question but I can't choose that as a subject..)
Business
1 answer:
Lerok [7]2 years ago
4 0

The situation described refers to an economic imbalance.

Economic imbalance is an economic term that refers to:

  • The scenarios in which an economy does not show an equilibrium between two magnitudes that belong to it. For example:

The economic imbalance commonly occurs when the supply of a product or service and its demand are not balanced, on the contrary, they suffer variations that alter the market equilibrium.

According to the above, Georgina experienced this phenomenon (economic imbalance) with her idea of selling cupcakes at her school because the supply (12 cupcakes) greatly exceeded the demand for cupcakes from her schoolmates (3 cupcakes).

Learn more in: brainly.com/question/12414419

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The owners of all the Chrysler auto dealerships in a large metropolitan area have an informal meeting during a golf outing. Duri
Alborosie

Answer:

the second one is it

Explanation:

i think

7 0
2 years ago
Suppose that the local sales tax rate is 4 %4% and you purchase a car for $ 13 comma 600$13,600. a. How much tax is​ paid? b. Wh
Oksi-84 [34.3K]

Answer:

Here the A) the amount of tax paid would be $544 and B) and the car's total cost would be $14,144.

Explanation:

GIVEN INFORMATION -

Local tax rates  - 4%

Purchase cost of car is - $13,600

A) Formula for taking out the amount of tax paid is -

  Purchase cost of car X Local tax rate

= $13,600 X 4%

= $ 544

B) For taking out the total cost for the car -

Purchase cost of car + amount of tax paid

= $13,600 + $544

= $14,144

4 0
3 years ago
Most small business ventures are in the _____ category of the entrepreneurial strategy matrix.
Mkey [24]

ANSWER:

Most small business ventures are in the low innovation/high risk  category of the entrepreneurial strategy matrix.

~batmans wife

6 0
3 years ago
How much money should be deposited annually in a bank account for five years if you wish to withdraw ​$3 comma 000 each year for
VMariaS [17]

Answer:

The five deposits will be for   $ 1,263.360

Explanation:

at the given rate of 4%

we are going to do 5 deposits.

Then, after 5 years we subtract 3,000 dollar during 3 years:

First, we solve for the PV of tat annuity:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 3,000.00

time 3

rate         0.04

3000 \times \frac{1-(1+0.04)^{-3} }{0.04} = PV\\

PV $8,325.2731

Then, we discount for the 5 years waiting period:

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  $8,325.2731

time  5.00

rate  0.04000

\frac{8325.27309968139}{(1 + 0.04)^{5} } = PV  

PV   6,842.7676

Now, we solve for which annuity of 5 deposits generates that amount:

FV \div \frac{(1+r)^{time} -1}{rate} = C\\

FV 6,843

time 5

rate    0.04

6842.76763180258 \div \frac{(1+0.04)^{5} -1 }{0.04} = C\\

C  $ 1,263.360

5 0
4 years ago
When an economy enters a recession, the number of unemployed falls. number of discouraged workers falls. cost of unemployment fa
IrinaVladis [17]
I would say the duration of unemployment rises. A recession means that for example in the mining industry the prices of metals falls so the result is that often companies cut back on production and lay workers and staff off, or sometimes shut whole mines down completely. So the employers have a harder time to pay their workers because they may not be making a profit anymore. In mining and mineral exploration these recessions or depressions are cyclical in the capitalist system and usually last at least 4-5 years often with no work for mining people.
7 0
3 years ago
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