1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vodka [1.7K]
2 years ago
10

If the price is raised to $7, what would be the result in the market place? (Surplus, Shortage, or Equilibrium).

Business
1 answer:
Elena-2011 [213]2 years ago
6 0
Surplus
Because the price is rising.
You might be interested in
Fern invested $6400 into a continuously compounded account with an interest rate of 1.5%. After 10 years, how much is the accoun
777dan777 [17]

Answer:

FV= $7,435.74

Explanation:

Giving the following information:

Initial investment= $6,400

Interest rate= 1.5%

Number of periods= 10 years

<u>To calculate the value of the account in ten years, we need to use the following formula:</u>

FV= PV*e^(i*n)

FV= 6,400*e^(0.015*10)

FV= $7,435.74

6 0
3 years ago
If the cost of goods sold is more than the cost of goods manufactured, then
ivann1987 [24]

Answer:

C. Finished Goods Inventory has decreased.

Explanation:

Cost of goods manufactured (COGM) increases when finished goods inventory is <em>produced</em>, while cost of goods sold (COGS) increases when finished goods inventory is <em>sold</em>. If COGS has been increasing faster than COGM has been increasing, the company has been selling more goods than it has been producing. Therefore, it must have sold goods from its surplus of finished goods inventory. Thus, finished goods inventory has decreased.

8 0
4 years ago
It’s the year 2150, and the human race has established a new country on Mars. After a dispute about water rationing, a war begin
Ksivusya [100]

Answer:

Executive order

Explanation:

Executive order - it is referred to order that can only be issued by the president of the United States to the executive body of the state.

it is Refer to official order directly issued by the president to prevent or allow doing something.  

As it is mentioned in the information in the given question, in 2150, when people are having a war for water on the new country of Mars, then president of America issued an executive order to notify every executive body not to sell any good and service to a new country of mars

8 0
3 years ago
Select the three categories into which internal influences can be divided.
dybincka [34]

Answer:

management

governmental policies

societal changes

Explanation:

5 0
4 years ago
Read 2 more answers
Larry worked as a lab tech and made $51,000 per year. However, he and his wife Lana had always dreamed of opening a bowling alle
vladimir2022 [97]
I actually don’t know
6 0
3 years ago
Other questions:
  • Would you recommend that Apple raise or lower its price for the iWatch to increase​ revenue?
    6·1 answer
  • A 30-year 7% corporate bond was issued exactly 10 years ago. You purchased this bond today, when it was trading to yield 9%. Tom
    7·2 answers
  • In one day, Sue can change the oil on 20 cars or change the tires on 20 cars. In one day, Fred can change the oil on 20 cars or
    7·1 answer
  • Describing How to Save Workbooks
    6·1 answer
  • Albert was wanting to save some money on his vacation, so he brought food and soft drinks with him to the airport to eat on the
    12·1 answer
  • Benefits of a better education include all of the following except
    13·2 answers
  • A ticket reseller purchases a ticket to a football game for $40 and offers it for sale at a price of $75. A consumer is willing
    15·1 answer
  • Riley operates a plumbing business, and this year the three-year-old van he used in the business was destroyed in a traffic acci
    6·1 answer
  • Suppose that production for good X is characterized by the following production function, Q = K0.5L0.5, where K is the fixed inp
    11·1 answer
  • Wich situation would cause the price of a product to fall the most
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!