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
atroni [7]
4 years ago
5

If, at the current price, there is a shortage of a good, thena. sellers are producing more than buyers wish to buy.b. the market

must be in equilibrium.c. the price is below the equilibrium price.and. quantity demanded equals quantity supplied.
Business
1 answer:
sdas [7]4 years ago
7 0

Answer:

C. the price is below the equilibrium price

Explanation:

Remember, in the law of demand and supply the quantity supplied is dependent on the value of the price of a good.

In this case the price is below the equilibrium price; meaning demand would be higher than the supply which results in the shortage of the good and the company therefore raises the price of the good.

For example, the price of oranges decrease in the equilibrium price (from $10 to $5), resulting in an increase in the demand for oranges.

The increase in demand would lead to shortage, making farmers increase price wanting to supply more.

You might be interested in
Which of these are considered broad economic goals? Dependability, equity, efficiency Freedom, equity, growth Reliability, hones
kodGreya [7K]

Answer:

equity, freedom, security, efficiency, growth

Explanation:

The economic goals include:

1. Equity: occurs in an economy when income and wealth are fairly distributed within a society.

2. Efficiency (efficiency freedom): is achieved when society is able to get the greatest amount of satisfaction from available resources in an economy

3. Economic growth: when there is an increase in the economy's ability to produce goods and services, often indicated by measuring the growth rate of production.

The other economic goals are:

Economic Stability, balance of payment, Price Stability or Controlling Inflation and Full Employment.

8 0
3 years ago
To what degree a country's legal system is based on the rule of law matters little in international business.
marissa [1.9K]

Rule of law is very important in case of country’s legal system

This means that no one can be regarded to be above the law in a society where the rule of law exists. In a parliamentary democracy, the rule of law places a duty on all citizens to uphold the law, and in order to do so, the legislation must be just and not arbitrary. The goal of the rule of law, like other constitutional concepts, is to advance peoples' freedom and basic rights.

People and corporations must abide by the regulations set forth by the rule of law in order to avoid penalties. The rule of law establishes norms for businesses so that they, too, know what is required of them in their transactions and enables people to comprehend what is expected of them in their personal capacities.

Learn more about rule of law at

brainly.com/question/820417

#SPJ4

3 0
2 years ago
David has purchased an investment that he expects to produce an annual cash flow of​ $3,000 for five years. He requires an​ 8% r
Inessa05 [86]

Answer:

Explanation:

In order to find the highest amount david can pay or in other words the present value of the investment we would have to discount the cash flows

3000/1.08+3000/1.08^2+3000/1.08^3+3000/1.08^4+3000/1.08^5=11,978

8 0
4 years ago
Dennis Galvan works as a campaigner at Green Earth, an environmental organization. Every month, his organization arranges a team
mote1985 [20]

Answer:

social environment

Explanation:

The activities performed as mentioned in the problem is termed as employee engagement activities. Reason behind doing this to increase social interaction which generates understanding between employee. it strengthen social and emotional connection of people and hence employee feel more satisfied towards their work and organization. This is done via increases healthy social engagement and hence social environment is correct answer

7 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
Other questions:
  • Leslie Porter is planning a trip to Europe upon graduation in two years. She anticipates that her trip will cost $14,000. She wo
    9·1 answer
  • When interspecific competition has an outcome called competitive exclusion, _________?
    9·1 answer
  • The assembly department had beginning work in process of 18,000 units, ending work in process of 22,000 units, and units transfe
    10·1 answer
  • Which credit(s) can the Franklins claim on their 2019 tax return? a. Child and dependent care credit for both Rose and Iris b. C
    11·1 answer
  • The multiplier effect occurs when an initial increase (or decrease) in autonomous expenditure produces a greater increase (or de
    15·1 answer
  • Balance sheet accounts Group of answer choices 1. are called real accounts 2. have zero balances after the closing entries have
    12·1 answer
  • Assume instead that the equipment was disposed of in 2022 and the original error was discovered in 2023 after the 2022 financial
    10·1 answer
  • Bricktan Inc. makes three products, basic, classic, and deluxe. The maximum Bricktan can sell is 75,000 units of basic, 420,000
    15·1 answer
  • I WANT TO THANKS EVERYONE FOR HELPING ME PASS MY QUIZZES
    13·2 answers
  • Wallis company produces circuit boards in a foreign country that imposes a 15 percent vat. This year, wallis manufactured 8. 3 m
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!