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
Yuliya22 [10]
2 years ago
8

What is the equilibrium price

Business
1 answer:
maksim [4K]2 years ago
7 0

The equilibrium price refers to the cost of goods and services for the consumer where the forces of market supply are equal to the forces of market demand.

<h3>What do you mean by Price?</h3>

A price refers to the money that needs to be paid for acquiring a particular good, product, or service.

When the supply of goods and services is equal to the demand of goods and services, it is known as an equilibrium price.

The market is in a state of equilibrium when the forces of supply and demand are equal.

Learn more about price here:

brainly.com/question/12908368

#SPJ1

You might be interested in
Blake has a credit score of 611. According to the following table, at what level
Neporo4naja [7]
The answer is A. Fair
8 0
3 years ago
Read 2 more answers
State and explain the different ways by which sampling of product can be delivered to consumer​
kati45 [8]

Answer:

Random sampling. ...

Simple random sampling. ...

Systematic sampling. ...

Stratified sampling. ...

Cluster sampling. ...

7 0
3 years ago
Pretend you make $500 worth of purchases on your credit card, your bill arrives saying your minimum payment due is $20, and you
nadya68 [22]

<u>Explanation:</u>

One may ask: what is a credit card? In simple words, a credit card is a payment instrument (plastic card) that allows the cardholder to spend money they don't personally own in their account.

Hence, A typical credit card statement would inform me that I made a purchase worth $500, stating

  1. The Payment Due Date: For example, it may be written that I must have made the credit balance by 31/12/XX. (Note, Failure to do so would in most cases lead to accruing of interest)
  2. The Minimum payment due: In this case, the $20 signifies a minimum payment that is significant enough to be recorded till the entire $500 balance is covered. However, it is not intended that only that amount be paid each month. If it were to be it would take me 25 months or 2 years 1 month ($500/$20) to complete the balance; which is not the best option likely considering the accrued interest to be paid.
8 0
3 years ago
Andrew enters into a contract with jill to develop and deliver a custom ios app for the ist future forum. jill fails to deliver
rodikova [14]

Jill is the <u>"defendant".</u>


A defendant is a man blamed for carrying out a wrongdoing in criminal arraignment or a man against whom some kind of common alleviation is being looked for in a common case.  

In a criminal trial, a defendant is a man denounced (charged) of carrying out an offense (a wrongdoing; a demonstration characterized as culpable under criminal law). The other party to a criminal preliminary is normally an open prosecutor, however in a few jurisdictions, private indictments are permitted.

5 0
3 years ago
Read 2 more answers
Pet Supply purchased some fixed assets two years ago at a cost of $43,800. It no longer needs these assets so it is going to sel
DiKsa [7]

Answer:

$28,483.4

Explanation:

The computation of the net cash flow is shown below;

Asset cost       $43,800

MACRS Rate 0.2 0.32

                     8760 14016

So total depreciation is

= $8,760 + $14,016

= $22,776

Now  

Book Value of the company is

= oriignal value - depreication

= $43,800 - $22,776

= $21,024

And,  

Sale price = 32500

So,  

Gain is

= $32,500 - $21,024

= $11,476

So,  

Tax = 0.35% of 11476

= $4,016

And, finally  

Net cashflows is

= Sale price - tax

= $28,483.4

6 0
3 years ago
Read 2 more answers
Other questions:
  • A producer of medical devices makes a single model that can be customized to talk in and display any of 47 different languages.
    15·1 answer
  • The entry to record the use of direct materials in production would include a A. credit to Finished Goods Inventory. B. debit to
    12·1 answer
  • An​ individual's income rises from ​$77 comma 00077,000 per year to ​$83 comma 00083,000 per​ year, and as a consequence the​ pe
    11·1 answer
  • involves defining and documenting the features and functions of the products produced during the project as well as the processe
    5·1 answer
  • . Which of the following describes a short position in an option? A. A position in an option lasting less than one month B. A po
    7·1 answer
  • Which of these is MOST associated with the term "contraction" as it relates to the business cycle?
    11·2 answers
  • According to the article, purchases of sugary beverages went down 12% in 53 Mexican cities as a result of a 10% tax. What kind o
    8·2 answers
  • Your grandmother has promised to give you $10,000 when you graduate from college. If you speed up your graduation by one year an
    10·1 answer
  • What is the key to economics? Explain.
    15·2 answers
  • What alternatives are available to brent in regards to the audit of payables? what are the pros and cons of each alternative?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!