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andrezito [222]
2 years ago
12

if there is an increase in the demand for a good, what will happen to the equilibrium price and quantity of the good exchanged?

quizlet
Business
1 answer:
lesya692 [45]2 years ago
8 0

The correct option is B -  "Increase Increase"

What is equilibrium price?

A market-clearing price, often referred to as an equilibrium price, is the consumer cost associated with a good or service when supply and demand are equal or nearly equal.

What is  quantity of the good exchanged?

The quantity theory of money is expressed mathematically in the equation of exchange. The equation, in its simplest form, states that nominal spending equals nominal income or that the total quantity of money that moves about in an economy equals the total money value of the things that move around.

Question :

If there is an increase in demand for a good, what will most likely happen to the price and quantity of the good exchanged?

Price Quantity

A. No change No change

B. Increase Increase

C. Increase Decrease

D. Decrease Increase

E. Decrease

To learn more about equilibrium price click on the link below:

brainly.com/question/17193674

#SPJ4

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Explanation:

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3 years ago
Suppose Americans buy inputs from foreigners. When the price of foreign inputs falls, the U.S. SRAS curve __________, which tend
Mademuasel [1]

When the price of foreign inputs falls, the U.S. SRAS curve option (b)i.e, shifts rightward; which tends to reduce the U.S. price level.

<h3>What is the SRAS curve?</h3>

We can understand how each firm in an economy reacts to price stickiness using the short-run aggregate supply curve (SRAS). The SRAS curve will have an upward slope when prices are stable. According to the SRAS curve, more output results from higher price levels.

The cost of labor, or wages, and the price of imported commodities that we use as inputs for other products are two other significant variables that may cause the SRAS curve to change in addition to energy prices.

A higher level of productivity causes the SRAS curve to move to the right because businesses can produce more output at all price points.

To know more about SRAS curve refer to:  brainly.com/question/16909327

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7 0
2 years ago
not-for-profit organization held the following investments: Investment Cost Fair value (beginning of year) Fair value (end of ye
arsen [322]

Answer:

$14,900

Explanation:

not-for-profit organization will report the investments at the fair value of the investments end of year, in the year-end statement of financial position.

Here,

Investment                                   Fair value (end of year)

Stock A (100 shares)                                     $51

Stock B (200 shares)                                    $49

Stock A = (100 * 51) = $5,100

Stock B = (200 * 49) = $9,800

Total Investment fair value at end of year = $14,900

$14,900 will be the amount reported in stock investments in the year-end statement of financial position.

3 0
3 years ago
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Explanation:

Cournot Model: In Cournot model, firms produce output independently and then set their prices. In this type of model, the products are typically standardized.

Stackelberg Model: In Stackelberg model, there is one firm who is quite dominant and that firm sets the price. Whereas, other firms or the competing lower firms usually follow the price leader.

Bertrand Model: In this model, firms have interaction with buyers in order to set prices and quantities.

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3 years ago
Mega Loan Company has very stringent credit requirements and, accordingly, has negligible losses from uncollectible accounts. Th
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Answer: The correct answer is "(A) Materiality.".

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