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ankoles [38]
1 year ago
13

Suppose that the bakers of bread face an increase in the price of flour (an input). in the market for bread, this will cause the

________ and the equilibrium price to ________. part 2
Business
1 answer:
Darya [45]1 year ago
4 0

suppose that the bakers of bread face a increase within the price of flour (an input). within the market for bread, this may cause the supply of bread to decrease; and the equilibrium price to increase.

<h2>What is equilibrium price?</h2>

An equilibrium price may be a balance of demand and supply factors. there's a tendency for prices to return to this equilibrium unless some characteristics of demand or supply change. Changes within the equilibrium price occur when either demand or supply, or both, shift or move.

<h3>What is equilibrium price and demand?</h3>

The equilibrium price is where the availability of goods matches demand. When a serious index experiences a period of consolidation or sideways momentum, it are often said that the forces of supply and demand are relatively equal and the market is in a state of equilibrium.

Learn more about equilibrium price:

brainly.com/question/26075805

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Kansas Enterprises purchased equipment for $73,500 on January 1, 2018. The equipment is expected to have a five-year life, with
arsen [322]

Answer:

Using the straight-line method, the book value at December 31, 2018 would be $53.760

Explanation:

                2018 2019 2020 2021 2022

Cost      67200 53.760 40.320 26.880 13.440

Dep-Acu      13.440 13.440 13.440 13.440 13.440

Book Value53.760 40.320 26.880 13.440 0

3 0
3 years ago
Pratt, an owner of an appliance store, has a garage sale at his home where he sells old furniture and books. He sells a set of b
ELEN [110]

Answer:

false

Explanation:

8 0
3 years ago
For a recent year, Best Buy reported sales of $42,410 million. Its gross profit was $9,690 million. What was the amount of Best
LiRa [457]

Answer:

The amount of Best Buy's cost of goods sold was $32,720 million

Explanation:

cost of goods sold = sales - gross profit

                               = $42,410 million - $9,690 million

                               = $32,720 million

Therefore, The amount of Best Buy's cost of goods sold was $32,720 million

6 0
4 years ago
Use your newly found knowledge to explain credit card disclosure statements to someone who has never received one. Write a one t
Anastaziya [24]

Answer:

Credit card disclosure statements include almost everything you need to know about credit cards. The statements include the APR rates, Annual Fee, Late Fees, and Introductory Rates. Annual Percentage Rates are one of the most important things to do with credit cards. They are the costs of the loan each year expressed as a percentage. Loans are used for pretty much everything nowadays. Most people only use them for things like buying cars or buying a house. Lenders for loans often check your credit score, years of employment and other things. Having credit card debt affects your ability to get loans. That is why it’s important to pay off credit cards on time rather then late. Disclosure statements help everyone figure out the information on their credit card and their payments.

7 0
3 years ago
It is important to find a hotel that has a five star rating to base the training off of. what aspect of service quality would th
kramer

The aspect of service quality would be the objective measure of goodness.

<h3><u>What is service?</u></h3>
  • In contrast to products, which we can physically touch or handle, services are the non-physical, intangible components of our economy.
  • The majority of the economies of the wealthy countries are based on services like banking, education, healthcare, and transportation.
  • They also represent the bulk of the economies of the developing countries.
  • There is no transfer of ownership when a business offers a service and the client pays for it. We are unable to ship or store a service.
  • They are only present as long as the customer is consuming them and the provider is supplying them.

For instance, getting a haircut is a service that cannot be stored or transported.

Know more about service with the help of the given link:

brainly.com/question/12505990

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8 0
2 years ago
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