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2 years ago

True or false: a shortage occurs when quantity supplied exceeds quantity demanded.

Business

1 answer:

Ksju [112]2 years ago

5 0

a shortage occurs when quantity supplied exceeds quantity demanded. The assertion is untrue.

What is scarcity?

When the amount required exceeds the amount supplied at the going rate, there is a shortage.

Three factors primarily contribute to shortages: rising demand, falling supply, and government action.

The term "scarcity" should not be confused with "shortage" as it is used in economics.

In a market that is operating normally, the quantity provided and the quantity sought are in equilibrium at a price determined by market forces. A shortage occurs when there is an imbalance between supply and demand for a good or service. The market is said to be in a condition of disequilibrium when this happens. This circumstance often only lasts a short while before the product is supplied and the market returns to normal.

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If married and unmarried women respond similarly to a sale on perfume, these hypothetical segments fail the ________ criterion f

riadik2000 [5.3K]

If married and unmarried women respond similarly to a sale on perfume, these hypothetical segments fail the differentiable criterion for useful market segments.

<h3><u>What are Market Segments?</u></h3>

People who are gathered together for marketing purposes are referred to as market segments.
Market segments are subsets of a broader market that frequently group people together based on one or more shared traits.
Companies and their marketing departments define a target market for their goods and services using a variety of factors.
Marketing experts use a unique strategy to each market segment after thoroughly understanding the demands, way of life, demography, and personality of the target consumer.

In a market that is otherwise uniform, a market segment is a group of customers with comparable preferences. These clients may consist of people, families, companies, organizations, or a combination of several types.

Therefore, the hypothetical segment in the question fail the differentiable criterion for useful market segments.

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4 0

2 years ago

Your class makes a proposal to sell hot dogs, hamburgers, and other refreshments at sporting events. The local School Board agre

vladimir2022 [97]

Answer:

I help u after my online class:))))

Explanation:

I help u after my online class wait my answer

6 0

3 years ago

Dudley Savings Bank wishes to take a position in Treasury bond futures contracts, which currently have a quote of 110 − 100. Dud

djverab [1.8K]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

6 0

4 years ago

If a country has an absolute advantage in producing a good, it definitely also has a comparative advantage in producing that goo

ohaa [14]

Answer:

Correct option:

an absolute advantage in producing a good, it might or might not have a comparative advantage in producing that good

Explanation:

If a country has

an absolute advantage in producing a good, it definitely also has a comparative advantage in producing that good.
an absolute advantage in producing a good, it might or might not have a comparative advantage in producing that good
a comparative advantage in production of a good, it must also have an absolute advantage in producing that good.
an absolute advantage in producing a good, it definitely will not have a comparative advantage in producing that good.
None of these answers is correct.

the absolute advantage refer to the quantity of output of a certain good.

if country A does 100 and B 50

then, A has an absolute advantage as it can out produce B

the competitive advantage will when the opportunity cost of making a cartain product is lower than the other.

If A can do 500 of anther goods

while B can do 50

then the comparative advantage favors B

as it cost 50 /50 = 1 good to produce the produce

while for country A it cost: 500/50 = 10 goods to produce it.

GIven this analysis, the option B will be the correct

a country with an absolute advantage might or might nothave a comparative advantage as well.

6 0

3 years ago

The Cinci Company issues $100,000, 10% bonds at 103 on April 1, 2020. The bonds are dated January 1, 2020 and mature eight years

Snezhnost [94]

Answer:

$101,593.75

Explanation:

Total amortization period = 8 Years = 8 x 12 = 96 months

Number of months of Amortization = 9 months in 2020 + (3*12 months) till 2023 = 9 months + 36 months = 45 months

Premium on bonds payable = Issue Price - Face Value

Premium on bonds payable = ($100,000*103%) - $100,000

Premium on bonds payable = $103,000 - $100,000

Premium on bonds payable = $3,000

Unamortized premium = Premium on bonds payable - Amortized premium

Unamortized premium = $3,000 - $3,000*45/96

Unamortized premium = $3,000 - $1,406.25

Unamortized premium = $1,593.75

Carrying value on December 31,2023 = $100,000 + $1,593.75

Carrying value on December 31,2023 = $101,593.75

7 0

3 years ago