For the market to reach equilibrium, you would expect prices to rise.
<h3>What is a shortage?</h3>
A shortage exists when quantity demanded exceeds quantity supplied. This is because price is below equilibrium price. Equilibrium price is the price at which quantity demanded is equal to quantity supplied.
For a shortage to be resolved, prices would rise until equilibrium price is reached.
To learn more about equilibrium, please check: brainly.com/question/26075805
The direct strategy should be used to communicate negative news when the reader or individual that is associated to the speaker or the writer is not likely to produce or engage to having an emotional response of which may prevent sensitive reaction.
Here are the following four main parts of a company.
Superiority of Products And Services.
Marketing Plan.
Discussion of Management.
Financial Projections.
Hope that helps.
Answer:
The correct answer is B.
Explanation:
Giving the following information:
At the beginning of the year, Trust estimates overhead to be $700,000, machine hours to be 200,000, and direct labor hours to be 35,000.
Overhead is allocated based on direct labor hours. We need to use the following formula:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 700,000/35,000 hours= $20 per direct labor hour.
Answer:
$28.56
Explanation:
Given that
n = 19 years as dividends is not paid until 20 years
Dividend = $20
Required return = 10.5%
Price of stock 19 years from now = Dividends/Required return
= 20/10.5%
= 20/0.105
= 190.47
Price of stock today = Future value/(1 + r)^n
= 190.47/(1.105)^19
= 190.47/ 6.67
= 28.556
= $28.56
