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3 years ago

If we say that a price is too high to clear the market, we mean that Multiple Choice

Business

1 answer:

algol133 years ago

3 0

Answer:

The answer is 1. quantity demanded exceeds quantity supplied.

When the quantity demanded exceeds the quantity supplied, this makes room for a shortage of goods in the market a day and excess demand. Because of this, the price of existing products increase as a lesser number of goods has to be distributed among many people.

When such scenarios happen, the government can take actions such as importing goods from abroad.

Explanation:

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E-Loan, an online lending service, recently offered 48-month auto loans at 4.5 % compounded monthly to applicants with good c

ser-zykov [4K]

Answer:

Therefore I can borrow $19646.12 from E-Loan.

The interest I will pay for the loan is $1,857.88.

Explanation:

The formula of present value is

$PV=PMT(\frac{1-(1+i)^{-n}}{i})$

PMT = The monthly payment = $448

i= Rate of interest per period $=\frac{4.5}{12}\%=0.00375$

n = The number of month = 48 months

Therefore

$PV=448(\frac{1-(1+0.00375)^{-48}}{0.00375})$

≈$19646.12

Therefore I can borrow $19646.12 from E-Loan.

The interest = Paid amount - Loan amount

=$[(448×48)-19646.12]

=$1,857.88

The interest I will pay for the loan is $1,857.88.

6 0

3 years ago

How does the automated system improve the efficiency and timeliness of financial <br> statements?

stich3 [128]

Ceee
nam inteles scuze nu stiu

4 0

4 years ago

Consider the following information carefully and do as per the instruction given under the table below.

strojnjashka [21]

The network diagram for the activities indicated above is given in the attached image.

<h3>What is a network diagram?</h3>

A network diagram is a graphical depiction of a project that consists of a number of connected arrows and boxes that illustrate the interdependence of the project's operations.

The activity description is represented by boxes or nodes, and the interaction between the activities is represented by arrows.

<h3>What is the use of a network diagram?</h3>

A network diagram enables a project manager to keep track of each component of a project and easily communicate its status to others.

It also provides:

visual depiction of progress for stakeholders; and
Creating project workflows.

Learn more about a network diagram:
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6 0

1 year ago

CrayFry offers a discount on an extended warranty on its CrayFrier when the warranty is purchased at the time the fryer is purch

Aleks [24]

Answer:

The answer is: C)$3,000

Explanation:

The standalone selling price is the price at which the company would sell warranty separately to its customer. In this case we need to find the stand alone price of the discount option.

We first find the difference between regular price and the discount option:

$25 - $20 = $5

Then we multiply by the possibility of the discount sale happening (60%) and the total number of goods sold with the discount option.

= $5 x 60% x 1,000 fryers

= $3,000

6 0

4 years ago

Help me really quick!

lana [24]

Answer for the photo is on Xtiny/5G

3 0

3 years ago