1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
DaniilM [7]
3 years ago
13

What is it called when demand and supply are equal in price and quantity?

Business
1 answer:
kirill115 [55]3 years ago
4 0
Often, this is referred to as an equilibrium.
I hope I helped!
You might be interested in
Fill in the blank: The _________ can help you develop a mission statement that connects with your audience. persona creation pro
hram777 [196]

Answer:

Golden Circle

Explanation:

-Persona creation process is the process to generate a representation of a specific customer that will use your product.

-Golden Circle is a model that helps companies to find the best form to provide value to their customers and differentiate from the competition.

-Inbound Methodology is a process that organizations use to turn leads into customers.

-Buyer's journey is a process that includes all the stages that a customer pass through from realizing the need to making a purchasing.

According to this, the answer is that the Golden Circle can help you develop a mission statement that connects with your audience because it can help you to develop a message that would attract your target customer and get a position in their mind.

8 0
3 years ago
What does the sarbanes-oxley act of 2002 "require the ceo and cfo to do"?
Dafna11 [192]

The Sarbanes-Oxley Act of 2002 requires the CEO (Chief Executive Officer) and the CFO (Chief Financial Officer) to personally certify the accuracy of the financial statement that the company has filed with the Securities and Exchange Commission  as members of senior management.

4 0
3 years ago
A customer buys 1,000 shares of XYZZ stock in a margin account and pays the required 50% margin on settlement date. The customer
expeople1 [14]

Answer:

This request cannot be honored because the securities must be paid for, in full, to process a transfer and ship request

Explanation:

7 0
3 years ago
Sales and Production Budgets Ultimate Audio Company manufactures two models of speakers, U500 and S1000. Based on the following
mixas84 [53]

Answer:

Part a

Ultimate Audio Company

<u>Sales Budget </u>

<u>For the Month Ending June 30</u>

Product and Area         Unit Sales Volume  Unit Selling Price  Total Sales

Model U500 :

Northeast Region             140,000                       $45               $6,300,000

Southwest Region            160,000                       $45               $7,200,000

Total                                                                                            $13,500,000

Model U500 :

Northeast Region            100,000                       $80               $8,000,000

Southwest Region           125,000                       $80              $10,000,000

Total                                                                                           $18,000,000

Total Revenue from Sales                                                        $31,500,000

Part b

Ultimate Audio Company

<u>Production Budget </u>

<u>For the Month Ending June 30</u>

                                                                   Model U500     Model S1000

Expected Units to be Sold                           300,000             225,000

Add Desired Closing Inventory                      30,000                15,000

Total                                                               330,000             240,000

Less Desired Opening Inventory                  (25,000)              (10,000)

Total Production                                            305,000            230,000

Explanation:

<em>Note : I have attached the complete question as images below !</em>

A Sales Budget shows the Total Expected Revenue from sale of budgeted units.

     Total Revenue = Total Expected Units Sales x Selling Price Per Unit

A Production Budget shows the number of units to be produced to meet the Sales and Inventory targets

     Total Production = Expected Sales + Desired Closing Inventory - Desired Opening Inventory

5 0
3 years ago
ABC Ltd. uses EOQ logic to determine the order quantity for its various components and is planning its orders. The Annual consum
viktelen [127]

Answer:

The Total Cost of Inventory is $4,024,000

Explanation:

The computation of the total cost is shown below:

= Purchase cost + ordering cost + carrying cost

where,

Purchase cost = Annual consumption × Cost per unit\

                       = 80,000 × $50

                       = $4,000,000

Ordering cost = (Annual demand ÷ EOQ) × Cost to place one order

                       = (80,000 ÷ 8,000) × $1,200

                       = $12,000

Carrying cost = (EOQ ÷ 2) × carrying cost percentage × Cost per unit

                      = (8,000 ÷ 2) × 6% × $50

                      = $12,000

Now put these values to the above formula  

So, the value would equal to

= $4,000,000 + $12,000 + $12,000

= $4,024,000

8 0
3 years ago
Other questions:
  • A buyer entered into a contract with a seller to purchase the seller's farm. The contract of sale referred to the farm as contai
    13·1 answer
  • Port Allen Chemical Company processes raw material D into joint products E and F. Raw material D costs $4 per liter. It costs $1
    12·1 answer
  • If the CEO of a large, diversified, firm were filling out a fitness report on a division manager (i.e., "grading" the manager),
    13·1 answer
  • Review the transactions below and select the one that would be journalized in a general journal when specialized journals are us
    9·1 answer
  • The Equal Credit Opportunity Act prohibits which of the following? a. Basing the credit decision on unemployment. b. Basing the
    11·1 answer
  • Violet purchased a tract of land for $100,000. She quit her $30,000-a-year job as a postal employee and opened a skeet shooting
    7·1 answer
  • Calculate the present value of the after tax net returns to land in the 7th year if thereal pre-tax net returns to land today ar
    14·1 answer
  • If you cause damage to your apartment, your landlord can
    13·2 answers
  • Without the Gramm-Leach-Bliley Act, Bank of America would more than likely _____.
    5·1 answer
  • Evaluate the importance of doha development round?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!