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lukranit [14]
3 years ago
5

Suppose that consumers' incomes increased, such that more video games were demanded at each price level. After the increase in d

emand, the new equilibrium price is _____, where both supply and demand equal _____.
Business
1 answer:
PSYCHO15rus [73]3 years ago
8 0

Answer:

After the increase in demand, the new equilibrium price is <u>$160</u>, where both supply and demand equal <u>300</u>.

Explanation:

When the income level of customers increases, the demand curve shifts to the right, increasing the quantity demanded at every price level.

If the quantity demanded for a good increases as its customers' income increases, it is called a normal good.

In this case, the previous equilibrium quantity was 200 units and the equilibrium price was $50. Since the demand curve shifted to the right, both the quantity demanded increased from 200 units to 300, and the equilibrium price increased from $50 to $160.

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An economist has conducted extensive research and has found that jones cola is a substitute for tucker cola. ceteris paribus, th
madam [21]

Answer: Increase in demand

Explanation: Change in demand occurs when factors affecting demand other the its price changes. While, a change in quantity demanded occurs when the price of the good changes other things constant. Since, jones cola and tucker cola are substitutes to each other. A rise in the price of jones cola will shift demand towards tucker cola. This, will lead to a rightward shift in the demand curve for tucker cola and an increase in demand for tucker cola.

8 0
4 years ago
"The acquisition of land: "
lesantik [10]

Answer:

The correct answer is the second option: is reported in the investing section of a statement of cash flows.

Explanation:

To begin with, a <em>statement of cash flows</em> is the name given in the business world to refer to the financial statement that shows how changes are made in the balance sheet accounts and how income affect cash and cash equivalents. Moreover, the main purpose of this financial tool is to show the company its ability to pay bills regarding the topics of how much cash and cash equivalents actual are in the company's possession.

Secondly, the cash flow statement is partitioned into three different segments: cash flow resulting from operating activites, from investing activities and from financing activities. <u>The second one, cash flow resulting from investing activities implies the situation of land acquisition</u>.

6 0
3 years ago
One of the primary differences between tangible goods and services involves a consumer's ability to make prepurchase evaluations
baherus [9]

Answer:

B. search; experience

Explanation:

tangible products have search properties, whereas services have experience properties

8 0
3 years ago
The legal contract between the bondholders and the issuer is called the bond ______.
Simora [160]

The legal contract between the bondholders and the issuer is called the bond <u>indenture.</u>

A bond indenture is important as it helps to protect the interest if the stakeholders and also lowers the chance of default.

It should be noted that the indenture list provides the details of a bond. It helps in ensuring transparency. Therefore, the legal contract between the bondholders and the issuer is called the bond indenture.

Read related link on:

brainly.com/question/25562729

4 0
3 years ago
What account activities will you want to write in your register?
In-s [12.5K]

Your debits and credits will want to be written in your register. When you record transactions in your register, you are able to make sure you are balancing your check book and understand how much money you have coming in and where your money is going that you spend. Understanding expenses and how to manage your money is the best way to stay on track with monthly expenses and credits.

8 0
3 years ago
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