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
Sholpan [36]
3 years ago
9

Suppose that initially the price is $50 in a perfectly competitive market. firms are making zero economic profits. then the mark

et demand shrinks permanently and some firms leave the industry and the industry returns back to a long-run equilibrium. what will be the new equilibrium price, assuming cost conditions in the industry remain constant? "
Business
1 answer:
forsale [732]3 years ago
7 0
The new equilibrium price would be $50
You might be interested in
You are the managing director for a new product you are trying to launch. you just found out which network is going to be airing
kiruha [24]

Commercials during high visibility events like the World Series cost more than during non-peak times,

7 0
3 years ago
Imagine yourself as a business owner just before an economic event such as a recession or depression. What impact would
never [62]
I’d be like —> aww hecc my business gonna lose so much customers now I gotta figure out ways to cut costs and I may have to fire some people. Now I have to decrease my prices... stupid economy. I want my good paying customers back ;(
5 0
3 years ago
7. Sandra owns stock in XYZ Company. She has voting rights, therefore, she must own
AleksAgata [21]

Answer:

Common stock

Explanation:

Common stock can likewise be referred to as a voting stock. Common stock for the most part conveys with it the privilege to decide on business element matters, for example, choosing the top managerial staff, building up corporate destinations and approach, and stock parts. Similarly, common stock can be broken into casting a ballot and non-casting a ballot classes.

5 0
3 years ago
Jason's Outdoors manufactures two products: snow skis and water skis. Jason's managerial accountant suspects that product cost d
Ainat [17]

Answer:

Jason's accountant should consider a single plantwide rate to correct the problem.

Explanation:

If a company manufactures products that consume factory overhead costs in different ways, a single plantwide rate may not accurately allocate factory overhead costs to the products and cause cost distortions. Cost distortions can cause companies to lose sales and make incorrect decisions on expanding production.

4 0
3 years ago
Imagine that odyssey national is a brand new bank, and that its required reserve ratio is 10 percent. if it accepts a $1,000 dep
Snezhnost [94]
Hi there
Excess reserve balance is
1,000−1,000×0.1=900

Hope it helps
8 0
3 years ago
Read 2 more answers
Other questions:
  • An advertisement that makes you worry about bad breath, body odor, or dandruff is relying on a fallacy called
    10·1 answer
  • The group of accounting educators who perform research to determine the possible effects on financial reporting and the economy,
    5·1 answer
  • Marigold Company owns equipment that cost $936,000 and has accumulated depreciation of $395,200. The expected future net cash fl
    11·1 answer
  • Please match each description with the appropriate approach to federal finance. Policymakers should reduce spending and increase
    7·1 answer
  • Barry customizes Harley-Davidson motorcycles. No two cycles are alike. He notices that very few customers even ask the price of
    6·1 answer
  • Kyle plans to buy new tires for a car that his family uses for camping trips. These tires are of the same type like those that a
    12·2 answers
  • At the time the $400 petty cash fund is being replenished, the company's accountant finds vouchers totaling $350 and petty cash
    13·1 answer
  • Restricting imports Question 10 options: can protect United States jobs in the protected industry, which increases economic welf
    13·2 answers
  • What types of services do property taxes typically pay for?​
    15·1 answer
  • WILL GIVE BRAINLIEST
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!