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
Vedmedyk [2.9K]
3 years ago
15

Which of the following correctly describes how price adjustments eliminate a shortage?

Business
1 answer:
vampirchik [111]3 years ago
8 0

Answer:

As the price rises, the quantity demanded decreases and the quantity supplied increases.

Explanation:

When a shortage occurs, demand for a product is high and is not being matched by supply (supply is low).

So to bring demand down and increase supply, we need to increase the price.

According to the law of demand and increase in price results in a decrease in demand.

The law of supply states that when price increases there will be an increase in supply, making more goods available and eliminating shortage.

This is illustrated in the attached diagram.

You might be interested in
The ability to connect to the internet through a modem using the same wires that transmit cable television was an example of a _
joja [24]
Answer: Major innovation.

6 0
2 years ago
I’m<br> Sorry if this is hard to read but help me please it’s very important!!!!
Archy [21]

The answer is to know the reliability of the informationa

8 0
3 years ago
Discs and the Internet are unreliable and often slow, and there's nothing quite as distracting as "_____" in the middle of a pre
forsale [732]

Answer:

Discs and the Internet are unreliable and often slow, and there's nothing quite as distracting as "<u>having this issue</u>" in the middle of a presentation.

Explanation:

Presentation is often a formal talk or sharing of ideas about a topic which can be on any field, matter, discovery, product, to an audience.    

Since discs are used for optical storage, which allows data storage and data retrieval are very good to store information for presentation.

However, discs can be unreliable likewise the internet. As a disc is a computer hardware, it can be attacked by a computer virus thereby affecting the stored data, and the internet speed also varies across locations, all these can cause distractions in the middle of a presentation especially if one needs the disc and the internet to be able to render a presentation efficiently.

           

7 0
2 years ago
The total assets of brandon co. are $900,000 and its liabilities are equal to one-fourth of its total assets. what is the amount
yuradex [85]
900,000 / 1/4 = liabilities
900,000 - liabilities - stockholder's equity

900,000/4 = 225,000
900,000 - 225,000 = 675,000
5 0
3 years ago
Read 2 more answers
Howard Cho has been hired by Greenwood Enterprises to work on an assembly line in its small engine division. He understands that
tiny-mole [99]

Answer: Union

Explanation:

The options to the question,:

A Open

B. Managed

C. Union

D. Closed

E. Agency

From the question, we are informed that Howard Cho has been hired by Greenwood Enterprises to work on an assembly line in its small engine division and that he understands that he will be on probation for 30 days and then must join the union. This implies that Cho enterprise has a union shop.

A union shop is a form of a union security clause whereby the employer may employ workers who are into the union or those who don't but those that are not yet union members will have to join after a 30 days period.

8 0
3 years ago
Other questions:
  • Sal has been in the landscaping business for over 40 years. when jaime, his business partner, suggested adding snow removal as a
    8·2 answers
  • Which law provided billions of dollars to cities and states to build wastewater facilities?
    12·1 answer
  • A company is considering the purchase of a new machine for $48,000. Management expects that the machine can produce sales of $16
    7·1 answer
  • Zappos employees are "driven" to participate in charitable activities and feel that giving back to the community is something th
    15·1 answer
  • Joseph is a sales manager for ETC Corporation. ETC is a manufacturer of high-end kitchen appliances for restaurants. Nicole has
    6·1 answer
  • If you burn garbage in your backyard and the smoke damages a neighbor's house,the damage is considered an externality.The extern
    9·1 answer
  • At the beginning of the year, Sigma Company's balance sheet reported Total Assets of $366,000 and Total Liabilities of $28,300 a
    5·1 answer
  • Advise someone on the implications of CPA on businesses​
    15·1 answer
  • Name three types of financial payment methods for labour services.
    15·1 answer
  • External forces in the natural environment include A. the trend toward healthier lifestyles, which can shift spending toward exe
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!