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Tpy6a [65]
3 years ago
11

In a market without price controls, supply will eventually _____ demand. Then consumers will buy all the products that producers

supply. equal be greater than be less than
Business
2 answers:
SIZIF [17.4K]3 years ago
4 0
In a market without price controls, supply will eventually _____ demand. Then consumers will buy all the products that producers supply.
<span>The answer is - be less than
When there's no price control consumer can now buy anything they want and sooner the economy will supper the lack of supply.</span>
nydimaria [60]3 years ago
3 0

I believe the answer is: Be less than

.

Without price control, the sellers/producers tend to have the tendency to keep increasing the selling price of the product in order to maximize their profit. When this happen, the demand of that product would be decreased which resulted in over supply of the product.

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Jake finds that he can understand where others are coming from and is often the quiet voice of compromise at work. With regard t
arsen [322]

Answer:

Combination of Learning Patterns

Explanation:

There are two classifications of very studied learning styles: sensory and Kolb's. Remember that a person's style of learning results from a combination of different factors: cognitive, affective and psychological.

A sensory classification, also called VAK, highlights that we all have a favorite sense and that we can improve learning if we contemplate these sensory preferences. Mainly, 3 great systems are distinguished to learn the information received: Visual, auditory, kinesthetic.

David Kolb, an educational theorist of American origin, believed that learning developed from three causal factors: genetics, life experiences and environmental experiences.

In this way, he defined 4 types of learning: Active, reflective, theoretical, pragmatic.

The use of various learning styles without preference is called a combination of learning styles.

7 0
3 years ago
On November 1, 2021, New Morning Bakery signed a $191,000, 6%, six-month note payable with the amount borrowed plus accrued inte
rosijanka [135]

Answer:

$196,730

Explanation:

The note payable signed has an interest rate of 6% per year. Since the amount is paid back in 6-months, only half a period should be considered when calculating interests due. The total amount that New Morning Bakery should pay back on May 1, 2022 is given by:

A =\$191,000*(1+(0.06*0.5))\\A=\$196,730

The company will need to pay $196,730.

8 0
3 years ago
If Macy's department store managers looked at Dillard's department store prices for identical national brands and, based on that
Masteriza [31]

Answer:

Competition-based.

Explanation:

Competition-based pricing is a strategy of adopting similar pricing to companies in the same industry. It is a method based on competitive price observation and publicly disclosed information.

This method is not fully effective, although the added benefits of simple implementation, low risk and accuracy, there may be several missed opportunities when adopting the competition-based pricing method. Copying competitors' prices may not be a good solution to maximize profits, it is a short-term solution that may not be aligned with business strategy and the value and perception of consumers about your products and services.

So there are several other variables that influence profitability, and often following a criterion of copying prices is not enough, the ideal is for each company just to orientate itself to the other and establish a pricing that justifies its strategy.

5 0
3 years ago
With the help of a diagram explain types of price elasticity of supply​
SIZIF [17.4K]

Answer:

...

Explanation:

...

8 0
4 years ago
Kruger corporation sells construction equipment to a customer for $50,000. The equipment comes with a standard 2-year warranty c
Darya [45]

Answer:

The missing question is "<em>Kruger offers an extended warranty that covers repairs for years 3 through 10. The price of the extended warranty is $3,000. Kruger estimates that it costs $2,500, on average, to provide the additional repairs required under the extended warranty. </em>

<em>Required: Assuming the customer chooses not to purchase the extended warranty, what journal entry(ies) should Kruger make at the time of the sale? Assuming the customer chooses to purchase the extended warranty, what journal entry(ies) should Kruger make at the time of the sale?"</em>

<em />

Solution:

Date      Account Titles               Debit        Credit

              Cash                              $50,000

                    Sales revenue                          $50,000

              Warranty expense         $1,200

                       Warranty liability                     $1,200

Date      Account Titles               Debit        Credit

            Cash                               $53,000

                 Sales revenue                            $50,000

                 Unearned revenue                     $3,000

            Warranty expense          $1,200

                   Warranty liability                        $1,200

8 0
3 years ago
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