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eduard
3 years ago
12

What must happen to the market price in order for a shortage to be eliminated?

Business
1 answer:
sweet-ann [11.9K]3 years ago
7 0
In order for a shortage to be eliminated, the price must rise.
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A heavy snowstorm is predicted to occur in Boston on the same night as the city’s professional basketball team is playing a game
Jlenok [28]

Answer:

2

Explanation:

According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

If the price of the ticket is reduced, the quantity demanded would increase

If on the other hand, prices are increased, the quantity demanded would reduce.

3 0
3 years ago
Stoneheart Group is expected to pay a dividend of $3.27 next year. The company's dividend growth rate is expected to be 3.4 perc
shepuryov [24]

Answer:

The stock price is $37.16

Explanation:

Dividend Valuation method is used to value the stock price of a company based on the dividend paid, its growth rate and rate of return. The price is calculated by calculating present value of future dividend payment.

Formula to calculate the value of stock

Price = Dividend / ( Rate or return - growth rate )

Price = $3.27 / ( 12.2% - 3.4% )

Price = $3.27 / 12.2% - 3.4%

Price = $3.27 / 8.8%

Price = $37.16

7 0
3 years ago
Pretzelmania, Inc., issues 6%, 10-year bonds with a face amount of $63,000 for $58,523 on January 1, 2018. The market interest r
Mamont248 [21]

Answer:

Please refer to the below for Journal entries

Explanation:

The journal entries are seen below

1. Cash A/c Dr $58,523

Discount on bond payable A/c Cr $4,477

To bonds payable A/c Cr $63,000

(Being the issuance of bond that is recorded)

2. Interest expense A/c Dr $2,048

To discount payable A/c Cr $158

To cash A/c Cr $1,890

(Being the first interest payment that is recorded)

Note:

Interest expense

= $58,523 × 7% × 6 months ÷ 12

= $2,048

Cash

= $63,000 × 6% × 6 months ÷ 12

= $1,890

4 0
3 years ago
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andriy [413]

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. Martha's average utilities

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As it is mentioned in the information Martha has signed the listing agreement, a listing agreement is an agreement which is signed between the broker and owner.

The significance of listing contract is that the owner allowing the broker to work for the owner as an agent to sell the property.  so it must include broker commission, Martha's property price and duration of the contract

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3 years ago
Mara wants to draw people to her blog by awarding a $5 amazon gift card to the 100th, 200th, 300th, etc. visitor each day. what
Juli2301 [7.4K]
I believe it is fixed-ratio reinforcement. The behavior (viewing her blog) has to happen a set number of times (100, 200, 300) before the reinforcement (gift card) is given. 
4 0
3 years ago
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