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
lilavasa [31]
3 years ago
13

The graph shows excess demand. A graph titled Excess supply has quantity on the x-axis and price on the y-axis. A line with posi

tive slope represents supply and a line with negative slope represents demand. The lines intersect at the point of equilibrium (p star, Q star). A point on the demand line is (P 2, quantity demanded) and a point on the supply line is (P 2, quantity supplied). Both points are lower than the point of equilibrium. Excess demand is indicated between the 2 points. Which needs to happen in order to stop disequilibrium from occurring? Q needs to be coordinated with supply. Q needs to be coordinated with demand. The price of goods needs to be increased. The price of goods needs to be decreased.
Business
2 answers:
Tema [17]3 years ago
7 0

Answer:

The price of goods needs to be increased.

Explanation:

Excess demand occurs when the quantity demanded is higher than the quantity supplied. This happens when the price of the good is lower than the equilibrium price. This can happen naturally in the market, or can happen if the government imposes a binding price floor.

The best way to solve excess demand is to raise the price, in order to reach equilibrium. Once in equilibrium, the price will coordinate the quantity supplied and the quantity demanded so that they're roughly equal.

Nitella [24]3 years ago
4 0

Answer:

its c

Explanation:

You might be interested in
Data concerning three of the activity cost pools of Salcido LLC, a legal firm, have been provided below: Activity Cost Pool Tota
igor_vitrenko [27]

Answer:

Estimated manufacturing overhead rate (Meeting with clients)= $170 per hour

Explanation:

Giving the following information:

Activity Cost Pool -  Total Cost -  Total Activity

Researching legal issues $ 22,130 and 750 research hours

Meeting with clients $ 1,270,410 and 7,473 meeting hours

Preparing documents $ 93,490 and 5,850 documents

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate (Meeting with clients)= 1,270,410/7,473= $170 per hour

3 0
3 years ago
Was it smart of Cedric to avoid writing about his embarrassing lunchtime incident and wacky grandma?
LekaFEV [45]
Yes, because harassing grandma is unnecessary and rude.
5 0
3 years ago
Giani and Maria are attempting to purchase a house in a new neighborhood. Maria is four months pregnant with their first child,
bija089 [108]

Answer:

The answer is "ECOA".

Explanation:

The Equal Credit Opportunity Act strictly prevents a lady from paying when she has a kid. It implies electronically gather information in clinical trials. The quality of data can be greatly improved whilst satisfying regulatory requirements. Inside this context, technologies including mobile phones, tablets or even the Web allows participants in the study, doctors, and caregivers to submit health results immediately.

8 0
3 years ago
Revocation of an offer is valid once it is __________________.
Amiraneli [1.4K]

Revocation of an offer is valid once it is <u>B. received</u> by the offeror (the person making the offer), meaning that it has been communicated to the other party by the offeree.

<h3>What is the revocation of an offer?</h3>

The revocation of an offer is the nullification or canceling of an offer by the offeree.  It becomes effective when the offeree communicates to the offeror before acceptance.

Once the revocation has been communicated, the offer is no longer considered valid and cannot legally be accepted. The implication is that revocation goes into effect immediately it has been communicated to the relevant party.

Thus, revocation of an offer is valid once it is <u>B. received</u> by the offeror.

Learn more about offer revocations at brainly.com/question/26532053

5 0
2 years ago
Read 2 more answers
Evans products uses a process costing system with two processing departments: the mixing department and the finishing department
Mice21 [21]

Answer:

A debit to Work-in-Process Inventory, Finishing Department of $140,000

Explanation:

Data provided

Cost transferred per unit = $4

Units transferred = 35,000

Total cost of units transferred = Cost transferred per unit × Units transferred

= $4 × 35,000

= $140,000

Therefore Process department is a finishing department. From the last processing department to finished goods and when only finished goods are debited.

$140,000 will be paid to the Work-in-Process Inventory, Mixing Department and debited to the Finishing Department, Work-in-Process Inventory.

3 0
3 years ago
Other questions:
  • Miriam's employer offers paid vacations, health insurance, and life insurance, as well as a 401(k). Currently, Miriam is partici
    7·1 answer
  • According to keynesianism, as more items are being made, what happens to prices?
    5·2 answers
  • Which is the most common ethical dilemma that financial planners face? A. method of meeting their clients B. method of charging
    7·1 answer
  • Suppose a starbucks tall latte cost $4.00 in the united states, 5.00 euros in the euro area and $2.50 australian dollars in aust
    11·1 answer
  • government regulation is the most important factor. B) commodity money, because it is valued more highly, tends to drive out pap
    12·2 answers
  • A company borrows $25 000 to buy new equipment. The loan is to be repaid in five equal annual payments. If the interest rate is1
    7·1 answer
  • If the Canadian dollar to U.S. dollar exchange rate is 1.21 and the British pound to U.S. dollar exchange rate is 0.68​, what mu
    13·1 answer
  • The following production data were taken from the records of the Finishing Department for June:Inventory in process, 6-1 (30% co
    9·1 answer
  • Compare and contrast the U.S. Constitution and the Arizona Constitution. Discuss three findings that account for the significant
    10·1 answer
  • after three summers working for a local landscaping business, scott suggested that his boss add snow removal as an extra service
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!