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iren2701 [21]
4 years ago
5

In competitive markets, a surplus or shortage will select one:

Business
1 answer:
Andrej [43]4 years ago
8 0

Answer: c.  

In a  competitive market, there are many producers competing to provide consumers the products they needed and thus they cannot dictate prices.

If a surplus occurs, there is an excess of quantity supplied and since producers won't be able to sell all their products, they tend or are forced to lower their price.

The reverse happens when there is a shortage. When there is less supply in the market, price increases.

Surplus and shortage in a competitive market, therefore, will cause shifts in the demand and supply curves that tend to eliminate the surplus or shortage.

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Matt has three passive activities and has at-risk amounts in excess of $100,000 for each. During the year, the activities produc
anygoal [31]

Answer:

d. $15,000 is allocated to A; $10,000 is allocated to B

Explanation:

Activity C will not carry and suspended losses as it was profitable, the net of 25,000 will be distributed among the lossing activites:

60,000+ 40,000 = 100,000 loss

activity A weight 60%

activity B weight 40%

net loss: 25,000

activity A 25,000 x 60% = 15,000

activity B 25,000 x 40% = 10,000

7 0
3 years ago
Which of the following best represents the three types of business organizations today? a. Financial, sales, and product creatio
asambeis [7]

Answer: b. Services, marketing intermediaries, and manufacturing

Explanation:

The three types of businesses today;

  • Services - Service companies sell intangible goods otherwise known as services to people who will derive value from them. As such they are highly focused on customer satisfaction which leads to them employing individuals with the knowledge and experience to provide services. Examples include; Accounting firms, law firms, etc

  • Marketing Intermediaries - These are the middle men in the market. The facilitate the flow of goods from the producer/ supplier to the end user. They include: agent, wholesalers, retailers, financial institutions etc.

  • Manufacturing - Manufacturing businesses are those who produce the goods that we use today. They are most probably the biggest and most valuable of the 3 types as they comprise of all goods manufactured in the market including technology, commodities, construction, automobiles and the like.
6 0
4 years ago
2. If a company complies with government regulations, it incurs A. reputation costs. B. court costs. C. implementation costs. D.
Ede4ka [16]
If a company complies with government regulations, it incurs implementation costs. When a company decides to agree and follow new regulations, it will have to implement them into their organization. By implementing them, they are making changes within their organizations processes and therefor having costs associated with the changes. 
3 0
3 years ago
7200 shares of treasury stock of Coronado, Inc., previously acquired at $13 per share, are sold at $19 per share. The entry to r
GalinKa [24]

Answer:

Credit to Paid-In Capital from Treasury Stock for $43,200

Explanation:

Based on the information given The entry to record this transaction will include a Credit to Paid-In Capital from Treasury Stock for $43,200 calculated using this formula

Credit to paid-in capital treasury stock=[Number of treasury shares sold × (Selling price of treasury stock - Cost of treasury stock) ]

Let plug in the formula

Credit to paid-in capital treasury stock=[7,200*($19 per share-$13 per share)]

Credit to paid-in capital treasury stock=7,200*$6

Credit to paid-in capital treasury stock=$43,200

3 0
3 years ago
A drug interdiction program that successfully reduces the supply of illegal drugs in the United States likely will
Darya [45]

Answer:

The answer is: D) raise the price, reduce the quantity, increase total revenues, and increase crime.

Explanation:

According to the law of supply and demand, when the supply of any given product is artificially lowered, the supply curve will shift:

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3 0
3 years ago
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