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
iren2701 [21]
3 years ago
5

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

Business
1 answer:
Andrej [43]3 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.

You might be interested in
Sheffield Realty Corporation purchased a tract of unimproved land for $115,500. This land was improved and subdivided into build
monitta

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
4 0
3 years ago
The flood account is set up as a chiasm. this means it is a _______________ story/account.
Anni [7]

The flood account is set up as a chiasm. this means it is a account story/account.

<h3>How do you explain chiasm?</h3>

A chiasmus is a rhetorical device used to create a stylized writing effect, in which the second part of a sentence is a mirror image of the first.

<h3>Chiasmus: What Is It?</h3>

"By day the frolic" is the first part of the statement.

"And the dance by night," reads the second half of the line.

<h3>What does the Bible's chiastic structure entail?</h3>

A literary device used in narrative motifs and other textual passages is the chiastic structure, often known as the chiastic pattern. The presentation of two concepts, A and B, along with their variations, A' and B', as A,B,B', and A' is an illustration of chiastic structure.

<h3>What is the significance of the chiastic structure of the Bible?</h3>

The chiastic structure, also referred to as the chiastic pattern, is a literary device employed in narrative motifs and other textual sections. The presentation of two ideas, A and B, along with their variations, A' and B', as A,B,B', and A', serves as an example of chiastic organization.

To Know more about chiasmus

brainly.com/question/2054931

#SPJ4

8 0
1 year ago
I wanna see how quick ya'll answer. Tell me if your answer quickly only because of the points if not the points give me another
enyata [817]

Answer:

thanks for this

Explanation:

because the points <3

8 0
3 years ago
Read 2 more answers
1. _______ Allen was driving home when a deer jumped out. The deer damaged his truck.
kow [346]

Answer:

Matching Situation with appropriate term:

1. _c. Collision __ Allen was driving home when a deer jumped out. The deer damaged his truck.

2. _n. Property Damage Liability _ A lightning strike at Troy’s home damages his TV and DVD player.

3. _h. Insurance Company/Insurer _ ABC Insurance Inc. advises Katie that she cannot take out a policy on Brad Pitt.

4. _p. Risk management _ Adam’s job is deciding if the insurer will accept a risk and what the cost will be.

5. __o. Renter’s __ Amy decides not to purchase a new car because insurance is so expensive.

6. __m. Premium _ Bill is paid for a collision claim based on the book value of his vehicle.

7. __i. Insurance fraud _ Cheetum’s Body Shop padded the repair bill for Chris’s pick up.

8. _b. Bodily Injury Liability _ Janet hit a car and someone was hurt. This covers the medical expenses.

9. _r. Uninsured and Underinsured Motorist _ Keith let the auto insurance policy lapse. Keith rear-ended Ann’s truck today.

10. _d. Comprehensive _ Missy owes for damage to John’s car because she hit him while talking on her cell.

11. _m. Premium_ Monica’s life insurance costs more but includes a savings component.

12. _s. Whole Life__ Pat insures his business partner, Chuck, with a $1 million life insurance policy.

13. __m. Premium__ Rob gets a bill in the mail from ABC Insurance Company for $125.

14. __h. Insurance Company/Insurer _ Ross contacted this business when he had an automobile accident.

15. _n. Property Damage Liability _ Tammy hit a telephone pole and did over $2000 damage to her car.

16. _e. Financial Responsibility Law __ This requires Joe to buy liability insurance prior to getting a license plate.

17. __l. Medical Payments __ Thomas shut the trunk on his thumb and went to the emergency room.

18. __i. Insurance fraud_ Tony and Chris staged an auto accident to collect claim benefits.

19. _n. Property Damage Liability_ Wanda’s car was damaged by hail during a storm.

20. _b. Bodily Injury Liability_ An ambulance transported Melanie to the hospital after the other car crossed the center line and caused a wreck.

Explanation:

Appropriate terms:

a. Actual Cash Value

b. Bodily Injury Liability

c. Collision

d. Comprehensive

e. Financial Responsibility Law

f. Homeowner’s

g. Insurable Interest

h. Insurance Company/Insurer

i. Insurance fraud

j. Insured

k. Joint Insurance

l. Medical Payments

m. Premium

n. Property Damage Liability

o. Renter’s

p. Risk management

q. Underwriter

r. Uninsured and Underinsured Motorist

s. Whole Life

4 0
3 years ago
What is NOT affected by decisions of the federal Open Market Committee?
natka813 [3]

I believe the answer is: D. bond prices


Bond prices is determined by the mutual agreement between the company who issue the bond and the investors who bought them along with its value in the market. federal Open Market Committee only has the jurisdiction in United States Treasury securities and banking operation.

5 0
3 years ago
Read 2 more answers
Other questions:
  • Which of the following would be a good opening statement to make to a new prospect as you visit for the first time with him?
    13·2 answers
  • Sandy uses online banking, and her bank charges her $4.99 per month. However, she has seen ads for a competing bank offering fre
    15·2 answers
  • What is the term for the codes and formats used for the exchange of medical data?
    7·1 answer
  • Consider the following items: (a) Decrease in accounts receivable (f) Gain on the sale of equipment (b) Issuance of common stock
    12·1 answer
  • You have been working as an assistant manager in Mimi and Jasmine's (M&amp;J) warehouse. M&amp;J is an innovative cosmetics comp
    6·1 answer
  • The following three independent sets of facts relate to contingent liabilities: 1. In November of the current year an automobile
    12·1 answer
  • Latisha likes apple juice and orange juice equally well, however she normally drinks orange juice with her breakfast each day. A
    13·1 answer
  • "______ accounting uses adjusting entries to reflect economic reality even when there is _______ involved in the transaction. Th
    8·1 answer
  • Which one of the following statements about best practices is false?
    9·1 answer
  • Duane and Evan orally agree to a transfer of forty acres of farmland. Evan asks Finance Bank to lend him the funds to buy the la
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!