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3 years ago

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.

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Jackie is an entrepreneur and is scheduled to deliver a presentation about her business to investors, in order to help raise fun

dsp73

Answer:

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Explanation:

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3 years ago

Read 2 more answers

When brad john talks about the fact that he is going to have to create different financial plans depending on the amount of busi

nika2105 [10]

When Brad John talks about the fact that he is going to have to create different financial plans depending on the amount of business the company is bringing in, he is referring to a cash flow plan. It estimates short and long-term expenses against projected incoming cash. This is a form of anticipation through creating cushion intended for unexpected expenses.

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3 years ago

Kenny, Inc., is looking at setting up a new manufacturing plant in South Park. The company bought some land six years ago for $8

Zarrin [17]

Answer:

$34,590,000

Explanation:

Kenny incorporation is looking at setting up a new manufacturing plant in South park

The company purchased some lands six years ago $8.4 million

The land will net $11.2 million if sold today

The plant will cost $22.4 million to build

The site requires $990,000 worth of grading before construction

Therefore the proper cash flow can be calculated as follows

= opportunity costs + costs + upgradation

= $11,200,000 + $22,400,000 + $990,000

= $34,590,000

Hence the proper cash flow is $34,590,000

6 0

3 years ago

10. ________________ is the extent to which employees have positive or negative feelings about various aspects of their work.

lozanna [386]

Answer:

A. Job satisfaction

Explanation:

Job satisfaction can be influenced by a number of significant factors. There may be motivation or lack of motivation according to the working conditions, such as job perception, management, organizational culture, reward system, etc.

There needs to be active management to analyze what are the main factors that affect job satisfaction in an organization, so that there is greater motivation, productivity, positive business climate, ethical behaviors, etc.

5 0

3 years ago

A decrease in the price of a good will lead to:_______

butalik [34]

Answer:

C. a movement down along the supply curve for that good.

Explanation:

A decrease in price would lead to a decrease in the quantity supplied and a movement down along the supply curve.

This is in accordance to the law of supply which says the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.

6 0

3 years ago