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4 years ago

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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Dandy's Fun Park is evaluating the purchase of a new game to be located on its Midway. It has budgeted $40,000 for this purcha

arlik [135]

Answer:

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3 years ago

The investments of Steelers Inc. include a single investment: 11,100 shares of Bengals Inc. common stock purchased on September

mihalych1998 [28]

Answer:

Steelers Inc.

a) Journal entries:

Sept. 12

Debit Available for Sale Investment $133,200

Credit Cash Account $133,200

To record investments in the common stock of Bengals Inc., 11,110 shares at $12 per share.

Dec. 31:

Debit Unrealized Loss on Available for Sale Investment $22,200

Credit Available for Sale Investment $22,200

To record the fair value of the investment.

b) The unrealized gains and losses are included in other comprehensive income within the equity section of the balance sheet.

The loss will, therefore, be deducted from other comprehensive income.

Explanation:

Investments held for sale are accounted for at fair value. This implies that at the end of any accounting period, the fair value of the investments will be determined. This is usually the market value. Then, adjustments are made in the asset account according to the fair value. There will be recognized either unrealized gain or loss, which are taken to other comprehensive income in the balance sheet under the equity section.

5 0

3 years ago

If consumers are willing to pay a higher price than previously for each level of output, we can say that _______ has occurred. A

Nady [450]

Hey there!!

The correct answer is Option A. an Increase in supply

Hope this helped and I wish you the best in luck! (:

6 0

3 years ago

If you buy the bond for $1,000 (ytm = 6%), then the yield increases to 7%, and you sell the bond immediately after the first cou

shusha [124]

If you buy the bond for $1,000 (YTM = 6%), then the yield increases to 7%, and you sell the bond immediately after the first coupon payment (in 1 year), hpr after 1-year

bond price = 60/1.07 +1000/1.07

=990.65

HPR = ((990.65-1000)+60)/1000

=5.06%

A credit score card price coupon is a paper slip with charge information, consisting of the due date and the card's assertion balance, that is supposed to be sent along side a check whilst paying a credit card invoice through mail.

The term "coupon" is derived from the historic use of actual coupons for periodic hobby payment collections. as soon as set on the issuance date, a bond's coupon charge remains unchanged and holders of the bond acquire fixed interest bills at a predetermined time or frequency.

The coupon rate, additionally called the nominal charge, nominal yield, or coupon fee is a percent that describes how plenty is paid by means of a set-income safety to the proprietor of that protection for the duration of the period of that bond.

Learn more about coupon rates here:

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7 0

1 year ago

6. He is not a skilled worker. He

Neporo4naja [7]

Answer:

earn . 

 

He is not a skilled worker. He doesn't earn much.

8 0

3 years ago

Read 2 more answers