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Mekhanik [1.2K]
4 years ago
11

If the equilibrium price of a good increases and the equilibrium quantity of the good decreases, we can conclude that __________

.
Business
1 answer:
Alex777 [14]4 years ago
7 0

<u>Answer: </u>Supply decreases and the supply curve has shifted upwards.

<u>Explanation:</u>

Equilibrium price is the place where the supply and demand curves meet. It is the balance point above the point creates surplus and below the point creates shortages.Surplus occurs when the prices are lowered to increase the sales. When there is a shortage the prices will increase to make benefit out of the situation and meet high demand.

When the supply and demand curves shift upwards it affects the price and quantity. The equilibrium price of the product will increase and the quantity falls.

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STatiana [176]

The answer is: will not make a lot of money

In business, risk and profit would always go on the same direction. Meaning that A decision that had low risk tend to had lower amount of profit while a decision that had high risk tend to had higher amount of profit as a reward.

Strategy to minimize a risk tend to be done by people or organizations that do not have large reserve of capital and their mind goal is so the business can survive rather than taking as much profit as possible.

5 0
3 years ago
Which loan type provides interest subsidy meaning department of education pays your interest while.
zlopas [31]

Subsidized direct loan provides interest subsidy meaning department of education pays your interest while.

<h3>What is loan?</h3>

The term loan refers to a type of credit vehicle in which a sum of money is lent to another party in exchange for future repayment of the value or principal amount. In many cases, the lender also adds interest and/or finance charges to the principal value which the borrower must repay in addition to the principal balance. Loans come in many different forms. There are a number of factors that can differentiate the costs associated with them along with their contractual terms. Interest rates have a significant effect on loans and the ultimate cost to the borrower. Loans with higher interest rates have higher monthly payments or take longer to pay off than loans with lower interest rates.

Learn more about loan, refer:

brainly.com/question/22594723

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5 0
2 years ago
Jared had studied extremely hard for his math test and believed he had understood the material and memorized the formulas. As he
puteri [66]

Answer:

He began to worry.vvv

Explanation:

3 0
3 years ago
Read 2 more answers
LO 2.2Which of the following are prime costs?
sesenic [268]

Answer:

OPTION D: Direct Labor and Direct Material

Explanation:

Prime cost of a product is defined as the direct costs of producing a product including direct material costs and direct labor costs. Any other manufacturing overheads, indirect expenses and indirect materials/labor cost are not included in the calculation of PRIME COSTS .

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Therefore, OPTION D: direct Labor and direct materials is the correct definition of prime costs.

4 0
3 years ago
A party to a lawsuit that has an actual stake in the outcome of the case has:
MrMuchimi
I believe the answer is Legal standing.
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The amount of involvement that certain parties had in the case will determine how much involvement the party is allowed to influence the case.
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3 years ago
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