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3 years ago

In the market clearing price,

Business

1 answer:

Semenov [28]3 years ago

4 0

Answer:

B) the supply by sellers meets the demand from buyers.

Explanation:

The market clearing price is also called the equilibrium price. At the equilibrium price for a given product or service, both the quantity supplied by the suppliers and the quantity demanded by the consumers is EQUAL. In a supply and demand curve, the equilibrium price is where both curves meet.

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The pharmaceutical company Merck's new drug Vioxx was a blockbuster, generating revenues of $2.5 billion a year by 2002 and grow

marissa [1.9K]

Merck provides an example of what can happen if a company deviates from its : Core values

<h3>What are core values?</h3>

The core values of an organization are those values we hold, which form the foundation on which we perform work and conduct ourselves.

The core value of a company are those enduring principles that govern it's fundamental conduct towards attainment of it's goals. It is usually a passionate pledge on the principles that the organization stands for.

Hence, Merck provides an example of what can happen if a company deviates from its core values.

Learn more about core values here : brainly.com/question/14595106

6 0

2 years ago

Once a firm has diversified and established itself in several different businesses, then its main strategic alternatives include

RoseWind [281]

Answer:

E. Shifting from a multi-country to a global strategy.

Explanation:

The process of diversification allows the firms to reap the competitive advantages as the benefits of the skills and transfers, low costs economies of scope.

Cross boundaries used by the powerful brands and collaboration in the creation of stronger and competitive capabilities.

A diversified firms thus look for a global strategy to spread its risks and establish its business and develop its main strategic alternatives.

The diversified firms hence have ample market opportunities and thereby brain the scope of the business.

6 0

3 years ago

Suppose a closed economy. Suppose there are a farmer, a baker and the consumers residing in this economy. Flour and bread are th

Darya [45]

Answer:

The total spending on all final goods and services produced is equal to $154,000.

Explanation:

The total spending on all final goods and services produced can be calculated as follows:

Total spending = Amount paid by consumers to farmer for flour + Amount paid by consumers to baker for bread + Government spending on hiring consumers ...................... (1)

Where;

Amount paid by consumers to farmer for flour = $20,000

Amount paid by consumers to baker for bread = $120,000

Government spending on hiring consumers = $14,000

Substituting the values into equation (1), we have:

Total spending = $20,000 + $120,000 + $14,000 = $154,000

Therefore, the total spending on all final goods and services produced is equal to $154,000.

3 0

3 years ago

A 3/1 ARM is made for $150,000 at 7% with a 30 year maturity. Assuming that fixed payments are to be made monthly for three year

sveticcg [70]

Answer:

Monthly paymenty for $ 997.954

Explanation:

We have to calcualte for the PTM of the mortgage for the first three years at which the rate is fixed:

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV $150,000

time 360 (30 years x 12 months)

rate 0.005833333 (7% annual / 12 months)

$150000 \div \frac{1-(1+0.005833)^{-360} }{0.005833} = C\\$

C $ 997.954

8 0

3 years ago

A company uses the dollar-value LIFO inventory method. At the end of 20X2 the cost index is 1.25 and the ending inventory at bas

lana [24]

Option A. 300000.

The four main ways to account for inventory are specific identification, first in first out, last in first out, and weighted average methods.

The retail inventory method is an accounting method used to estimate the value of a store's merchandise. The retail method provides the ending inventory balance for a store by measuring the cost of inventory relative to the price of the merchandise.

The FIFO method is the most popular inventory method because it's the one that most closely matches the actual movement of inventory for most businesses. This method assumes that the first products you acquired will be the first that are sold.

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Learn more about the inventory method at

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5 0

2 years ago