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
Liula [17]
3 years ago
8

12. What happens as a result of a shortage? a. There is downward pressure on prices. b. There is upward pressure on prices. c. C

onsumers begin to view the good as an inferior good because they have a hard time finding it. d. Supply of the good decreases.
Business
1 answer:
choli [55]3 years ago
4 0

Answer:

Option C There is upward pressure on prices

Explanation:

The reason is that the price and supply are inversely proportional to each other. If the supply increases the prices of the product will decrease. This means that the product will increase its value if the supply of the product gets lower. Also note that the price moves upward to reach equilibrium for a level of supply. It means if the product prices increases then the supply shortage will be lowered as a result nobody will buy the product. So the supplier will have to lower price that the consumer will be willing to pay to the supplier.

You might be interested in
In 2019, Bonita Industries sold 3000 units at $1000 each. Variable expenses were $700 per unit, and fixed expenses were $780000.
solniwko [45]

Answer:

Bonita’s break-even point in units for 2020 is 812.50 units.

Explanation:

Break-even point in units refers to the number of units of commodity that must sold by a company in order for its cost to be equal to revenue and therefore make no profit but also no loss. This can be determined for Bonita Industries as follows:

Selling price in 2020 = Selling price in 2019 * (100% - Percentage cut in selling price) = $1,000 * (100% - 40%) = $1,000 * 96% = $960

Variable expenses = $700

Fixed expenses = $780,000

Contribution per unit = Selling price in 2020 - Variable expenses = $960 - $700 = $260

Bonita’s break-even point in units for 2020 = Fixed expenses / Contribution per unit = $780,000 / $960 = 812.50 units

Therefore, Bonita’s break-even point in units for 2020 is 812.50 units.

8 0
3 years ago
Which expense has to be incurred at the time of Production?<br> a)fixed<br> b)variable
Setler [38]
Both but fixed goes first so a is correct
7 0
2 years ago
You are given the following information concerning Parrothead Enterprises:
Alenkinab [10]

Answer:

7.85%

Explanation:

Face value of bond =$2000

Price of current bond= face value× 106.5% = $2130

Term= 25 years×2= 50 period

Coupon rate= 7%×1/2= 3.5%

Coupon amount= coupon rate×face value = $2000×3.5/100

         =$70 for a period

YTM of bond= [coupon amount+ (maturity value-current price)/Term]/0.6×current price+0.4×maturity value]

YTM of bond= 6.487% per annum

Total market value of bond= 8,400bonds× $2130= $17,892,000

Market value of common stock= 275,000shares × 62.50= $18012500

Weight of common stock= 0.490009385

Weight of preferred stock= 0.023259294

WACC= Wd* Kd + Wc*Kc + Wp*Kp

= 0.486731321× 4.86525% +

0.490009385× 10.9624275+

0.023259294× 4.7368421%

=7.849%

= 7.85%(rounded)

Thus, WACC is 7.85%

3 0
3 years ago
If we have eight decisions to make and 3 choices for each decision, how can we represent the number of potential outcomes
AveGali [126]

We can represent the number of potential outcomes by 3 to the power 8.

<h3>What is permutation and combination?</h3>

Permutation relates to the act of arranging all the members of a set into some sequence or order.

We can assume, for two choices, we have one decision. This can be represented as, since we have eight decisions,

Representation of the potential outcomes are:

= 3^1 + 3^1 + 3^1 + 3^1 + 3^1 + 3^1 + 3^1 + 3^1

= 3^8

= 6,561

Learn more about permutation and combination here: brainly.com/question/21014199

#SPJ1

3 0
2 years ago
SEND HELP 90 POINTS AND A CROWN
Bond [772]

Answer:

a. background check

Explanation:

thats what they do when they're looking into your history

3 0
3 years ago
Read 2 more answers
Other questions:
  • When an employee does the work necessary to remove physical dirt what food residue
    15·1 answer
  • According to the eNotes, when a potential customer sees the line, but never joins the line because they think it looks too long
    13·1 answer
  • In recent decades, many successful presidential candidates were former governors.
    5·1 answer
  • What is the yield to maturity of a bond if the bond is sold at $985.48 today, pays annual coupon of 7% and matures in 12 years?
    14·1 answer
  • Novak Corp.had the following transactions during 2022: 1. Issued $205000 of par value common stock for cash. 2. Recorded and pai
    7·1 answer
  • Consignment goods are:
    10·1 answer
  • The ____ rate is the interest rate banks charge each other for borrowing or storing money?
    15·2 answers
  • Springer Products manufactures three different product lines, Model X, Model Y, and Model Z. Considerable market demand exists f
    5·1 answer
  • A salesclerk describes the features and benefits of a smart phone.
    8·1 answer
  • Sneaky Sales Retailing advertised a bicycle for a 40 percent sale price of $449 but when customers came in for the sale, the sal
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!