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3 years ago

When supply and demand meet at the equilibrium point, then prices in the market will?

2 answers:

6 0

Supply is the total quantity of a specific good and service that are available to the consumers in the market while demand is the amount or quantity of goods and services that consumers are able and willing to buy in the market. Equilibrium point is the point at which the demand curve meets the supply curve such that the quantity demanded is equal to the quantity supplied. Therefore, at this point prices in the market will be at equilibrium (equilibrium price) which are not too high or too low.

Verizon [17]3 years ago

6 0

Answer:

The price in the market will be EQUILIBRIUM.

Explanation:

Market equilibrium is a condition in the market where demand of goods in the market is equal to supply of goods. The prices in the market will be equilibrium.

Equilibrium price is the price in the market where the quantity of goods supplied is equal to the quantity of goods that it is been demanded.

It is the point where the demand curve intersect with the supply curve in the market.

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Harrods PLC has a market value of £136 million and 4 million shares outstanding. Selfridge Department Store has a market value o

Lisa [10]

Answer:

the stock price after the acquisition is $37.30

Explanation:

The computation of the stock price after the acquisition is given below:

= Worth of combined synergy ÷ (outstanding shares = harrods shares)

= £194 million ÷ (4 million + 1.2 million)

= £194 million ÷ 5.2 million shares

= $37.30 per share

hence, the stock price after the acquisition is $37.30

We simply applied the above formula so that the correct answer could come

5 0

3 years ago

An ecosystem generally requires solar energy, nutrients, decomposers, consumers and?

spin [16.1K]

An ecosystem generally requires solar energy, nutrients, decomposers, consumers and producers.

An ecosystem is a community or group of living organisms that live in together and interact with each other in a specific environment. Ecosystems are considered as the foundation of Biosphere which maintains the natural balance of the earth.

An ecosystem requires nutrients, decomposers, consumers and producers. For instance, let's take the relationship between deer and lion in the ecosystem. So, for its survival, the lion eats the deer. Thus, each relationship like this has an effect on other creatures and plants living in the same environment.

Hence, the structure of an ecosystem is related to its species diversity.

To learn more about ecosystem here:

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4 0

1 year ago

Pine Street Inc. makes unfinished bookcases that it sells for $58.10. Production costs are $37.49 variable and $10.50 fixed. Bec

love history [14]

Answer:

Pine Street should sell finished bookcases because they have a higher contribution margin.

Explanation:

We compare the contribution margin of the two categories to find out whether Pine Street should sell unfinished or finished bookcases.

Pine Street Inc.

Unfinished bookcases

Contribution Margin

Sales Price $58.10

Less Production costs

Variable Costs $37.49

Fixed Costs $10.50 (47.99)

Contribution Margin $ 10.11

Pine Street should sell finished bookcases because they have a higher contribution margin. It is almost double of the unfinished book cases contribution margin.

Pine Street Inc.

Finished bookcases

CONTRIBUTION MARGIN

Sales Price $74.91

Less Production costs

Variable Costs $37.49 + $5.79 = $ 43.28

Fixed Costs $10.50 $ (53.78)

Contribution Margin $ 21.13

4 0

3 years ago

A company wants to determine if the average shearing strength of all rivets manufactured is more than 1000 lbs. A sample of 25 r

ser-zykov [4K]

Answer:

B- The average shearing strength of all rivets manufactured must be between 1001.4 and 1006.2.

Explanation:

The company manufactures rivets and it want to analyze the strength of the rivets manufactured. For this purpose the company has carried out hypothesis testing in which the confidence interval resulted to be 1001.4, 1006.2, this indicates that the average strength of each rivet must be between the two values.

4 0

3 years ago

Gardner Company expects sales for October of $249,000. Experience suggests that 45% of sales are for cash and 55% are on credit.

yarga [219]

Answer:

$68,475

Explanation:

Data provided

Sales in October = $249,000

Credit percentage = 55%

Following month percentage = 50%

The calculation of accounts receivable is shown below:-

Credit sales in October = $249,000 × 55%

= $136,950

Collection collected in October

= $136,950 × 50%

= $68,475

Therefore, for computing the collection collected in October we simply multiply the credit sales in October with following month percentage.

6 0

3 years ago