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mart [117]
3 years ago
8

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

Business
2 answers:
ololo11 [35]3 years ago
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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Internet access to use online banking costs you $39.99 per month. A book of checks costs you $17.95 per 100. Your bank charges y
algol [13]

Answer:

$21.9275

Explanation:

The cost of online banking is $39.99

The cost of checks books is $17.95 per 100. The cost associated with 25 checks

= $17.25/100 x 25

=0.1725 x 25

=$4.3125

The cost of a stamp is 50 cents, which is $0.50

for 25 checks

=$0.50 x 25

=$12.5

The writing fee

=$0.05 x 25

=$1.25

Total cost of using checks

= $4.3125 + $12.5 +$1.25

=$18.0625

the difference between online banking and checks

= $39.99 - $18.0625

=$21.9275

6 0
3 years ago
QuestionA baseball team is deciding where to celebrate their tournament victory. They decide between two restaurants by voting,
Damm [24]

Answer:

majority rule

Explanation:

4 0
3 years ago
g Oriole Company had actual sales of $1100000 when break-even sales were $660000. What is the margin of safety ratio? 67% 40% 33
Sonbull [250]

Answer:

40%

Explanation:

Oriole company has an actual sales of $1,100,000

The break even sales is $660,000

Therefore, the margin of safety can be calculated as follows

= Actual sales-break-even sales/actual sales

= $1,100,000-$660,000/$1,100,000

= $440,000/$1,100,000

= 0.4×100

= 40%

Hence the margin of safety is 40%

3 0
3 years ago
Kirsten is experiencing a great deal of anxiety about her first Algebra II test. "I know that Mr. Dade has a reputation for bein
topjm [15]

Answer:

Stereotype threat

Explanation:

Stereotype refers to preconceived perspective about a particular people or group. Stereotype threat, coined by Claude Steele and Joshua Aronson, refers to a way a person behaves that tend to confirms the negative stereotype about a particular race, gender and others. In Kristen's case the added stress generated by her anxiety about the Algebra II test  as a result of the supposedly tough teacher coupled with the preconceived notion that girls are not good in math may lead to her actually failing the test or performing badly. If this feeling were to be removed she may not actually fail or perform poorly in the exam.

6 0
3 years ago
Private companies that own and maintain the worldwide backbone that supports the internet. ___________
leonid [27]

Answer:

The correct answer is National Service Provider.

Explanation:

The networks of Internet service providers could be considered as a super set of business networks, especially large corporations. The big difference is that a bank has to attend only to the traffic requirements between the networks of its own offices, while an ISP serves hundreds, thousands or millions of different clients, and it is important to guarantee the "tightness" of the various groups , so that they don't see each other directly, and in turn, everyone can access the Internet.

8 0
3 years ago
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