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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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Affan Chawdry has monthly net income of $1,050. He has a house payment of $450 per month, a car loan with payments of $375 per m

Stolb23 [73]

Answer:

92.86%

Explanation:

Debt-to-income ratio is a comparison or personal debts against income. It is used to assess an individual ability to accommodate more debts.

The formula for for calculating Debt to income is

Debt to income is <u> Total of Monthly Debt Payments </u>

Gross Monthly Income

For Affan, Total debts are $450 + $375 + $50+ $100 =$ 975

Gross income is not given , we use net income which is $1,050

Debt to income ration = $975/$1050

= 0.92857 x 100

= 92.86%

8 0

3 years ago

What would happen to the equilibrium price and quantity of lattés if coffee shops began using a machine that reduced the amount

UkoKoshka [18]

Answer:

.d. The equilibrium quantity would increase, and the effect on equilibrium price would be ambiguous.

Explanation:

The use of the machine would increase the supply of lattes and price falls. The supply curve would shift to the right. If scientists discover that coffees reduce heart attack, the demand for coffee would increase and price would increase. The demand curve would shift to the right.

The combined effect would be a rise in equilibrium quantity and an indeterminate effect on equilibrium price.

I hope my answer helps you

7 0

3 years ago

A partnership intentionally created and recognized, orally or in writing is known as a(n) _____ partnership.

quester [9]

A partnership intentionally created and recognized, orally or in writing is known as a express partnership.
hope this helps!

8 0

2 years ago

Roosevelt launched the second new deal because of the failure of his initial policies to pull the country out of the depression

Hitman42 [59]

The second deal focused on social welfare to ease the problem brought by the great depression. The goals were: social securities for retirement, employment for those who are unemployed; health services, housing for illegal settlers and improvement on national resources.

7 0

2 years ago

Using the following routing information and a From-To Chart, determine the total flow efficiency of the parts assuming an alphab

frosja888 [35]

Answer:

hello your question is incomplete attached below is the complete question

answer: 28.12%

Explanation:

The first table is the allotting of relative weighted value in from to chart and also finding the Total.

The second table is found by multiplying 1-times cell distance in the upper 2-times with cell distance in lower triangular values.

Hence Flow efficiency = (Total / penalty ) * 100

= ( 36 / 128 ) * 100 = 28.12%

7 0

2 years ago