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
inn [45]
3 years ago
8

Suppose cell phone producers are charging $150 for the latest cell phone. But the equilibrium price for the cell phone is $100.

In a market without price controls, market pressures will move the price _____ the demand curve until it reaches the _____ price. up, surplus down, equilibrium down, shortage
Business
2 answers:
Deffense [45]3 years ago
4 0
Down and equilbrium are your two answers. 
Lorico [155]3 years ago
3 0

Answer:

Yours answers are Down and equilbrium.

Explanation:

You might be interested in
Silky Inc., which sells custom silk ties designed by famous people, faces a demand curve of Q = 150 – 0.2P, where Q is measured
CaHeK987 [17]

Answer:

The production level that maximizes Silky's profit is 5000 ties.

Explanation:

Hi

First of all, as we have Q(P)=150-0.2P, we need to transcript it as price in function of the quantity so

P(Q)=\frac{150-Q}{0.2}=750-5Q

Then we need to find income function that is I(Q)=Q*P(Q)=750Q-5Q^{2}.  After derivate it I'(Q)=750-10Q.

The optimum level is when we have MC=I'(Q), therefore,

5Q=750-10Q, as we clear it for Q we find that

Q=\frac{750}{15}=50, finally as we have that Q is measured in hundreds of ties, the production level that maximizes Silky's profit is 5000 ties.

4 0
3 years ago
How you can get a job if you have no experience? Help me please​
tresset_1 [31]

Answer:

Subway hires inexperienced people just apply online and you should be called within a few days to start training immediately

8 0
3 years ago
Read 2 more answers
Labor Recruiters, Inc., has been ordered to appear at a hearing before an administrative law judge of the National Labor Relatio
Vinil7 [7]

Answer:

A significant difference between a trial and an administrative hearing is thtat a hearsay con be introduced as evidence, in an administrative hearing.

8 0
3 years ago
Sheridan considers herself a religious person who attends worship services regularly, but she did not attend worship services fo
shusha [124]

The answer is: averaged over time, Sheridan attends worship services regularly.

When we use principle of aggregation, we would not rely on single measurement to make a representation of a person's behavior. We rely more on multiple sets of measurements.

From the case above, Sheridan not attending the services for two weeks could be explained by things such as personal issues or physical illness. Since she considers herself as religious who attend regularly, it is very likely that averaged over time, Sheridan attends worship services regularly.

8 0
3 years ago
Read 2 more answers
In recent years, foreign firms were reluctant to merge with or acquire American corporations.a. Trueb. False
dangina [55]

Answer:

b. False

Explanation:

Merging or acquiring American corporations by foreign firms helps them consolidating businesses or assets with a view to increasing productivity, maintaining a competitive edge, growing market share, or controlling supply and distribution networks. It gives them a reputation at the international stage as the United States has a dominant capitalist stand and merging with it ensures a promising future in the business market.

8 0
3 years ago
Other questions:
  • Suppose a local bank increases the fees they charge for their bank accounts by 5 percent. in​ response, the demand for their ban
    14·1 answer
  • Fidelity Stereo Company has provided the following information regarding its activity-based costing system:Purchasing department
    14·1 answer
  • Assume that a company currently depreciates its fixed assets over 7 years. Which of the following would occur if a tax law chang
    5·1 answer
  • Serena, a bank manager at the United Front Bank, heads the business loan department. She wants to communicate to all of the bank
    9·1 answer
  • A bond with face value $1,000 has a current yield of 6% and a coupon rate of 8%. a. If interest is paid annually, what is the bo
    5·1 answer
  • New Business Ventures, Inc., has an outstanding perpetual bond with a coupon rate of 11 percent that can be called in one year.
    14·1 answer
  • Our Lady of the Lake Hospital has assembled a group of employees to engage in planning activities. If the group comprises top ex
    8·1 answer
  • Beverage International reports net credit sales for the year of $252,000. The company's accounts receivable balance at the begin
    5·1 answer
  • Help plsssssssssss drag the names next to the correct statements
    13·1 answer
  • What kind of business can you start without start up capital?​
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!