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Viefleur [7K]
3 years ago
7

Market pressures tend to move prices toward a(n) _____. price that causes shortages price that causes surpluses equilibrium pric

e
Business
2 answers:
torisob [31]3 years ago
8 0
Equilibrium would be the answer
Paha777 [63]3 years ago
7 0

Market pressures tend to move prices toward an Equilibrium price. At the point of equilibrium price both consumers and producers are satisfied, and that is the goal of the whole market business. Equilibrium price is the price where the demand for a product or a service is equal to the supply of the product or service.

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Cheap Motorcycle. Tony, a hateful, disgruntled business law professor, notices that Peter, a student who is past the age of majo
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Answer:

C) Illusory

Explanation:

More than an illusory contract (which means an unreasonable and non-enforceable contract), this is an unconscionable contract that no court would enforce.

This contract is so one sided that it damages the other party. The duties in clued in this contact are not enforceable because no person should be forced to do all those things just because the other party has more bargaining power.

Out of the 5 possible options the illusory contract is the only possible choice. Illusory contracts are also non-enforceable since only one side provides real consideration.

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THE SUBJECT IS ACTUALLY SCIENCE HOW DO WE CLASSIFY THE BIODIVERSITY OF LIVING THINGS
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3 years ago
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Upon what specific assumptions is this production possibilities curve based?
mihalych1998 [28]

Answer:

C. Full employment, fixed supplies of resources, fixed technology, and two goods

Explanation:

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In simple words, all resources which are used to produce the possible combinations are called full employment. Thus, these specific assumptions plays vital role in production possibilities curve.

So, A, B, and the D are incorrect options.

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A new study shows that onions improve cognitive and heart health. This causes the demand curve to shift to the right, so that co
Deffense [45]

The complete question with diagram is attached

Answer:

($3.00, 420 lbs) and ($2.10, 510 lbs)

Explanation:

A shift in demand occurs when the quantity of a product consumers wants changes at all price levels.

A shift to the right indicates an increase in quantity demanded at all prices, while a shift to the left indicates a reduction in quantity demanded at all prices.

In the given scenario there is a shift in demand to the right with increase in 20 lbs of onions.

So at every price level there will be an increase in quantity demanded by 20 lbs.

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At price $2.10 demand was initially 490 lbs now it will be 490 + 20 = 510 lbs

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