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3 years ago

Is this correct? Thank you!

Business

2 answers:

Nastasia [14]3 years ago

7 0

Answer:

yes it is correct

Equilibrium can only occur at one price .

olganol [36]3 years ago

4 0

Answer:

2 prices

Explanation:

There are two things you are looking at when finding the Equilibrium:

1) Supply & Quantity: Everything has a finite number, and there is a limit to the amount that can be produced and selled at a given time.

2) Demand: This is in terms of the amount of potential customers. Most products are sold to a certain group, which can vary in size.

The first price that can affect the Equilibrium is the cost of the item. If the item is high quality/cost more, it would generally cost more as a product, for the producer is trying to turn a profit. The next price to look at is the selling price. The price must be high enough to turn a profit, yet low enough for there too be a large customer base. Of course, this does not apply to all items, as there are some that are created for only a certain group of people.

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If a cost's step-cost behavior follows very narrow steps, the costs may be approximated using:

Alex777 [14]

Answer:

The correct answer is (C) straight variable cost assumptions.

Explanation:

If the total cost increases with small increases in activity, it may be referred to as a step-variable cost.

6 0

3 years ago

Bridges, shopping centers, and other jobs that take months or years to complete and involve the work of many are called ______.

s344n2d4d5 [400]

Bridges, shopping centers, and other jobs that take months or years to complete and involve the work of many are called Project

What is project?

A project is any endeavour that is carefully planned to accomplish a specific goal, whether it is done alone or with others. It may also involve research or design.

An alternate perspective describes a project as a series of connected tasks that must be completed within specific time, budget, and other constraints.

To learn more about Project

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2 years ago

How do you start an organization?

Zielflug [23.3K]

For a Profit Organization:

1. Select the best business structure which favors you in taxes and protect. Such as corporation, limited liability company, sole proprietorship, general partnership, limited partnerships or a professional incorporation.

2. Decide the name you want to use to advertise your business.

3. Register company name with the state, county and the federal if applicable.

4. Check licensing requirements with the city county, city, state and federal.

5. Open a bank account

6. Advertising and Marketing

For a Non Profit Organization:

1. There are two types of non profit organizations religious and good cause.

2. It has to be registered wither with the state or county, depending upon the structure and the state you want to incorporate.

3. Apply with the federal to obtain a tax exempt status, so that your donors can claim donations on their tax returns.

4. Open a bank account

5. Delegate duties what you have mentioned in the article you submitted to the Internal Revenue Service.

8 0

3 years ago

Q 5.34: A wholesaler offers credit terms 1/10, n/30. A fabric store bought goods worth $6,500 from the wholesaler. Within the di

AnnyKZ [126]

Answer:

the wholesaler received $6,138 as payment.

Explanation:

The seller would receive the the amount owing to customer less the return credit and cash discount of 1 %.

The calculation of this amount is as follows :

Account Receivable $6,500

Less Return Credit ($300)

$6,200

Less Cash discount ($6,200 × 1%) ($62)

Payment $6,138

Conclusion :

the wholesaler received $6,138 as payment.

6 0

3 years ago

The College Board reported the following mean scores for the three parts of the Scholastic Aptitude Test (SAT) (The World Almana

storchak [24]

Answer:

a) $P(492$

And we can use excel or the normal standard table to find this probability:

$P(-0.949 < Z< 0.949)= P(Z$

b) $P(505$

And we can use excel or the normal standard table to find this probability:

$P(-0.949 < Z< 1.898)= P(Z$

c) $P(484$

And we can use excel or the normal standard table to find this probability:

$P(-1 < Z< 1)= P(Z$

Explanation:

Previous concepts

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".

The Z-score is "a numerical measurement used in statistics of a value's relationship to the mean (average) of a group of values, measured in terms of standard deviations from the mean".

Part a

Let X the random variable that represent the scores for critical reading of a population, and for this case we know the distribution for X is given by:

$X \sim N(502,100)$