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3 years ago

In microeconomics, what occurs when equilibrium is reached

2 answers:

6 0

<u>In microeconomics, when equilibrium is reached, the prices are set. With the help of price studies, the demand and supply of a particular good also reached equilibrium. </u>

Further Explanation:

Microeconomics:

Microeconomics is the type of economics in which only one good is taking into consideration while studying. In this economics, the market studies only of particular one good. In macroeconomics, all the goods available in the market are taking into consideration. The price, demand, and supply of particular goods can be determined with the help of microeconomics.

Equilibrium:

Equilibrium means the demand and supply of particular goods equal at which the price of particular goods determined. Means the prices are set for particular goods. With the help of prices, we can measure the actual production in the economy and compute the gross domestic product of the economy. With the help of GDP, we can measure the actual growth in the,

In microeconomics, when the demand and supply of particular goods are equal, then the price is determined. Equilibrium demand helps us to know about in the case of price changes, by how much amount is changed. Equilibrium supply helps us to know about in the case of price changes, by how much amount of supply is,It helps in the prediction of future changes in the market.

Learn more:

1. Learn more about demand and supply

<u>brainly.com/question/11220857 </u>

2. Learn more about economies of scale

<u>brainly.com/question/4127663 </u>

3. Learn more about economic elasticity

<u>brainly.com/question/2396092 </u>

Answer details:

Grade: Middle School

Subject: Economics

Chapter: Microeconomics

Keywords: microeconomics, equilibrium, reached, the price, set, demand, and supply of particular goods, equal, gross domestic product.

Anna35 [415]3 years ago

3 0

Prices are set. ☺️☺️☺️☺️

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Answer:

Lexington Company

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$5,860

Explanation:

a) Data and Calculations:

Cash from issue of common stock = $3,200

Cash from bank loan = 2,300

Cash from revenue = 3,200

Cash for expenses = (2,420)

Cash for dividends paid = (420)

Total assets = $5,860

b) We can verify the total assets above by computing the liabilities and equity, which should be equal to the total assets according to the accounting equation. The liabilities = $2,300 (bank loan). The equity = common stock plus retained earnings ($3,200 + $3,200 - $2,420 - $420), which = $3,560. The total of liabilities and equity = $5,860 ($2,300 + $3,560). Therefore, assets = liabilities + equity ($5,860 = ($2,300 + $3,560).

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3 years ago

Market segment profiles are used to describe _____________ members of a market segment, and to explain ______________members in

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Market segment profiles are used to describe the similarities among potential members of a market segment, and explain the differences among members in different market segments.

<h3>What is Market segment profiles?</h3>

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There are four primary categories of market segmentation-

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2 years ago

You are the manager at a large call center that markets insurance products. Part of your duties is handling internal complaints

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Answer and Explanation:

Being a manager managing internal and external problems, it will be part of my responsibility to faithfully handle of complaint that is in accordance with the policies and laws of the land of the company. The situations given would be dealt with as follows

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(2) The condition that needs to be explained by the salesperson who sold the policy in the event of a customer problem. In case he is convicted he must be warned of potential incidents. In accordance with company policy, the buyer may have the option to continue with the policy, cancellation, rewards and other low-cost insurance options may be offered.

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Answer:

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Explanation:

<em>A perpetual bond is that which pays a fixed amount of interest income for the foreseeable future. It issuer does not always have an obligation for redemption under the terms of loan contract.</em>

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PV = A/r

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