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madreJ [45]
3 years ago
14

Explain why and how a reasonably competitive market is always moving toward equilibrium.

Business
1 answer:
Aleksandr-060686 [28]3 years ago
5 0
Shortages below equilibrium will drive up price that decrease quantity demanded and increases quantity supplied moving toward equilibrium. Also because of the two conditions one is informal and the other one is free market entry. <span />
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Brown Company manufactures luggage sets. Brown sells its luggage sets to department stores. Brown expects to sel 1,700 luggage s
Svetradugi [14.3K]

Answer:

sales budget for January and February are given below

Explanation:

given data

luggage sets = 1700

sell =  $180 each

luggage sets = 2050

sell = $180

to find out

sales budget for January and February

solution

                                           Sales Budget  

                                                             January                      February  

Budgeted luggage sets to be sold 1,700                         2,050  

Sales price per unit                           180                            180  

total sales                                      306000                    369000

here sale is sold Budgeted luggage × Sales price

3 0
3 years ago
If the Chief Justice of the Supreme Court is part of the majority, he or she gets to write the _______.
joja [24]
When the court renders an opinion, the Chief Justice- when in the majority-decides who writes the courts' opinion. So the answer is C
7 0
3 years ago
Swifty Corporation reported net income of $203000 for the year. During the year, accounts receivable increased by $15000, accoun
frosja888 [35]

Answer:

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7 0
2 years ago
All the following statements describe the flexibility available to the owner of a universal life insurance policy EXCEPT: Group
miv72 [106K]

Answer:

Policy loans are permitted on an interest-free basis.

Explanation:

The universal life insurance policy refers to a policy in which there is a component of an investment saving also it involves less premium that the person has to pay a low premium amount for continuing the policy. It could benefit the beneficiary after the death of the insured person

So according to the given situation ,for option B there is no flexibility available as no policy loans could be permitted without an interest

5 0
3 years ago
Shirley was laid off by her employer. What benefit is she entitled to receive?
belka [17]

She would receive unemployment

7 0
3 years ago
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