Answer:
The correct word for the blank space is: lower; buyers to offer higher prices.
Explanation:
In a market driven by supply and demand laws, shortages are caused because of excess in demand as a result of lower prices. Thus, that price is lower than the equilibrium price. Besides, if there is a need to push that price to its equilibrium level, sellers will have to increase the price implying buyers will have to offer higher prices.
Answer:
the Management section is completely controlled by only one person who is also a shareholder.
Explanation:
Based on the information provided within the question this will significantly increase when the Management section is completely controlled by only one person who is also a shareholder. In any situation where one person hold's all the power, corruption (fraudulent financial reporting) increases since the individual is able to blend in and not raise suspicion since they are the only one that is completing a certain task.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
The potential producer surplus rises as the equilibrium price rises. Producer surplus decreases when the equilibrium price falls. The producer surplus is intimately correlated with changes in the demand curve.
<h3>How do producer surplus and consumer surplus relate to one another?</h3>
- The difference between what a consumer is willing to pay and what they actually spent for a product is referred to as the consumer surplus. The difference between the market price and the lowest price a producer will accept to create a good is known as the producer surplus.
- The difference between what a consumer is willing to pay and what they actually spent for a product is referred to as the consumer surplus. The gap between the market price and the lowest price a producer is willing to accept is known as the producer surplus.
To learn more about producer surplus refer to:
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The time when a pie chart would be an effective visualization is when trying to work out the composition of something.
<h3>What is a Pie Chart?</h3>
This refers to the visual representation that is used to show and interpret data for a group of people to show their preferences in a circular, pie form.
Hence, we can see that using a pie chart to make an effective visualization is good and it is appropriate to use when a person is trying to work out the composition of something.
Read more about pie charts here:
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