1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
DIA [1.3K]
3 years ago
8

The supply of seats for a psychology class at 10 a.m. is the same as the supply of seats for the same class at 2pm LO5 MO1 There

is a surplus of seats for the class at 2 p.m. and there is a shortage of seats in the 10 a.m. class. If tuition does not vary by time of day, it follows that the demand for the 10 a.m. class is __________ the demand for the 2 p.m. class, ceteris paribus.
Business
1 answer:
alex41 [277]3 years ago
7 0

Answer:

The demand for 10 a.m. class is higher than the demand for the 2 p.m. class.

Explanation:

The supply of seats for the psychology class at 10 a.m is the same as the class at 2 a.m. But there is a surplus of seats at 2 a.m class and shortage of seats at 2 p.m class.  

Other things being constant this implies that more students are attending the 10 a.m class than the 2 p.m. class. This shows that the demand for the 10 a.m class is comparatively higher than the demand for the 2 p.m. class.  

This causes a surplus of seats at 2 p.m and shortage of seats at 10 a.m.

You might be interested in
According to the Lewis two-sector model the creation of a Modern (urban) Sector will:
Soloha48 [4]

Answer:

The answer is option B)  According to the Lewis two-sector model the creation of a Modern (urban) Sector will:

Create a flow of labor from the traditional sector into the modern sector.

Explanation:

The two sector model propounded by W. Arthur Lewis is a theory of development that identifies two sectors: the traditional and modern sector.

According to this theory, the creation of a modern sector will generate a flow of excess labor from the traditional sector to the urban sector where there is more demand for labor.

Over time, this migration will create more jobs, stimulate industrialization and a framework for sustainable development.

3 0
3 years ago
Refer to the following selected financial information from our company. Compute the company's profit margin for Year 2.
Marianna [84]

Answer:

a. 14.1%

Explanation:

Year 2

Net Profit Margin = Earnings Before Tax / Sales × 100

                             = $ 67,250 / $478,500 × 100

                             = 14.05 or 14.1 %

3 0
3 years ago
Which of the following is true about investors who buy preferred stock?
raketka [301]
I think the correct answer is A. Investors who buy preferred stock receive dividends after the common stock shareholders. Preferred stock is a stock type that gives right to the owner a fixed share of the company's profit or fixed dividend.
7 0
3 years ago
Read 2 more answers
What six factors are found in every type of economy
ira [324]

Answer:

producers, distributors, consumers, labor, resources, and capital

Explanation: hope this heps<3

6 0
2 years ago
Read 2 more answers
Valuable skills and knowledge that employees possess is called
blagie [28]
Answer:  "intellectual capital" .
_________________________________________________
8 0
3 years ago
Other questions:
  • 1. What is the amount of interest earned after two years on a $100 deposit paying 4 percent simple interest annually? $8.00 $4.0
    11·1 answer
  • _______ laws ensure that workers are paid if they are injured on the job.
    8·2 answers
  • Susan can bake 200 cookies in an hour or watch her favorite tv show. If she chooses to watch her show, her opportunity cost is
    12·1 answer
  • Newton Inc. uses a calendar year for financial reporting. The company is authorized to issue 9,053,000 shares of $10 par common
    15·1 answer
  • Mike has a linear production possibilities frontier that shows maximum production of trucks or computers of 10 million each. Deb
    6·1 answer
  • What are the three types of check endorsements used to deposit checks into a bank account? A. Blank endorsement, in-person endor
    14·1 answer
  • The goods market of an open economy is in equilibrium when domestic output or production​ is:
    5·1 answer
  • give at least 3 personal gains in your business (my gain,community gain and country gain) by considering the table below
    10·1 answer
  • The second step in the repetition strategy is to_____________the information.
    15·2 answers
  • the builders of the transcontinental railroad used legal and illegal means to cut costs and finance construction. which phrases
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!