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Vinvika [58]
3 years ago
11

Achieving market equilibrium typically indicates what in a market?

Business
1 answer:
loris [4]3 years ago
4 0

Answer:

Market Equilibrium is termed as the state of the market where supply of the goods becomes equal to the demand of those good, when this supply and demand comes parallel, it is said that the market has achieved the market equilibrium. One condition which needs to provided is that the external factors should remain constant. At market equilibrium, the price of the goods remain constant, therefore, people continue purchasing the products in the same quantity which in return balances the supply side further and equally,

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Does a rising GDP benefit everyone? Explain
Nastasia [14]

Answer:When a country's GDP is high it means that the country is increasing the amount of production that is taking place in the economy and the citizens have a higher income and hence are spending more. However, increase in GDP does not necessarily increase the prosperity of each and every income class of the nation.

Explanation:

3 0
3 years ago
Which of the following scenarios makes Tim liable for undue influence? a. He uses a false identity, borrows $10,000 from Kelly,
dedylja [7]

Option C , Tim takes advantage of his grandmother's illness and persuades her to sign a will leaving all her property to him.

Explanation:

A individual who demonstrates excessive control may always be someone who has a special connection with the testator who has had the ability to render the testator vulnerable who affected by terms of danger, difficulty, manipulation.

Undue interference occurs mainly in areas of probate, trust and properties, power of attorney and custody.

Indecent influence is not usually a crime in itself, but it can be a means of committing a crime, including exploitation, fraud, domestic abuse and sexual assault.

8 0
3 years ago
At the very least, Joe Average and Bill Gates are both identically limited by:
shusha [124]

Answer:

The correct answer is option 'B': The 24 hours that comprise a day

Explanation:

For comparison between 2 random variables only those values can be said to be identical that have the same values.

From the given options if we compare Joe and Bill Gates we conclude

1) The 2 person's are not identically limited by wealth as the wealth difference can be large.

2) Similarly they can have a vast difference in their knowledge.

3) Person that has larger wealth and knowledge will naturally have larger influence.

Now since the length of a day is 24 hours and this is a universal truth no matter what the circumstances we conclude that they both are limited by this parameter no matter whatever be the difference between the 2.

4 0
3 years ago
Ron is a sales representative for Staples. He works in a business-to-business environment trying to sell office supply products
grin007 [14]

Answer: C) ​Technical selling

Explanation:

Technical selling or technical sales is an act in which a sales person helps to address customer's needs by understanding what they needs which is a determinant of what product to buy.

Technical selling involves the sales personnel addressing the need of customers, explaining the type and features of the product they needs, network with them and make sure they are satisfied.

A technical sales person must have the ability for effective communication and have good interpersonal skills so as to maintain a good relationship with customers.

6 0
3 years ago
n 2015, Caterpillar Inc. had about 730 million shares outstanding. Their book value was $30.0 per share, and the market price wa
Alika [10]

Answer:

The book debt-to-value ratio is 0.57

Explanation:

The computation of the book debt-to-value ratio is shown below:

Book debt-to-value ratio = (Book value) ÷ (book value of debt)

where,

Book value is $30.0 per share

Book value of debt = Outstanding shares × book value + long term debt

= 0.730 × $30 + $30.50

= $21.90 + $30.50

= $52.40

Now put these values to the above formula  

So, the value would equal to

=  $30.00  ÷ $52.40

= 0.57

8 0
3 years ago
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