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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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Owen Company's unadjusted book balance at June 30 is $9,120. The company's bank statement reveals bank service charges of $50. T
Gala2k [10]

Answer:

$10,070

Explanation:

The true cash balance is the balance having considered the effect of the transactions that have happened but are yet to be captured in the books.

Reviewing the transactions,

  • bank service charges of $50 - This will be deducted from the book balance
  • Two credit memos are included in the bank statement: one for $940, which represents a collection that the bank made for Owen, and one for $60, which represents the amount of interest that Owen had earned on its interest-bearing account in June - Both will be added to the book balance

Hence the true cash balance

= $9,120 - $50 + $940 + $60

= $10,070

3 0
3 years ago
If the inverse demand function for a monopoly's product is p = 100 2q, then the firm's marginal revenue function is a. 200 - 4q.
liq [111]

If the inverse demand function for a monopoly's product is p = 100 2q, then the firm's marginal revenue function is  200 - 2q. Price becomes a function of quantity demanded in the case of an inverse demand curve. The inverse of a demand curve, this indicates that variations in the amount required cause changes in price levels.

The formula for calculating the demand curve for a product yields the graph of an inverse demand curve. The quantity demanded is a function of price on the demand curve. This aligns the horizontal axis with pricing, with quantity demanded on the vertical axis.

To learn more about demand curve, click here.

brainly.com/question/13131242

#SPJ4

7 0
2 years ago
Company is in the second year of operations. They have total assets of $200,000 at the end of the first year. During the first y
d1i1m1o1n [39]

Answer:

The amount of net income is $45,000

Explanation:

The computation of the net income is shown below:

= Total assets - Liabilities - stockholder equity

= $200,000 - $75,000 - $80,000

= $45,0000

By using the accounting equation, the total assets equal to the total liabilities and stockholder equity

In mathematically,

Total assets = Total liabilities + stockholder equity

But in the given question, the amounts are not equal to each other, so the difference should be termed as net income

5 0
3 years ago
Which of these would most likely cause an increase in the price of an item?
EastWind [94]
One of the main cause is an expansion in the cost of raw materials for a certain product. The law of expanding costs is a rule that expresses that once all components of creation are at most extreme yield and proficiency, delivering more will cost more than normal. As generation builds, the open door cost does also.
3 0
3 years ago
Jill and Kane, with their attorneys, meet to try to resolve a dispute. A neutral third party works with both sides and proposes
Roman55 [17]

Answer:

Option d: Mediation

Explanation:

Alternative dispute resolution (ADR)

This is simply known as other processes of managing or resolving conflicts than the use of traditional Court processes or litigation. There are three methods of ADR. it includes:

1. Negotiation

2. Mediation

3. Arbitration

Mediation

This is simply known as a type  of an ADR where a neutral third party helps to quickens the communication process between the conflicting parties so that they can work out their own mutually acceptable agreement.

Mediators

This are people who are part of the mediation. They are regarded as an unbiased facilitators of communication usually between the parties in a private setting.They do not decision-making power with respect to the outcome of the mediation. A neutral person in this case is regarded as an individual who is not in support of either party in the conflict and they are often called the mediator.

8 0
2 years ago
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