Answer:
The answer is: E) the equilibrium price is $85; and the equilibrium quantity is 60 units
Explanation:
The equilibrium price of a demand and supply curve is the price where the quantity supplied of a product or service equals the quantity demanded of that product or service.
We start at a price of $65
<u>Price</u> <u>Quantity demanded</u> <u>Quantity supplied</u>
$65 80 units 40 units
$75 70 units 50 units
$85 60 units 60 units
Answer:
A
Explanation:
cuz if pepole buy your things you get money
hope this helps.im not 100% sure
Answer:
Balance of equity investment account = $750,000
Explanation:
Equity investment account
Goodwill $100,000
Investment $300,000
Net income $400,000
Less: Dividends <u>$50,000 </u>
Balance of equity <u> $750,000</u>
investment account
Answer:
The answer is: B) Time utility
Explanation:
Time utility refers to the business practice of making products or services available during the times that they are most convenient or desirable for customers.
For example, stores are decorated differently for Halloween than for Christmas, and the products they sell are also different.
Answer:
The correct answer is letter "D": An increase in the number of consumers in the market for tablet devices.
Explanation:
Several factors can make the quantity demanded of a product increase. Mainly, <em>when the price of that good or service decreases the quantity demanded increases</em> (demand theory). However, there are some other factors such as the increase of the same product consumers in the market, who will directly ask for the good or service.