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pshichka [43]
3 years ago
8

The "market clearing price" is most closely associated with

Business
2 answers:
zalisa [80]3 years ago
5 0
The correct answer that would best fit the given statement above would be MARKET EQUILIBRIUM. The "Market clearing price" is most closely associated with Market equilibrium or equilibrium price. Market-clearing happens <span>when the demand curve and supply curve intersect. Hope this answer helps.</span>
mel-nik [20]3 years ago
4 0

The market clearing price is the price that balances the amount buyers want to buy with the amount sellers want to sell. This price balances the amounts demanded and supplied. The "market clearing price" is most closely associated with market equilibrium, because it exists when a market is clear of shortage and surplus, or is in equilibrium, when the demand curve and supply curve intersect.

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The correct option is C,dogs

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A company buys a color printer that will cost $1,500 to buy, and last 5 years. It is assumed that it will require servicing cost
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3 years ago
Tubby Toys estimates that its new line of rubber ducks will generate sales of $7 million, operating costs of $4 million, and a d
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g The transactions of Spade Company appear below. Kacy Spade, owner, invested $100,750 cash in the company in exchange for commo
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Answer:

1)

Dr Cash 100,750

    Cr Common stock 100,750

Dr Office supplies 1,250

    Cr Cash 1,250

Dr Equipment 10,050

    Cr Accounts payable 10,050

Dr Cash 15,500

    Cr Fees earned 15,500

Dr Accounts payable 10,050

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Dr Accounts receivable 2,700

    Cr Fees earned 2,700

Dr Rent expense 1,225

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Dr Cash 1,125

    Cr Accounts receivable 1,125

Dr Dividends 10,000

    Cr Cash 10,000

2)

         <u>Cash</u>                                             <u>Accounts receivables</u>

Debit           Credit                                 Debit           Credit    

100,750       1,250                                  <u>2,700          1,125  </u>

15,500         10,050                                1,575

1,125             1,225

<u>                     10,000</u>

94,850

 <u>Office Supplies</u>                                       <u>Equipment</u>

Debit           Credit                                 Debit           Credit    

<u>1,250                      </u>                                 <u>10,050                    </u>

1,250                                                       10,050

<u>Accounts payable</u>                                   <u>Common Stock</u>

Debit           Credit                                 Debit           Credit    

<u>10,050        10,050 </u>                                <u>                    100,750 </u>

0                  0                                                              100,750

   <u>Fees earned</u>                                      Rent Expense

Debit           Credit                                 Debit           Credit    

                   15,500                                <u>1,225                      </u>

<u>                    </u><u>2,700</u><u> </u>                                 1,225

                   18,200

<u />

<u />

     <u>Dividends</u>

Debit           Credit

<u>10,000                   </u>

10,000

4 0
3 years ago
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