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
Elan Coil [88]
3 years ago
10

"In the corn market, demand often exceeds supply and supply sometimes exceeds demand." "The price of corn rises and falls in res

ponse to changes in supply and demand." In which of these two statements are the terms demand and supply being used correctly?
Business
1 answer:
alexandr402 [8]3 years ago
3 0

Answer: In the second statement

Explanation: Supply and demand are two market forces which determines the price of a commodity. In simple words, the amount of commodity that the consumers are willing to buy at a given price is called demand and the producer are willing to sell is called supply. The situation in which the two are equal is called equilibrium.

If the demand for a product is higher than its supply then its price will increase and vice versa.

Thus, from the above we can conclude that the second statement is correct.

You might be interested in
The current market value of the assets of AMN Co. is $47 million, with a standard deviation of 21 percent per year. The firm has
larisa [96]

Answer:

The answer is "1.38357"

Explanation:

Given values:

The current market value of the assets (s)= $ 47

standard deviation(\sigma) = 21%

risk-free rate (r)=3.6%

Exercise price (X) = 35

Maturity time (T)= 2 year

Formula:

\bold{d1 =\frac{\frac{s}{X}+(r+0.5 \times \sigma^2)\times T}{\sigma \times \sqrt{T}}}\\\\

by solving the given values, we get the d1 value that is "1.38357"

8 0
3 years ago
V144
stiks02 [169]

Answer:

3hr=80km/r

?=50km/R

(50*3)/80=1.88hr

6 0
3 years ago
Hickory point amusement park sells admission tickets for $50 per person for one visit. variable costs are $15 per visitor and fi
Kay [80]
First, calculate for the total operating cost of the park through the equation,

   TC = TV + TF

where TC is the total cost,
     TV is the total variable cost which is equal to the product of the variable cost per visitor and number of visitor, and
     TF is the total fixed cost. 

Substituting the known values,
    TC = ($15)(1,750,000) + $60,000,000 = $86,250,000

Then, the total revenue is the product of the cost of ticket and the number of visitors.
     TR = ($50/visitor)(1,750,000 visitors) = $87,500,000

Subtracting the two values will give us an answer of $1,250,000.

ANSWER: $1,250,000
4 0
3 years ago
Economists say that individuals make decisions at the margin. What does its menas?
leva [86]

Answer:

When Economists say that humans make decisions at the margin they mean that decisions are made on the basis of the cost and benefit of getting an additional unit of a good/ service.

Marginal benefit refers to the additional utility that we will derive from consuming one extra unit of a good or service and factors in heavily into our decision making. We usually accept a decision if the Marginal benefit is higher or equal to the Marginal cost ( cost of the additional unit) of the good/service.

If the Marginal Cost is instead higher, the decision would most probably be cancelled.

4 0
3 years ago
net income is 180 depreciation is 50 change in asset and liability accounts is 20 what i the cash provided
kiruha [24]

Answer:

Cash provided by operations is $250

Explanation:

<em>If a company has net income of 180, depreciation of 50, change in asset and liability accounts of $20, then cash provided by the operation is?</em>

<em />

Cash flows from operating activities

Net Income                                                     $180

<em>Adjustments to reconcile net loss </em>

<em>to net cash flow from operating activities</em>

Add: Depreciation                               $50

Add: Change in net current assets    <u>$20</u>     <u>$70 </u>

Cash provided by operations                       <u>$250</u>

7 0
3 years ago
Other questions:
  • Why is a relentless workaholic quickly overwhelmed?
    15·1 answer
  • If Pam clicks Rotate Right on the Drawing toolbar twice, how many degrees will her image rotate?
    7·1 answer
  • Assume the following unadjusted account balances at the end of the accounting period for Emmie Company: Accounts Receivable, $30
    15·1 answer
  • Jodi just described how Best Buy's new program required a very different way of defining work. Because the hours are no longer i
    9·1 answer
  • This problem has been solved! See the answer In September of 1998, your father purchased a Michael Jordan basketball card for $0
    5·1 answer
  • 3. The effective rate of protection is a weighted average of nominal tariffs and tariffs on imported inputs. It has been noted t
    11·1 answer
  • The Absolute Zero Co. just issued a dividend of $3.40 per share on its common stock. The company is expected to maintain a const
    5·1 answer
  • Suppose a recent and widely circulated medical article reports new benefits of exercise. Simultaneously, the price of the parts
    9·1 answer
  • Grady works at a fast food restaurant. One day he noticed a co-worker giving free food to a friend. He was unsure about what to
    7·1 answer
  • When you don't take time to plan how you will spend what you earn each month, you
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!