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Elan Coil [88]
4 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]4 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.

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uppose you bought a 20-year, $1,000 face-value bond for par 5 years ago. The annual coupon rate on this bond is 8.5% and interes
mojhsa [17]

Answer:

Explanation:

Face Value=1000

Remaining term=15years

coupon rate=8.5% =YTM

purchased 5 years ago

Purchase price=1000

Current required rate of return=8.5%+1.5%=10%

Current price of bond = Coupon amount*PVIFA(RR,N)+Maturity value*PVIF(RR;N)=1000*8.5%*PVIFA(10%;15)+1000*PVIF(10%;15)=85*7.6061+1000*0.2394=885.9185

Decrease in the bond=1000-885.9185=114.0815

8 0
4 years ago
Which of the following describes a situation in which there would be decreasing marginal utility?
Ray Of Light [21]
Marginal utility<span> is the additional satisfaction a consumer gains from consuming one more unit of a good or service.

so the decreasing in satisfaction from getting goods is (I think) B</span>
4 0
4 years ago
Read 2 more answers
Bonita Industries received $108000 in cash and a used computer with a fair value of $384000 from Carla Vista Co. for Bonita Indu
Svetradugi [14.3K]

Answer:

$30,300 and $384,000

Explanation:

The computation of the gain and the amount should acquired is shown below;

The gain is

= Fair value - undepreciable cost

= $492,000 - $461,700

= $30,300

And, the amount at which the computed should be recorded is equivalent to the fair value i..e $384,000

The same is considered and relevant

6 0
3 years ago
Compare and contrast the potential for a perfectly competitive firm and a monopolistically competitive firm to earn positive eco
Kazeer [188]

Explanation:

There are no deficits or surpluses in terms of output, no obstacles to the entry or exit of businesses on the market, and the number of customers is so high that it is only the economic demand that decides the value of the products in the market. Thus, the reality is that the market is completely open. All producers earn normal profit and both manufacturers and consumers accept the commodity price.

In comparison, a monopoly market competition can be defined as a business environment where one entity or group of companies dominates the supply market and thus controls output factors. In this case, the monopolist decides the price of the goods on the market, as the competition is always strong. Free entry or departure from companies is not allowed in a monopolistic competitive market.

The short-term and long-term production or profitability are the same in the case of a fully competitive market. Since the production factors are often under control and fully meet the demand and supply of the market. In the shorter term and that in the long run, a perfect competition business will see stable and strong economic growth. In the case of a business or corporation which is fully competitive, there is no distinction between the competitors ' profit margins and all companies have the same rate of profit.

3 0
3 years ago
Net exports are negative when: A) a nation's imports exceed its exports. B) the economy's stock of capital goods is declining. C
puteri [66]
I think it’s d chose d and let me know!!
8 0
3 years ago
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