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Kamila [148]
3 years ago
8

When there is a shortage in a market, price will tend to ; and when there is a surplus in a market, price will tend to . Equilib

rium exists in a market when the maximum buying price is the minimum selling price.

Business
1 answer:
nirvana33 [79]3 years ago
5 0

Answer:

Rise

Fall

True

Explanation:

When there's a shortage in the market, Demand exceeds supply, this would lead to a rise in price.

When there's a surplus, supply exceeds demand and prices would fall.

At equilibrium, the quantity demanded equals the quantity supplied .

At equilibrium, consumers would be willing to buy at that price or price lower than equilibrium price. While, sellers would be willing to sell at that price or prices higher than equilibrium price.

I hope my answer helps you

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Answer: Please see explanation for answer

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Purchase of land and build ===--Cash payment in investing section

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or using the code, we have

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b) Decrease in accounts receivable - A

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d) Depreciation expense - A

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f) Sale of land at a gain. - R-I and D

g) Payment of dividends - P-F

h) Increase in accounts receivable - D

i) Purchase of available-for-sale investment - P-I

j) Increase in accounts payable - A

k) Decrease in accounts payable - D

l) Loan from bank by signing note - R-F

m) Purchase of equipment using a note - N

n) Increase in inventory - D

o) Issuance of bonds. - R-F

p) Retirement of bonds payable - P-F

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