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GarryVolchara [31]
3 years ago
10

Consider the market for portable air conditioners in equilibrium. A summer of unseasonably cool weather would cause:

Business
2 answers:
RSB [31]3 years ago
4 0
C.

First consider the effects on demand and supply. What will occr is that demand will decrease and the curve will shift to the left. As a result, if you draw the diagram out, equilibrium price and quantity will decrease.
Thepotemich [5.8K]3 years ago
3 0

Answer:

The correct answer is A. equilibrium price to increase and equilibrium quantity to decrease.

Explanation:

DETERMINANTS OF THE OFFER:

  1. The price of the good: increasing the price of the good will increase the quantity offered and vice versa.
  2. Price of resources and inputs used in the production of the good: As the price of the inputs of a good increases, its supply will decrease and vice versa. When talking about the price of resources and inputs, it refers to the price of labor (wages), price of raw materials, energy prices, interest rates, etc.
  3. Production technology: by improving technology in production, the supply of a good will increase.
  4. Expected future prices: If the price of the produced good is expected to increase in the short term, the offer will increase, and vice versa.
  5. Number of bidders: With a larger number of bidders the offer of a good will increase and vice versa.
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A buyer purchased a new residence for $175,000. The buyer made a down payment of $15,000 and obtained a $160,000 mortgage loan.
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Buydown, is the right answer.

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This is a buydown mortgage arrangement because in the buydown financing technique the buyer tries to take lower interest rates in the initial year of the loan period. Moreover, some mortgage lenders provide buydown discounts or points as part of their promotion. Secondly, the builder pays the initial payment to the mortgage institution that results in the lower buyer’s payment.

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Which of the following is one result of international trade?
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The answer is <u>"D. Trade creates new markets".</u>


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International trade enables us to grow our business sectors for the two merchandise and enterprises that generally might not have been accessible to us. It is the motivation behind why you can pick between a Japanese, German or American vehicle. Because of universal exchange, the market contains more noteworthy challenge and in this way progressively aggressive costs, which conveys a less expensive item home to the buyer.

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