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Ad libitum [116K]
3 years ago
6

When quantity demanded is greater than quantity supplied, the resulting shortage causes the price to fall?

Business
1 answer:
anygoal [31]3 years ago
5 0
No, the price will rise because more people are competing for the products
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Alexis want to buy a house in 5 years. She wants to save $75,000 over the next five years for a down payment. If she can earn an
kotegsom [21]

Answer:

the monthly payment is $994.38

Explanation:

For computing the deposit amount made in equal payment for the next five years we need to apply the PMT formula i.e. to be shown in the attachment below:

Given that,  

Present value = $0

Future value or Face value = $75,000

RATE = 9% ÷ 12 = 0.75%

NPER = 5 years × 12 = 60 years

The formula is shown below:  

= PMT(RATE;NPER;PV;-FV;type)  

The future value come in negative  

So, after applying the above formula, the monthly payment is $994.38

5 0
3 years ago
On January​ 1, Five Star Services has the following​ balances: Accounts Receivable $ 26 comma 000 ​(debit) Bad Debts Expense $ 0
PIT_PIT [208]

Answer:

$53,000

Explanation:

Data given in the question

Beginning Accounts Receivable = $26,000

Credit Sales = $130,000

Collections of credit sales  = $87,000

Write-offs = $16,000

So

As we know that

Ending Accounts Receivable = Beginning Accounts Receivable + Credit Sales - Collections of credit sales - Write-offs

= $26,000 + $130,000 - $87,000 - $16,000

= $53,000

5 0
3 years ago
Hebron organizes theatrical performances in his neighborhood every weekend and also holds training classes for those who are int
Basile [38]

Answer: Mental stimulus processing

Explanation:

The mental stimulus processing is one of the type of intangible action which is typically control by the different types of minds of people and the these action are manage on the basis of the given assets and the customer requirement.

According to the given question, Herbon is organizing the theatrical performance in the society and also managing the training class of the theater and arts performance.

 The Hebron is basically offering the various types of services on the basis of the category of mental stimulus processing such as consulting. Therefore, Mental stimulus processing is the correct answer.

4 0
3 years ago
A marketing manager had a goal to improve market share for his paper plates by 2 percent in the coming year, and he felt he’d ne
rodikova [14]

Answer:

OBJECTIVE AND TASK BUDGETING.

Explanation:

Objective and task budgeting is an effective budgeting strategy which considers the firm’s overall promotional objectives. The budgeting is then done according to the requirements for meeting these goals.

By running television ads and a social media campaign, the marketing manager has created a means to meet his objective or goal which is to improve market share for his paper plates by 2 percent in the coming year. He then proceeds to price how much the advertising would cost him and then sets the budget. This budgeting is done by OBJECTIVE AND TASK BUDGETING. This allows the marketing manager to allocate a certain amount of money to its marketing budget based on his objectives, rather than choosing an arbitrary amount.

3 0
3 years ago
Give three reasons why obtaining certification makes an individual a more competent and valuable employee.
KIM [24]
1. Leads to happier employees — who stick around longer. Assisting your team in obtaining industry designations shows them you share in their desire to be the best they can be.

2. Encourages greater peace of mind.

3. Gives your clients greater confidence in your business.
4 0
3 years ago
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