Answer:
a. excess supply
Multiple choices
a. excess supply
b. stable prices
c. exact equilibrium
d. increased production
Explanation:
When the quantity supplied exceeds market demand at a particular price, there will be excess supply in the market. Excess supply means that customers will not buy all products availed in the market. In excess supply, losses are likely there no sufficient buyers for the products availed in the market.
Excess supply contrast with a market shortage. A shortage is when the quantity supplied is less than the quantity demanded.
Answer:
Explanation:
(SP-VC)*Q
$(8-6)Q = $5500
Q=5500/2
Break even quantity = 2750 units per month
2. Sales = $8 x 2750 = $ 22,000
In pursing its own interest, an oligopoly firm will decide to increase production by 1 unit as long as the output effect is larger than the price effect. An oligopoly happens when there is limited competition because there are only a small number of producers or sellers in the market. Due to limited competition there is no need for most of these businesses to produce more unless the output is going to produce more and become sustainable for their consumers demand.
Answer:
T-note described in this problem is selling at a price of $876,205.93
Explanation:
The price of the bond can be computed using pv formula in excel as stated thus:
=-pv(rate,nper,pmt,fv)
rate is the semiannual yield which is the annual yield of 7.70% divided by 2
nper is the number of coupons payable by the bond over its three years' tenure given that coupon is paid twice a year i.e 3*2=6
pmt is the semiannual coupon payment=$1,000,000*3%*6/12=$15000
fv is the face value of $1,000,000
=-pv(7.70%/2,6,15000,1000000)=$876,205.93
False most countries have embassies