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Aleks [24]
4 years ago
7

When supply and demand meet at the equilibrium point, prices in the market will:____________.

Business
1 answer:
wolverine [178]4 years ago
5 0
Prices in the market would Lower the price
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According to your Markel text, which of the following statements is true?a. Memos are commonly written to people outside your ow
mezya [45]

Answer: The correct answer is

b. Memos are commonly written to people within your own organization.

Explanation: Memos are written form of communication in a formal setting. They are written to people within the same organisation.

Memos contain a 'from' and 'to' headings as well as a subject. This helps give the receiver a clear picture of the purpose of the communication as often times the reader skims through the memo to get a clue of the content.

3 0
4 years ago
Suppose that over the past year, the real interest rate was 6 percent and the inflation rate was -2 percent. It follows that a.
ANEK [815]

Answer:

d

Explanation:

Nominal interest rate = real interest rate + inflation rate

6 - 2 = 4%

Inflation is a persistent rise in the general price levels

Types of inflation

1. demand pull inflation – this occurs when demand exceeds supply. When demand exceeds supply, prices rise

2. cost push inflation – this occurs when the cost of production increases. This leads to a reduction in supply. Higher prices are the resultant effect  

if inflation declined by 2 percent, it means purchasing power increased by 2%.

Total increase in purchasing power = 6 + 2 = 8

6 0
3 years ago
You have a credit card bill from ABC Credit for a total of $3,754. Please group the transactions within the appropriate T-Accoun
LuckyWell [14K]

Credit card bill from ABC credit have listed a number of expenses made, these needs to be posted according to the relevant accounting heads.

<h3 /><h3>What is Accounting?</h3>

Accounting is the calculation of cash, in other terms it is the study of debit and credit. The accounting teaches the treatment of different transactions, the transactions are divided in different heads, asset, expense, income, liability and capital.

T Accounts should be made as follows.

Assets

DR $1500 Computers

DR $650 Furniture

DR $334 Van Payment

Expenses

DR $420 Office Supplies

DR $250 Electric Company

DR $100 Water

DR $250 Office Supplies

Petty Expenses

DR $150 Steak House

DR $100 Fuel Stop

The expenses are distributed among the heads that they are relevant to, petty expenses only contains the payment for expenses that are immaterial in nature and amount, Asset account have the payments made for assets.

Learn more about Credit card at brainly.com/question/27123519

#SPJ1

6 0
1 year ago
If Sweet Catering had recorded transactions using the Accrual method, how much net income (loss) would they have recorded for th
tino4ka555 [31]

Answer:

Net loss -$1,390

Explanation:

The computation of the net income is given below:

Service revenue    

On cash $1,530

ON credit $1,780

Service revenue $3,310

Less: Expense    

Utilities expense  -$70

Rent expense  -$700

Salaries expenses  -$3,260  

Depreciation expense -$670

Total expenses -$4,700

Net loss -$1,390

7 0
4 years ago
Carmex's first efforts in marketing research had the research objective of figuring out who it was as a company and what the Car
Mila [183]

Answer:

The correct answer is 1. defining the problem .

Explanation:

Although every step in a market research project is important, defining the problem is the most important of all. For market research purposes, the terms problems and opportunities are handled interchangeably. The definition of the problem implies starting with the general terms of the problem, to then identify its specific components. Only when the market research problem was clearly defined, could the research be designed and carried out. Of all the tasks in a market research project, none is more vital than the detailed definition of the research problem, as this will allow us to fully meet the needs of the client.

7 0
3 years ago
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