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Kipish [7]
3 years ago
7

If supply for a product is high but demand is low, what most likely needs to happen to achieve equilibrium?

Business
2 answers:
vodka [1.7K]3 years ago
7 0
<span>If supply for a product is high but demand is low, the one that most likely needs to happen to achieve equilibrium is: B. The price of the product must go down. High supply of product will create an abundance in the market. By lowering the price of the product, it will attract more consumers for that product (icnreasing its demand) and will eventually lower the product abundance and bring the curve into equilibrium</span>
liubo4ka [24]3 years ago
3 0
The Correct Answer is The supply needs to be raised I got the answer wrong when I chose "B" like the one above states is the correct answer but its actually "C" 
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When a company recognizes a cash revenue event that is subject to state sales tax, the balance in the Cash account increases by
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Explanation:

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8 0
3 years ago
Karl and Leonard want to make trail mix. In order to get the right balance of ingredients for their tastes they bought 2 pounds
sladkih [1.3K]

Answer:

Cost per pound of the trail mix:       $

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Explanation:

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3 years ago
Suppose that consumption depends on the interest rate. how if at all does this alter the conclusions
zalisa [80]
Here is the answer. Suppose that consumption depends on the interest rate, how this alters the conclusions is that at any given level of the interest rate, national saving falls by the change in government purchases. You should also consider <span>what happens when government purchases increase. Hope this helps.</span>
3 0
3 years ago
20. To add body to a hearty broth, you may use
Sophie [7]

Answer:

The correct answer would be A, Onions.

Explanation:

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3 years ago
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kherson [118]

Answer:

Yes, it does because the price is way to high (i took the test so ask me if you need anything else )

Explanation:

8 0
2 years ago
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