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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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Derst Inc. sells a particular textbook for $39. Variable expenses are $28 per book. At the current volume of 49,000 books sold p
Liono4ka [1.6K]

Answer:Annual fixed expenses = $ 539,000

Explanation:

Given;

break even point on books sold= $49,000

sales price per unit = $39

variable cost= $28

Using the formulae,

Break-Even point (units) = Fixed Costs ÷ (Sales price per unit – Variable costs per unit) or in sales

49,000   =Fixed cost / ( 39-28)

Fixed cost = 49,000  x 11

               = $ 539,000

Annual fixed expenses = $ 539,000

7 0
3 years ago
Why should people who are moving in together consider creating a roommate agreement?
jonny [76]

Answer:

The correct answer is letter "B": It formalizes the logistics agreed upon by the roommates in the case of a dispute.  

Explanation:

Roommate relationships might not always be harmonious. In most cases, people have roommates with the only purpose of sharing rent expenses. Aside from that, they are unlikely to have another bond. Thus, some conflicts could arise as a result of dealing with strangers.

To avoid major inconveniences, a roommate agreement should be signed among the individuals sharing the apartment so in the document, they formally establish the responsibilities and limits they have by sharing the same department and, in front of problems, the document will make it easier to determine who could be at fault.

4 0
3 years ago
Do you consider it morally and ethical wrong to pay bribes through an agent entering an international market faster, receiving n
Ghella [55]

Answer:

yes I do believe it is ethically and morally wrong to pay bribes

3 0
2 years ago
Read 2 more answers
Alex Company rents space to a tenant for $2,200, per month. The tenant currently owes two months rent, November and December. Th
kaheart [24]

Answer:

The correct answer is D

Explanation:

The journal entry which is to be posted on December 31, is as:

Rent receivable A/c............................Dr   $4,400

        Rent Earned A/c...............................Cr    $4,400

As the two months rent is not paid so the adjusting entry which is to be posted is that the rent receivable account is debited whereas the rent earned account is credited with the amount of two months rent. (which is $2,200 + $2,200 = $4,400).

5 0
3 years ago
The county government has decided to redo the street you live on and plans to block the street off which causes you and your nei
Anastaziya [24]

Answer:

Path A-F-G-H is the critical path

Explanation:

Path A-F-G-H is the longest path on the network with length of 30  days. A path with the longest length is the critical path.

8 0
3 years ago
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