1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
netineya [11]
3 years ago
10

If the market for a certain product experiences an increase in supply, which of the following effects is expected to occur? a. E

quilibrium price would fall. b. Equilibrium quantity would rise. c. Equilibrium price would rise. d. Both a and b are correct.
Business
1 answer:
garri49 [273]3 years ago
5 0

Answer:

D. Both a and b

Explanation:

There exist an inverse relationship between the amount of goods supplied and the prices of those commodities assuming demand remains constant. When the market of a certain product experiences an increase in supply the Equilibrium price would fall since there's more supply than demand. Also the, equilibrium quantities of those goods supplied would also increase because again supply is greater than demand.

You might be interested in
CMN Inc. uses LIFO and has experienced increasing costs since its founding. CMN disclosed that the LIFO reserve (also known as t
Neporo4naja [7]

Answer:

$20 million

Explanation:

The computation of the ending inventory if FIFO is used

= LIFO reserve + Ending inventory based on LIFO inventory

= $3 million + $17 million

= $20 million

We simply added the LIFO reserve and LIFO ending inventory so that FIFO ending inventory can be computed. Hence, we take all the items for the computation part.

7 0
4 years ago
Ivan's, Inc., paid $482 in dividends and $586 in interest this past year. Common stock increased by $196 and retained earnings d
Svet_ta [14]

Answer:

$360

Explanation:

We can compute net income to be

The ending balance of retained earnings = Beginning balance of retained earnings + net income - dividend paid.

Where,

Dividend = $482

Change in retained earnings = $122

Hence,

Net income = Dividend - Change in retained earnings

= $482 - $122

Net income = $360

6 0
4 years ago
Dewey, an employee of American Stair Glide, had a novel idea for a safety device for elevator chairs manufactured by American. D
kirill [66]

Answer:

In this case science the item is a design, we will have to do certain more case referring to quasi contract. Dewey will have to prove the court that design is his and it is not being used until the discussion made with American. If this is prove in court then the court can accept the case of quasi contract in which the American has willingly used his design to gain monetary benefits without keeping in knowledge to Dewey about the use. In this case the court may grant legal rights of the design to Dewey and would ask to pay penalty to American. Further, usage of design of American must sign legal contract with Dewey about the benefit and usage.

6 0
3 years ago
An ethical decision-making process should be followed to ensure sound moral judgments are made (Harman, 2017). In the profession
emmasim [6.3K]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
7 0
4 years ago
It is acceptable for an employee to wear fingernail polish if the employee is a.
Dennis_Churaev [7]

Depending on the type of job, it may or may not be acceptable for employees to wear nail polish to work especially if its unethical.

<h3>What is Formal Dressing ?</h3>

   Formal dressing describes the appropriate way to dress for different occasions. This implies that you must dress according to the requirements of occasion you want to attend or according to your job requirement.

  Employees must strive to dress properly as permissible by the code of conduct of the working environment.

Learn more about Proper dressing at brainly.com/question/27837116

#SPJ1

8 0
2 years ago
Other questions:
  • Match the situations to the sociocultural factors that could cause barriers to global trade.
    7·2 answers
  • What is a vital point for most marketers
    13·1 answer
  • People use term big data when talking about large _____________. databases data files data mining data warehousing
    15·1 answer
  • Which of the following is a principle meaning "buyer beware" in latin
    8·1 answer
  • The act of influencing others to accomplish an objective is typically seen in which of the following environments?
    9·1 answer
  • Cardwire Inc. has decided to lower the price of all its products to keep up with its competitors. To achieve this, the company n
    15·1 answer
  • Mrs. Torres goes out of town on a business trip. She spends 3 nights in a hotel at a charge of $80 per night. She pays 9% tax on
    6·2 answers
  • Stanford enterprises has provided its manufacturing estimated and actual data for the year end. the controller has asked you to
    12·1 answer
  • Which of the following statements is true regarding the degree of operating leverage?
    5·1 answer
  • Describe one accountability issue of a business​
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!