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astraxan [27]
2 years ago
6

What two economic forces must be equal in a competitive market for the price of a product to remain stable with no shortage or s

urplus?
Business
2 answers:
lesya692 [45]2 years ago
7 0

Answer:

Quantity supplied and quantity demanded

Explanation:

The basic model of supply and demand is the workhorse of microeconomics. It helps us understand why and how prices vary and what happens when the state intervenes in a market. The model combines two important concepts: a supply curve and a demand curve.

OFFER:

The quantity offered of a good is the quantity that producers are willing to sell in a given period at a particular price. The amount offered is not what a company would like to sell, but the one that is definitely willing to sell.

DEMAND

It is the will and ability of an individual or consumer to acquire a good or service in a certain period of time and place. If an individual is only willing or able to acquire a good or service, then he is not in demand.

Hitman42 [59]2 years ago
6 0
The two economic forces that must be equal in competitive market for the price of a product to remain stable with no shortage or surplus is : Quantity supplied and quantity demanded

Together, those 2 forces created the equilibrium for the market

hope this helps
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An actor is hired to appear in a series of commercials promoting a new laptop computer. The actor's last two movies, though, hav
MA_775_DIABLO [31]

Answer:

Unconditioned stimulus.

Explanation:

Unconditioned stimulus is one that results in a reflexive response. The response is natural, unconditional, and automatic. For example if one smells a food he likes (unconditioned stimulus) the person' s response is to become hungry.

In contrast conditioned stimulus is learners and voluntary.

The actor has had two of his movies fail at the box office so his appearance on the commercial will produce a unconditioned response from the audience that is not favorable. He will have to wait till there is a good impression about him.

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3 years ago
Sound Audio manufactures and sells audio equipment for automobiles. Engineers notified management in December 2021 of a circuit
denis-greek [22]

Answer:

Sound Audio

Yes.  This loss should be accrued.

Explanation:

Accruing the loss contingency gives the readers of the financial statements an early warning of the probable existence of a future loss.  A loss contingency arises from a probable future event, which gives rise to an adverse outcome from a lawsuit.  Since the cost of the loss can be reasonably estimated and the product recall is virtually certain, it is prudent for Sound Audio to provide for this loss in its December 2021 financial statements.

3 0
2 years ago
The welding department supplies parts to the final assembly line. Management decides to implement a kanban system and has collec
const2013 [10]

Answer:

25 containers

Explanation:

The computation of the number of kanban containers required is shown below:

= (Lead time demand + Safety stock) ÷ Container size

where,

Lead time demand is

= 2,000 units × 4 days

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Container size = 400 units

Safety Stock is

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= 2,000 units

So, the number of kanban containers required is

= (8,000 units + 2,000 units) ÷ (400 units)

= 25 containers

We simply applied the above formula

6 0
3 years ago
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I think, there should be options to choose. Anyway, my answer is: The aim of​ <span>customer relationship </span>is to produce high customer equity​, the total combined customer lifetime values of all of the​ company's customers.
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What is an easy way to convert an hourly wage into an approximate full-time annual wage?
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