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astraxan [27]
3 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]3 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]3 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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Baldwin has a new design for their product Bill next round that can reduce their material cost of producing units from $8.14 to
zalisa [80]

Answer:

Hie, the information you have provided is incomplete.

However important information is explained as follows :

To calculate Break - even Point use the formula;

Break even Point (units) = Total Budgeted Fixed Costs / Contribution per unit

<em>Break even Point</em> is the level of operation at which a firm neither makes a profit nor a loss.

Contribution is Calculated as :

Sales : No information                                xxxx

Less Variable Costs ( Materials + Labor) $11,49

Contribution per unit                                   xxxx

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3 years ago
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Troyanec [42]

Answer:

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Explanation:

I'll be your fren if that's what cha asking :^

5 0
2 years ago
Read 2 more answers
The town of matildaville is attempting to reduce the amount of litter on the side of the roads. which proposed program would be
inysia [295]
The proposed program would be a negative incentive is $200 fine for each piece of litter. When a town is attempting to reduce the amount of litter on the side road they need to think of the solution or a program that would be a negative incentive is $200 fine for each piece of litter.
8 0
3 years ago
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Suppose the U.S. yield curve is flat at 4% and the euro yield curve is flat at 3%. The current exchange rate is $1.50 per euro.
lianna [129]

Answer:

$4.24287 million per year

Explanation:

Missing question:  The swap will call for the exchange of 1 million euros for a given number of dollars in each year.

For structured three separate forward contracts of the exchange of currencies, the forward price could be found as follows

Forward exchange rate * $1 million error = Dollar to be received

Year 1 = 1.50*(1.04/1.03) * 1 million euros

Year 1 =  1.514563106796117 * 1 million euros

Year 1 =    $1.5145 million

Year 2 = 1.50*(1.04/1.03)^2 * 1 million euros

Year 2 = 1.529267602978604 * 1 million euros

Year 2 = $1.5293 million

Year 3 = 1.50*(1.04/1.03)^3 * 1 million euros

Year 3 = $1.5441 million

The number of dollars each year is determined by computing the present value:

= 1.5145 / 1.04 + 1.5293 /(1.04)^2 +1.5441 / (1.04)^3

= 1.45625 + 1.41392 + 1.3727

= $4.24287 million per year

3 0
3 years ago
Which of the following most correctly demonstrates the opportunity cost of
Svetllana [295]

The opportunity cost of choosing to live in a rural area instead of an urban area is the accessibility to greater choices which is in terms of entertainment, food, and shopping. Thus, statement B is correct.

<h3>What do you mean by opportunity cost?</h3>

In microeconomic theory, the opportunity cost of a particular activity alternative is the loss of price or advantage that could be incurred through engaging in that activity, relative to engaging in an alternative activity providing a better return in value or advantage.

The opportunity cost of choosing to live in a rural area instead of an urban area is the accessibility to greater choices in terms of entertainment, food, and shopping. Thus, statement B is correct.

Learn more about Opportunity cost here:

brainly.com/question/1549591

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3 0
2 years ago
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