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sweet-ann [11.9K]
3 years ago
15

Why is "equilibrium" also sometimes called "market clearing price"? Group of answer choices

Business
1 answer:
masya89 [10]3 years ago
5 0

Answer: B.At equilibrium, quantity supplied and quantity demanded are equal ensuring that at that price consumers will not want more and producers will not supply more.

Explanation:

The point where the market demand and marker supply curves intersect is known as the equilibrium point. The price at which equilibrium occurs is the market clearing price.

It is called the market clearing price because at that price both producers and customers are in equilibrium. Above the equilibrium price, there's is excess supply and below the equilibrium price, there's excess demand.

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Anna is creating a personal balance sheet. she plans to list these items. bank account jewelry health insurance rent which state
DanielleElmas [232]

True statements about Anna's balance sheet are:

  • Anna will need to find the total value of her jewelry and bank account.
  • The period of the balance sheet will be one year.
  • Anna will add the value of the assets and subtract the value of the liabilities.

<h3>What goes into the Balance Sheet?</h3>

The balance sheet includes the totals of assets which includes Anna's jewelry and the cash in her bank account. She will then add the value of these assets and subtract the liabilities to find the Net Asset Value.

The period of the balance sheet will be a year because the Balance sheet shows the statement of one's financial position over a year.

Find out more on Balance sheets at brainly.com/question/1113933.

#SPJ4

8 0
2 years ago
Read 2 more answers
At June 30, Almond Co.'s cash balance was $10,012 before adjustments, while its ending bank statement balance was $10,772. Check
Lunna [17]

Answer:

The correct option here is B) $9,961.

Explanation:

For taking out the adjusted cash balance at June 30 we will subtract the error in ledger amount and debit memo for monthly service charge and add the interest earned from the initial cash balance before any adjustment is made.

INITIAL CASH BALANCE = $10,012

(-) ERROR IN LEDGER      = $95 -$59

                                         = $36 ( this is the amount that Almond co's have to

                                                    pay more )

(+) INTEREST EARNED    = $35

(-) SERVICE CHARGES    = $50

ADJUSTED CASH BALANCE = $9961

3 0
3 years ago
Marking merchandise with an exceptionally high price and then claiming that the lower selling price actually used represents a l
Aneli [31]

Answer:

The correct answer is Deceptive pricing.

Explanation:

The deceptive price occurs when companies intentionally cheat customers with price promotions, which in the end are not true. These practices, under the protection of marketing, seek to generate a desire in the buyer to take the items in "discount", either due to its upcoming expiration or simply by the inventory turnover.

6 0
3 years ago
During 2019, Travis purchases $13,000 of used manufacturing equipment (7-year property) for use in his business, his only asset
skelet666 [1.2K]

Answer:

$13,000

Explanation:

Most property purchased during 2019 and beyond, may be expenses using Section 179 tax deductions. The limit for 2019 was $1 million and that is way more than $13,000. Section 179 is one of the few benefits that small business got from the Tax Cut and Jobs Act, and it can be really useful.

Businesses can deduct the full purchase price of qualifying equipment (used manufacturing equipment qualifies) as long as it was purchased after January 1, 2019. This is an incentive created to encourage businesses to buy more equipment and invest more.

5 0
3 years ago
On the food label for a package of crackers, what does a 15 percent daily value for iron mean?
Tanya [424]
A 15% percent daily value for iron means that one serving of the cracker provides 15 percent of the iron that the average person needs each day.
The Daily Value or the DVs for short is an indicator that shows information about the nutrient that can be provided in one serving of the food for an average person. The average person is a healthy adult who consumes exactly 2000 calories a day which became an indicator basis for The Daily Value<span>.</span>
6 0
3 years ago
Read 2 more answers
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