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Marta_Voda [28]
3 years ago
9

The equilibrium price of a good in market A is $24. The current price of the good in market A is $21. At this price, a(n) ______

__________________ of the good exists in market A.
Business
1 answer:
qwelly [4]3 years ago
7 0

Answer:

Excess supply as well as excess demand in market A

Explanation:

Equilibrium price is the price of the market, where the quantity of the goods supplied will be equal to the quantity of the goods demanded by the customers. The equilibrium price is determined by the intersect of the demand and the supply curve.

When the equilibrium price is $24, but the current price is $21, so, at this price, there would be supply and the demand in excess for the customers of the goods exist in the market A.

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The basic activities that comprise marketing include the​ following: A. Financial ratio analysis B. Marketing research and targe
Alexeev081 [22]

Answer:

The correct answer is B,C,D,E

Explanation:

The basic activities of marketing consists of the following;

Marketing research and target market analysis, cost/benefit analysis, benchmarking - a process of measuring a business's performance and standard against competitors and rivals and thus conducive to winning in the marketplace, and Pricing, distribution, and human resource management​ (HRM).

Customer​ analysis, selling products and​ services, and product and service planning  are also basic activities of marketing.

7 0
3 years ago
Brian Company recorded the following cash transactions for the year ended December 31, 2013:Received cash receipts from their cu
Svetlanka [38]

Answer:

D. $289,000

Explanation:

The computation of the net cash provided by operating activities is shown below:

Cash flow from operating activities

Received cash receipts from their customers $600,000

Less:  

Salaries Paid In Cash -$225,000

Rent and Utilities Paid in Cash -$80,000

Insurance Paid in Cash -$6,000

Net Cash Provided by Operating Activities $289,000

The cash inflow indicates in a positive sign while the cash outflow indicates in a negative sign

4 0
3 years ago
Pat gave 5,000 shares of stock in Coyote Corporation (a publicly traded corporation) to her church (a qualified charitable organ
frutty [35]

Answer: a. $180,000

Explanation: Given that the fair market value of the 5000 shares of stock was $180,000 at that time; Pat should include this in information with proof of it's fair value at the time in schedule A of the form

8 0
4 years ago
MakerMan Manufacturing creates heavy-duty hand tools. It produces a new collapsible hammer called the SmackN’Stash. One of the f
hammer [34]

Answer:

Anyone who is injured by a defective product may sue the manufacturer, merchants, and all others who handled the product.

Explanation:

Strict liability means that an injured party may sue another even when they don not prove a case against them. A party is held liable for injuries from a certain activity.

For example a company that produces tools may be held liable when the machinery it produces causes injury during use by the injured party.

The injured party need not prove negligence of the defendant.

In this instance MakerMan Manufacturing is liable for the hammer that injured one of Rob's coworkers while they were using it.

Strict Liabilities are classified into 3: animals owned, product liability, and abnormally dangerous acts.

8 0
3 years ago
Sdj, inc. , has net working capital of $1,120, current liabilities of $6,133, and inventory of $844. What is the current ratio?
IgorC [24]

NWC = 1,410 = Current Assets – Current Liabilities = CA - 5,810

=> CA = 1,410 + 5810 = 7,220

Current Ratio = Current Assets/Current Liabilities

= 7,220/ 5,810 = 1.24

Quick Ratio = (Current Assets – Inventory) / Current Liabilities

= (7,220 – 1,315)/ 5,810 = 1.02

Current ratio is 1.67

Quick ratio = 0.88

In general, an appropriate current ratio is one that is comparable to the industry norm or just a little bit higher. The likelihood of distress or default may be increased by a current ratio that is lower than the industry average.

In a similar vein, if a company's current ratio is significantly higher than that of its peer group, it suggests that management might not be making the most use of its resources.

To learn more about Current Ratio here

brainly.com/question/1114476

#SPJ4

8 0
2 years ago
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