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stira [4]
3 years ago
13

Suppose that the price of wheat is above its equilibrium price. You would expect to see __________- A) an increase in quantity d

emanded because of the high price. B) a leftward shift of the demand curve because of the high price. C) sellers begin to lower their prices because of the surplus of wheat.D) a shortage on the market that causes prices to increase further
Business
1 answer:
disa [49]3 years ago
8 0

Answer:

The correct answer is letter "B": a leftward shift of the demand curve because of the high price.

Explanation:

The equilibrium price represents the point at which buyers' demand and sellers supply face each other because both parties' needs are satisfied. If the price of a given product is higher than the equilibrium level, the quantity demanded is likely to decrease which directly implies a leftward move in the demand curve.

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Common stock is reported as an asset on the balance sheet. true or flase
jenyasd209 [6]
Your answer is suposed True

5 0
4 years ago
Carmela was promoted to a management position at work but was not fully prepared for the number of new responsibilities in the n
Sophie [7]

Answer:

EXPLAINING STRESSFUL EVENTS BY ATTRIBUTING THEM TO A TEMPORARY SITUATION.

Explanation:

Attribution theory deals with how the social perceiver uses information to arrive at causal explanations for events. It examines what information is gathered and how it is combined to form a causal judgment.

Explanatory style is the characteristic, habitual way individuals explain the causes of good and bad events they experience.

Stressful events can either be good or bad. People may attribute stressful events to factors that are either temporary or permanent and specific or universal.

Carmela's thought means she is explaining her stressful work (event) by attributing it to a temporary situation since she thinks she will get the hang of it in a few months.

Therefore, an example of the explanatory style is EXPLAINING STRESSFUL EVENTS BY ATTRIBUTING THEM TO TEMPORARY EVENTS.

4 0
3 years ago
Use the cost information below for Laurels Company to determine the cost of goods manufactured during the current year:
adelina 88 [10]

Explanation:

jsjdjdnx xb ,nxjjsjsjs

5 0
3 years ago
Campus Stop is considering a contract to sell merchandise to a campus organization for $27,000. This merchandise will cost Campu
Nataly [62]

Answer:

We cannot answer this question due to a lack of information:

Would this contract increase (or decrease) Campus Stop’s dollars of gross profit and its gross profit percentage?

all you need to do from here is to compare the figures i computed with the ones you supposed to be given.

Explanation:

Gross profit from contract in $ = Revenue from Contract - Costs

                                                   =  $27,000 -  $15,600

                                                   = $11,400

Gross Profit % = $11,400/$27,000

                 = 42.2%

We cannot answer this question due to a lack of information:

Would this contract increase (or decrease) Campus Stop’s dollars of gross profit and its gross profit percentage?

all you need to do from here is to compare the figures i computed with the ones you supposed to be given.        

 

7 0
4 years ago
An order for 140 units of Product A has been placed. There are currently 20 units of Product A on hand. Each Product A requires
lions [1.4K]

Answer:

Order for unit B = 440

Explanation:

Given:

Order for unit A = 140 units

Units A in hand = 20 units

Units B in hand = 40 units

1 unit A required 3 units of B

Find:

Order for unit B

Computation:

Total unit of A = 140 + 20

Total unit of A = 160 units

Total unit B required = 160 x 3

Total unit B required = 480

Order for unit B = Total unit B required - Units B in hand

Order for unit B = 480 - 40

Order for unit B = 440

5 0
3 years ago
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