1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MrRa [10]
3 years ago
7

Suppose the market for cantaloupes is unregulated. That is, cantaloupe prices are free to adjust based on the forces of supply a

nd demand.
If a shortage exists in the cantaloupe market, then the current price must be (higher or lower)? than the equilibrium price. For the market to reach equilibrium, you would expect (persistent excess demand, seller to offer lower prices, or buyers to offer higher prices)?
Business
1 answer:
Fiesta28 [93]3 years ago
5 0

Answer:

If a shortage exists in the cantaloupe market, then the current price must be lower than the equilibrium price. For the market to reach equilibrium, you would expect buyers to offer higher prices.

Explanation:

As there is shortage in cantaloupe market ( Supply curve shifts to the left), there are not enough cantaloupe to sell to buyers.

So, buyers will compete for lower supply amount of cantaloupe by willing to pay higher price.

With the existence of supply shortage and buyers is willing to pay higher price, the equilibrium price will goes up, thus it will be higher than the current price.

You might be interested in
The income effect causes quantity demanded to​ ________ when the price of a normal good​ decreases, and causes quantity demanded
AveGali [126]

c. ​increase; decrease

4 0
3 years ago
a country has national saving of $50 billion, government expenditures of $30 billion, domestic investment of $10 billion, and ne
zubka84 [21]

The supply of loanable funds is $50 billion. Thus, option c is correct.

The supply of loanable funds considers only national savings( public savings + private savings), thus the supply of funds shall be only $50 billion. The national savings is the rate that measures the amount of income that households, business, and the government saves. It looks at the difference between a nation's income and consumption.

The national savings rate is the GDP that is saved rather than spent in the economy. It is an indicator of a nation's health as it shows the trends in savings.

Hence, option c is correct, that is $50 billion.

Learn more about national savings here brainly.com/question/15109837

#SPJ4

8 0
1 year ago
To which of the following would a
nirvana33 [79]

Answer:

the answer is D it is the right answer

4 0
2 years ago
the united states imports a lot of cars, despite having its own auto industry. each of the following statements are arguments so
Kipish [7]

Automotive Industry

The automotive industry includes all companies and activities involved in the production of motor vehicles, including the majority of components such as engines and bodywork but omitting tyres, batteries, and fuel.

Main Content

a) Anti-dumping legislation will prohibit unfair competition:

For selling cars in the country, foreign corporations employ the dumping method. As a result, the United States should enact anti-dumping legislation to prevent unfair competition in its market. As a result, the price of foreign cars will rise, reducing demand for foreign cars in the United States.

b). Protection can aid the development of new enterprises:

To prevent foreign businesses from selling their hybrid electric automobiles at low prices in the US, the US should levy a substantial tax on these international electric vehicles. As a result, protection can aid in the development of infant industries and encourage the production and distribution of small scale industries in the market.

c) Job losses can result from foreign competition:

When an economy consumes a lot of imported goods, indigenous firms face stiff competition. Domestic manufacturers' products will be less in demand, resulting in reduced production, which will harm the manufacturer and, as a result, job losses and mass unemployment.

To learn more about Automotive Industry

brainly.com/question/6624034

#SPJ4

5 0
1 year ago
MM Proposition I with corporate taxes states that:
OLEGan [10]

Answer:

d.) I and II

Explanation:

The first proposition can be regarded as proposition that gives a clam that capital structure of a company has no impact on the value. The value of a company is been known as present value of future cash flows when it's calculated, then it cannot be affected by capital structure. It should be noted that MM Proposition I with corporate taxes states that capital structure can affect firm value by an amount that is equal to the present value of the interest tax shield.

8 0
2 years ago
Other questions:
  • Recommend ways to deal with a indecisivein a workplace
    10·1 answer
  • The imf established __________ as the replacement for gold as a world standard.
    14·1 answer
  • Suppose a new technology makes it possible to perfectly predict the weather on your computer. As a result, there isn't as much o
    10·1 answer
  • Which economic system supports government control of maior b
    13·1 answer
  • Suppose a $1,000 bond pays $40 per year in interest. Instructions: In part a, round your response to one decimal place. In part
    5·1 answer
  • Which of the following statements is true of effective business communication? Group of answer choices The communication is most
    9·1 answer
  • On December 31, 2018, Adelphi Corporation has outstanding 500 shares of $100 par value, 4% cumulative and nonparticipating prefe
    13·1 answer
  • Umatilla Bank and Trust is considering giving Pronghorn Corp a loan. Before doing so, it decides that further discussions with P
    13·1 answer
  • Ruby is considering a college degree. She learned that the total costs (including the tuition, fees, and forgone wages) of a col
    10·1 answer
  • Erica decides to spend $50 on a ticket to a concert with friends instead of buying a new pair of jeans. What is the opportunity
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!