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tia_tia [17]
4 years ago
14

In 2 or 3 sentences, explain why putting the demand and supply schedules together can help you to see what price and quantities

will be demanded and supplied in the marketplace.
Business
2 answers:
valina [46]4 years ago
8 0
Answer;
<span>By putting demand and supply schedules together, one can view the lowest price, that is where demand is greatest and supply is least, and at the highest price, where demand is least and supply is greatest.
Having these schedules together as a table, you are able to see the highest price and quantities that are acceptable for consumers to consider a demand.

Explanation;
Demand is the amount of goods and services the buyers are willing and able to buy at a given price. The demand curve shows the amount or quantity of goods and services bought at different prices.
A supply curve on the other hand shows the quantity of goods and services supplied at different market prices. 
By putting the two curves and schedules together one can determine the price and the quantities that will be demanded and supplied in the market.</span>
mario62 [17]4 years ago
4 0
Putting the demand and supply schedules together can help you to see what price and quantities will be demanded and supplied in the marketplace through giving you a clear picture of the data. By looking at both, you can already compare how much of the supply and demand of the good and see a clear picture of the relationship between the two and how they affect each other with respect to each other.
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Data concerning Farm Corporation's single product appear below: Selling price per unit $ 320.00 Variable expense per unit $ 76.8
lara [203]

Answer:

$224,000

Explanation:

Contribution margin = Selling price - Variable cost

= $320 - $76.8

= $243.2

Contribution margin ratio = Contribution margin / Sales

= $243.2 / $320

= $0.76 × 100

= 76%

Break even point = Fixed cost / Contribution margin ratio

= $170,240 / 76%

= $224,000

7 0
3 years ago
Which of the following is true?
shepuryov [24]

Answer:

The correct answer is letter "A": Overhead costs are often affected by many issues and are frequently too complex to be explained by any one factor.

Explanation:

Overhead is an accounting term used for costs that must be paid, even though the company receives no profits. A company would not be able to survive without paying its overhead expenses but the costs are not connected directly to a product or service being generated. Examples of overhead costs are rent, utilities, office supplies, and maintenance.

<em> </em>

<em>Overhead costs are difficult to be traced because they can be assigned to more than one factor.</em>

5 0
3 years ago
When economists say that a good is non-rival in consumption, they mean that:____.
juin [17]

Answer: When economists say that a good is no -rival in consumption, More than one person can enjoy the good at the same time

A good is excludable if someone can be prevented from using it. A good is rival in consumption if one person's use reduces others' ability to use the same unit of the good. Markets work best for private goods, which are excludable and rival in consumption. Markets do not work well for other types of goods.

5 0
3 years ago
Often consumers base their perception of price on what they perceive to be the customary or ________.
ycow [4]
Based on other stores, and what their prices are too
3 0
3 years ago
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What effect would a government budget surplus have on the supply of and demand for loanable funds?
Fed [463]

Answer:

A po

Explanation:

no explanation..............

8 0
3 years ago
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