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Alecsey [184]
3 years ago
5

Suppose there is a simultaneous increase in the demand for rice and increase in the supply of rice. Which of the following will

occur as a result of these simultaneous events?
A) The market clearing price will fall, but the quilibrium quantity will rise.
B) Both the market clearing price and equilibrium quantity will rise.
C) The market learing price may rise, fall, or stay the same, but the equilibrium quantity will rise.
D) The market clearing price will all, but the equilibrium quantity may rise, fall, or stay the same.
Business
1 answer:
patriot [66]3 years ago
6 0

Answer:

C) The market learing price may rise, fall, or stay the same, but the equilibrium quantity will rise. 

Explanation:

An increase in demand would lead to an increase in demand and price.

An increase in supply would lead to an increase in supply and a fall in price.

The combined effect would lead to an increase in equilibrium quantity but the effect on equilibrium price would be indeterminate.

I hope my answer helps you

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In order to stimulate innovation, Harlose Inc. allows its researchers to devote 2-3 hours of their normal work schedule to pursu
liq [111]

Answer:

D) Catering to entrepreneurs

Explanation:

Catering to entrepreneurship is a business practice carried out by corporations that generally seek to purchase start ups for the new technologies that they developed (including patents) rather than for their business model or profits. E.g. [email protected] paid $2 billion for Oculus, and Google acquired Nest for $3.2 billion. None of these companies actually made any money, but the innovations that they develop may generate a lot of money if they are backed up by a major player.  

In this case, catering for entrepreneurs is a similar concept applied within an organization that tries to foster innovations.

3 0
3 years ago
How might a customer react to a salesperson's<br> weak handshake?
melisa1 [442]

Answer:

I think the customer will get upset.

The customer will think the salesperson is not ready to attend to him.

6 0
2 years ago
Read 2 more answers
Purchasing marketable securities with cash will have no effect on a company's acid-test ratio.
slava [35]

Answer:

given statement is true

Explanation:

given statement of purchase marketable security with the cash have not effect on the organization acid test ratio is true because

the cash and marketable security both will be considered for the calculation of acid test ratio and there is not effect

because change by the cash to the marketable securities

so as that given statement is true

3 0
3 years ago
Which of the following is the correct statement about fixed costs? The fixed cost per unit will decrease when volume increases.
Montano1993 [528]

Answer:

The correct statement is: "The fixed cost per unit will decrease when volume increases."

Explanation:

Total fixed costs remain the same within a relevant range, but the <em>fixed cost per unit</em> decreases as production increases, because the same fixed costs are spread over more units produced.

6 0
3 years ago
has a margin of safety percentage of 20% based on its actual sales. The break-even point is $759000 and the variable expenses ar
lora16 [44]

Answer:  $379,500

Explanation:

Total Sales = <em>Break-even sales + Margin of Safety </em>

The Break-Even sales are therefore = 100% - 20%

= 80% of sales

Total Sales is therefore;

Break-even =   80% * Total Sales

Total Sales = Break-even/80%

= 759,000/0.8

= $948,750

Assuming no fixed costs, actual profit will be Sales less Variable expenses;

=Sales - Variable expenses  

= 1 - 60%

Actual profit = 40% * Sales

= 40% * 948,750

= $379,500

4 0
3 years ago
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