All categories

3 years ago

The price and quantity determined in a market when the supply equals the demand, the market is in the state of

Business

1 answer:

astra-53 [7]3 years ago

6 0

Answer:

Market equilibrium

Explanation:

The market equilibrium is the price at which the quantity demanded and the quantity supplied are intersected to each other

The intersection could be done by supply and demand curves

Moreover, there is a positive relationship between the price and quantity supplied while for quantity demanded it has an inverse relationship between the price and quantity demanded

You might be interested in

If equilibrium GDP is $250 billion less than the targeted level of GDP, and the Multiplier Model has an mpe of 0.75, then we can

Olegator [25]

Answer:

c. increasing; $62.5

Explanation:

The computation is shown below;

As we know that

Multiplier = 1 ÷ 1 - MPC

= 1 ÷ 1 - 0.75

= 1 ÷ 0.25

= 4

Now if the equilibrium GDP is $250 billion less than the expected level of GDP

So, the government spending would be increased by

= $250 billion ÷ 4

= $62.5

Hence, the correct option is c.

3 0

3 years ago

When deciding how to deal with negative feelings, why should you evaluate the causes of your issue??

vampirchik [111]

<span>You might be able to cope with future issues more easily this the correct answer. : )</span>

3 0

3 years ago

Read 2 more answers

31. If a company initially records the purchase of supplies to the supplies expende account, the mount of the adjusting entry ma

scoundrel [369]

We can actually deduce here that the amount of the adjusting entry that was made at the end of an accounting period will be equal to the supplies on hand at the end of the period.

<h3>What is accounting period?</h3>

An accounting period is actually known to be the period of time that a particular accounting function is covered. It can be a fiscal year, quarterly, monthly or even weekly.

We see here that the amount of the adjusting entry that was made at the end of an accounting period will be equal to the supplies on hand at the end of the period.

Learn more about accounting period on brainly.com/question/26533843

#SPJ12

6 0

2 years ago

Hello today January 1 happy new year

pishuonlain [190]

Answer:

Happy New Year

Explanation:

4 0

2 years ago

Novak Corp. had accounts receivable of $140,000 on January 1, 2022. The only transactions that affected accounts receivable duri

algol13

Answer:

a. $210,000

b. 21.69 times

c. 16.83 average days to collect receivables

Explanation:

a. Ending balance of accounts receivable

= Beginning account receivable + Net credit sales - Cash collections

= $140,000 + $3,795,000 - $3,725,000

= $210,000

b. Account receivable turnover

= Net credit sales ÷ [(Beginning inventory + Ending inventory)/2]

= $3,795,000÷ [($140,000 + $210,000)/2]

= $3,795,000 ÷ $175,000

= 21.69 times

c. Average collection period in days

= Average account receivable ÷ [ Annual sales ÷ 365]

= $175,000 ÷ [$3,795,000 ÷ 365]

= $175,000 ÷ $10,397

= 16.83 average days to collect receivables

5 0

3 years ago