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Lostsunrise [7]
2 years ago
10

he graph shows excess supply. A graph titled Excess supply has quantity on the x-axis and price on the y-axis. A line with posit

ive slope represents supply and a line with negative slope represents demand. The lines intersect at the point of equilibrium (p star, Q star). A point on the demand line is (P 2, quantity demanded) and a point on the supply line is (P 2, quantity supplied). Both points are higher than the point of equilibrium. Excess supply is indicated between the 2 points. Which needs to happen to the price indicated by p2 on the graph in order to achieve equilibrium? It needs to be increased. It needs to be decreased. It needs to reach the price ceiling. It needs to remain unchanged.
Business
2 answers:
Otrada [13]2 years ago
7 0

Answer:

A) As prices fall, quantity demanded goes up.

Explanation:

yan [13]2 years ago
6 0

Answer:

it needs to be decreased

Explanation:

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MC Qu. 84 Two investment centers... Two investment centers at Marshman Corporation have the following current-year income and as
dusya [7]

Answer:

The correct answer is 11.28%

Explanation:

Solution

Recall that:

                                          Investment center A    Investment center B

Investment center income    $ 530,000                $ 640,000

Investment center average

invested assets                     $ 4,700,000                $ 3,100,000

Now,

We calculate for return on investment (ROI) for Investment Center A

The ROI A=Investment center income/Average invested assets  which is

= (530000/4,700,000)

=11.28%

8 0
3 years ago
A manager is concerned that there isn’t enough time spent on production and too much time spent on setups. The manager decides t
r-ruslan [8.4K]

It will result in an increase in average inventory as larger batches require more time to be completed.

<h3>What is Operations Management?</h3>

Operations management (OM) is the management of business practices within an institution to achieve the highest level of efficiency possible. It is involved with converting materials and labor as efficiently as feasible into goods and services in order to maximize an institution's profit.

<h3>What are the 3 types of operations management?</h3>
  • Product design and product.
  • Planning and managing of manufacturing facilities.
  • Purchasing/procurement.
  • Forecasting.
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  • Inventory control.
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To learn more about Operations management, refer

brainly.com/question/1382997

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3 0
2 years ago
The difference between slope and elasticity is that slope _________.a. is a ratio of two changes, and elasticity is a ratio of t
jekas [21]

Answer:

c. measures changes in quantity demanded more accurately than elasticity.

Explanation:

Base on the scenario been described in the question, slope measures changes in quantity demanded very accurately compared to elasticity. The main for this reason is that m, slope and elasticity are not the same concepts. Slope evaluates the

flatness or steepness of a line in terms of the evaluating units for price and quantity, while elasticity evaluates the relative response of quantity to changes in price.

4 0
3 years ago
Read 2 more answers
The two most common pricing alternatives for products in the introduction stage of the product life cycle are:.
Anarel [89]

Answer:

penetration pricing and skimming pricing

3 0
2 years ago
Discuss and highlight the main features of a Bill of Lading, types of Bill of Lading, and the purpose, usefulness and limitation
drek231 [11]

A bill of lading (/ˈleɪdɪŋ/) (sometimes abbreviated as B/L or BOL) is a document issued by a carrier (or their agent) to acknowledge receipt of cargo for shipment. Although the term historically related only to carriage by sea, a bill of lading may today be used for any type of carriage of goods.[1] Bills of lading are one of three crucial documents used in international trade to ensure that exporters receive payment and importers receive the merchandise.[2] The other two documents are a policy of insurance and an invoice.[3] Whereas a bill of lading is negotiable, both a policy and an invoice are assignable. In international trade outside the United States, bills of lading are distinct from waybills in that the latter are not transferable and do not confer title. Nevertheless, the UK Carriage of Goods by Sea Act 1992 grants "all rights of suit under the contract of carriage" to the lawful holder of a bill of lading, or to the consignee under a sea waybill or a ship's delivery order.



Bill of lading

A bill of lading must be transferable,[4][5] and serves three main functions:

it is a conclusive receipt,[6] i.e. an acknowledgement that the goods have been loaded;[7] and

it contains or evidences[8] the terms of the contract of carriage; and

it serves as a document of title to the goods,[9] subject to the nemo dat rule.

Typical export transaction use Incoterms terms such as CIF, FOB or FAS, requiring the exporter/shipper to deliver the goods to the ship, whether onboard or alongside. Nevertheless, the loading itself will usually be done by the carrier himself or by a third party stevedore.

7 0
3 years ago
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