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tigry1 [53]
4 years ago
12

How do changing prices affect supply and demand

Business
1 answer:
DaniilM [7]4 years ago
8 0

Answer:

If there is a decrease in supply of goods and services while demand remains the same, prices tend to rise to a higher equilibrium price and a lower quantity of goods and services. ... However, when demand increases and supply remains the same, the higher demand leads to a higher equilibrium price and vice versa.

Explanation:

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Discuss how the following socio economic issues can be a challenge to social responsibility:
natta225 [31]

Unemployment, poverty and human rights are obstacles in the formation of social responsibility.  This greatly prevents a person to  be able to develop social responsibility.  Having a job teaches a person the value of responsibility.  It also enables him to stand on his own two feet and later encourages him to do a bigger role in society.  If a person is financially secure and have rights then that person can do more for society.

5 0
3 years ago
Which of these conditions helped establish the foundation for a market revolution in the United States
Digiron [165]

Question Completion:

Choices: Rapid improvements in transportation and communication; the production of goods for a cash market; and the use of inventions and innovations to produce goods for a mass market.

Answer:

The condition that helped to establish the foundation for a market revolution in the United States is:

Rapid improvements in transportation and communication

Explanation:

Rapid improvements in transportation and communication spurred innovations.  With innovations, capitalism was born.  Innovations needed factories for mass production.  In turn, according to American History, "factories and mass production increasingly displaced individual artisans and farmers," who survived at subsistent levels.  Large farms grew and produced crops for distant markets, no longer only for family and local markets.  Most of the crops were further processed, packaged, preserved, and shipped through cheap transportation systems like the Erie Canal, using steamboats.  And the rest, they say, is history.

3 0
3 years ago
Walt has a $300,000 listing at 8% commission. An agent from another firm sold the listing. Walt has a 70% commission split with
erastovalidia [21]

Answer:

$8,400

Explanation:

total commission = $300,000 x 8% = $24,000

50% co-brokerage split = $24,000 x 50% = $12,000

Walt's commission = $12,000 x 70% = $8,400

the 70% commission split between Walt and his broker means that Walt keeps 70% of the commission and the broker keeps 30%.

total commission is split between the two firms because the Walt's listing was sold by another firm.

4 0
4 years ago
Part 1 Create a performance appraisal template that you feel meets the needs of your current or previous position and organizati
stiv31 [10]

Answer:

Answer for the question:

"Part 1 Create a performance appraisal template that you feel meets the needs of your current or previous position and organization. The appraisal should include a rating scale and five competencies you would recommend the organization to evaluate staff on. At minimum, include a rating scale guideline (i.e., description of what each rating is composed of). Attach your performance appraisal template to the initial post. Part 2 In the body of your post, explain why you selected the five competencies and how your selections contribute to effective employee performance management, training, and development programs."

is explained in the the given attachment.

Explanation:

Download pdf
7 0
3 years ago
Assume that you purchased a $1,000 convertible corporate bond. Also assume the bond can be converted to 30.303 shares of the fir
gayaneshka [121]

Answer:

The dollar value that the stock must reach before investors would consider converting to common stock is $33.

Explanation:

stock price for conversion = $1000/30.303

                                            = $33

Therefore, The dollar value that the stock must reach before investors would consider converting to common stock is $33.

4 0
4 years ago
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