1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
svetoff [14.1K]
3 years ago
10

How do surpluses and shortages help establish the equilibrium price ?

Business
1 answer:
Vika [28.1K]3 years ago
6 0
Surpluses push the price down toward the equilibrium and shortages raise the price to the equilibrium 
You might be interested in
In the context of strategic thinking, which of the following is a difference between for-profit organizations and nonprofit orga
blondinia [14]

Answer:

c.Unlike nonprofit organizations, for-profit organizations focus on gaining competitive advantage in the marketplace.

Explanation:

The nonprofit organization is that organizations whose aim to focus on the welfare of the society as a charity, donation, etc. It can provide services in educational, research, etc,

Whereas, Profit organization is those organization whose focuses to maximizing their profit and minimizing their cost so that it would gain a competitive advantage in the marketplace. Its focuses is to target as the general public.  

Hence, option c is correct

5 0
3 years ago
A person who saves money for the future by buying a whole life policy A. pays the same premium for the same amount of term cover
Karolina [17]

Answer:

B. is able to accumulate tax-free interest earnings on cash values.

Explanation: whole life insurance policy also known as permanent life insurance,is an insurance policy where people who buy the policy are deferred from paying tax,this policy ensure that you pay the same amount of premium throughout the policy,it is a policy that is not termed and it doesn't expire it can last up to 120years.

6 0
2 years ago
Can someone explain the relationship between consumer expectations and economic performance?
maks197457 [2]
If a consumer believes that the price of the good will be higher in the future he is more likely to purchase the good now. If the consumer expects that her income will be higher in the future the consumer may buy the good now. In other words positive expectations about future income may encourage present consumption.
5 0
2 years ago
Central Supply purchased a new printer for $67,500. The printer is expected to operate for nine (9) years, after which it will b
Sergeu [11.5K]

Answer:

The correct answer is D.

Explanation:

Giving the following information:

Central Supply purchased a new printer for $67,500. The printer is expected to operate for nine (9) years, after which it will be sold for salvage value (estimated to be $6,750).

Annual depreciation= 2*[(original cost - residual value)/estimated life (years)]

Year 1= 2*[(67,500 - 6,750)/9]= $13,500

8 0
3 years ago
Problem solving is often considered a
Troyanec [42]
Solution , explanatory , inquiring
7 0
3 years ago
Read 2 more answers
Other questions:
  • Barnes agrees with Morgan to enter into the management of a new subdivision of residential housing. Morgan appoints Barnes as hi
    14·2 answers
  • What does a merchant wholesaler do?
    13·2 answers
  • Hillary has a new product idea that aligns well with her company's current organizational resources. she puts together a present
    12·1 answer
  • Which statement describes a benefit of international trade
    8·2 answers
  • Holmes Company produces a product that can either be sold as is or processed further. Holmes has already spent $50,000 to produc
    14·1 answer
  • Lena is a sole proprietor. In April of this year, she sold equipment purchased four years ago for $26,000 with an adjusted basis
    6·1 answer
  • Price is a concept relating to how post-deregulation transportation firms determine and impose charges for their services. which
    15·1 answer
  • Charlie the cat stole $20 from his cat mom. He's planning on spending the money he stole on catnip (Q1) and dental treats (Q2).
    9·1 answer
  • May someone pls help and fast???
    8·1 answer
  • A partner can be held liable for a partnership obligation only if he or she participated in, or knew about, whatever it was that
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!