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dybincka [34]
3 years ago
7

What would cause an increase in the equilibrium price of a good?

Business
1 answer:
crimeas [40]3 years ago
5 0

Answer:

Demand and supply

Explanation:

Demand and supply are the two factors which effect the equilibrium of price. If demand increases and the supplies remains constant the price will increase. On the other hand when demand decrease and the supplies remains constant the price will fall. So these two factors effect the Equilibrium price of a good.

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Both Phoebe and Connor are trying to maximize their lifetime income. Each has a different plan on how to do it best. Phoebe clai
andrew11 [14]
The correct answer is C. By attending college, Connor actually stands better prospects to earn a significant salary throughout his lifetime. Employees having gone through post-secondary education generally earn more income than those who have not studied till college. The simple reason is, by attending college, you acquire sharper knowledge and insights of disciplines you wouldn't otherwise have access to. You get skills that are in line with a demanding and fast-paced environment. People often regret not attending college because they could have grabbed a certificate that could have been a stepping stone for professional opportunities and higher incomes.
7 0
2 years ago
Read 2 more answers
Which of the following should be added to net income in calculating net cash flow from operating activities using the indirect m
andreyandreev [35.5K]

Answer:

It is decrease in accounts receivable (D)

Explanation:

An Increase in Inventory : the effect of this transaction will reduce the cash position of the company because more cash is being tied down as inventory at a cost.

A decrease in accounts payable : Here, more cash is being paid to off-set liability owed to suppliers and this will reduce company's cash position.

Preferred dividends declared and paid : This is an outflow of cash paid to equity investors as a return on their investment which will impact negatively on the company cash position.

Decrease in accounts receivable : This is an inflow of cash from the settlement of trade receivable owed by our customers which will impact positively on our cash position.

7 0
3 years ago
A print shop runs a two-station binding line, in which the first station punches holes in the pages and the second station insta
ycow [4]

Answer:

Punching machine

Explanation:

The computation is shown below:

Punching actual output = Both punching and the binding output + punching output

= 8,000 + 5,000

= 13,000 pages per hour

But the punching machine process to 15,000 pages per hour

Now the utilization rate of punching is

= 13,000 ÷ 15,000

= 0.867 pages per hour

Now for binding

The actual output is 8,000 pages per hour

Binder processing to 10,000 pages per hour

So, the utilization rate is

= 8,000 ÷ 10,000

= 0.8 pages per hour

As we can see that the utilization rate of punching is higher that results the bottleneck

8 0
2 years ago
The purpose of sobriety checkpoints that are set up by community and state police is to deter drunk driving and ultimately save
lorasvet [3.4K]

Answer:

A) Laws represent the minimum guidelines that companies must follow,whereas a firm's ethical stance may venture beyond the minimum level of compliance.

Explanation:

In the given scenario there are laws that allows community and state police to set up sobriety check points that discourages drunk drivers and saves lives.

The inclusion or removal of applications that helps drunk drivers avoid these checkpoints is not covered by the law. So if a company decides to include such applications it is at their discretion.

Blackberry have chosen to remove applications that helps drunk drivers avoid checkpoints. This is an example of when a company has ventured beyond the minimum level of compliance because of their ethical stance.

Google and Apple however have only ventured beyond the minimum compliance level because they have refused to honour requests by legislators to remove apps that permit smartphone users to navigate around the checkpoints.

5 0
3 years ago
1. A certain family has a car loan of $24,623 with a local bank. Because of this loan balance the family would classified as a:
LUCKY_DIMON [66]

Answer: None of the above

Explanation:

The deficit spending unit is used in describing a scenario when an economy, the household or firm, has spent more than it earned for a particular period of time.

Since the family has a car loan of $24,623 with a local bank, thus means that they spent more than they earned and therefore took loans and are a deficit spending unit.

Since the option isn't given, the correct option is None of the above.

5 0
3 years ago
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