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Sunny_sXe [5.5K]
3 years ago
14

Answer the question on the basis of the given supply and demand data for wheat. Bushels Demanded Per Month Price Per Bushel Bush

els Supplied Per Month 45 $5 77 50 4 73 56 3 68 61 2 61 67 1 57 If the price in this market was $4, A. the market would clear; quantity demanded would equal quantity supplied. B. buyers would want to purchase more wheat than is currently being supplied. C. farmers would not be able to sell all their wheat. D. there would be a shortage of wheat.
Business
1 answer:
Flura [38]3 years ago
6 0

Answer:

C. farmers would not be able to sell all their wheat. 

Explanation:

At a price of $4, quantity supplied exceeds quantity demanded. Quantity supplied is 73 while quantity demanded is 50. There is an excess supply over demand. Therefore, farmers would not be able to sell all their wheat.

Equilibrium price is $2. This is where quantity supplied equals quantity demanded.

I hope my answer helps you

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When Glenn is thirsty, he always buys a Coke. Like many consumers, Glenn engages in considerable alternative evaluation when buy
Alecsey [184]

Answer:

False

Explanation:

Buying coke by Glenn is an habit because he does not have to think before doing it. He does not even try to consider alternatives which could be as a result of his total satisfaction from coke. Habitual decisions need little to no conscious effort (reasoning) to make.

Cheers.

3 0
3 years ago
At&t, verizon, and t-mobile serve more than 95 percent of the subscribers in the u.s. wireless mobile phone market. which fo
solmaris [256]

More than 95% of customers in the US wireless mobile phone market are served by AT&T, Verizon, and T-Mobile. This market is characterized by oligopolistic rivalry.

How large is the market for cell phones?

In 2021, the market for smartphones was estimated to be worth USD 457.18 billion. A 7.3% CAGR is predicted for the market throughout the forecast period as it increases from USD 484.81 billion in 2022 to USD 792.51 billion in 2029.

The market for smartphones is it expanding?

Since 2008, the smartphone market has been continuously expanding and increasing in size as well as in terms of the variety of models and providers. In 2022, it is anticipated that there will be 1.43 billion smartphones shipped globally. 78.05% of people on the planet will have smartphones by the year 2020.

To know more about mobile phone market

brainly.com/question/28041325

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8 0
1 year ago
On January 1, 2021, Ackerman sold equipment to Brannigan (a wholly owned subsidiary) for $200,000 in cash. The equipment had ori
just olya [345]

Answer:  $‭322,000‬

Explanation:

Consolidated income = Net income from Ackerman + Net Income from Brannigan + Excess depreciation - Amortization of unpatented tech - Gain from transfer of equipment

Excess depreciation = New depreciation of equipment - Old depreciation

Depreciation is straight line;

= (200,000/5 years) - (110,000/5)

= $18,000

Gain from transfer of equipment

= Sales - Book value

= 200,000 - 110,000

= $90,000

Consolidated income = 300,000 + 98,000 + 18,000 - 4,000 - 90,000

= $‭322,000‬

5 0
3 years ago
For a risk-free return rate of 5%, a market risk premium of 6%, what is the required rate of return for a security with a beta c
adoni [48]

Answer:

14%

Explanation:

required rate of return = risk free rate of return + ( risk premium x beta)

5% + 1.5 x 6% = 14%

3 0
3 years ago
What voting system is preferred by voting rights activists as a means of increasing minority representation?
Paha777 [63]

Answer:

Cumulative voting

Explanation:

Cumulative voting - in this type of voting system sole right is given to shareholder who is in minority to elect their director. this system permit shareholder to cast all their vote for any single nominee for board of directors.

while in  regular voting system no permission is granted to anyone to cast more than one vote.

example - for four member and 500 holding share , maximum vote than can cast is 500 (one vote for one share)  in normal voting but in  cumulative maximum that can cast is 2000 votes

8 0
3 years ago
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