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mixer [17]
4 years ago
15

Why would a free market never operate at a quantity greater than the equilibrium quantity? Hint: What would be required for a tr

ansaction to occur at that quantity?
Business
1 answer:
Volgvan4 years ago
3 0

Answer:

This is because in a free market, the prices of goods and services are determined by market forces, and the price mechanism will always keep the market at equilibrium.

Explanation:

The free market is a market without government intervention, equilibrium price and quantity are determined by the interaction of the market forces, also called price mechanism , which Adams Smith referred to as the invisible hands in the market.

The free market cannot operate outside the equilibrium because, the market forces will always keep the market towards equilibrium. Even if equilibrium is distorted, as a result of any shock, the market forces will bring the market towards equilibrium all things being equal, except there is market failure.

a free market is a market in which prices of goods and services are set by demand and supply and are allowed to reach their point of equilibrium without government intervention

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A sale transaction closes on April 1, the ninety-first day of the tax year. The day of closing belongs to the seller. Real estat
zysi [14]

Answer:

$785.34

Explanation:

The computation of the seller's share of the tax bill is shown below:

= Expected estate taxes for the year × number of days of the tax year ÷ total number of days in a year

= $31,50 × 91 days ÷ 365 days

= $785.34

We simply applied the proportionate method so that the approximate value could be arrived by taking all the information which is mentioned in the question.

3 0
4 years ago
Rather than acquiring Almodovar Holdings in Spain, Omega, Inc. chose to establish new operations in that country. This form of F
Flauer [41]

Answer: Greenfield investment

Explanation:  

 The green field investment is one of the form of FDI (Foreign direct investment) and by using this type of investment process the company basically creating the various types of new facilities such as selling process and the production facility.

The greenfield investment is one of the type of economics based concept it helps in forming the various types of marketing partnership and also control all the relative investing process.

According to the given question, the greenfield investment is one of the type of foreign direct invest process that helps in establishing the new function and operation in the country.

Therefore, Green-field investment is the correct answer.

4 0
3 years ago
provide the algebraic equation for the monthly aggregate production rate (apr, using si, ei, d1, d2, d3, d4, d5, and m as variab
Paha777 [63]

Forecasting Methods
Financial analysts utilize four basic types of forecasting techniques to project future sales, costs, and investment costs for a company. Although there are many commonly used quantitative budget forecasting tools, in this article we concentrate on the top four techniques: Straight-line, moving average, simple linear regression, multiple linear regression, and straight-line.

Main Content
You are aware that there are 150 units in stock at the moment (beginning inventory = SI), and ABC's marketing manager predicts that demand for the motor will be 240, 225, 265, 270, 260, and 275 units over the course of the following six months (M = 6). (D1, D2, D3, D4, and D5 respectively).

In six months, you wish to have 50 units in stock (ending inventory = EI) and have decided that you want to lower the average inventory level of various goods, including this one.

To learn more about Forecasting Methods
brainly.com/question/5777247
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4 0
2 years ago
How does the availability of resources affect supply, especially in catering business?
MArishka [77]
Because if there is no sources or limited recourse the they can not properly provide 
6 0
4 years ago
a lawnmower manufacturer has the following loss distribution for its annual products liability costs: loss probability 250,000 0
Bas_tet [7]

Answer: $12,000

Explanation:

The question makes no sense in one area. The loss probability for $0 cannot be 90% because the other two are collectively 20%. I shall therefore assume that the loss probability for $0 is 80% so that they add up to 100%.

Expected claim cost = ∑[loss probability * (Loss - Deductible)]

= 0.9 * 0 + [0.15 * (10,000 - 10,000)] + [0.05 * (250,000 - 10,000)]

= $12,000

6 0
3 years ago
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