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natta225 [31]
3 years ago
5

How do price changes drive markets toward equilibrium?

Business
1 answer:
Troyanec [42]3 years ago
7 0
The right answer for the question that is being asked and shown above is that: "b. They increase or decrease supply or demand." price changes drive markets toward equilibrium is that <span>b. They increase or decrease supply or demand.</span>
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Rise ’n Shine Bakeries is a nationwide chain that has plants located throughout the U.S. Top management at Rise ’n Shine believe
IRISSAK [1]

Answer:

The correct answer is letter "B": False.

Explanation:

A decentralized organization is one in which most decisions are taken by low range managers. On the other hand, centralized firms are characterized by following the guidelines of high-level executives. Decentralized companies have the same reporting structure as centralized institutions but each of them working at their hierarchy level.

5 0
3 years ago
Assume that in January 2017, the average house price in a particular area was $279,400. In January 2002, the average price was $
tatyana61 [14]

Answer:

2.38%

Explanation:

In January 2017 the average house price in an area was $279,400

In January 2002 the average house price was $196,300

Therefore the annual increase in selling price can be calculated as follows

t = 15

= ($279,400/$196,300)^1/15 -1

= 1.42333^0.06666 -1

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= 0.02378 ×100

= 2.38%

Hence the annual increase in selling price is 2.38%

4 0
3 years ago
Assume that Corn Co. sold 7,600 units of Product A and 2,400 units of Product B during the past year. The unit contribution marg
Afina-wow [57]

,Answer: a. 9,450 units

Explanation:

You need to find the weighted average contribution margin for both products.

Product A

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= 34 * 7,600 / (7,600 + 2,400)

= $25.84

Product B

= 59 * 2,400 / 10,000

= $14.16

Breakeven point in units = Fixed costs/ (Weighted average contribution margin of both A and B)

= 378,000 / (25.84 + 14.16)

= 9,450 units

5 0
3 years ago
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The correct option is B. In this type of economy the government has total control over allocation of all resources. <span />
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3 years ago
Read 2 more answers
What term refers to the percent of total revenues that represent a business's actual profit?
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Pretty sure your answer is
<span>B. Profit margin</span>
7 0
4 years ago
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