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FromTheMoon [43]
3 years ago
6

Which statement defines equilibrium in a graph showing demand and Supply curves? ​

Business
1 answer:
NemiM [27]3 years ago
5 0

On a graph that shows supply and demand curves, <u>equilibrium is the single point where the two curves meet</u> (aka are <em>equal</em>).

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Assume an exchange rate of $1 = .60 british pounds. a u.s. product sells in britain for 18 pounds. by what percentage will dolla
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The correct answer is Indirect exporting.

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3 0
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Economically valuable materials such as diamonds, tin, and platinum are associated with which ocean floor resource?
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REFLECTION QUESTIONS
telo118 [61]

Answer:

Expenses must be close or above $2000 per month

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In this case, the business owner is generating revenues of $2000 per month. If he is struggling to stay open, it means the monthly expenses are around or above $2000. The $2000 that the business is generating per month is not sufficient to cater for all expenses and the desired profits. The business owner is probably making losses, and that why he is having trouble keeping the doors open.

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