Answer:
The answer is. C) any buyer who is willing and able to pay the price will find a seller for the product.
Explanation:
At a product's equilibrium price, the quantity demanded of the product equals the quantity supplied of the product. So that means that there will always be a supplier willing to sell the product to any consumer who is willing to pay for that product.
Answer:
Opportunity cost of holding the money = $1.650
Explanation:
Opportunity cost is the value of the next best alternative sacrificed in favour of a decision.
The opportunity cost of holding the money is the interest on deposit that would be have been earned should it be invested at the savings rate.
Interest on savings deposit = interest rate × deposit
= 2.5%× 66,000= $1,650
Opportunity cost of holding the money = $1.650
Explanation:
1. Salary: Yes it is the salary which comes top most. Everybody needs money and each and everyone expects different salary based on their skills.
2. Career prospects: Career prospects are higher important than the salary. Only if the organization can provide space for growth, then only the job seems to be good.
3. Training and Development: This is one of the important aspect to upskill oneself. The upskill supports both personal growth and the growth of the organization.
4. Flexibility and benefits: Ability to adapt to change and make changes accordingly. Flexibility either way is expected. The additional benefits which one get is really an extra benefit and recognition given to the employee. Eg. Bonus
Answer:
A. aggregate demand intersects short-run aggregate supply
Explanation:
Short run occurs when the amount a firm wishes to supply is equal to the amount demanded from the consumers. It is the area on the graph where the aggregate demand curve intersect with the short run supply curve.
Or, simply put, when the aggregate output supplied is equal to the aggregate output demanded. The equilibrium is made up of equilibrium prices and quantity.
Answer:
A. is any series of firms or individuals who participate in the flow of goods and services from producer to consumer or final user.
Explanation:
