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Pie
3 years ago
14

When the supply of a product increases but the demand for the product remains unchanged, the equilibrium price of the product wi

ll __________.
Business
2 answers:
Aliun [14]3 years ago
6 0

Answer:

The equilibrium price is expected to decrease

Explanation:

Here, we want to state what will happen to the equilibrium price when the supply go a product increases but the demand stays the same

What will happen is that the equilibrium price is expected to fall since in this particular case the supply of the product will actually exceed the demand for it

So all things being equal, the demand for the product at increased supply will drive a decrease in equilibrium price

Natalka [10]3 years ago
4 0

Answer:

Fall to a lower price and equilibrium quantity will increase

Explanation:

The principle of demand and supply shows the relationship between the quantity of goods consumers are willing to buy and the quantity suppliers are willing to sell.

When supply is higher than demand prices tend to fall. This is because there is now a surplus of goods for the consumer to buy. They will have the choice of buying at lower prices from suppliers willing to let go of the excess goods.

On the other hand when supply is less than demand prices will rise. This is because goods will be scarce and consumers are willing to pay higher for the scarce goods

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Shuck Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The direct labor budget indicates that 8,200
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Answer:

$127,710

Explanation:

May cash disbursements = $4.10 x 8,200 + $100,940 - $6,850

                                          = $127,710

The May cash disbursements for manufacturing overhead on the manufacturing overhead budget should be $127,710

6 0
3 years ago
it is ideal for key management slots to be filled from outside . a. in turnaround and rapid-growth situations b. when problems w
astraxan [27]

It is ideal for key management slots to be filled from outside turnaround as well as rapid-growth situations.

So, the correct option is A.

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Working well with and through others, developing and bolstering competitive capabilities, and developing a suitable organizational structure are all necessary for successful strategy execution. Teamwork is necessary for successful strategy execution. Every manager is accountable for implementing strategies in their spheres of influence, and every employee actively contributes to this process.

 

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3 0
1 year ago
Jose's Pizza Parlor, Inc., recently acquired controlling interest in Mariana's Pizza Parlor, Inc. This acquisition is called:
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(D) Horizontal merge
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3 years ago
All of the following statements are true regarding negotiated municipal underwritings EXCEPT the:A initial offering price of eac
Sever21 [200]

Answer:

D

Explanation:

customer must be sent a copy of the official statement, if available

5 0
3 years ago
Suppose you win a small lottery and have the choice of two ways to be paid: You can accept the money in a lump sum or in a serie
Paraphin [41]

Answer:

The correct answer would be option A, The lump sum is always better.

Explanation:

If I would have to give advice to my friend who is in the same situation as i was in some time back, I would recommend him to go for the Lump sum choice. This is because of the fact that the interest rate compounded in three years payment schedule will result in the less value of what I am getting today. Accepting the lump sum value in contrast with accepting the yearly payments on 9% interest rate would be better off because it has more value at present.

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