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STALIN [3.7K]
3 years ago
6

How would an increase in demand affect the equilibrium price in a​ market? A. The equilibrium price decreases. B. The equilibriu

m price increases. C. The equilibrium price would remain the same. D. More information is needed. It may​ increase, decrease, or remain the same.
Business
1 answer:
fomenos3 years ago
7 0

Answer:

B) The equilibrium price increases.

Explanation:

According to the law of demand, if the quantity demanded of a good or service increases, the equilibrium price will also increase. Since more people are wiling to purchase a good or service and the quantity supplied remains the same, the price of that good will increase because a shortage will be generated.

On the other hand, if the quantity demanded of a good or service decreases, the equilibrium price will decrease.

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Shangrilah Sandals is a manufacturing firm in a developing country, where it routinely uses grease payments to local officials t
julia-pushkina [17]

Answer:

b. cultural relativism

Explanation:

Cultural relativism refers to the ideology that what applies to current situation do not necessarily apply to another situation also.

As in the given instance the Shangrilah Sandals make grease payments in their own country as it is a developing country, but do not practice the same in another country called US as it is a developed country.

As the income of people in that country is high they do not believe in taking or accepting grease payments.

Thus, the correct option is:

b. cultural relativism

4 0
3 years ago
What is the best way to display data if you have more than 10 results?​
Yuri [45]
It would depend on the topic
Some options:
-Bar graph
-Line graph
-Pie chart
-Area chart
-Scatter chart
-Histogram
-Map
-Funnel chart
3 0
3 years ago
What do I put at the end of a brochure
Dima020 [189]

Answer:

Bibliography

Explanation:

6 0
3 years ago
Read 2 more answers
The standard cost card for a product indicates that one unit of the product requires 8 kilograms of a raw material at $0.80 per
Likurg_2 [28]

Answer:

Direct material quantity variance= $992 unfavorable

Explanation:

Giving the following information:

Standard quantiy= 8kg

Standard cost= $0.8 per kilogram

Production= 870 unit

8,200 kilograms of the raw material was purchased for $6,888.

To calculate the material quantity variance, we need to use the following formula:

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Standard quantity= 870*8= 6,960kg

Direct material quantity variance= (6,960 - 8,200)*0.8

Direct material quantity variance= $992 unfavorable

7 0
3 years ago
Carla Vista Chemicals management identified the following cash flows as significant in its year-end meeting with analysts: Durin
ser-zykov [4K]

Answer:

$291,630

Explanation:

The computation of the net cash provided by financing activities is shown below:

Cash flow from financing activities

Less: Existing debt repaid -$313,400

Add: Raised additional debt capital $649,200

Less: Repurchased stock in the open market - $44,170

Net cash provided by financing activities $291,630

We added the additional debt capital and the rest items are deducted

8 0
3 years ago
Read 2 more answers
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