1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Marysya12 [62]
2 years ago
8

How do businesses determine the equilibrium price of a good or service?

Business
1 answer:
Helen [10]2 years ago
6 0

Answer:

C. They set a price where the demand matches the quantity they are

willing to supply

Explanation:

The equilibrium price is the current market price as determined by supply and demand forces. It is the price at which buyers are happy to buy the entire supplied quantities. Suppliers are also happy to sell that quantity at the set price. The equilibrium price is, therefore, the intersection of the demand and supply curves.

At the equilibrium price, there is no excess or short supply of a product in the market.

You might be interested in
Equipment originally costing $100,000 has accumulated depreciation of $65,000. if it is sold for $40,000, the company should rec
son4ous [18]
Hi there
What we need first is the book value of the equipment
The book value is
originally costing - accumulated depreciation
100,000−65,000=35,000

Since the sale price is 40000 and the book value is 35000 This result a gain of 5000 (40000-35000)

Good luck!

4 0
3 years ago
As accenture explores an end-to-end business flow that has reconciliation between multiple parties, what would we uncover?.
vlabodo [156]

As Accenture explores an end-to-end business flow that has reconciliation between multiple parties system, we would be able to uncover shared state.

Any variable, object, or memory area that resides in a shared scope is referred to as a shared states. Accenture Blockchain and Multiparty Systems  specializes in supply chain, digital identity and financial services.  

Multiparty  systems creates a shared data infrastructure between an individual and an organization that drives efficiency and creates a new business and revenue models. they include blockchain, distributed ledger, distributed database, tokenization and a variety of other technologies and capabilities.

To learn more about Accenture here

brainly.com/question/28169672

#SPJ4

6 0
2 years ago
Carrie thought she misplaced her checkbook for a few days. When she found it, she noticed that two checks, her cash and her debi
weqwewe [10]

Answer:

E. All of the steps above are appropriate to take if she suspects identity theft.

Explanation:

Under suspicion of identity theft, it is better to take all the preventive measures listed in the example before the person who has stolen your debit card and checks makes use of them and steals the money in your bank account or makes big purchases.

3 0
2 years ago
The following hypothetical production possibilities tables are for China and the United States. Assume that before specializatio
Degger [83]

The following hypothetical production possibilities tables are for China and the United States. Assume that before specialization and trade the optimal product mix for China is alternative B and for the United States is alternative U. China Production Possibilities Product: A - B - C - D - E - F Apparel: 120,000 - 96,000 - 72,000 - 48,000 - 24,0000 Chemicals(tons): 0 - 24 - 48 - 72 - 96 - 120 U.S. Production Possibilities Product: R - S - T - U - V - W Apparel: 40,000 - 32,000 - 24,000 - 16,0000 - 8,0000 Chemicals(tons): 0 - 16 - 32 - 48 - 64 - 80a. Are comparative-cost conditions such that the two countries should specialize?

5 0
2 years ago
HURRY !! The information given to you by your teachers is always accurate and should never be questioned.
nevsk [136]

Answer:

Fasle

Explanation:

No one is perfect

5 0
2 years ago
Other questions:
  • As a business person planning to open a new small business, you know that the business plan should not contain
    13·1 answer
  • Match the tasks with the professionals who would complete them.
    9·1 answer
  • Crane Lakes Park is a private camping ground near the Mount Miguel Recreation Area. It has compiled the following financial info
    6·1 answer
  • Greg n. mankiw principles of macroeconomics 5th:
    8·1 answer
  • Love It Industries manufactures​ custom-designed playground equipment for schools and city parks. Love It expected to incur $ 78
    6·1 answer
  • David wants to buy a pizza and go to the movies. However, he only has enough money to do one or the other. In order to decide wh
    15·2 answers
  • Sophia's family is growing, and she needs to buy a bigger car by financing it for five years. Why is it important for her to che
    6·1 answer
  • in 2001 an outbreak of hoof-and-mouth disease in europe led to the burning of millions of cattle carcasses. discuss the demand a
    11·1 answer
  • The opportunity cost of receiving a 93 on the economics exam is ______ points on the statistics exam.
    7·1 answer
  • prepare the journal entry to record double declining balance depreciation expense for the forklify for year 2
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!