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ch4aika [34]
3 years ago
5

If a market is in equilibrium is it necessarily true that all potential buyers and sellers are satisfied with the market​ price?

Business
1 answer:
pav-90 [236]3 years ago
5 0

Answer:

The correct answer is "no"

Explanation:

A market equilibrium occurs in those markets where consumer demand is equal to the amount offered by companies. But they don't necessarily have to be satisfied with the market price.

For example, if a product of basic need is in high demand, the price can be raised a lot which may not result in a fair price for the customer.

On the contrary, a low price on products puts potential competitors out of the market since many times due to production costs they cannot match these prices.

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An effort to determine the fit between the organization's characteristics and its tasks and the motivations of individuals is re
seropon [69]

Answer:

B. Contingency

Explanation:

Contingency theory was proposed by Fred Edward Fiedler and it states that the success of a leader does not only depend on his abilities. It focuses on situational differences both between organizations and within an organization. It tries to match management practices with situational demands. It refers to the effort in determining the fit between the organization's characteristics and its tasks and the motivations of individuals.

5 0
3 years ago
What is an important characteristic of the M1 money supply? . . A. liquidity . . . . C. flexibility . . D. solidity .
Mrrafil [7]

An important characteristic of the M1 money supply would be liquidity. The correct answer between all the choices given is the first choice or letter A. I am hoping that this answer has satisfied your query about and it will be able to help you, and if you’d like, feel free to ask another question.

6 0
3 years ago
Read 2 more answers
Last year, Courtney Company reported sales of $640,000, a contribution margin of $160,000, and an operating loss of ($40,000). B
Elanso [62]

Answer:

 Break-even sales         =  $800,000.

Explanation:

<em>The beak-even point is the units of products to be sold or number of customers to be served to enable a business to cover exactly its total cost from the revenue. At the break-even point, the business makes no profit or no loss because the contribution from sales exactly equals the total fixed cost</em>

<em>Break-even in sales revenue = Total fixed cost/Contribution margin</em>

<em>Contribution margin (%) = Contribution/ sales ×  100</em>

                                        = 160,000/640,000

                                        = 0.25 ×  100

                                        = 25%

<em>Fixed cost =   Contribution -   operating income</em>

                                    = 160,000- -( 40,000)

                             = 160,000 + 40,000

                             = 200,000

<em>Break-even point sales = 200,000/25%</em>

                                       =  $800,000.

3 0
3 years ago
Southern Wear stock has an expected return of 15.1 percent. The stock is expected to lose 8 percent in a recession and earn 18 p
Scilla [17]

Answer:

15.26%

Explanation:

Let the expected return if economy is normal be X

Expected return ; E(R) = SUM(probability. *return)

E(R) =15.1% OR 0.151 as a decimal

RECESSION: (probability. *return) = -0.08 * 0.02 = -0.0016

NORMAL: (probability. *return) = 0.87 *X = 0.87X

BOOM: (probability. *return) = 0.11 *0.18 = 0.0198

Next, sum the three returns and equate them to 0.151;

-0.0016 + 0.87X + 0.0198 = 0.151

0.87X + 0.0182 = 0.151

Subtract 0.0182 from both sides;

0.87X = 0.151 - 0.0182

0.87X = 0.1328

Divide both sides by 0.87 to solve for X;

X = 0.1526 as a decimal or 15.26%

Therefore, expected return if economy is normal is 15.26%

3 0
3 years ago
Hiring managers should automatically preclude a candidate with a disability if they appear to be unable to do the job.True or fa
Helga [31]

Answer:

True

Explanation:

I believe it's true. If we have a job opening for sales personnel and candidate is physically unable to walk or drive, then yes we can exclude that candidate. But once hiring manager is sure of the fact that disability will render that candidate unable to work then manager can preclude that candidate.

7 0
3 years ago
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