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
Nataly_w [17]
3 years ago
14

If producers moved the price from P3 to p1 A) producers would encounter a shortage. B) buyers would likely purchase fewer widget

s. C) producers would be less willing to make widgets. D) buyers would scramble to get all available widgets.
Business
2 answers:
andrew-mc [135]3 years ago
7 0

Answer: D) buyers would scramble to get all available widgets.

Explanation:

The law of demand states that more quantity is demanded at a lower price, therefore if producers move prices from P3 to P1  there would be an increase in quantity of widgets demanded. Buyers would scramble to get all available widgets wich will create a shortage in the market

rjkz [21]3 years ago
3 0

Answer:

USA Test Prep says the answers B

Explanation:

You might be interested in
Using multiple cost drivers on a flexible budget report will generally ______. Multiple choice question.
lutik1710 [3]

Using multiple cost drivers on a flexible budget report will generally make the budget accurate and effective.

<h3>What is flexible budget performance report?</h3>

A flexible budget performance report serves as one that make comparison between actual revenues and costs for a period.

There are some method used in estimating this report, but multiple cost drivers is an effective method to get an accurate report.

Learn more about flexible budget performance report at:

brainly.com/question/27201970

5 0
2 years ago
If the production of a product or service involves external benefits, then the government can improve efficiency in the market b
gavmur [86]

Answer:

Providing a subsidy to correct for an underallocation of resources.

Explanation:

In Economics, subsidy can be defined as the amount of money or benefits such as tax reduction given by the government to sellers in order to sustain production and enable the buy to continuously purchase the product.

If the production of a product or service involves external benefits, then the government can improve efficiency in the market by providing a subsidy to correct for an underallocation of resources such as capital, land and labor used for production of these products.

4 0
3 years ago
Scribd in the marketplace of today, ________ are the primary means of socializing companies and brands.
MrMuchimi

The answer is: Social networks and related tools

Social media and other related tools allow the companies to provide information regarding their products to a wide variety of consumers segmentation with relatively cheaper price. Due to the low barrier of entry, small businesses often find easier success in marketing through these mediums rather than using traditional media.

4 0
2 years ago
cost formula is expressed as follows: Y = $17PH + $760,000 where PH is defined as process hours. What budgeted dollar amount wou
VMariaS [17]

Answer:

B. $ 1,984,000 $ 2,112,000

Explanation:

Static budget is a budget that has been prepared for a standard level of output with no tendency to vary irrespective of the level of output.

Therefore, the figure that will appear in static budget  is as follows:

  Y = $16PH + $640,000 where PH is defined as process hours

PH  = 84,000  (Budgeted output)

  Y  = $16(84,000) + $640,000

  Y  = $1,344,000 + $640,000

  Y  = $1,984,000

That is the figure that will appear in the static budget is  $1,984,000

Flexible budget is a budget designed to vary with the level of actual activity.

Therefore the figure that will appear in the flexible budget  is as follows:

  Y = $16PH + $640,000 where PH is defined as process hours

PH  = 92,000   (Budgeted output)

  Y  = $16(92,000) + $640,000

  Y  = $1,472,000 + $640,000

  Y  = $2,112,000

That is the figure that will appear in the flexible budget is  $2,112,000

8 0
2 years ago
Suppose you can afford to invest $1,000 each month into an account that pays 15% per year. How many years will you need to make
myrzilka [38]

Answer:

Explanation:

Rate per period =15% = 15/12 monthly

Payment(PMT)=$1,000

Future amaount(FV)=$2,000,000

N(years)=?

If input this data into fin calculator, n= 262.27months=262.27/12years=21.86years

6 0
3 years ago
Other questions:
  • Travel is generally divided into which two broad categories?
    7·1 answer
  • In order to assure better management acceptance, the flow of input data for budgeting should begin with the
    9·1 answer
  • Country Fresh Ice Cream Shoppe has several competitors in the area. To have a competitive advantage, the company only uses fresh
    12·1 answer
  • you are the owner of a beauty salon. give two examples of opportunities and threats your business may face and motivate your ans
    14·1 answer
  • In its first month of operations, Skysong, Inc. made three purchases of merchandise in the following sequence: (1) 320 units at
    14·1 answer
  • Sending the product out to test families is a form of rev: 01_09_2015_QC_CS-37293 Multiple Choice idea generation. market testin
    8·1 answer
  • The Federal Open Market Committee decides that it must increase the money supply by $50. Committee members tell you the reserve
    9·1 answer
  • Sales mix is the relative percentage in which a company sells its multiple products. the trend of sales over recent periods. a m
    5·1 answer
  • Beech Manufacturing makes one product. Each unit of product requires 1.5 machine hours. Utility costs are budgeted at $0.55 per
    5·1 answer
  • a survey of 137 investment managers in a poll revealed the following. 44% of managers classified themselves as bullish or very b
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!