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Anettt [7]
3 years ago
13

which of the following is true of the equilibrium price of a good or service A there is no incentive for the price to change at

that point. B it occurs where the market demand and supply curves intersect. C it will change when consumer preference change.
Business
1 answer:
lys-0071 [83]3 years ago
6 0

Answer:

B it occurs where the market demand and supply curves intersect.

Explanation:

The equilibrium price is the current market price, as determined by the forces of demand and supply. It reflects the price at which buyers and sellers agree for a specified quantity of a product in a given time.

In a graph containing both the demand and supply curve, the equilibrium price is the two curves' intersection. At this price, there will be excess or short supply in the market.

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Whispering Winds Corp. Income Statement For the Year Ended December 31, 2017 Sales revenue Cost of goods sold Operating expenses
garri49 [273]

Answer:

<h2>                Whispering Winds Corp.</h2>

              Statement of Cash Flows (Indirect Method) 2017

Cash flow from operating activities:

net income                                             $161,100

Adjustments to reconcile net income:

+ depreciation expense                         $40,160

+ loss on sale of equipment                   $2,020

Change in current assets:

- increase in accounts receivable      ($40,050)

- increase in inventory                         ($44,310)

+ increase in prepaid expenses             $1,980

Change in current liabilities:

+ increase in accounts payable             $2,580

- decrease in accrued exp. payable   ($10,070)

Net cash provided by operating activities $113,410

Cash flow from investing activities:

purchase of new equipment              ($164,450)

sale of old equipment                           $33,650

Net cash provided by investing activities ($130,800)

Cash flow from financing activities:

Proceeds from issue of new stocks     $171,150

- redemption of bonds                         ($49,180)

- dividends paid                                   ($85,680)

Net cash provided by financing activities $36,290

                          <u>Net increase in cash $18,900</u>

4 0
3 years ago
Assume for this question that herman has 55 employees. when herman asks sally about jake's ability to see, what would be conside
Serhud [2]
<span>Herman would have to take action if he find's out from Sally that Jake has a visual impairment. He would have to consider whether or not he could reasonably make changes that would allow Jake to still do his job, or if the needed changes would cause an undue hardship on the business.</span>
7 0
3 years ago
How have recent financial disruptions changed the ways that financial markets are regulated?
a_sh-v [17]

It expands the regulatory authority for the Fed over non-depositary financial institutions, such as hedge funds and mortgage brokers, which had previously operated under little regulatory supervision or accountability. The Dodd-Frank Act of 2010 adopted by the Congress has also been in place. They were established to identify emerging risks within the financial sector in order to reinforce risky practices prior to the crisis.

7 0
3 years ago
Common uses of the statement of cash flows include all but which of the following?
Sphinxa [80]

Answer: Option D

Explanation: Cash flow statement is a type of financial statement which shows the sources and uses of cash  for a specified period in the form of cash inflows and outflows.

Cash flow statement is used by the management to evaluate the performance and for making plans for future. It is also used by potential investors for evaluation purposes.

Government do not need cash flow to asses ability of the company. The tax obligation on a company is calculated on its income which is shown by other financial statements like income statement.

8 0
3 years ago
raphael spends $150 to purchase medical services from the medical clinic. susan earns $600 per week working for the medical clin
Deffense [45]

The following occur in the factor market:

Susan earns $600 per week working for the medical clinic.

Raphael earns $250 per week working for Dinah's diner.

The following occur in the product market:

Raphael spends $150 to purchase medical services from the medical clinic.

<h3>What is the factor and product market?</h3>

The product market and the factor market are the two major markets in the circular flow of income.

The product market is a marketplace where final goods and services are bought and sold. Intermediate goods are not sold in the product market.

The factor market is a market where the factors of production needed for the production of goods and services are bought and sold. Labor is one of the factors of production.

Thus, the services of Susan and Raphael would be exchanged in the factor market.  For offering their services in the factor market, Susan and Raphael are rewarded in the form of wages.

Here is the complete question;

Identify if each of the following scenario occurs in the factor market or in the product market.

raphael spends $150 to purchase medical services from the medical clinic.

susan earns $600 per week working for the medical clinic.

raphael earns $250 per week working for dinah's diner.

To learn more about the factor market, please check: brainly.com/question/17284274

#SPJ1

6 0
2 years ago
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