Because you understand the law of supply, you can deduce that the correct graphical representation of the supply for CDs must be
_______. Moreover, you know that at a price of $10 per CD, the quantity supplied_______ is five million CDs.
1 answer:
Answer:
The answers are S1 where S1 is supply curve that has the potential to move to S2 and Quantity Supplied
Explanation:
Referring to the diagram below, an increase in supply occurs when the supply curve shifts to the right as shown in diagram below. The original demand and supply curves equal D1 and S1, respectively. Thus, the original equilibrium equals E1, with a price and quantity equal to P1 and Q1 respectively. However, when the supply increases to S2, the market moves to a new equilibrium, E2, with equilibrium price decreasing to P2 while equilibrium quantity increases to Q2.
What is equilibrium: In economics as the may be, equilibrium is the circumstance in which market forces such as demand and supply are balanced. That is, there is an absence of external influences on the values of economic variables therefore making the process unchanged.
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Answer:
$8,000, and she has to complete 60 days
Explanation:
Whenever money has to be taken out of the first plan, then it is the requirement of IRA to complete the rollover within 60 days, also the amount to be withheld is 20% this is in the case where the amount is directly paid o the concerned participant. Then the person concerned for such payment has to keep 20%
Here in the instance Total amount = $10,000
20% of such = $2,000
Thus, amount received from the administrator = 80% = $10,000 80% = $8,000