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Tamiku [17]
3 years ago
8

When quantity supplied equals quantity demanded, there is a(n): a. equilibrium, and the price will not change. b. surplus, and t

he price will fall. c. shortage, and the price will rise. d. equilibrium, and the price may rise or fall.

Business
1 answer:
padilas [110]3 years ago
4 0

Answer:

a. equilibrium, and the price will not change

Explanation:

At equilibrium, quantity supplied equals quantity demanded. There is no incentive for prices to change.

Above the equilibrium price, there is a surplus, and the price will fall.

Below the equilibrium price, there is a shortage and prices would rise.

I hope my answer helps you

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Adam kisses the sleeve of Eve’s blouse, an act to which she did not consent. Has Adam committed a tort and if so, which one? Exp
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Yes, Adam committed a tort.

Explanation:

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3 years ago
Read 2 more answers
Jamison Company uses the reciprocal services method to allocate support department costs and has gathered the following informat
Daniel [21]

Answer:

a)J = 450,000 +(20% * C)

b)C =250000+ (50%*J )

c)J = 450000 + {20%* [250000+(50%*J)}

Explanation:

a)J = 450,000 +(20% * C)

This represent the total cost of Janitorial Department due to the fact that 450000 is a direct cost of janitorial department plus 20% of total cost of Cafeteria department allocated to Janitorial department.

b)C =250,000+ (50%*J )

This represent the total cost of cafeteria Department due to the fact that 250,000 is a direct cost of cafeteria department plus 50% of total cost of Janitorial department allocated to cafeteria department.

c)

Substituting the value of C determined in part b in part a

J = 450,000 + {20%* [250,000+(50%*J)}

Therefore in place of C in equation 1 ,the value of c determined in equation 2 is thereby substituted .

4 0
3 years ago
You purchase another company for $50m. The company you purchase has assets with a fair value of $75m and liabilities with a fair
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Answer:

b. $5m

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If we purchase another company for $50m and the company you purchase has assets with a fair value of $75m and liabilities with a fair value of $30m. The amount of goodwill we should record in this transaction is: $5m

Goodwill upon acquisition of companies is derived by subtracting the fair value of NET ASSETS from the TOTAL CONSIDERATION (i.e the price paid to acquire the company)

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While the Total Consideration = $50

Therefore Goodwill = $50m - $45m = $5m

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3 years ago
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