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Nataly [62]
3 years ago
5

If the current price of a product is below the market equilibrium​ price, there is​ ________ of this product.

Business
1 answer:
Svetach [21]3 years ago
7 0

Answer:

Excess demand

Explanation:

The equilibrium price is the price at which demand equals supply.

If price is below equilibrium price, it means the price is lesser than the equilibrium price, therefore the quantity demanded would increase.

According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

If price is below equilibrium price, the quantity supplied would fall.

I hope my answer helps you.

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hope this helps
8 0
3 years ago
Read 2 more answers
An advantage of magazine advertising is that:
earnstyle [38]

Answer:

A suitable advantage of magazine advertisement is option C.

Explanation:

The magazine may be meant only for men or only for women or for both. Thus a suitable magazine maybe selected to make an appeal to a particular section of the community.

By using magazines as a medium for advertising, an appeal can be made to a large body of persons with similar tastes or covering a large area.

In the 21st century, promoting in print or in computerized magazines may appear to be silly. TV arrives at millions additional customers. Publicizing on your site costs not exactly on television. Furthermore, aren't magazines collapsing left and right?

In actuality, the magazine business, even in printed copy, is progressing nicely. New magazines are continually showing up, and various them succeed and flourish. Purchasing promotion space may not be modest, however it tends to be compelling.

Slender Focal point of Interests

Satellite television has some specialty stations, however magazines take practicing to the following level. Promoting in a magazine that takes into account a specialty crowd of devotees or experts focuses on that crowd absolutely.

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4 0
3 years ago
Read 2 more answers
Seo-yeon is beginning to wonder if she has made the right decision about purchasing a new HP laptop after she sees a friend with
tino4ka555 [31]

Answer:

postpurchase evaluation phase

3 0
2 years ago
The primary purpose of ________ is to encourage the expenditure of funds on research and development to create new products.
Firdavs [7]

I guess the correct option is D.

The primary purpose of patents and copyrights is to encourage the expenditure of funds on research and development to create new products.

8 0
3 years ago
On January 1, 2017, Dawson, Incorporated, paid $100,000 for a 30% interest in Sacco Corporation. This investee had assets with a
aalyn [17]

Answer:

The amount allocated to goodwill at January 1, 2017, is: $16,000

Explanation:

We talk of goodwill when a company acquires another one and is the difference between the cost to purchase the business minus the fair market value of the tangible assets netted the liabilities.

In this case the fair value of the assets is:

Assets $550,000 + $40,000 - $10,000= $580,000

The book value of the assets is corrected with the fair value, in this case we correct the value of the patent.

Liabilities $300,000

porcentage acquired 30%

price paid $100,000

$100,000 - ((580,000-300,000)*30%) = $16,000

5 0
3 years ago
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