In this case you simply plug in 20,000 for p in both of the equations and then compare the values. If qd>qs then there is a inventory shortage. If qd<qs then you have a surplus.
qd= 4,000
qs = 7,000
More suppliers are willing to sell than consumers are willing to buy.
Answer:
c.Scotty did not itemize deductions in 2018
Explanation:
Itemized deductions can be defined as a form of eligible expenses in which individual taxpayers can claim on federal income tax returns which will in turn reduce their taxable income, and this is said to be often claimable in place of a standard deduction, only in a situation where it is available which is why ITEMIZED DEDUCTIONS are expenses that are allowed by the IRS that can decrease your taxable income because when an individual itemize on his or her tax return, such individual can opt to pick and choose from the multitude of individual tax deductions out there instead of taking the flat-dollar standard deduction.
Therefore based on the Scotty scenario the statements that best explains why Scotty is not required to report the reimbursement in gross income is :Scotty did not itemize deductions in 2018
Answer:
Jae should do nothing and continue purchasing the same amount of pens and pencils.
Explanation:
The current rate of substitution that maximizes Jae's utility is Px / Py = 0.50 / 0.10 = 5. That means that Jae will purchase 5 pencils for every pen that he buys, and that is exactly what he is doing right now.
Answer:
A firm's optimal capital structure occurs where WACC is minimized and stock price is maximized.
The correct answer is D
Explanation:
Optimal capital structure exists where the market value of a firm is maximum and WACC is minimum. Optimal capital structure relates to net income approach to capital structure.
"<span>They increase or decrease supply or demand" is the one way among the following choices given in the question that </span><span>drive markets toward equilibrium. The correct option among all the options that are given in the question is the second option or option "B". I hope that this is the answer that has come to your help.</span>
