All categories

3 years ago

On a graph, a _______ shows the demand portion of equilibrium.

Business

2 answers:

Leya [2.2K]3 years ago

3 0

Answer: Demand curve

On a graph, a demand curve shows the demand portion of equilibrium.

Explanation:

A demand curve refers to a visual representation of the connection or relationship between the price of a product (good) or service and the quantity demanded at a given period of time. It is a downward sloping economic graph where the price is plotted on the vertical (Y) axis while quantity is plotted on the horizontal (X) axis. It is used to demonstrate the law of demand which states that as prices for a good or service increase, the quantity demanded decreases.

dalvyx [7]3 years ago

3 0

On the graph, a demand curve shows the demand portion of the equilibrium.

Further Explanation:

Demand curve: This option is correct.

The demand curve represents the relationship between the quantity demanded of a good or service and the price of that good or service for a given the on the graph. In the case of equilibrium, the demand curve represents quantity demanded at the equilibrium point.

Supply Curve: This option is incorrect.

The supply curve shows the relationship among the price of the products and quantity of product which a seller is willing to supply at a given point of time. Therefore, the supply curve represents the quantity supplied the not the quantity demanded.

Equilibrium Point: This option is incorrect.

The equilibrium point refers to the point where the demand curve and supply curve intersect. The price at which the quantity demanded is equal to quantity supplied. Therefore, it does not represent the demand portion of the equilibrium.

Excess Supply: This option is incorrect.

When the quantity supplied exceeds the quantity demanded, it represents the excess supply. In the case of equilibrium, it lies above the equilibrium price. Thus, it does not show the demand portion of the equilibrium.

Learn more:

1. Demand and type of goods

brainly.com/question/11220857

2. Demand and supply of goods

brainly.com/question/11045011

3. Elasticity of demand

brainly.com/question/2396092

Answer details:

Grade: Senior School

Subject: Economics

Chapter: Price and Quantity Equilibrium

Keywords: demand portion of the equilibrium, demand curve, supply curve, equilibrium point, excess supply, on a graph, Price and Quantity Equilibrium, elasticity of demand, quantity demanded.

You might be interested in

A simple linear demand function may be stated as q = a - bp + ci where q is quantity demanded, p is the product price, and i is

erma4kov [3.2K]

Good quality.good products . good price mostly important income value

7 0

3 years ago

Suppose the demand for hard-wood flooring increases, while the demand for wall-to-wall carpeting decreases. Based on this change

Hatshy [7]

Answer:

Option A

Explanation:

Frictional joblessness is one form of joblessness. This is often referred to as searching insecurity, that can be dependent on specific conditions. When an employee applies for a position or moves from one workplace to another which is time wasted in employment than such condition is called frictional unemployment.

There is frictional instability, since both employers and employees are diverse, and the dynamics of market forces can lead in a shortage. Such a misalignment may be linked to expertise, salary, job time, place, mood, taste, and many other variables.

8 0

3 years ago

. Describe an example of a company that manufactures a product.

daser333 [38]

There are a huge range of companies that produce a huge range of products, some examples of these are;
Apple= iPod, iPhone, iPad, iMac, Macbook.
Samsung= Phones, Televisions, Laptops
Ford= Cars, Vans etc.
Rolex= Watches
Ralph Lauren= Men, Women and Children's clothes and accessories, Home and pet accessories.
Hope this helps and is what you were looking for

5 0

3 years ago

What is from utility

ella [17]

Explanation:

Refers to how well a product or service meets the customer's needs

3 0

4 years ago

Universal Exports is expected to pay the following dividends over the next four years: $8, $4, $2, and $2. Afterwards the compan

tester [92]

Answer:

Maximum price to be paid for the stock = $12.43

Explanation:

The Dividend Valuation Model is a technique used to value the worth of an asset. According to this model, the worth of an asset is the sum of the present values of its future cash flows discounted at the required rate of return.

Hence the value of the stock would be the present value of its future dividend discounted at 15%

Year PV of dividend

1 8 ×1.15^(-1)

2 4 × 1.15^(-2)

3. 2 × 1.15^(-3)

4 2 × 1.15^(-4)

PV of dividend = (8 ×1.15^-1) + (4 × 1.15^-2) + (2 × 1.15^ -3) + (2× 1.15^-4) = 12.439

Maximum price to be paid for the stock = $12.43

4 0

3 years ago