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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

<u>On the graph, a demand curve shows the demand portion of the equilibrium. </u>

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.

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Answer:

O A

they have a low rate of interest

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they have an easier application process

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3 years ago

A company uses straight line depreciation for an item of equipment that cost $12000, had a salvage value of $2,000 and a five ye

timurjin [86]

Answer:

option (d) 2400

Explanation:

Data provided in the question:

Initial book value = $12,000

Salvage value = $2000

Useful life = 5 years

Thus,

Using the straight line method of depreciation

Annual depreciation = [Cost - Salvage value] ÷ Useful life

= [ $12,000 - $2,000 ] ÷ 5

= $2,000

Accumulated Depreciation for 3 years

= Annual depreciation × Time

= $2,000 × 3

= $6,000

Book value after 3 years = Cost - Accumulated depreciation

= $12,000 - $6,000

= $6,000

Remaining useful life = 2 years

Reduced Salvage value after 3 years = $1,200

Therefore,

Depreciable value of the Asset = Book value - Reduced salvage value

= $6,000 - $1,200

= $4,800

Revised depreciation to be charged every year

= Depreciable value of the Asset ÷ (Remaining useful life)

= $4,800 ÷ 2

= $2,400

Hence,

The correct answer is option (d) 2400

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4 years ago

What is the calculation used to determine the estimated annual interest amount a borrower will pay on a loan?

PIT_PIT [208]

The calculation used is mentioned as

$Annual\ Interest\ Amount\ =\frac{Loan\ balance\ X\ Interest\ Rate}{12}$ .

What is Annual Interest Amount?

An interest rate is written as an annual percentage rate. It factors in variables like monthly payments to determine what proportion of something like the principal you'll be paying yearly. APR is another term for the yearly rate of interest payable on investments that does not take into account the annual compounding of interest.
What you still owe just on mortgage principal is known as the loan balance. The loan balance is calculated as the difference here between initial mortgage balance and the sum of your principal payments. It's crucial to be aware of your loan's balance.
An interest rate indicates how expensive borrowing is or how lucrative saving is. Therefore, if you are a borrower, the interest rate refers to the amount you pay for borrowing money and is expressed as a percentage of the overall loan amount.

The calculation used is illustrated as :

$Annual\ Interest\ Amount\ =\frac{Loan\ balance\ X\ Interest\ Rate}{12}$

Learn more about Annual Interest Amount here:

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2 years ago

Marcella has a $65,000 basis in her 50% partnership interest in the JM Partnership before receiving any distributions. This year

PSYCHO15rus [73]

Answer:

C) $40,000 inventory basis, $15,000 JM basis.

Explanation:

JM distributed $80,000 worth of inventory, since Marcella has a 50% partnership interest, then half of the inventory belongs to her, $40,000 (= $80,000 / 2).

Since Marcella also received $10,000 in cash from JM, then her remaining basis in the partnership is:

$65,000 - $40,000 - $10,000 = $15,000

3 0

3 years ago

A worker gets a raise of $120 per month and quickly decides to spend $90 of the money on necessities and the occasional luxury,

musickatia [10]

Answer:

MPC = 0.75

Explanation:

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$MPC = \frac{/Δconsumption}{/Δincome}$

$MPC = \frac{90}{120}$

$MPC = 0.75$

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3 years ago