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Paha777 [63]
3 years ago
6

At market equilibrium, Group of answer choices quantity demanded equals quantity supplied. surpluses are greater than shortages.

demand equals supply. shortages are greater than surpluses.
Business
1 answer:
Tom [10]3 years ago
6 0

Answer:

quantity demanded equals quantity supplied

Explanation:

The market equilibrium is the price at which the quantity demanded and the quantity supplied cross each other. The intersection could be made by supply and demand curves.

Therefore, there is a direct relationship between the price and the quantity supplied, while the price and quantity demanded have an inverse relationship.

When the quantity demanded and the quantity supplied are intersect at the price so we called market equilibrium

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In contrasting equity and efficiency, why do high-tech firms seem to treat their employees better (better wages, benefits, worki
shusha [124]

Answer:

High-tech firms are hiring expensive, sophisticated people who are in high demand compared to fast food franchises and treat them better to avoid losing them to other companies

Explanation:

High-tech firms are hiring expensive, sophisticated people who are in high demand. This brings about a better treatment of their employees because if they do not offer these amenities to employees, they would become employees of other high-tech companies. Individuals with low skill levels do not get high salaries or benefits. They are not in as high demand as highly skilled workers. It is efficient, but many would argue that it is not fair.

3 0
3 years ago
A machine costing $180000 was destroyed when it caught fire. At the date of the fire, the accumulated depreciation on the machin
Colt1911 [192]

Answer:

The answer  is: gain on disposal of $114500

Explanation:

The gain on disposal is calculated by the following formula:

gain on disposal=replacement cost - (purchase cost - depreciation expense)

gain on disposal = $210,500 - ($180,000 - $84,000) = $210,500 - $96,500 = $114,500

The journal records should be as follows:

  • Dr Cash 210,500
  • Dr Accumulated depreciation 84,000
  • Cr Machine 180,000
  • Cr Gain on disposal 114,500

5 0
3 years ago
If country x imposes a tariff on its imports, how will the supply of its currency and its exchange rate be affected in foreign e
Misha Larkins [42]

The currency and exports rate will be affected  like the supply will be decrease and currency will be increase in foreign exchange markets, if one country imposes a tariff on its imports.

<h3>What is foreign exchange markets?</h3>

Foreign exchange markets is the institute of the foreign exchange rate of the country X from the country Y.

Foreign exchange markets are made up of from many different markets as the different markets are involved, for example Dollar are Exchange from the Rupees.

Thus, supply will be decrease and currency will be increase .

For more details about foreign exchange markets, click here:

brainly.com/question/22999015

#SPJ4

3 0
2 years ago
Suppose you borrow at the risk-free rate an amount equal to your initial wealth and invest in a portfolio with an expected retur
Kazeer [188]

Answer: 28%

Explanation:

First, we have to make an assumption that the initial wealth is 100, then the weight of the risk free asset will be:

= Amount invested in risk free / Initial wealth

= -100/100

= -1

The weight of the portfolio will be calculated as:

= 1 - weight of risk free asset

= 1-(-1)

= 1 + 1

= 2

Therefore, the expected return on the resulting portfolio will be:

= 2 × 16 + [(-1) × 4]

= 32 - 4

= 28

5 0
3 years ago
Having just one error on a cover letter may eliminate an applicant from being considered for employment. True or false
Zielflug [23.3K]

Answer:

True

Explanation:

It shows that you are uneducated and not ready for a professional job, no matter what the job is you always need to show proper writing techniques. NO SLANG!

Hope that helps

4 0
3 years ago
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