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storchak [24]
3 years ago
9

If supply and demand both increase then equilibrium price will also increase. True or False

Business
1 answer:
lukranit [14]3 years ago
6 0

Answer:

This statement is false.

Explanation:

The change in the equilibrium price due to a change in in an increase in both demand and supply cannot be predicted without knowing the magnitude of the increase.

If the proportionate increase in the demand is greater than the increase in supply, the equilibrium price will increase.  

If the proportionate increase in the supply is greater than the increase in demand, the equilibrium price will decrease.  

If the increase in demand is proportionately equal to the increase in supply, the equilibrium price will remain the same.

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Anderson Manufacturing​ Co., a small fabricator of​ plastics, needs to purchase an extrusion molding machine for ​$180 comma 000
vlabodo [156]

Answer:

1st     46,398.83

2nd    49,646.74

3rd      53,122.02

4th      56,840.56

5th       60,819.40

Explanation:

given a growing annuity we have to solve for the installement

FV = \frac{1-(1+g)^{n}\times (1+r)^{-n} }{r - g}

FV = PV (1+r)^5 = 180,000 x 1.14^5 =  346,574.62  

grow rate 0.07

interest rate 0.14

n = time     5

346,574.62 = C  \times \frac{1-(1+0.07)^{5}\times (1+0.14)^{-5} }{0.14 - 0.07}

C = 46398.8284

Now, to determiante the subsequent payment we multiply by the grow rate of 1.07

6 0
3 years ago
A couple has two children. They live in Missouri and have a combined annual income of $96,730. The couple has a mortgage, a car
Mashutka [201]
I'm going to guess, but i would say the best answer would be B. They could file for Chapter 7 bankruptcy and discharge most of their debt.
6 0
3 years ago
Fundamentals of Supply are view for the point of the
ivanzaharov [21]

Answer:

Supply side is the view point of the Firms or the Businesses.

Explanation:

As the law of demand deals with the consumers side, the law of supply deals with the suppliers or the firms/businesses.

this tries to explain the factors that affect the supply, such as the prices of the substitutes and complements, the price of a commodity itself, taxes, government subsidies, technological influences, etc...

in this question, the 1st option, consumer is wrong. However, in certain situations, Government can be acted as a "supplier" (if there is a government monopoly on the supply of a good or a service", and government is a heavy influencer of supply through the implementaion of taxes and subsidies!  

5 0
3 years ago
Cost of Merchandise Sold Based on the following data, determine the cost of merchandise sold for July: Increase in estimated ret
Dvinal [7]

Answer:

$873,200

Explanation:

The computation of the cost of merchandise sold is shown below:

= Merchandise inventory, July 1  + Purchases - Purchases returns and allowances - Purchases discounts - Freight in - Merchandise inventory, July 31

= $49,300 + $985,500 - $33,500 - $19,700 - $13,800 - $94,600

= $873,200

We simply added the purchase amount and deduct all other items except Increase in estimated returns inventory to the opening balance of merchandise inventory

4 0
4 years ago
Decreasing marginal returns occur in the short run as more labor is hired to work in a fixed sized plant because
oksian1 [2.3K]

Answer:

A) adding more workers exhausts the possible gains from specialization.

Explanation:

When a worker specializes in a certain task, they will become more productive and efficient in performing the task. Worker specialization takes a long time, so it only applies in the long run.

In the short run when a company wants to increase its output, it cannot rely on worker specialization since they don't have the time to wait, they must hire more workers.    

8 0
3 years ago
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