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2 years ago

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

Business

1 answer:

lukranit [14]2 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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Interest earned on both the initial principal and the interest reinvested from prior periods is called _______.

scZoUnD [109]

Answer:

interest earned on both the initial principal and the interest reinvested from prior periods is called compound interest.

________________________________

Compound interest. The interest which is added on to the initial investment, so that this will itself gain interest in subsequent periods.

7 0

2 years ago

Rodriguez Company completed its income statement and comparative balance sheet for the current year and provided the following i

Oxana [17]

Answer and Explanation:

The preparation of the operating activities section is shown below:

Rodriguez Company

Statement of Cash Flows (partial)

Cash flows from operating activities:

Net loss $ (6,400)

Adjustments

Add: Depreciation expenses $4,500

Add: Amortization of copyright $200

Add: Decrease in accounts receivable $5,000

Add: Increase in salaries payable $11,000

Less: Decrease in other current liabilities -$1,800

Net cash flow from operating activities $12,500

The negative sign reflects the cash outflow and the positive sign reflects the cash inflow

3 0

3 years ago

The purpose of a Chamber of Commerce is to foster a healthy business climate for all of the businesses in the community. Develop

forsale [732]

Answer:

Guidelines to consider include:

1. Planning

2. Deciding which social media platform is best for your business.

3. Knowing your audience

4. Expanding audience

5. Building relationships

6. Focusing on quality over quantity

7. Using the right tools

Explanation:

Social media is one of the ways to connect with a large number of individuals to boost business and sales.

Firstly, Planning is very vital in whatever we are doing. Without a plan, the organization has no clear goal of what they are trying to archive. The organisation should create a social media plan upfront.

Secondly, The local business should decide which social media platform is best for them.

Furthermore, the business should know and understand who their audience is by compiling data on current customers and social media analytics.

Afterwards, The organization should expand their audience since they have gotten a clear picture of who their audience is.

It is also very important for the business to focus on quality instead of quantity when creating content so as to offer value.

Finally, the organization should take advantage of tools to simplify work and boost productivity.

4 0

2 years ago

Which of the following is true of budgeting? Select one: a. Budgeting eradicates the need for keeping a buffer against uncertain

viva [34]

Answer:

The Correct Answer is "C"

Explanation:

Planning depends on the control cycle to structure the arranging cycle for future activity. Therefore, the budgeting plans are just to gauge which are then utilized for building the correlation with actual to decide the execution assessment. Furthermore, the planning powers does not assist in arranging the future outcomes

7 0

3 years ago

Under which condition does a country with a small GDP have a large per capita income?

Ket [755]

When it has a small population

5 0

2 years ago