1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
A trade surplus occurs when the value of imports is__________. A. less than the value of exports. B. government spending is less
Reika [66]

Answer: Option A

         

Explanation: In simple words, trade surplus refers to the economic condition under which a country's value of goods sold to other countries, that is, exports is greater than the value of goods it purchases from other countries ,that is, imports.

Trade surplus is seen as a positive indicator of economic growth as a country in surplus will behaving more money to invest in public core services and wont be spending their tax collections on interest and loans taken by international assignations such as IMF or world bank.

Hence from the above we can conclude that the correct option is A.

5 0
3 years ago
A broad market index has an expected rate of return of 8% and a standard deviation of 40%. The T-bill rate is 1%. An investor ha
Black_prince [1.1K]

Find the below attachment

8 0
3 years ago
Which of the following types of brands is most likely to be recognized by its logo?
tensa zangetsu [6.8K]
A store because its what we see in our everyday lifestyle
7 0
3 years ago
Diana owns a bakery where she sells cupcakes. Two blocks down there is another bakery, CC's Bakery, that sells cupcakes for $1 l
elena-14-01-66 [18.8K]

Answer:

competitor-oriented pricing

Explanation:

competitor-oriented pricing is a technique for valuing in which a producer's value is resolved more by the cost of a comparable item sold by an incredible contender than by contemplation of purchaser request and cost of generation; likewise alluded to as Competition-Based Pricing.  

For instance: a firm needs to value another espresso producer. The company's rivals sell it at $25, and the organization thinks about that the best cost for the new espresso producer is $25. It chooses to set this very cost without anyone else item.

3 0
3 years ago
Radek Company estimates its uncollectible accounts by aging its accounts receivable and applying percentages to various aged cat
stepladder [879]

Answer:

the  bad debt expense that reported in the income statement is  $2,300

Explanation:

The computation of the bad debt expense that reported in the income statement is as follows;

= Total estimated uncollectible accounts - unused balance

= $3,200 - $900

= $2,300

Hence, the  bad debt expense that reported in the income statement is  $2,300

7 0
3 years ago
Other questions:
  • One tip for working with colleagues from different generations is to multiple choice stick to basic technology for teamwork. def
    13·2 answers
  • Vincent and Jean are two cooks who work in a village. Each of them can either bake cakes or make pizzas. Every ingredient is rea
    15·1 answer
  • Look at the circular flow diagram. Choose and define an environmental issue. Using the diagram as a guide, explain how the envir
    9·1 answer
  • Which of the following forms of communication has the most impact during your interview? a. Nonverbal b. Verbal c. Voice quality
    14·2 answers
  • Joanne is a member of a group that is developing a questionnaire as a group project in her sociology class. The leader of her gr
    6·1 answer
  • Gains in income and wealth translate into an increased likelihood of having good health, showing a clear link between health and
    7·1 answer
  • Henry Crouch's law office has traditionally ordered ink refills 55 units at a time. The firm estimates that carrying cost is 40%
    6·1 answer
  • Un trabajador que gana $ 265 diarios, trabaja el domingo que no es su día de descanso, $ 21 de despensa, trasporte $ 25 pagado e
    9·1 answer
  • PLEASE HELPP WITH CHEMISTRY
    14·1 answer
  • A next monthly interest payment on a loan with a principal balance of $19,531 is $109.86. what is the interest rate on the loan?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!