1. Why do businesses seek an equilibrium price?

1 answer:

8 0

1. I think businesses seek an equilibrium price because D. It prevents shortages and surpluses by producing the right number of goods for the right price. Equilibrium price is the market price where goods supplied are meeting goods demanded. It's the point where supply intersects demand.

2. I think the main reason why market prices are not always the same as equilibrium prices is: A. Market prices are often set by buyers rather than by sellers. Equilibrium price is a compromise between supply and demand. But the market price can be higher because sometimes customers ready to pay more, because they think like that: "more expensive=better".

3. I am definitely sure that this is the answer: B. Higher prices cause supply shifts. Higher price = less consumer demand. Consumers won't pay more for the same product if they know that it could be cheaper than its market price. Consumer demand is very important in forming market prices.

You might be interested in

FIRST PERSON GETS BRAINLIEST

Vinil7 [7]

A) Cell wall

should be it

7 0

3 years ago

Read 2 more answers

The Department of Justice wants access to the telephone records of a major newspaper. The requirement for a search warrant (an o

Lana71 [14]

Answer:

Fourth amendment

Explanation:

The Department of Justice wants access to the telephone records of a major newspaper. The requirement for a search warrant (an order from a judge authorizing the search of the records) would be required under the <u>fourth amendment</u>.

The fourth amendment rights guarantees Americans the right to be secure in their homes and properties and protects them against unreasonable searches and seizures of properties by the police or any other government agency without probable cause or valid reasons. For a judge to issue a search warrant, there must be sufficient reason or probable clause else the affected individual can sue for a breach of his or her fourth amendment rights.

6 0

3 years ago

Tim and Margaret are having a picnic near the edge of a large forest. Suddenly, a huge black bear invades their space and heads

Yuliya22 [10]

Answer: They will run away and feel fear / emotion as a reaction to their bodily physiological changes

Explanation: According to the James Lange theory, for someone to feel an emotion, in this case an emotion of fear, one must first experience the physiological changes that can be accelerated heartbeat, rapid and deep breathing and the like, which are caused by an outward appearance say a danger such as a bear in this case, watching a horror file etc. In doing so, emotion is the equivalent to a physiologically experience, which again depends on the external danger or occurrence in question.

7 0

4 years ago

Examples of physical changes check all that apply what is burned in a campfire and is turned into Athens Mo Farah Khan is cut in

Helen [10]

THe physcial changes

6 0

3 years ago

Diltiazem (cardizem) and amlodipine (norvasc) could be most likely to have opposite effects on

iris [78.8K]

Diltiazem (cardizem) and amlodipine (norvasc) would be most likely to have opposite effects on heart rate. Diltiazem (cardizem) has effects on blood pressure ( used by patients whit high blood pressure), just like amlodipine (norvasc), but beside that, diltiazem (cardizem) works to regulates heart rate.

8 0

3 years ago