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3 years ago

If the current price of a product is "below" the market equilibrium price, there is ________ of this product.

Business

2 answers:

Irina-Kira [14]3 years ago

8 0

Answer:

There is a shortage of the product.

Explanation:

The market demand curve is downward sloping indicating a negative relationship with price. While the market supply curve is upward sloping indicating a positive relationship with price.

At the market equilibrium, both demand and supply are equal. At a price below the equilibrium level, the market demand is greater than supply. This causes a shortage in the economy.

Shtirlitz [24]3 years ago

8 0

Answer:

If the current price of a product is "below" the market equilibrium price, there is higher demand of this product.

Explanation:

This analogy follows the law of demand that says the higher the price the lower the demand while the lower the price just as it was stated in the above mentioned analogy results into higher demand

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Which of the following is broadly defined as the development of new products, processes, organizations, management practices, an

omeli [17]

<span>In development of new products, the most defined aspect is the processes. It takes a great deal of effort and time in product creation in laboratories. Testing the feasibility of new product in actual manufacturing environment. Trials are done to capture and document actual procedures, machine specifications, safety requirement, and actual working parameters to achieve the desired specification of the new product. </span>

3 0

3 years ago

Square Hammer Corp. shows the following information on its 2018 income statement: Sales = $206,000; Costs = $123,000; Other expe

EastWind [94]

Answer:

a. What is the 2018 operating cash flow?

$31,200 + $14,000 = $45,200

b. What is the 2018 cash flow to creditors?

-$13,100 - $3,100 = -$16,200 (it is negative since interests and principal were paid to creditors)

c. What is the 2018 cash flow to stockholders?

-$10,000 + $4,600 = -$5,400 (it is negative since more dividends were paid to stockholders than new equity raised)

d. If net fixed assets increased by $22,000 during the <em>year, what was the addition to NWC?</em>

net capital spending = depreciation + increase in fixed assets = $14,000 + $22,000 = $36,000

cash flow from assets = cash flow to creditors + cash flow to stockholders = -$16,200 - $5,400 = -$21,600

change in net working capital = operating cash flow + cash flow from assets - net capital spending = $45,200 - $21,600 - $36,000 = $12,400

Explanation:

net income = $206,000 - $123,000 - $7,900 - $14,000 - $13,100 - $16,800 = $31,200

8 0

2 years ago

In what career cluster would you find all levels of business jobs, such as an Administrative Assistant?

Charra [1.4K]

In all of these career cluster listed above, you will find all levels of business jobs, such as an Administrative Assistant

For better understanding, let's understand what career clusters means

Career Cluster is simply known to be a wide occupational groupings of specific industry based jobs such as agriculture, law, education, health science etc . The career clusters provide an organizing tool that helps one in creating a career plan.
An administrative assistant helps in the day to day running of an enterprise or firm. All career cluster have different job specifications and so an office or administrative assistant is often needed to answer phone calls, document important work or minutes of meetings, assistant the boss in office duties and other responsibilities. It is commonly found in all the 16 career cluster.

From the above, we can therefore say that the answer In all of these career cluster listed above, you will find all levels of business jobs, such as an Administrative Assistant is correct.

Learn more about career cluster from:

brainly.com/question/2124244

7 0

3 years ago

The following information is available regarding John Smith's capital account in Technology Consulting Group, a general partners

bekas [8.4K]

Answer:

32.35%

Explanation:

Calculation for What is Smith's partner return on equity during the year in question

First step is to calculate the Ending partner equity

Ending partner equity = $32,000 + $11,000 - $7,000

Ending partner equity = $36,000

Now let calculate the partner return on equity

Partner return on equity= $11,000 / (($32,000 + $36,000)/2)

Partner return on equity= $11,000/($68,000/2)

Partner return on equity= $11,000/$34,000

Partner return on equity= 32.35%

Therefore Smith's partner return on equity during the year in question will be 32.35%

7 0

2 years ago

How long after taxes accepted will i get my refund?.

erica [24]

Answer:

E-file and direct deposit 1-3 weeks

E-file and check. 1 month

Mail in return and direct deposit 3 weeks

Mail in return and check 2 months

Explanation:

i dont know if this is what your looking for but here it is.

3 0

2 years ago

If the current price of a product is "below" the market equilibrium​ price, there is​ ________ of this product.

If the current price of a product is "below" the market equilibrium price, there is ________ of this product.