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andrew11 [14]
3 years ago
9

1) When quantity demanded in a market is more than the quantity supplied, _____ occurs.

Business
1 answer:
Greeley [361]3 years ago
4 0
B because we really need equilibrium
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Acme Home Lending offers home equity loans up to 80% of the home value for its customers. If Sally Johnson has a home valued at
Ivenika [448]

Answer:

c) $110,000

Explanation:

The computation of the borrowing amount is shown below:

= Value of home × given percentage - current mortgage amount

= $200,000 × 80% - $50,000

= $160,000 - $50,000

= $110,000

For computing the accurate value, we have to deduct the current mortgage amount from the net value of home.

Since only 80% is related to the home value so we take only 80% and rest 20% would be ignored.

7 0
3 years ago
Please help me with this!!
Westkost [7]
The correct answer is Neutral stance
8 0
2 years ago
After conducting a market research study, Magnificent Manufacturing decided to produce a new interior door to complement its ext
marta [7]

Answer:

Target sales revenue = $7,830,000

Explanation:

given data

target price = $270

annual target sales volume = 29,000

target operating income = 40%

to find out

Target sales revenue

solution

we will get here Target sales revenue that is express as

Target sales revenue =  target price × annual target sales volume   .................1

put here value we get

Target sales revenue = $270 × 29000

Target sales revenue = $7,830,000

6 0
3 years ago
Suppose the price level reflects the number of dollars needed to buy a basket of goods containing one can of soda, one bag of ch
Virty [35]

Answer:

Year 1, Year 2 purchasing power = 8 , 9 (respectively). As price level fall, value of money<u> Increases </u>

Explanation:

Year one purchasing power = Money ($) / Price per basket = 72 / 9 = 8

Year two purchasing power = Money ($) / Price per basket = 72 / 8 = 9

This implies that, as price level falls (from 9 to 8 here) ,the value of money ie purchasing power increases (from 8 to 9)

8 0
3 years ago
For which of the following businesses would the job order cost system be appropriate? a.oil refinery b.canned soup processor c.l
attashe74 [19]

Answer:

The correct answer is letter "C": lumber mill.

Explanation:

Job orders are forms that are given to workers that typically represent a third party to a company so they can perform a specific work. Besides, the job order includes the time expected for the worker to finish the job, the estimated wage charged, the materials needed to perform the job, and the number of employees necessary.

<em>Lumber mills</em> typically work with job orders to provide with cut pieces of wood to furniture enterprises.

4 0
3 years ago
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