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Nitella [24]
3 years ago
5

In a simple graphical model of the supply and demand for pizza with the price of pizza measured vertically and the quantity of p

izza measured horizontally:
1. the demand curve slopes upward and to the right.
2. the supply curve slopes upward and to the right.
3. at the equilibrium price, the supply of pizza exceeds the demand for pizza.
4. the supply curve slopes downward and to the right.
Business
1 answer:
puteri [66]3 years ago
8 0

Answer:

Option (2) is correct.

Explanation:

A supply curve is a graphical representation of quantity supplied of a commodity at every price level. The law of supply states that there is a direct relationship between the price of the product and the quantity supplied of the product.

This is one of the main reason of upward sloping supply curve. This means that as the price of a product increases then as a result the quantity supplied for that good also increases.

Demand curve is a downward sloping curve which shows that there is an inverse relationship between the price of the good and the quantity demanded for that good.

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A_____represents a long-term debt obligation issued by a corporation or a government.
nirvana33 [79]

A <u>bond</u> represents a long-term debt obligation issued by a corporation or a government.

Debt obligation method a responsibility to make a repayment of cash to any other man or woman, inclusive of debts payable and the responsibilities springing up beneath promissory notes, payments of trade, and bonds;

A collateralized debt responsibility is a sort of based asset-backed safety. at the beginning advanced as contraptions for the company debt markets but after 2002 CDOs have become cars for refinancing mortgage-backed securities.

Month-to-month Debt obligations approach a purchaser's housing charges, along with month-to-month rent or mortgage fee, and required payments below any debt obligations (which includes the patron's month-to-month charge below the mortgage and insurance for the vehicle to be acquired under the mortgage).

Learn more about debt obligation here: brainly.com/question/24157864

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4 0
2 years ago
Bank A pays 10% interest compounded annually on deposits, while Bank B pays 9% compounded daily. a. Based on the EAR (or EFF%),
Pie

Answer:

Bank A should be chosen.

Explanation:

Given:

Effective annual rate (EAR) of bank A = 10%

Bank B pays 9% compounded daily. EAR of bank B is calculated below:

EAR = ( 1+\frac{i}{n})^{n} -1

Where, i is 0.09

            n is compounding period that is 365 (since it is compounded daily)

EAR = ( 1+\frac{0.09}{365})^{365} -1

       = 1.0942 - 1

       = 0.0942 or 9.42%

Bank B pays EAR of 9.42%

Based on EAR, Bank A should be selected as it pays higher EAR of 10%.

3 0
3 years ago
homeworklib Assume the following for White Top Inc. for the current fiscal year. White Top applies overhead on the basis of unit
Naya [18.7K]

Answer:

50,500 Units

Explanation:

The computation of the number of units produced is shown below:

Overhead rate is

= $200,000 ÷ 50,000 units

= $4 per unit

The Actual overhead is $222,000

So,

Under applied overhead is $20,000

Now

Applied overhead is

= $222,000 - $20,000

= $202,000

And, finally

Actual unit produced is

= $202000 ÷ 4

= 50,500 Units

6 0
3 years ago
Price is the _____________ a consumer is willing to make to acquire a specific product or service.
vfiekz [6]

Answer:

Overall sacrifice

Explanation:

Price is associated with the amount of money that a consumer have to pay to purchase a articular product. Overall sacrifice is that amount of money which is sacrificed by the consumer to acquire a particular product or service. Price of the product is set by the seller in the market and it is totally depends upon the willingness of the consumer to buy the product at the prevailing prices or not.

3 0
3 years ago
Disposable personal income is A. personal income minus indirect business taxes. B. national income minus depreciation. C. person
Anni [7]

Answer:

C. personal income minus personal taxes.

4 0
3 years ago
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