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
RUDIKE [14]
3 years ago
6

For a given market, suppose that the quantity demanded is 240 units if the price is $20 and the quantity demanded is 275 units i

f the price is $16. In addition, the quantity supplied is 240 units if the price is $20 and the quantity supplied is 200 units if the price is $16. If the actual price in the market is $16 then a shortage of 75 units would exist and price would rise.
a. Trueb. False
Business
1 answer:
Verizon [17]3 years ago
4 0

Answer:

true

Explanation:

Equilibrium is the point at which quantity supplied equals quantity demanded. Above equilibrium price, there would be excess supply and below equilibrium price, there would be excess demanded and a shortage.

Equilibrium price is $20 units and equilibrium quantity s 240 units

When price is $16, demand is 275 and supply is 200 units

Shortage = 275 - 200 = 75 units

You might be interested in
PLZ ANSWER!!!! BRAINLIEST LOTS OF POINTS PLZPLZPLZ 2. Saujani describes that women are highly underrepresented in STEM careers.
Westkost [7]

Greetings friend, I would love to try my best for female to get more confidence in STEM careers.

First they need to realize that they are in male dominante field.

Second they should try and achieve something man can not do and show them quality over quantity of tasks done.

Also I would suggest to create more female centric teams ( 6 female 3 male = team ) just for the sake of experiment and see the results. If you create study of this type let me know the results please. Probably males will try to impress them and do 130% of power just to show off and female will control them and situation in global.

This is my honest opinion. Females are our Muses and they have special place in our hearts and minds, but they can be independent and achieve more just if they have light that leads them right way. Best wishes <3 I hope I was helpfull.

Regards,

Ђорђе

3 0
4 years ago
U.S. appliance manufacturers find that different customs about shopping must be considered to determine product design. For inst
vovangra [49]

Answer:

Global marketing strategy

Explanation:

A global marketing strategy (GMS) is a strategy that encompasses countries from several different regions in the world and aims at coordinating a company's marketing efforts in markets in these countries. A GMS does not necessarily cover all countries but it should apply across several regions.

Competing on a global basis allows customers worldwide to be better-informed and more focused on the products and services you offer. Creating a comprehensive global marketing strategy also allows your company to adapt quickly wherever needed based on customer demands and trends in the global marketplace.

Each marketing strategy can communicate to a target market the benefits and features of a product. ..Apple, for example, has invested in creating commercials for television, billboards, and magazines that showcase their products in such a way that their customers feel an affinity towards Apple's products.

5 0
3 years ago
Read 2 more answers
If a company uses a variety of different marketing strategies, that means its marketing strategies are __________.
m_a_m_a [10]
Are there any options for the adjective?
7 0
3 years ago
Read 2 more answers
Why wages differ
cestrela7 [59]

Answer:

Scenario Differences In Human Capital Compensating Differential Differences In Natural Ability Labor Unions An Economics Consulting Firm Hires Rina, A Recent PhD Graduate In Economics, And Pays Her An ... For each of the scenarios in the following table, indicate the most likely reason for the difference in earnings.

Explanation:

8 0
3 years ago
Sanborn Company has 10 employees, who earn a total of $2,100 in salaries each working day. They are paid on Monday for the five-
dsp73

Answer:

Journal entry to record accrued wages on December 31, 202x

Dr Wages expense 1,260

    Cr wages payable 1,260

Journal entry to record wages expense on Friday, January 2

Dr Wages expense 840

    Cr wages payable 840

Journal entry to record payment of wages on Monday, January 5

Dr Wages payable 2,100

    Cr Cash 2,100

3 0
3 years ago
Other questions:
  • Char Lynn walked into an Anthropologie store for the first time and was captivated by the artistry displayed in the store. She e
    10·1 answer
  • Which element of policy making is government recognition that a problem is worthy of intervention?
    6·1 answer
  • The Polishing Department of Major Company has the following production and manufacturing cost data for September. Materials are
    11·1 answer
  • Wendell Company provided the following pertaining to its recent year of operation:• Common stock with a $10,000 par value was
    8·1 answer
  • The operators of adult bookstores got together and each agreed to contribute $1,000 to a fund for use in lobbying the city counc
    6·1 answer
  • 1. Is there an advantage to being a first mover? What drawbacks are there to pursuing first-mover advantage? Is Tesla pursuing a
    12·1 answer
  • Johni is the CEO of a struggling company. She has listened to her employee's complaints and concerns about where the corporation
    7·1 answer
  • An investor thought that market interest rates were going to decline. He paid $19,000 for a corporate bond with a face value of
    8·1 answer
  • Most fast-food restaurants are focused on attracting ________ customers.
    7·1 answer
  • Which three research options are examples of credible resources that give business writers accurate information?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!