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Serggg [28]
3 years ago
7

Suppose the market for pizzas is unregulated. That is, pizza prices are free to adjust based on the forces of supply and demand.

If a shortage exists in the pizza market, then the current price must be.............(higher, lower) than the equilibrium price. For the market to reach equilibrium, you would expect................(sellers to offer lower prices, buyers to offer higher prices, persistent excess demand)
Business
1 answer:
Ghella [55]3 years ago
5 0

Answer:

The correct word for the blank space is: lower; buyers to offer higher prices.

Explanation:

In a market driven by supply and demand laws, shortages are caused because of excess in demand as a result of lower prices. Thus, that price is lower than the equilibrium price. Besides, if there is a need to push that price to its equilibrium level, sellers will have to increase the price implying buyers will have to offer higher prices.

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You have been given $100 to go school shopping. Identify how you would spend the money based on “needs” and “wants”.
zhuklara [117]
Always buy what you need first groceries,things for school,ect. Then focus on your wants after that. Save alot too.
4 0
3 years ago
Read 2 more answers
When a country's economy is producing at a level that exceeds its potential gdp, the standardized employment deficit will show a
Alla [95]

Answer:

<u>smaller deficit</u>.

Explanation:

A smaller deficit than the current deficit is the ideal answer to fill the gap. A deficit occurs when expenditures are greater than revenues, so in an economy with a surplus, revenues will be larger than expenses, so the standardized employment deficit will be smaller than the current one, because an economy with a GDP that exceeds its potential , is an economy that is expanding, production is larger, which consequently increases the employment rate and decreases the deficit.

5 0
3 years ago
The date on a monthly income statement prepared on April 30 is written as________.
Simora [160]

Answer:

(B) For Month Ended April 30, 20--.

Explanation:

Since, the income statement reflects the activities of the specific firm/entity/company for a particular period, therefore the date on income statement is always written in below manner depending on the number of months it represents.

If 12 months are represented by the income statement, then the date on such income statement is written as:

For year ended April 30,20--.

If 6 months are represented by the income statement, then the date on such income statement is written as:

For six months ended April 30,20--.

If 1 month is represented by the income statement, then the date on such income statement is written as:

For month ended April 30,20--.

Keeping in view the above discussion, the answer to the question shall be  

(B) For Month Ended April 30, 20--.

4 0
3 years ago
Which of the following is not a business-to-business (B2B) market.
sleet_krkn [62]

Answer:

I don't know the exact answer but I guess it will be option (B) process materials

4 0
2 years ago
Ten years ago, Lucas Inc. earned $0.50 per share. Its earnings this year were $5.00. What was the growth rate in earnings per sh
liberstina [14]

Answer:

25.89%

Explanation:

With regards to the above information, initial earning = $0.50

Final earnings = $5.0

Number of periods = 10 years

We can formulate the above into an equation, which will now be:

$5.00 = $0.5 ( 1 + rate )^ 10

We can simplify furthermore.

1 + rate ^ 10 = 5 / 0.5

1 + rate ^ 10 = 10

1 + rate ^ 10 = 10^1/10

1 + rate = 10 ^ 0.1

1 t rate = 1.2589

rate = 1.2589 - 1

rate = 0.2589

rate = 25.89%

Therefore, the growth rate in earnings per share (EPS) over the 10 year period is 25.89% .

3 0
3 years ago
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