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Art [367]
2 years ago
9

If the market price ​'Pmkt​' is above the price ​'P0​', then quantity supplied is_________ equal to greater than quantity demand

ed and the market is in_________.
Business
1 answer:
Evgen [1.6K]2 years ago
6 0

The quantity supplied at this level of price is less than the quantity demanded and therefore the market is in shortage situation.

<u>Explanation:</u>

If the current price of the market is above the price P0, then the level of the quantity supplied of the good is less than the level of quantity demanded of that good at this level. With the less quantity supplied, there will be a situation of shortage of the quantity of goods in the market.

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Answer:

d. $249,000

Explanation:

cost of goods available for sale

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= $249000

Therefore, The cost of goods available for sale was $249000.

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3 years ago
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2 years ago
The Goodyear Tire &amp; Rubber Company's December 31, 2016, financial statements reported the following (in millions). Cash Dece
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Answer:

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Explanation:

Cash at beginning of the year + cash from operating activities + Cash from investing activities + cash from financing activities

Cash at beginning of the year + $1,504 -$973 -$875 = $1132

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2 years ago
Psari's, a company that sells fishing​ nets, provides the following information about its​ product: Targeted operating income $
Molodets [167]

Answer:

B. 66.67​%

Explanation:

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= $115,000 + $54,000

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= 66.67%

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