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vfiekz [6]
4 years ago
13

Suppose both supply and demand increase. What effect will this have on the equilibrium price?

Business
1 answer:
Ronch [10]4 years ago
5 0

Answer:

A new breakeven point will be determined.

Explanation:

The law of supply and demand suggests that price and quantity equilibrium are determined by the interaction between supply and demand. This breakeven point may vary as supply and demand change. When supply increases the price decreases and when the price decreases the demanded quantity increases. In this way, a new equilibrium price will be determined at a lower value than the previous price.

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mihalych1998 [28]

Answer:

B. Not likely to have jurisdiction over the case is the correct answer.

Explanation:

In the US, A state court can have jurisdiction over the case in which there is some connection to the state. The majority of civil and criminal cases are handled by the state courts. State courts apply state laws to decide cases. They are common law cases. The state's constitution and legislation's are binding on them, if the need arises they also take the federal court into account. The decisions of the lower courts can be challenged in high courts.

7 0
3 years ago
Jamie is a manager in an industry that has a few large players and that has remained relativelystable over the past few years. H
QveST [7]

Answer: (A) Many new competitors

Explanation:

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Due to the new competitors in the market the level of the competition become increase as they sell the similar goods and the services at low price.

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Therefore, based on the given scenario, Jamie is facing the many new competitors in the market.    

6 0
4 years ago
A bank is negotiating a loan. The loan can either be paid off as a lump sum of $100,000 at the end of five years, or as equal an
Elina [12.6K]

Answer:

$16,379.75

Explanation:

Calculation for the annual payments that should be made

Using financial calculator to find the PMT

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PMT = $16,379.75

Therefore the annual payments that should be made so that both forms of payment are equivalent will be $16,379.75

4 0
3 years ago
WILL MARK BRAINLIEST!!
umka21 [38]

Answer:

the answer is letter <em>D</em><em> </em><em>i</em><em>s</em><em> </em><em>t</em><em>h</em><em>a</em><em>t</em><em> </em><em>t</em><em>r</em><em>u</em><em>e</em>

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Which of the following is an advantage of multiple-choice achievement tests over holistic performance-based assessments? Group o
garri49 [273]

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Explanation:

They can be used to measure different qualitative and quantitative resources of the sample been observed.

3 0
3 years ago
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