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vivado [14]
3 years ago
14

A market shortage occurs when:a. the quantity demanded is less than the quantity supplied at a given price. b. the market price

is below equilibrium. c. sellers produce a lot of the product and consumers like it a lot. d. a new product is introduced at the equilibrium price.
Business
1 answer:
Andreyy893 years ago
6 0

Answer:

b. the market price is below equilibrium

Explanation:

Markets are at Equilibrium, where market demand = market supply. Market Demand is downward sloping due to price - demand inverse relationship as per law of demand. And, Market Supply is upward sloping due to price - supply direct relationship as per law of supply

When Price is below Equilibrium price : Market demand is more, as it is inversely related with price. And, Market supply is less, as it is directly related with price. So Market Supply is more than Market Supply. This implies Scarcity (Market Shortage), when supply is insufficient to fulfil demand.

This excess demand (or shortage/ scarcity) creates competition among buyers & pushes up the market price.This way; finally, the market price & market quantity resume back to equilibrium level.

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Which of the following charitable contributions is not tax deductible?a. Cash donated to a qualified church.b. Clothing donated
Lana71 [14]

Answer:

e. All of the above are tax deductible.

Explanation:

As per IRS time or service donated is not tax deductible.

4 0
4 years ago
When Finance Director Debenditti states that she tries to draw group members out and force participation, this might cause some
morpeh [17]
Can you please anwser mine I’m doing a test
6 0
3 years ago
The Aztec civilization also had a school for a few select young women to become priestesses where they learned to weave and deco
Vladimir [108]

Answer:

True

Explanation:

The women become priestesses in a school, where they learned to weave an decorate costumes.

3 0
3 years ago
In early America, a traditional market structure existed when A) merchants purchased goods from England. B) farmers sold produce
defon

In early America, a traditional market structure existed when people bartered goods they produced for goods they needed.

Explanation:

Bartering is the mechanism between two entities without the use of cash in the exchange of trading products or services. When people trade, they are all benefited by receiving goods or services that they need or want.

Bartering does have a benefit as there is something that even people with no money could get for them. Bartering may include exchanging an object for a service.

For eg, in return for a tin of apples from either a tree in their yards you might agree to work for somebody. If you choose to trade for a need, you can save cash for other requirements.

7 0
3 years ago
Read 2 more answers
has excess cash of​ $15,000 at the end of the harvesting season. will need this cash in four months for normal operations. Requi
kolezko [41]

Answer:

1)

Some of the major reasons why Garden Haven might to choose to either  invest in debt or equity securities are as follows;

  • They want to generate earnings. It is better to earn money from excess cash than keep it idle.
  • They invest in debt or securities because they provide liquidity. Investments in debt or securities can be sold through exchange the day decision is taken to see and convert it cash .
  • To meet cyclical cash needs.
  • They may have policies as regard to quantum of cash that can be kept .

2)

In terms of classification, Garden Haven's investment falls in short term investments.

Investments made for a period less than a year are classified as short term investments. Investments made for longer than one year are classified as long term investments. Since Garden Haven is making this investment for four months, this is be classified as short term investment.

8 0
3 years ago
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