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
qwelly [4]
3 years ago
9

The price of apples used to make apple pies has increased. At the same time, people expect the price of apple pies to increase s

ignificantly in the future. Given these two effects, what will happen to the current equilibrium quantity and price of apple pies?
Business
1 answer:
Anon25 [30]3 years ago
3 0

Answer:

Equilibrium price will increase and equilibrium quantity will decrease

Explanation:

As the price of a commodity gets higher the demand will reduce. therefore they will be an abundance of the commodity since it is too hig for the consumers to buy.

You might be interested in
Winkler, a CPA, provided accounting services to a client, Thompson. On December 15 of the same year, Thompson gave Winkler 100 s
Lina20 [59]

Answer:

the bonds will recognize a gain for 3,500

Explanation:

The adjusted basis of the stock will be the value in Winkler books.

So selling at 7,500 will recognize  gain for 3,500

6 0
3 years ago
The journal entry to close the Fees Earned, $750, and Rent Revenue, $175, accounts during the year-end closing process would be:
Nataly [62]

Answer:

b. Dec. 31

Income Summary 925

Fees Earned 750

Rent Revenue 175

Explanation:

At the end of each accounting period, the elements of the income statements which are the revenues earned and the expenses incurred are usually closed to the income summary account.

The revenue earned which is normally a credit balance is closed by debiting the account and crediting the income summary. The expenses are closed by crediting the account and debiting the income summary.

Hence if Fees Earned, $750, and Rent Revenue, $175,

Total revenue = $750 + $175

= $925

6 0
3 years ago
What is a target market?
Nonamiya [84]
The sales goals. That's it
5 0
4 years ago
Read 2 more answers
able sold to both the low and high tech segments last year, and marketing predicts able will have the same market share next yea
OverLord2011 [107]

Able sold to both the low and high-tech segments last year, and marketing predicts able will have the same market share next year. 1,841 units would you forecast for able.

Marketing describes the actions a business does to encourage the purchase or sale of a good or service. Advertising, selling, and delivering goods to customers or other firms are all included in marketing. Affiliates perform some marketing on behalf of a business.

Advertising is one of the primary methods used by marketing and promotion specialists to capture the interest of important target markets. Targeted promotions may include celebrity endorsements, memorable slogans or taglines, eye-catching packaging or graphic designs, and general media exposure.

Learn more about marketing here:

brainly.com/question/13414268

#SPJ4

7 0
2 years ago
An economy is operating at an output level below potential real GDP. If the government wishes to use fiscal policy to bring the
Ganezh [65]

Answer:

The answer is B. increase its spending.

Explanation:

Fiscal policy is a tool used by the government of every nation to control its economy. It uses its spending and revenue (tax) to control it.

When the economy is operating at an output level below potential real GDP, it means there are low activities in the economy i.e reduced households' consumption, reduced business investments and reduced government spending.

Government can stimulate the economy (which will increase real GDP) by increasing its spending in all areas.

Increasing taxes will reduce GDP because households' consumption will reduce due to lower disposable income and business investments too will reduce.

Option A and D are wrong because money supply is a monetary policy.

7 0
3 years ago
Other questions:
  • A firm has a debt-to-equity ratio of 1.0. If it had no debt, its cost of equity would be 12 percent. Its cost of debt is 9 perce
    11·1 answer
  • You go to a local car lot and buy a used car as is. After you have driven only a few miles, the check-engine light flashes urgen
    14·1 answer
  • Calculate the present value of the given stream of cash flows using the given discount rate. The present value you find is betwe
    9·1 answer
  • Suppose the marginal propensity to consume is equal to 0.75. If the government lowers tax rates and tax revenue falls by $100 mi
    5·1 answer
  • If the marginal propensity to consume (mpc) is 0.9, the spending multiplier is _____, the tax multiplier is ______, and the bala
    12·1 answer
  • Jeanne is 54 years old. She had worked as a medical research librarian for ten years before quitting in her late forties. She wa
    9·1 answer
  • If sales are $400,000, variable costs are 75% of sales, and operating income is $40,000, what is the operating leverage
    6·1 answer
  • Suppose the quantity of burgers is measured on the horizontal axis and the quantity of bags of French fries is measured on the v
    12·1 answer
  • A history is an interview of the patient that includes the following elements:
    14·2 answers
  • What type of pricing objective would an organization use if it were in a favorable position and desired nothing more
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!