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salantis [7]
4 years ago
12

If both supply and demand decrease simultaneously, the new equilibrium price is ___________ and the new equilibrium quantity is

_____________. A. lower; lower B. lower; indeterminate C. indeterminate; higher D. indeterminate; lower
Business
1 answer:
Artyom0805 [142]4 years ago
6 0

Answer:

Option (D) is correct.

Explanation:

If there is a fall in both the supply and demand for a commodity then as a result there is a leftward shift in both the curves. This leftward shift in both the curves, decreases the equilibrium quantity and impact of this shift is indeterminate for equilibrium price because we don't know the magnitude of the shifts of demand and supply curve.

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Blanche, a salesperson for Custom Restaurant Equipment, Inc., shows Dylan, a buyer for Eat n’ Dine Company, display items in Cus
MakcuM [25]

Answer:

a. ​an express warranty.

Explanation:

An express warranty -

It is the insurity given by the seller in order to give the replacement or repairs for any of the faulty product or services , within a particular time frame after purchasing the product , is known as an express warranty .

It helps to make sure about the product the buyer have purchased and for any repairs in the future .

Hence , from the question , the example shown is about an express warranty .  

6 0
3 years ago
Kyle plans to punch patrick. he calls patrick and tells him he will punch him tomorrow at 4:00 pm. at 2:00 pm the next day, kyle
stepan [7]
<span>Technically, Kyle lied to Patrick about the time at which he would punch him. However, there is no contract to prove that this was what was said on the phone (heresay). Additionally, it does not mention that there was any sort of agreement or consideration made between the two of them regarding this. And even if there was, there might be a legality issue due to the fact that punching is both assault and battery when committed on a person, so the contract may not even be enforceable. In terms of civil torts, Kyle didn't really commit anything that is pursuable in court, but did commit battery and assault. If Patrick fell or hit his head further and was injured/killed, he would be liable for an involuntary action, of which would be manslaughter if Patrick died. He would also be able to be sued for wrongful death by Patrick's family.</span>
3 0
3 years ago
Read 2 more answers
"​A complete supply chain dedicated to the reverse flow of products and materials for the purpose of​ returns, repair,​ remanufa
Sliva [168]

Answer:

C or D

Explanation:

Packaging systems or Reverse logistics systems.

5 0
3 years ago
DECA is a CTSO for
Rina8888 [55]

DECA stands for Distributive Education Clubs of America and it is a CTSO (Career and Technical Student Organization). A CTSO’s purpose is to provide co-curricular opportunities for students to receive career and technical education support to enhance their learning experience. DECA specifically focuses on preparing students in four career clusters: Business Management & Administration, Finance, Hospitality & Tourism, and Marketing.

Thus, the answer to the question is marketing students.

8 0
3 years ago
QUESTION 17
LuckyWell [14K]

Answer:

O D. $24.000​

Explanation:

Under the straight-line depreciation method, the depreciation amount is a  constant figure throughout the life of an asset. It means that every year, the amount charged as depreciation is the same throughout the life of the asset.

For the stone pizza, the depreciation per year is $8000. In three years, the amount of accumulated depreciation will be $8000 multiplied by three years.

=$8000 x 3 years

=$24,000

7 0
3 years ago
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