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
hoa [83]
3 years ago
7

Using the Supply and Demand data below, graph the equilibrium price and quantity for the market for oats. Identify the equilibri

um price and quantity. (DO NOT list every price and quantity in your graph.)
Price

Quantity demanded

(bushels of oats)



Price

Quantity supplied

(bushels of oats)

$4.40

10,000

$4.40

40,000

4.20

15,000

4.20

35,000

4.00

20,000

4.00

30,000

3.80

25,000

3.80

25,000

3.60

30,000

3.60

20,000

3.20

35,000

3.20

15,000





Equilibrium Price $
Equilibrium Quantity



Describe the market at a price of $4.20.

At $4.20, there is a (select wither Shortage or Surplus)
of (state a numerical value)
units.



Describe the market at a price of $3.60

At $3.60, there is a (select wither Shortage or Surplus)
of (state a numerical value)
units.



Describe the market at a price of $3.20

At $3.20, there is a (select wither Shortage or Surplus)
of (state a numerical value)
units.
Business
1 answer:
ladessa [460]3 years ago
7 0

Answer:

Id say probably 46 for this one

Explanation:

just took the test

You might be interested in
Debbie sells fancy apples at the farmer's market each saturday. a dozen apples sell for $25. debbie pays $1.75 for each apple. w
marishachu [46]
33 cents or 0.33 dolars
6 0
3 years ago
If the price index has a value of 122 then the inflation rate during the past year was 22%. True or False
Lyrx [107]
If I am correct it is true
8 0
3 years ago
Red Builders agrees to construct a new building for Blue Co. for a total contract price of $6,000,000. The estimated constructio
Evgesh-ka [11]

Answer: $300,000

Explanation:

Total expected costs = cost incurred to date + estimated cost to complete

                                   = 1,200,000 + 3,600,000

                                   = 4,800,000

Percentage of completion=\frac{Cost\ incurred\ to\ date}{Total\ expected\ cost}\times 100

Percentage of completion=\frac{1,200,000}{4,800,000}\times 100

                                                 = 0.25

                                                 = 25%

Profit = contract revenue - Total expected costs

         = $6,000,000 - 4,800,000

         = $1,200,000

Cumulative gross profit = Profit × Percentage of completion

                                       = $1,200,000 × 0.25

                                       = $300,000

Therefore, Red Builders should have recognized profit at the end of year 1 in the amount of $300,000.

4 0
3 years ago
During​ December, LafertyLaferty designed a landscape plan and the client prepaid $ 8 comma 000$8,000. LafertyLaferty recorded t
liubo4ka [24]

Answer:

The answer is:

Dr Unearned Service Revenue 4,800

Cr Service Revenue 4,800

Explanation:

Since Laferty completed 60% of the landscape plan during this year, they should record $4,800 as earned revenue ($8,000 x 60%), while the remaining $3,200 should stay as unearned revenue. The journal entries should be as follows:

Dr Unearned Service Revenue 4,800

Cr Service Revenue 4,800

5 0
2 years ago
Ken Young and Kim Sherwood organized Reader Direct as a corporation; each contributed $49,000 cash to start the business and rec
Keith_Richards [23]
English please

Reason: thats too freaking much .
8 0
2 years ago
Other questions:
  • The probability of incurring bankruptcy increases as a firm's debt/equity ratio decreases. false true
    10·1 answer
  • Also for business class polling: why don't people like selena gomez, gigi hadid and taylor swift
    7·2 answers
  • Financial objectives ________.a. relate to target outcomes that indicate a company is strengthening its market standing, competi
    5·1 answer
  • Multiple Production Department Factory Overhead Rates
    9·1 answer
  • The Camino Real Landfill was required to install a plastic liner to prevent leachate from migrating into the groundwater. The fi
    9·1 answer
  • Other things the same, a decrease in the price level causes real wealth to a. fall, interest rates to fall, and the dollar to ap
    13·1 answer
  • When the demand curve for a good is unit elastic, raising the price of the good by 25 percent will change the revenue of the fir
    6·1 answer
  • The Wildhorse Company has disclosed the following financial information in its annual reports for the period ending March 31, 20
    7·1 answer
  • Question 511 pts Advertising, personal selling, publicity, and sales promotion are collectively known as the Group of answer cho
    14·1 answer
  • Opportunity costs are classified as ____ costs in project analysis. multiple choice question. irrelevant sunk relevant intangibl
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!