The forces underlying supply and demand interact to determine the market price.
<h3><u>
Explanation:</u></h3>
The persons involving in the activities of trading comprises the market system. It includes sellers, buyers and others involved in trading process. They also includes the buyers, consumers, producers who are the major players of the market system who determines the economic activity in it.
The supply and demand law is the major determinant of the production of goods and services in a market economy. The natural resources, land, capital and labor are the supplies. The purchasing power of the government, consumers and business are the demands. The forces underlying supply and demand interact to determine the market price.
Answer:
No. The classified document should not be shared with Carlos
Explanation:
Based on the information given the classified document should not be shared with Carlos because Carlos is not part of the Project X team and he does not have a "need-to-know" secondlly no one else is supposed to be given automatic access to the Secret document in my possession related to Project X or the classified information solely because the person is my superior or because of the person rank, position or security clearance.
Answer:
The price level is A) Above equilibrium.
Explanation:
Normally, every economist believe that a lower price attracts a higher demand. This is so when the behaviour of consumers are measured when choosing a product. Many consumers go for a low priced product or cheaper product over a high priced product or expensive product irrespective of quality, taste or satisfaction derived from consuming them.
Price relating to market or in terms of quantity demanded and quantity supplied is referred to as equilibrium price or equilibrium quantity. When the market price is below equilibrium, quantity supplied of a product will be less than the quantity demanded for it because the price of goods are cheaper. But when price is above equilibrium, quantity supplied will be greater than quantity demanded because the price of goods is high.
Answer:
see below
Explanation:
he farmers must have considered the ability to repay back loans when making the decision. The ability of a business to meet its current obligations is expressed by the current ratio.
The current ratio or working capital ratio communicates a firm's ability to repay debts as they become due. The higher the ratio, the better.
the current ratio is calculated as current assets/current liabilities
For Firm A,
current ratio =$150,000/ $125,000.
=1.2
For Firm B,
current ratio =$100,000/$75,000
=1.333
Firm B has a better current ratio than Firm A. Firm B is in a better position to repay loans compared to Firm A.
I don’t really know I just need points