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
Alik [6]
2 years ago
5

Use the table below to answer the question. Price Quantity Supplied of T-shirts Quantity Demanded of T-shirts $5 0 300 $10 100 1

00 $25 300 50 $50 400 0 The equilibrium price for T-shirts is _____. $5 $10 $25
Business
1 answer:
kap26 [50]2 years ago
4 0

Answer:

The equilibrium price for T-shirts is $10

Explanation:

The equilibrium price refers to the price at which the quantity demanded equals quantity supplied as an equilibrium is a point where the market demand is met by market supply at a certain price. We can see that at price $5, the market is willing to supply 0 T-Shirts while the quantity demanded at this price is 300. However, at price $10, the market is supplied with 100 T-Shirts and the quantity demanded in market at this price is also 100. Thus the market is in equilibrium when price is $10.

You might be interested in
What is Interpersonal skill in business<br> management ?
Katen [24]

are the behaviors and tactics a person uses to interact with others effectively in the business world the team refers to an employees ability to work well with others Explanation:

8 0
3 years ago
Legislates and enforces regulations that
Nikolay [14]

Answer:

Environmental Protection Agency

Explanation:

Out of all of the choices, the Environmental Protection Agency is the only administration that focuses on the protection of the environment, which would include the reduction of pollution, through protecting the air, water, and land.

OSHA and the FDA work to protect consumers and people in the workforce.

The SEC works with small businesses and investors.

8 0
3 years ago
One common system for computing a grade point average​ (gpa) assigns 4 points to an​ a, 3 points to a​ b, 2 points to a​ c, 1 po
larisa86 [58]
Receiving an 'E' will not give you any point average.
6 0
3 years ago
Read 2 more answers
Abardeen Corporation borrowed $90,000 from the bank on October 1, 2018. The note had an 8 percent annual rate of interest and ma
Vitek1552 [10]

Answer:

$0

Explanation:

Data provided in the question

Borrowed amount from the bank = $90,000

Annual interest rate  = 8%

Maturity date = March 31, 2019

Since it is mentioned in the question that, the interest and the principal were paid in cash on the maturity date so for the amount of cash that Abardeen had to pay for 2018 interest would be zero as the principal and the interest is paid for 2018

7 0
3 years ago
On july 1, rainbow painting service borrows money from eighth national bank on a 8-month, $40,000, 5% note. interest and princip
Kobotan [32]
Given:
July 1 borrowed money from eight national bank on 8-month, 40,000, 5% note.
Interest and principal is all due on February 28 
No journal entries were made. 

Recognizing cash and notes payable.
                               Debit     Credit
Cash                      40,000
  Notes Payable                   40,000

Interest on Notes payable
Interest Expense      1,333
   Interest Payable                   1,333

Recognizing interest owed but not yet paid.

40,000 * 5% * 8/12 = 1,333

On February:
Notes Payable       40,000
Interest Payable       1,333
    Cash                                 41,333
4 0
2 years ago
Other questions:
  • Chadwick Enterprises, Inc., operates several restaurants throughout the Midwest. Three of its restaurants located in the center
    15·1 answer
  • A permanent decline in the market value of an asset is called
    7·1 answer
  • Which of the following is not part of manufacturing overhead for producing a​ computer? A. Manufacturing plant property taxes B.
    11·1 answer
  • The Crockery Pottery Company completed the flexible budget analysis for the second​ quarter, which is given below.
    14·1 answer
  • Fiji, Inc. started 2025 with $12,000 in assets and $2,500 in liabilities. Fiji had issued 50 shares of stock when it went into b
    7·1 answer
  • The _____ prohibits the transfer of personal data to non-European Union nations that do not meet the European adequacy standard
    15·1 answer
  • Identify the correct statement. Group of answer choices An increase in the price level in an economy will decrease the real GDP
    11·1 answer
  • HELP!
    10·1 answer
  • Contingency approach notion
    15·1 answer
  • Name four equipment that can be used in preparing a bill
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!