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2 years ago

There will be a lower equilibrium price and higher quantity if _____.

Business

1 answer:

77julia77 [94]2 years ago

3 0

Answer: A) supply increases and demand stays the same

Check out the diagram below. The curves S1 and D1 are the original supply and demand curves for some product. If we shift S1 to the right, we get some new curve S2. This is increasing supply. Keeping D1 the same means that the equilibrium price slides down and the quantity goes up.

In short, we have more stuff in the market, and each of those items is cheaper.

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What are some business plan questions

inysia [295]

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3 0

2 years ago

Brown Company manufactures luggage sets. Brown sells its luggage sets to department stores. Brown expects to sel 1,700 luggage s

Svetradugi [14.3K]

Answer:

sales budget for January and February are given below

Explanation:

given data

luggage sets = 1700

sell = $180 each

luggage sets = 2050

sell = $180

to find out

sales budget for January and February

solution

Sales Budget

January February

Budgeted luggage sets to be sold 1,700 2,050

Sales price per unit 180 180

total sales 306000 369000

here sale is sold Budgeted luggage × Sales price

3 0

2 years ago

If a corporation is found guilty of committing a crime and assessed a fine, who typically ends up being punished?

Afina-wow [57]

Answer:

Option (A)

Explanation:

If a corporation is found guilty of committed a crime. Then the corporation likely to face a hefty fines for committing a crime. This means the owners of the corporation and its stake holders are responsible for this crime if any of the employee of the corporation commits a crime. Hence at last the owners of the corporation and the stake holders are end up being punished.

5 0

2 years ago

Student loans, car loans, and housing loans are good examples of

vivado [14]

Long term liabilities

3 0

2 years ago

The application of multiple regression analysis to a data set yields an F statistic that is highly significant and t ratios that

dolphi86 [110]

Answer:

(B) multicollinearity is present.

Explanation:

Multicollinearity -

It is the process where , one of the predictor variable in the multiple regression model can be linearly predicted from the others with the substantial degree of accuracy , is known as multicollinearity or collinearity .

<u>In this case , the coefficient estimated of the multiple regression can change erratically for even a small change in the model .</u>

hence , from the question , the indication is of (B) multicollinearity is present .

6 0

2 years ago