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4 years ago

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

Business

1 answer:

77julia77 [94]4 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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Which level of management sets general policies, formulates strategies, approves all significant decisions, and represents th

qwelly [4]

Answer: Top managers.

Explanation: Top managers examples are board of directors, president, vice-president, and CEO. These managers are duly responsible for controlling and overseeing the entire organization. They set and develop goals, strategic plans, company policies, and make decisions on the direction of the business. These top managers are responsible for controlling and overseeing the entire organization with the aim of achieving organization goals.

5 0

3 years ago

Can you explain how I can get the surplus?

notsponge [240]

Answer:

The answer is "6".

Explanation:

Using formula:

$\text{Producer surplus= Actual Price- Minimum Acceptable Price}\\\\$

$=13-7\\\\=6$

8 0

3 years ago

Activity-based costing uses one plantwide pool and numerous cost drivers departmental pools and a single cost driver. numerous c

kipiarov [429]

Answer:

numerous cost pools and numerous cost drivers

Explanation:

Costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.

In Financial accounting, one of the most widely used activity-based costing technique is the time-driven activity-based costing.

Time-driven activity-based costing (TDABC) avails business owners the opportunity of reporting their costs on an ongoing basis (real time) which give details about the various cost of doing business, as well as the time spent on them respectively.

Cost pool is simply the amount of money spent by a firm on a particular activity.

Generally, an activity-based costing uses numerous cost pools such as manufacturing cost or customer services and numerous cost drivers such as direct labor hours worked, number of changes used in engineering department, etc.

6 0

3 years ago

What is happening to the economy in the United States? Why?

Kruka [31]

Answer:

It's the end of the world Economy as they say .. we are going threw a serious crisis but this virus was been around just wasn't as bad .

Explanation:

5 0

3 years ago

If finance charges are not assessed on new credit card transactions during the period between the posting date and the due date,

Advocard [28]

The period between the posting date and the due date, this period is called the grace period. In this period the finance charges are not assessed on new credit card.

<h3>What is grace period?</h3>

A grace period is a period of time after the due date during which payment can be made without incurring any penalties. In most mortgage loan and insurance arrangements, a grace period of 15 days is included.

A grace period allows a borrower or insurance client to postpone payment for a certain time after the due date has passed.

Thus, grace period is the period between the posting date and due date.

For further details about grace period, click here:

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7 0

3 years ago