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BaLLatris [955]
3 years ago
10

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

Business
1 answer:
gtnhenbr [62]3 years ago
3 0

Answer:

An increase in demand

Explanation:

At equilibrium quantity, there is no excess or shortage in supply. The quantity supplied match with quantity supplied.  The equilibrium price is the prevailing market price where there no excess or shortage in demand or supply. At the equilibrium point, Both suppliers and buyers are happy with the current price and quantity supplied.

An increase in demand will make suppliers increase supply to meet the new high demand. As demand increases, prices tend to rise. An increase in demand, therefore, cause the equilibrium price and quantity to increase.

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Horatio can produce either a combination of 15 bird houses and 25 wind chimes or a combination of 30 bird houses and 15 wind chi
romanna [79]

Answer:

So 10 wind crimes has an opportunity cost 15 bird houses

or 1.5 per unit.

Explanation:

The opportunity cost is the cost of the goods it could been produced instead of the current output.

For the 10 wind chimes it will be the decreases in the birdhours production.

When Horatio moves to 25 from 15 wind chimes his bird house production fall to 15 from 30 Therefore, it decreases by 15

So 10 wind crimes has an opportunity cost 15 bird houses

we can do this metric by unit:

15/10 = 1.5 each additional wind chimes cost 1.5 bird house.

4 0
3 years ago
Bob's big burgers n' shakes restaurant brings a suit, seeking a remedy at law. a remedy at law is
pshichka [43]
A remedy at law is monetary damages
5 0
3 years ago
WOULD YOU RATHER...?
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4 0
3 years ago
The positioning strategy of using cost leadership or differentiation to produce a specialized product or service for a limited,
iren [92.7K]

Answer:

focus strategy

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8 0
3 years ago
Samantha Rodriguez had gross earnings for the pay period ending 10/15/19 of $5,785. Her total gross earnings as of 9/30/19 were
SpyIntel [72]

Answer:

Social Security tax due = $358.67

so correct option is C. $358.67

Explanation:

given data

gross earnings = $5,785

total gross earnings = $116,700

Social Security taxes = 6.2%

maximum earnings = $122,700 per year

to find out

Social Security tax due by her employer from her 10/15/19 paychecks

solution

we get here Social Security tax due by her employer that is express as

Social Security tax due = Social Security taxes × gross earnings   ........1

put here value we get

Social Security tax due = 6.2 % × $5785

Social Security tax due = $358.67

so correct option is C. $358.67

6 0
3 years ago
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