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TEA [102]
3 years ago
12

Where is market equilibrium located

Business
1 answer:
Lina20 [59]3 years ago
8 0

Answer:

B. at the intersection of supply and demand

Explanation:

Equilibrium is a market condition where there no excess or shortage in demand and supply. It is when the quantity demanded matches the quantity supplied. At equilibrium, buyers and sellers are happy with the prevailing prices.

In a graph showing the demand and supply curve, the equilibrium point is the intersection of the supply and demand curve.  

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Describe the problem faced by Plan International. What management, organization, and technology factors contributed to this prob
saw5 [17]

Answer:

Decision making problem

Explanation:

Plan international is an organisation which works in more than 71 countries around the globe. They have implemented an information system in their operation because they were facing decision-making problems before that they had to make quick decisions by just relying on decision-making skills. They had to maintain everything using paper documents, Plan International is working with children’s, communities and local and international governments to bring positive changes in people lives by providing health and education facilities.

6 0
3 years ago
Interview Notes Olivia is single, 66 years old, and not blind. She paid all the cost of keeping up her home. She earned $55,000
Sergeeva-Olga [200]

Answer:

$2000.

Explanation:

Please see attachment

3 0
3 years ago
The unemployment rate in an economy is 7.5 percent. The total population of the economy is 250 million and the size of the civil
Masteriza [31]

The number of employed workers in this economy is A. 13.5 million

Explanation:

The number of unemployed people in the economy means the percentage of people who are actively seeking employment but cannot find a job for sustenance.

Thus, the ones who are seeking a job are the only ones that can be considered here.

So, the total population cannot be considered and the pool that justifies this demographic is the total labor force which is 180 million.

And the number of unemployed people would be calculated by multiplying the percentage of them with the total labor force which would be

7.5 * 180 = 13.5 million people.

Thus 13.5 people in the force are unemployed.

5 0
4 years ago
The salesperson's objective is to begin converting a prospect into a customer by creating a desire for the product or service du
Ne4ueva [31]

Answer: Presentation.

Explanation:

The presentation stage is the stage after the approach stage of personal sales, where the marketer introduces a product to a potential buyer and tries to sell the product by listing out the qualities of that product to the buyer.

5 0
3 years ago
Merchandise accounts and computations LO C2 Kleiner Merchandising Company Accumulated depreciation $ 700 11,000 6,600 2,050 13,5
MA_775_DIABLO [31]

Answer:

The computations are shown below:

Explanation:

a. Goods available for sale is

= beginning inventory + net purchase

= $11,000 + $13,500

= $24,500

The cost of goods sold is

= Goods available for sale - ending inventory

= $24,500 - $6,600

= $17,900

The gross profit is

= Net sales - cost of goods sold

= $21,500 - $17,900

= $3,600

b. For Krug service company, the net income is

= revenue - expenses

= $26,000 - $9,700

= $16,300

For Kleiner Merchandising Company, it is

= Gross profit - expenses

= $3,600 - $2,050

= $1,550

3 0
3 years ago
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