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svetoff [14.1K]
3 years ago
9

Suppose a market is initially in equilibrium and demand decreases. The producer surplus will:_____.

Business
1 answer:
ladessa [460]3 years ago
6 0

Answer:

c. be lower since the price is lower and equilibrium moves down along the supply curve.

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A restaurant runs a special promotion on lobster and plans to sell twice as many lobsters as usual. When this large order is sen
horrorfan [7]

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The correct answer is B) the bullwhip effect.

Explanation:

The bullwhip effect is a phenomenon observed in distribution channels. It refers to a trend of larger and larger changes in inventory in response to changes in customer demand, when one looks at companies at the back of the supply chain for a product. The concept first appeared in Jay Forrester Industrial Dynamics (1961) and is therefore also known as the Forrester effect Since the magnification of the oscillating demand uphill of a supply chain is reminiscent of the cracks of a whip, it was known as the effect bullwhip.

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4 years ago
What is the goal of retailers?
Scilla [17]

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the retailer’s main function is to provide merchandise in the right quality, quantity, price, time, and at the right place. The first task that a retailer has to perform is to identify the consumer needs and wants.

Explanation:

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Explanation:

"Owning and running your own business can be more satisfying and fulfilling than working for someone else. Many successful small business owners find they enjoy the respect they earn from their peers for having the courage to go out on their own. Power. Don't be surprised if power is one of your goals."

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4 years ago
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What's one reason that buyers might need additional cash at closing for a short sale?
Ugo [173]

Short sales don't clear liens from the title, so buyers may have to pay debts at closing.

A short sale affects whilst a vendor would not obtain sufficient coins from a buyer to pay off their mortgages. The seller may want to have paid or borrowed an excessive amount for the assets. The housing marketplace may have dropped, so its honest marketplace price is much less than the modern-day loan stability.

A short sale is when a mortgage lender has the same opinion to accept a loan payoff quantity less than what's owed with the purpose to facilitate a sale of the property by a financially distressed owner. The lender forgives the remaining stability of the mortgage.

A short sale comes with quite some catches. There are extra parties involved than a standard sale making the system complex and often lengthy. In a conventional home sale, price negotiations show up among the consumer and vendor (or their representatives), now not the seller's bank.

Learn more about the short sales here: brainly.com/question/25743891

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2 years ago
(Cosmetology)
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Answer:

true

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