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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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Financial statement analysis: Multiple Choice is primarily used to identify account values that meet the normal standards. is li
Vedmedyk [2.9K]

Answer:

The correct answer is the third option: Provides useful information that can serve as a basis for forecasting future performance.

Explanation:

To begin with, the name of "Financial Statement Analysis" refers to a process done by the managers of a company in the field of businesses that focus primarily in the observation of the financial accounts that the organizations has in order to be able to determine better decision so that they could earn better profits in the future avoiding mistakes previously done. Therefore that this type of analysis has the purpose of providing useful information for the managers so that they can establish better ways of acting and performing in the field.

5 0
2 years ago
Full-service advertising agency refers to
sdas [7]

Answer:

An advertising agency that provides the most complete range of services including market research, media selection, copy development, artwork and production.

Explanation:

Advertising can be described as the various strategies used to create an awareness of a product to the public. The main objective of advertising is to persuade potential customers to purchase the product.

Full service advertising offers a complete range of services which include carrying out an extensive market research on the product, a good media management, excellent design and packaging of the product.

Hiring the services of full advertising agencies creates room for a team of specialists to work together inorder to boost the sales of the product. It also provides enough time for the management of an organisation to figure out new ways to strategize their business.

8 0
3 years ago
Suppose the demand for good X is given by Qd x = 10 - 2Px + Py + M. The price of good X is $1, the price of good Y is $10, and i
tekilochka [14]

Answer:

Option D.

Explanation:

The demand function for good X is

Q_x^d=10-2P_X+P_Y+M

where, P_X is price of good X, P_Y is price of good Y and M is income.

It is given that the price of good X is $1, the price of good Y is $10, and income is $100.

Substitute P_X=1, P_Y=10 and M = 100 in the given function.

Q_x^d=10-2(1)+(10)+(100)

Q_x^d=10-2+110

Q_x^d=118

None of the statements associated with this question are correct.

Therefore, the correct option is D.

3 0
3 years ago
The substitution effect is the concept that if the price of x goes ________ , there will be an increase (shift right) to x away
oksian1 [2.3K]
The answer is right, if not are there choices
5 0
3 years ago
The basic work of managers in the hospitality industry calls for: a. Being able to perform each job in the organization and make
Tamiku [17]

Answer:

d. Making the guest welcome, making the operation run correctly, keeping control operating costs.

Explanation:

The basic work of managers in the hospitality industry calls for: Making the guest welcome, making the operation run correctly, keeping control operating costs.

The hospitality industry's backbone is comprised of customer service, it is the foundation and cornerstone of all segments of the industry. A business may focus on one or all facets of hospitality but the level of success achieved is dependent on how well the managers and staff, are serving their customers.

8 0
3 years ago
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