The ending balance in the cash account for the month of july is 25,000
Answer:
metro area in the north
Explanation:
more business and big cities like new york (just an example)
An increase in demand and a decrease in supply will cause an increase in equilibrium price, but the effect on equilibrium quantity cannot be detennined
<h3>What is
equilibrium price?</h3>
In economics, economic equilibrium is a state in which economic forces such as supply and demand are balanced and the values of economic variables do not change in the absence of external influences.
Equilibrium is the economic condition in which market demand and market supply are equal to each other, resulting in price stability. Normally, when the supply of goods and services exceeds the demand over time, the price falls, resulting in more demand.
Microeconomic and macroeconomic equilibrium are two types of economic equilibrium. Supply and demand between buyers and sellers are balanced in microeconomics. An economy achieves aggregate demand and aggregate supply balance through macroeconomics. Competitive prices are an essential component of the theory.
To know more about equilibrium price follow the link:
brainly.com/question/22569960
#SPJ4
Answer:
(b) Social, and economic dimension
Explanation:
The dimensions of a business environment refers to the various factors that must be taken into consideration so as to have a sustainable business in a particular environment. These factors include the economic, legal, social, technological and political policies guiding a particular environment. If these factors are disregarded, the business can easily crumble.
In the question above, social factors that involve the incorporation of norms, values, beliefs, traditions, impact, and social trends ensures the smooth running of the business.
In the economic dimension, economic policies and systems that include taxes, interest rates, unemployment rate, stock market indices, etc. play a key role in the success of the business.
