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3 years ago

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

Business

1 answer:

iragen [17]3 years ago

4 0

Answer:

Supply decreases

Explanation:

Equilibrium is a balanced scenario where demand matches supply. At equilibrium, both sellers and buyers are happy with the current price. The market has no excess demand or supply or demand.

A decrease in supply while demand stays constant results in many customers competing for the few products in the market. There will be scarcity because the supply cannot satisfy demand. The supply curve shifts outwards or to the right resulting in a new and higher equilibrium point. The price will increase while the quantity supplied declines.

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Which of the following is NOT an advantage of human-centered design thinking?

yKpoI14uk [10]

Answer:

The correct option is;

d) It allows a single entrepreneur to bring their favorite ideas to market

Explanation:

Human-centered design is a methodology applied to the resolution of problems that are associated with product design and framework of management that makes the thinking mindset for the development of problems solution of having the human standpoint to be included in all the steps involved in solving the problem in order to ensure usefulness of the solution to the people it is meant to benefit.

6 0

3 years ago

Charles Johnson has to make a deposit in his savings account. He has one $20 bill, two $5 dollar bills, seven $1 bills, six quar

ivolga24 [154]

Answer:

Total deposit is $39

Explanation:

Given

$\$20\ bills = 1$

$\$5\ bills = 2$

$\$1\ bills = 7$

$Quarters = 6$

$Dimes = 5$

Required

Determine the total

To do this, we simply multiply each dollar bill or coin with its frequency and add up the results.

i.e.

$Total = 1 * \$20 + 2 * \$5 + 7 * \$1 + 6 * Quarters + 5 * Dimes$

$Total = \$37 + 6 * Quarters + 5 * Dimes$

$1\ quarter = \$0.25$

$1\ dime = \$0.1$

So:

$Total = \$37 + 6 * \$0.25+ 5 * \$0.1$

$Total = \$37 + \$2$

$Total = \$39$

8 0

3 years ago

Suppose that you observe a market with four firms, each with about 25% market share. What does it suggest about the following at

emmasim [6.3K]

level of differentiation across the firm's offerings

Answer: Option C.

Explanation:

Differentiation are the differences that a firm might offer to his customers and clients. These differences make the firms different from each other which exist in the market.

More different and innovative practices that a firm has compared to the competitors, more successful it would be in the market and would have more customers attracted towards it because of the innovation and the differentiation.

8 0

3 years ago

By 1990, ____________ began receiving significant numbers of idiosyncratic and novel fonts from outside designers. recognizing t

anastassius [24]

The correct answer is: " Émigré Fonts " .
_________________________________________________________
"By 1990, Émigré Fonts  began receiving significant numbers of idiosyncratic and novel fonts from outside designers. recognizing the originality of many of these submissions, partners Zuzana Licko and Rudy Vanderlans began to license and distribute the designs."
________________________________________________________

3 0

3 years ago

Aztec Company reports current E&P of $200,000 in 20 X 3 and accumulated E&P at the beginning of the year of negative $10

kondaur [170]

Answer:

How much of the distribution is treated as a dividend in 20X3?

100000

Explanation:

E&P CURRENT 200000

E&P ACCUMULATE -100000

Dividend 100000

3 0

3 years ago