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Alexandra [31]
2 years ago
12

In a free market setting where quantity supplied is 40 units and quantity demanded is 50 units, price will:

Business
1 answer:
zvonat [6]2 years ago
4 0

Answer: Increase

Explanation:

According to the Law of Supply and Demand, If the demand for the good is higher than the supply, the price will be higher to reflect the relative scarcity and if the demand is lower than supply, the price will be lower to reflect the relative excess.

In this case the quantity demanded is higher than the quantity supplied so the price will have to increase to reflect the relative scarcity of the good.

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The researchers solicited customers of dealerships located in diverse markets, selling a variety of brands, and operating as bot
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The word that comes in the blank space is; "sample".
<span>These customers represent the sample used in the study.</span>
5 0
3 years ago
which account option features a note issued by a bank to a depositor for funds placed for a set period? certificate of deposit c
SashulF [63]

An account option which features a note that is issued by a bank to a depositor for funds placed for a set period of time is; A. certificate of deposit.

<h3>What is a certificate of deposit (CD)?</h3>

A certificate of deposit (CD) can be defined as a secured form of time-bound deposit and a special low-risk savings account that is typically issued by a financial institution (bank) to its customers, wherein an amount of money (lump-sum) are left with the bank for a specific period of time, in exchange for an interest rate premium.

This ultimately implies that, a certificate of deposit (CD) pays a higher interest rate to its holder than other regular savings account because banks usually invest this money (lump-sum) in a business, so as to make profit.

Additionally, a bank's certificate of deposit (CD) is protected and insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000, so it's somewhat safer than other investment options.

In this context, we can reasonably infer and logically deduce that a savings account option which features a note that is issued by a financial institution (bank) to a depositor for funds that are placed for a set period of time is referred to as a certificate of deposit.

Read more on certificate of deposit here: brainly.com/question/28190396

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6 0
1 year ago
Governments often implement price ceilings to protect consumers from the high prices of essential goods and services that freque
algol13

Price ceiling are measure employed by government to help the consumers by mandating a maximum price that the seller must charge for a product or service.

  • The measure of imposing price in market are rare but are notably used during natural disasters.

  • Price ceiling helps to prevent the producers from exploiting the consumers.

In conclusion, the major disadvantage of price ceiling is that when a price ceiling is set below the equilibrium price, the quantity demanded will exceed quantity supplied, thus, this will result to excess demand of goods and shortage in the market.

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7 0
3 years ago
Why do governments regulate natural monopolies? To allow only certain consumers to have access to goods and services To have acc
Sav [38]
The answer to this would be the 4th option. Because monopolies allow businesses to compete against each other for profit and reputation. Without monopolies, people would only choose one company over the other because it just is more superior. Monopolies is what make businesses grow, and unfortunately, they aren't a good thing at times.
3 0
3 years ago
Read 2 more answers
Which function of the management process requires a manager to establish goals and standards and to develop rules and procedures
Mama L [17]

Answer:

The planning function of management includes establishing goals and standards, developing rules and procedures, and developing plans and forecasting

Explanation:

Planning is the function of management that involves setting objectives and determining a course of action for achieving those objectives.

7 0
3 years ago
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