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2 years ago

The situation where the quantity supplied of a good is greater than the quantity demanded at

Business

1 answer:

aliina [53]2 years ago

8 0

Answer:

Excess supply

Explanation:

Demand is the quantity required or requested by buyers while supply is the quantity of a good that a producer is able to supply to the buyer.

When demand is equal to supply there is equilibrium and no excess in demand or supply.

However when the amount supplied exceeds the demand for a product there will be excess product in the market. This is called excess supply.

Conversely when the quantity demanded is more than that supplied it is excess demand

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John Wiggins is considering the purchase of a small restaurant. The purchase price listed by the seller is $890,000. John has us

Phantasy [73]

Answer:

$763,057

Explanation:

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Cash flow in year 1-6 = $89,000

Cash flow in year 7 = 79,000

Cash flow in year 8 = 69,000

Cash flow in year 9= 59,000

Cash flow in year 10 = 49,000 + $790,000 = 839,000

I = 11%

Present value = $763,057

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

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3 years ago

Allocative efficiency is concerned with :_________.

Digiron [165]

A) Producing the combination of goods most desired by society

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3 years ago

You are the General Manager of a regional chemical company. In the course of producing your bulk chemicals, large amount of part

34kurt

Answer:

The answer is explained below

Explanation:

The companies board of directors as well as you would consider whether it is best to install the scubber system. When determining whether to install the scubber system both short and long term consequences are to be considered. If presently, the level of pollution is legal, you need to consider if in the future it would be legal? if the installation of the scubber system would affect the public relations of the company. After considering all this, it would be better to install because the pollution can lead to death, and the neighborhood can sue the company. Also the EPA regulations can be regulated.

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3 years ago

ERP success depends on several key factors being met. These factors include all of the following except _________. Select one: a

bonufazy [111]

Answer:

a. Minimize change for workers

Explanation:

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<em>An ERP software system can also integrate planning, purchasing inventory, sales, marketing, finance, human resources, and more of any given business enterprise.</em>

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3 years ago

To ensure that work gets done, Jonah engages in initiating structure by assigning tasks to members of his department, creating s

pashok25 [27]

The answer is motivating everyone to do a good job by promoting organizational goals

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3 years ago