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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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It's called living frugally.

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3 years ago

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Which of the following statements about taxation is TRUE?

xeze [42]

Answer:

A. There is a tax rate at which tax revenues are maximized.

Explanation:

By Laffer Curve definition we can easily understand the relationship between tax rate and tax revenues. It was developed by Arthur Laffer. The Laffer Curve describes that:

with an optimal tax rate government maximizes total tax revenues

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at the left side of the curve higher tax rates decrease the incentive to work and invest. As a result this leads to to decrease in total tax revenue.

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3 years ago

When a customer is venting their anger, they will be easier to deal with if you _____.

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Answer:

A resposta correta é A. reconheça a raiva deles e deixe-os compartilhar um pouco com você.

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3 years ago

This is a function of money in which any commodity- such as gold or currency- can be saved for later use.

Zarrin [17]

I think it is Store Of Value.

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3 years ago

Silver Corporation incurred costs of $600,000 for managing the wholesale division during the year. The customer details of the c

elena-s [515]

Answer: $200,000

Explanation:

The cost will be allocated to customer Y, if a cause-effect relationship cannot be established with any cost driver will be calculated thus:

Total sales = $600,000 + $400,000 + $200,000 = $1,200,000

The percentage of Y on total sales will be:

= $400,000/$1,200,000 × 100

= 1/3 × 100

= 33.33%

Therefore, the cost that's allocated to Y will then be:

= $600,000 × 33.33%

= $600,000 × 0.3333

= $200,000

Therefore, the correct answer is $200,000

8 0

2 years ago