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KiRa [710]
3 years ago
8

What is it called whenever there is no shortage or surplus in the market?

Business
2 answers:
Ratling [72]3 years ago
7 0

Answer:

Equilibrium

Explanation:

The supply of material meets the demand (intersect) of the people

ioda3 years ago
5 0

Answer:

It is called a market equilibrium or equilibrium I believe.

Explanation:

This should be the answer you're looking for.

Good luck on whatever it is you're working on!

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What is networking in business?
Svetach [21]

Networking is a socioeconomic business activity by which business people and entrepreneurs meet to form business relationships and to recognize, create, or act upon business opportunities, share information and seek potential partners for ventures.

3 0
4 years ago
Mr. and Mrs. Frazier are legally married and realized a $723,000 gain on sale of a home that had been their principal residence
alexgriva [62]

Answer: $223,000 long-term capital gain.

Explanation:

LEGALLY MARRIED couples who file a JOINT TAX RETURN, selling their Place of PRIMARY RESIDENCE are allowed to reduce by $500,000, their Long-term capital gain.

That means that Mr. and Mrs. Frazier, bless their souls, are allowed to remove $500,000 from the total $723,000 and as such recognize only $223,000 as tax consequence on long-term capital gain.

I guess Uncle Sam likes marriages.

If you need any clarification do react or comment.

4 0
3 years ago
Joni wants to know how much a pedicure cost back in 1954, when her grandmother was her age. The Consumer Price Index (CPI) in 19
ohaa [14]

Answer:

The price of pedicure in 1954 = $4.89

Explanation:

The price of pedicure in 1954 = (CPI in 1954 ÷ CPI this year) × Price today = (26.7/245.9) * $45 = $4.89

Therefore, a pedicure cost $4.89 back in 1954.

4 0
3 years ago
The activities needed to operate a business can be divided into a number of
stellarik [79]

The activities needed to operate a business can be divided into a number of three types of activities. These are operating, investing, and financing activities.

<h3>What are business activities?</h3>

Business activities can be defined as kinds of activities firms conduct for achieving their purpose. It helps in generating revenues and ensuring business continuity.

The major three types of activities are operating, investing, and financing activities. Operating activities support the entity's primary purpose. Financing deals with collecting funds for financial strength and growth. Investing activities are when a business invests in long-term assets.

Learn more about business activities here:

brainly.com/question/14254734

#SPJ1

8 0
2 years ago
Which of the following describes the difference between​ "scarcity" and​ "shortage"? A. In the economic​ sense, almost everythin
gregori [183]

Answer:

The correct answer is option A.

Explanation:

In the study of economics, all the available resources are considered to be scarce. But the shortage is referred to the situation in the market where the quantity demanded is more than the quantity supplied at the current market price.  

If the quantity supplied is more then the situation is referred to as surplus. Equilibrium is achieved when both quantity demanded and supplied are equal.

8 0
4 years ago
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