1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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!

You might be interested in
The sticky-price theory helps explain what feature of the aggregate demand and aggregate supply model?
zhuklara [117]

Answer:

The stick price theory helps to explain the upward sloping shape of the aggregate supply curve.

Explanation:

The price tends to be sticky for a number of reasons.  

  1. Firms will need to incur menu costs if they constantly change prices
  2. Frequent change in prices may annoy the customers
  3. The wage rates remain the same even after change in price because the  wages are based on contracts

The short-run aggregate supply curve is upward sloping because of the stickiness of price, there is a positive and direct relationship between output and price. Due to the high expected price level in the short run, the firms will expect the input prices to rise along with an increase in the product price.  

To counter the increase in inputs price, the product price is kept high. The higher price provides motivation to produce more. That's why the short-run aggregate supply curve is upward sloping.

7 0
3 years ago
​in simone's selling a 300-acre farm to rural investments, inc., she tells the buyer that the land "will be worth twice as much
Alekssandra [29.7K]
If Simone tells Rural Investments Inc. that the land she is trying to sell them will be worth twice a much next year she is giving an estimate or an opinion of that. There is not factual evidence presented to state that the 300-acre farm is going to be worth more in upcoming years. The farm can also depreciate and lose value, so there is no way to truly know until it comes time to sell the land. 
6 0
3 years ago
A market research firm is studying the effects of price and type of packaging on sales of a particular product. Twenty-seven sto
Readme [11.4K]

d. A randomized block design use packaging as a block. Randomly assign the nine combinations of three price levels and three packaging types, using combination

By utilising a randomised block design, market research can improve the accuracy of the study's findings. RBD The market research firm should conduct the study using the following design:

In a randomised block design, or RBD, experimental units are divided into equal-sized groups or blocks, and each group is then assigned a treatment at random. The information is shielded from outside influences in this way.

In essence, an RBD is a method for organising every possible combination of variables in order to minimise outside errors. Think of the RBD as a building with floors and apartments, with each combination of elements representing a floor.

Learn more about randomized block here:

brainly.com/question/14499443

#SPJ4

8 0
1 year ago
Rock industries allocates manufacturing overhead based on direct labor cost. any overallocated or underallocated overhead is clo
Butoxors [25]

Answer:

Note: The full question is attached as picture below

Overhead Cost of one Month = Total Overhead Cost  / 12 Month

Overhead Cost of one Month = $403,200 / 12 month

Overhead Cost of one Month = $33,600

So, Overhead Chargeable Per Month is $33,600

PARTICULARS                                      AMOUNT

Direct Materials                                     $26,000

Direct Labor                                           $21,000

Manufacturing overhead Applied        <u>$33,600</u>

Total Manufacturing Expenses           $80,600

Less: Job Work in Process      

Direct Materials                                       $3,000

Direct Labor                                             $1,500

Cost of Goods Sold before proration  $76,100

of over or under allocated overhead

6 0
2 years ago
Diane would like to use social media for her fresh produce market. Which of these will most likely engage social media users
mafiozo [28]

Answer:

Talk About Your Topic (Not Just Your Brand) ...

Join Question & Answer Sessions. ...

Share Other People's Content. ...

5. Make Your Posts Visual. ...

Add Relevant Hashtags (#) to Your Posts. ...

Create Polls & Surveys. ...

Run Contests and Giveaways. ...

Post Frequently (and at optimal times)

Explanation:

8 0
3 years ago
Other questions:
  • Paul White, the CFO of Crane Automotive, Inc., is putting together this year's financial statements. He has gathered the followi
    7·1 answer
  • A company will begin stocking remote control devices. expected monthly demand is 800 units. the controllers can be purchased fro
    5·1 answer
  • The pita pit borrowed $192,000 on november 1, 2018, and signed a six-month note bearing interest at 12%. principal and interest
    13·1 answer
  • If the agreement between Elijah and the Canadian buyer was never written down, could Elijah be liable to the Canadian buyer for
    10·1 answer
  • Assume that atlanta co. is producing motorcycles and selling them to u.s. customers. atlanta co. obtains all of its supplies fro
    9·1 answer
  • List the 6 factors that cause a shift in demand
    5·1 answer
  • Supervisors who allow their rating in one area to influence their rating in another area on performanceappraisals are susceptibl
    5·1 answer
  • Cricket Corp. issued, without consideration, rights allowing stockholders to subscribe for additional shares at an amount greate
    14·1 answer
  • Suppose the economy is experiencing an output gap of –3%. a. Select each response that indicates how monetary policy or fiscal p
    8·1 answer
  • Which of the following policies would lead to greater productivity in the weaving industry? Check all that apply. Encouraging sa
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!