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olasank [31]
3 years ago
7

There will be a lower equilibrium price and quantity if

Business
1 answer:
denis23 [38]3 years ago
8 0

Answer: demand decreases and supply stays the same

Explanation:

The equilibrium price refers to the price whereby the quantity of goods that's demanded and the quantity of goods that's supplied is equal.

On the other hand, the equilibrium quantity is gotten when the quantity of goods demanded and supplied are equal. This is gotten when the demand curve and the supply curve intersects.

It should be noted that there will be a lower equilibrium price and quantity if

In a situation whereby the demand increases and the supply remains the same, the equilibrium quantity and the equilibrium price will increase and vice versa.

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___________ is the senior-most executive in the enterprise responsible for IT vision and leadership for IT initiatives.
Oksanka [162]

Answer:

chief information officer

Explanation:

Chief information officer (CIO) is an executive job title commonly given to the person at an enterprise in charge of information technology (IT) strategy and the computer systems required to support the organization's unique objectives and goals.

7 0
3 years ago
Pierce Company incurred $150,000 of research and development costs in its laboratory to develop a new product. It spent $20,000
mr Goodwill [35]

Answer:

A. $35,000

Explanation:

The first $150,000 were invested in research and development of the product itself, not the patent. Thus, this amount should be debited to research and development expenses.

The only expenses directly related to the patent itself are the $20,000 spent on legal fees on January 2, 2017, and the $15,000 for legal fees in a successful defense of the patent on July 31, 2017.

Therefore, the total amount that should be debited to Patents (P) is:

P = $20,000 + $15,000 = $35,000

8 0
4 years ago
Which leadership skill do you feel is most important for a small business to succeed for a
tensa zangetsu [6.8K]
In my opinion, reliability and consistency are two of the most important leadership skills for a small business to succeed for a long time. With these two characteristics a small business can build a returning customer base as well as a good rating on review websites. For example, many local barbershops provide consistent quality haircuts which builds reliability and in turn demand and returning customers.
4 0
2 years ago
An account is a record of increases and in a specific asset, liability, equity, revenue or expense.
Marianna [84]

An account is a record of every transaction, whether it increases or decreases the value of a specific asset, liability, equity, revenue, or expense.

<h3>What is an account?</h3>

An Account is a systematic way to record all the necessary transactions relating to a specific asset, liability, equity, revenue, or expense.

An account contains all types of transactions, whether related to financial or non-financial.

Thus, an account records all types of transactions that will increase or decrease the value of the specific asset, liability, equity, revenue, and expense.

Learn more about the Account here:

brainly.com/question/22917325

#SPJ1

4 0
2 years ago
Savings account​ balances, small-denomination time​ deposits, and noninstitutional money market fund shares are A. included in b
Natalija [7]

Answer: included only in M2

Explanation: because M2 includes savings accounts, small-denomination time deposits (such as

certificates of deposit (CDs)), money market deposit accounts in banks, and noninstitutional money

market fund shares.

5 0
3 years ago
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