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disa [49]
3 years ago
6

Suppose the market for hamburgers is unregulated. that is, hamburger prices are free to adjust based on the forces of supply and

demand. if a shortage exists in the hamburger market, then the current price must be
Business
1 answer:
vredina [299]3 years ago
3 0

Answer: Lower

Explanation: A shortage occurs when there are less available in the market. When the current price is less than the equilibrium price, the demand for the good is greater than the supply for the good. When demand is more than supply, the buyers are unable to get the goods they want. Thus, there is a shortage in the market.  

Thus, if a shortage exists in the hamburger market, then the current price must be <em>lower </em>than the equilibrium price.  

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A contact manager is a software program that allows users to easily store and retrieve contact information such as names, addresses, and phone numbers. These are contact-centric databases that provide a fully integrated approach to tracking all contact-related information and communication activity.

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4 0
1 year ago
Nutrimax, a sports foods manufacturer, has recently expanded its operations to different countries. the company has realized tha
Lilit [14]
Nutrimax is most likely using LOCALIZATION strategy. Localization strategy involves adapting a product or service to a particular locality or market. The product or service is usually adjusted to accommodate the locality language, culture, political views, legal aspects, etc.
8 0
3 years ago
a black female employee is told that she cannot come to work with her hair in a decorative braids traditionally worn in Africa,
sammy [17]

Answer:

Yes

Explanation:

Discrimination

5 0
3 years ago
Which of the following accurately describes a shortage?
Black_prince [1.1K]
A.) Consumer demand for a certain car is greater than the number of cars that can be produced.
6 0
3 years ago
An investor deposits 50 in an investment account on January 1. The following summarizes the activity in the account during the y
ANTONII [103]

Answer:

236.25

Explanation:

Calculation to determine X

First step is to calculate the 6 months Yield

6 month Yield=(40/40+20) (80/40+20) (157.60/80+80)+1)

6 month Yield=(40/60) (80/60) (157.60/160)-1

6 month Yield=5%

Second step is to calculate the Annual equivalent

Annual equivalent=(1.05)^2-1

Annual equivalent=10.25%

Third step is to calculate the 1 year yield

1 year yield=(40/50) (80/40+20) (175/80+80) (x/175+75)

1 year yield=(40/50) (80/60) (175/160) (x/250)-1

1 year yield=0.1025

Now Let calculate X

x(0.004667)=1+.1025

x(0.004667)=1.1025

x=1.1025/0.004667

x=236.25

Therefore X is 236.25

7 0
2 years ago
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