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Phantasy [73]
3 years ago
5

When a market is in equilibrium, the: multiple choice 1 quantity demanded equals the price. quantity demanded equals the quantit

y supplied at the market price. quantity demanded equals the quantity supplied and they both equal the price. quantity supplied equals the price. The market for cell phones reaches equilibrium because cell phone sellers have an incentive: multiple choice 2 to decrease quantity and so do cell phone consumers, so the price goes to to equilibrium. for prices to rise and some cell phone consumers will not buy at higher prices, driving the price to equilibrium. to increase quantity and so do cell phone consumers, so the price goes to to equilibrium. for prices to fall and some cell phone consumers only buy at higher prices, driving the price to equilibrium.
Business
1 answer:
Vikki [24]3 years ago
6 0

ANSWER:

2 Batteries

Explanation:

You might be interested in
Pete Morton is planning to go to graduate school in a program of study that will take three years. Pete wants to have $8,000 ava
pochemuha

Answer: $22,200.72

Explanation:

Given the following :

Amount Pete Morton wants to be able to withdraw each period = $8000

Number of periods = 3

Interest rate on deposit = 4%

The amount Pete must deposit at the beginning of his study to be eligible is the product of the payment per period and the present value of annuity factor.

From the present value of annuity factor table ; the factor obtained for a 3 years period at 4 % Interest rate is 2.77509

Hence,

$8000 × 2.77509 = $22,200.72

4 0
3 years ago
Through which tool does the federal reserve affect money available for banks to loan? discount rate money multiplier open-market
erastovalidia [21]

The <em>federal reserve </em>affects money available for banks to loan by using the<u> reserve requirement</u> tool.

<h3>What is the reserve requirement in monetary policy? </h3>

Reserve requirement is said as the set-aside funds by the commercial banks that they utilize for meeting their liabilities and instant withdrawal from customers.

Therefore, when Fed increases the rate of <em>reserve requirement</em> then banks need to hold the <u>large amount </u>which reduces their ability to loan more funds. It ultimately reduces the money supply and <em>vice-versa</em>.

Learn more about monetary policy here:

brainly.com/question/13926715

4 0
2 years ago
Carmen Camry operates a consulting firm called Help Today, which began operations on August 1. On August 31, the company's recor
scZoUnD [109]

Answer:

Carmen Camry

<u>Income Statement for August 31 </u>

                                                    $

Consulting fees earned        27,000

Less Expenses :

Rent expense                         (9,550)

Salaries expense                   (5,600)

Telephone expense                 (860)

Miscellaneous expenses         (520)

Net Income / (Loss)                10,470

Explanation:

Income Statement shows the Incomes and expenses for the business for the specific period of operation.

4 0
3 years ago
A movie star was paid $1 million in 1960 to do a movie. the cpi was 29.3 in 1960 and the cpi in 2017 was 255. approximately how
densk [106]
CPI is the Consumer Price Index.
CPI is one of the most used statistics.
In 1960 :   CPI 29.3 --------------100 %
In 2017 :   CPI 255 --------------- x %
-----------------------------------------------------
29.3 : 255 = 100 : x
29.3 x = 25,500
x = 25,500 : 29.3
x = 870.3 %
For $1 million in 1960 there is $8.703 million in 2017.
Answer: The movie star earned $8.703 million in 2017.                 
4 0
3 years ago
Jennifer Pontesso, from Lincoln, Nebraska, wants to better understand her financial situation. Here is her balance sheet and cas
cupoosta [38]

Answer:

Net worth = Total assets - Total debt

Net worth = $330,000 - $175,500

Net worth = $154,500

Net surplus = Monthly gross income - Monthly expense

Net surplus = $9,000 - $6,000

Net surplus = $3,000

5 0
2 years ago
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