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
cluponka [151]
3 years ago
7

Perggy's Bakes, a bakery in New Orleans that exclusively sells its confectionery products online, makes its products only when i

t receives an order. The bakery produces the products as per the order and delivers to the customer's homes. It does not produce any excess products. In the given scenario, the price associated with the demand and supply of the products at Perggy's Bakes reflects the _____. a. equilibrium price b. skimmed price c. grounded price d. parity price
Business
1 answer:
horrorfan [7]3 years ago
6 0

Answer:

A)equilibrium price

Explanation:

From the question we are informed about Perggy's Bakes, a bakery in New Orleans that exclusively sells its confectionery products online, makes its products only when it receives an order. The bakery produces the products as per the order and delivers to the customer's homes. It does not produce any excess products. In the given scenario, the price associated with the demand and supply of the products at Perggy's Bakes reflects the equilibrium price. The equilibrium price can be reffered to as only price in which both desires of consumers and that of producers agree, this can be explained as a situation where by quantity demanded is been equal to quantity supplied. The theory stressed that movement of market tends toward this price, it can also be regarded as "market-clearing price"

You might be interested in
because your clients job he must live in a city apartment he is increasingly tired of the city life however he daydreams about l
jok3333 [9.3K]
If the choices are the following,

a. The sophisticated city look that reflects his business life. 
b. Barefoot and serene tropical decor to reflect the lifestyle he wishes he had.
c. Plain, non-stylized environment, neither city nor tropical, so that he won't be reminded of his conflicts.
d. Redefined traditional look with one or two large tropical accessories.

then, choice (b) is correct. Since he wishes to live on a tropical island, it would be best if the decorating plans fit his wishes. By that, he relieves himself from the stress of city life.
3 0
3 years ago
The government does which of the following in a planed economy
xxMikexx [17]

Answer: Runs the economic system.

Explanation: Among other things, as well, in centrally planned economies, it is the government that controls what, how, and how much, it is produced in the country.

7 0
3 years ago
Supply is more elastic over long periods than over short periods because:_____.
Vikki [24]

Answer:

A

Explanation:

Price elasticity of supply measures the responsiveness of quantity supplied to changes in price of the good.

Price elasticity of supply = percentage change in quantity supplied / percentage change in price

If the absolute value of price elasticity is greater than one, it means supply is elastic. Elastic supply means that quantity supplied is sensitive to price changes.  

Supply is inelastic if a small change in price has little or no effect on quantity supplied. The absolute value of elasticity would be less than one

The short run is a period where all  factors of production are fixed. In the short run, a firm would continue to produce if price is above average variable cost. If this is not the case, it would shut down

The long run is a period where all factors of production are varied. It is known as the planning time for a company

Supply is more elastic in the long run than in the short run because the producer can make adjustments in the long run

3 0
3 years ago
Rủi ro của các doanh nghiệp khi kinh doanh taxi công nghệ
PSYCHO15rus [73]

Answer:

Pls translate in english

Explanation:

I dont understand im sorry

4 0
2 years ago
This table shows the CTSOs that four high school students are involved in: A 2-column table with 4 rows. Column 1 is labeled Stu
gregori [183]

Answer:

The answer is A

Explanation:

3 0
3 years ago
Other questions:
  • It is ____ to say that Cold Goose’s net inflows and outflows of cash at the end of Years 1 and 2 are equal to the company’s annu
    13·1 answer
  • 2. One of the most fundamental determinants of the exchange rate is ______________ whereby the exchange rate between the currenc
    13·1 answer
  • Diagraphs are voiced combinations of two or three consonants
    15·1 answer
  • During the current year, the Jules Company incurred the following product costs:Direct materials used in production $250,000Dire
    15·1 answer
  • At the beginning of this year, daily consumption of gasoline in the US amounted to 344 million gallons. It is estimated that for
    15·1 answer
  • The following situations should be considered independently. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $
    15·1 answer
  • What are a list of ways a family can provide enrichment for children without elaborate or expensive toys?
    8·1 answer
  • Find three celebrities of your choice. Type a paragraph for each celebrity explaining their net worth. Include their background
    14·2 answers
  • On January 1, 2021, Tropical Paradise borrows $50,000 by agreeing to a 6%, six-year note with the bank. The funds will be used t
    5·1 answer
  • lauryn’s doll co. had ebit last year of $45 million, which is net of a depreciation expense of $4.5 million. in addition, lauryn
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!