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3 years ago

There will be a higher equilibrium price and lower quantity if _____.

Business

1 answer:

Slav-nsk [51]3 years ago

6 0

Answer:

Reduction in supply

Explanation:

Equilibrium is when demand matches supply. At the equilibrium price, the market has no excess demand or supply or demand. Changes in either supply or demand affects the equilibrium price and quantity.

A reduction in supply while demand remains constant results in buyers competing for few products in the market. A scarcity will emerge as the supply cannot satisfy demand. The supply curve shifts outwards or to the right creating a new equilibrium point. The new price will at a higher point in the graph, and the quantity will decrease.

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Twelve years ago, the Archer Corporation borrowed $6,200,000. Since then, cumulative inflation has been 80 percent (a compound r

miv72 [106K]

Answer:

(a) $3,444,444.44

(b) $11,160,000

Explanation:

(a) Effective purchasing power:

= Loan amount ÷ (1 + cumulative inflation rate)

= $6,200,000 ÷ (1 + 0.80)

= $6,200,000 ÷ 1.80

= $3,444,444.44

Therefore, the effective purchasing power of the $6,200,000 is $3,444,444.

(b) Lender should be repaid:

= Loan amount × (1 + cumulative inflation rate)

= $6,200,000 × (1 + 0.80)

= $6,200,000 × 1.80

= $11,160,000

7 0

3 years ago

What is promissory estoppel

Mademuasel [1]

Answer:

Promissory estoppel is the legal principle that a promise is enforceable by law

Explanation:

7 0

3 years ago

Read 2 more answers

s) A system has four processes and five types of allocatable resources. The current allocation and maximum needs are as follows:

Troyanec [42]

Answer:

The smallest value of x is 5 which leads to a safe state.

Explanation:

Solution

Given that:

Process Available Maximum Request = Max-Available

A [2 ,1 ,0 ,2, 2] [4, 2,2, 3, 3] [2,1,2,1,1]

B [3 ,1, 1, 0 ,2] [3 ,3 ,6 ,1 ,2] [0,2,5,1,0]

C [2 ,1 ,0 ,2 ,1 ] [3 ,2 ,3 ,3 ,1] [1,1,3,1,0]

D [1, 1, 0, 1, 0 ] [1, 2, 3, 2 ,1 ] [0,1,3,1,1]

Available = 3,2,x,2,3 ⇒ x has to be determined.

Now

consider x=1 then Available = 3,2,1,2,3

It can't satisfy A,B,C,D since the minimum value of x among those is 2

Consider x=2 then Available = 3,2,2,2,3

It can't satisfy B,C,D since the minimum value of x among those is 3

Thus

consider x=3 then Available = 3,2,3,2,3

It can't satisfy D since the minimum value of x among those is 5

Then

consider x=5 then Available = 3,2,5,2,3

It can satisfy A,B,C,D

Therefore, the minimum value of x is 5. So, that it leads to a safe state.

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3 years ago

Abc company is hesitant about entering ukraine, because the country has been experiencing social unrest in recent years. Based o

AysviL [449]

The answer is<u> "political risk".</u>

Political risk is among the most critical hazard factors confronting international investors. In many rising and frontier markets, the political circumstance is altogether less steady than the United States with the potential for across the board extortion and defilement.

Political risks are those related with changes that jump out at a nation's approaches administering organizations, and additionally outside elements that could influence organizations.

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3 years ago

What benefits does target receive from its store brand?

iogann1982 [59]

Target has gained many benefits from its store brands. Target's focus on its store brands has allowed it to establish itself as being “cheap chic.” It has also allowed Target to increase its overall profits. By promoting and improving its store brands, Target has been able to make their brands well known and reliable.

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4 years ago