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
agasfer [191]
3 years ago
11

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 ________than the equilibrium price. For the market to reach equilibrium, you would expect _______.
If a shortage exists in the hamburger market, then the current price must be a)higher b)lower than the equilibrium price. For the market to reach equilibrium, you would expect:__________
a) buyers to offer higher prices
b) sellers to offer lower prices
c) persistent excess demand
Business
1 answer:
GuDViN [60]3 years ago
6 0

Answerp

lower, buyers to offer higher prices

Explanation:

An unregulated market, is one whereby the supply and demand is left unguided or unmonitored. This makes buyers and sellers execute different prices as they deem fit.

It is commonly known that Prices that is behind or below the equilibrium price brings about excess demand as various buyers would want to buy to more goods than sellers are willing to sell. In this case, the quantity supplied will be less than the quantity demanded at that price. Some buyers who wish to be hamburger at the current price will be unable to do so. In order to buy hamburger, some buyers will offer higher prices. Some sellers will be love to sell additional unit only if the buyers increases the selling rate. The market being move toward the equilibrium price, where the quantity of the hamburger demanded by buyers is of an equals amount with the quantity supplied by sellers.

You might be interested in
A pressurized spray painter was purchased on April 1 of the fiscal year for $3,900. It has a useful life of 4 years and a residu
WITCHER [35]

Explanation:

The computation of the depreciation expense for the first year and the second year is shown below:

a) Straight-line method:

= (Original cost - residual value) ÷ (useful life)

= ($3,900 - $300) ÷ (4 years)

= ($3,600) ÷ (4 years)  

= $900

In this method, the depreciation is same for all the remaining useful life

So, in year 2 the depreciation expense is also $900

(b) Double-declining balance method:

First we have to find the depreciation rate which is shown below:

= One ÷ useful life

= 1 ÷ 4

= 25%

Now the rate is double So, 50%

In year 1, the original cost is $3,900, so the depreciation is $1,950 after applying the 50% depreciation rate

And, in year 2, the $1,950 × 50% = $975

3 0
3 years ago
Klivinich is a manufacturer of oral hygiene products. In addition to manufacturing and selling oral hygiene products, Klivinich
olga55 [171]

Answer:

Option C Achieve a competitive advantage

Explanation:

The reason is that anything brings an upperhand over the other competitors is competitive advantage. This might be due to product uniqueness or due to customer after sales services or anything in our product that the customer values more than the feature of other competitors. In this scenario, the advice of the K Company is valued by the customers and thats the reason they prefer its products because they give valuable advice with their products.

7 0
3 years ago
A A rocket shoots up 123 meter<br>i. What is its initial velocity -​
oee [108]

Answer:

Initial Velocity= 49 m/s

Time period= 5 secs

Explanation:

THIS IS THE COMPLETE QUESTION BELOW

A rocket shoots up 123 meters. What is it initial velocity?How long is it ascending

The initial velocity can be calculated using the expression below

u= √( 2gh)

Where g= Acceleration due to gravity= 98 m/s^2

h= height

Substitute the values we have

u = √(2*9.8*123)

u=√( 2410.8)

u = 49 m/s

the time period can be calculated as

(49/9.8)

= 5 sec

Hence time period is 5 secs

5 0
2 years ago
After+a+student+synthesized+an+organic+compound,+she+calculated+her+reaction+yield+to+be+101%. +which+of+the+following+is+not+a+
torisob [31]

Gurl I am new here too so anything that you learned plz share I am in imitate help

7 0
2 years ago
calculate the average of each of the following. speed per hour during a three-hour trip: 65 MPH, 55 MPH, 45 MPH
castortr0y [4]

Answer:

ffffgfggggggggggggg

5 0
2 years ago
Other questions:
  • Spielberg Company's general ledger shows a checking account balance of $22,970 on July 31, 2021. The July cash receipts of $1,88
    10·1 answer
  • How does the federal government spend its income?
    11·1 answer
  • Marit Brunsell deposited $80,000 at Bank of America at 12% interest compounded quarterly. What is the effective rate (APY)? (Do
    7·1 answer
  • How do our social networks impact our buying behavior? What is the impact for marketers?
    11·1 answer
  • Milton Friedman argues that __________.
    13·1 answer
  • For which capital component must you make a tax adjustment when calculating a firmâs weighted average cost of capital (WACC)?
    7·1 answer
  • Cuando cambia el valor nominal de una accion
    11·1 answer
  • Out of 100% what is the percentage of her getting a bf
    12·2 answers
  • Logan, a 50% shareholder in Military Gear Incorporated (MG), is comparing the tax consequences of losses from C corporations wit
    9·1 answer
  • a firm has a pure discount loan with face value of $75,000 that is due in six months. the assets of the firm are currently worth
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!