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
Rudiy27
3 years ago
15

When the price at which the quantity of a product willing to be purchased by customers and the quantity of product willing to be

made by a producer are equal, this is known as the equilibrium price. the market price. the break-even price. either the market price or the equilibrium price.
Business
1 answer:
Olegator [25]3 years ago
8 0
When the price at which the quantity of a product willing to be purchased by customers and the quantity of product willing to be made by a producer are equal, this is known as the equilibrium price. Equilibrium price is the price set by a market in which the amount of products that are supplied is equal to the amount of products that are demanded.
You might be interested in
Elaine is a secretary for a business. One day a customer comes in to file a new contract while Elaine is seated at her boss’s de
slega [8]

Answer:

The answer is c:

Enforceable via employee agent

Explanation:

The definition of agency law deals with agent-principal relationships; that is a relationship where one party has the legal authority to act in place of another. Relationships that are commonly associated with agency law include employer-employee, administrator-decedent or executor, and guardian-ward.

Agreements that result in the formation of agency-type relationships can be implied or express, and both the principal and the agent can be an entity (such as partnership or corporation) or individual.

Here in the given situation, since, Elaine is an employee of the business and knowledgeable enough to deal with the contract filing, it is implied that she is acting as an employee agent, that she can help the customer in filing the contract.

6 0
3 years ago
Baseball Corporation is preparing its cash budget for January. The budgeted beginning cash balance is $18,600. Budgeted cash rec
professor190 [17]

Answer:

Company should borrow = $15200

Explanation:

Below is the calculation for the borrowing amount:

Cash balance at the beginning = $18600

Add - Cash receipts = 186000

Less- Cash disbursements = (189200)

Budgeted cash balance = 18600 + 186000 - 189200 = 15400

Borrowing will be = Ending cash - 15400

Borrowing will be = 30600 - 15400

Borrowing will be = $15200

Company should borrow = $15200

6 0
2 years ago
Why is it important to maintain a career portfolio?
Leno4ka [110]

Answer:

The answer is D

Explanation:

4 0
2 years ago
What is the total of tim’s liabilities if he has recorded $50,000 in assets and $40,000 equity on a balance sheet?
miss Akunina [59]

Total assets = Total liabilities + Total stockholders' equity

Total liabilities = Total assets - Total stockholders' equity

Total liabilities = $50,000 - $40,000

Total liabilities = $10,000

Hence, the total of Tim's liabilities is $10,000.

Responsibility is the responsibility of the individual or company and is usually the amount. Debts are settled over time by the transfer of economic interests, including money, goods, or services. The liabilities shown on the right side of the balance sheet include loans, liabilities, mortgages, income receivable, borrowings, guarantees, and accrued expenses.

Liability can be compared to assets. Debt is what you owe or owe. An asset is something you own or owe. In general, liability is an obligation between one party and another that has not yet been exempted or paid. In the accounting world, financial liabilities are also obligatory but are more likely to be defined by past commerce, events, sales, asset or service exchanges, or those that will generate economic benefits in the future.

Learn more about Liability here: brainly.com/question/24534918

#SPJ4

7 0
2 years ago
Given the following make-buy information, what would be the break-even point?Make Option Buy OptionFixed Costs $15000$1250Variab
grin007 [14]

Answer:

d. 2750 units

Explanation:

The break-even point occurs when the make option cost equals the buy option cost. The number of units 'x' needed in order for both options to yield the same costs is given by:

\$15,000+x*\$5=\$1,250+x*\$10\\\\x=\frac{\$15,000-\$1,250}{\$10-\$5}\\\\x=2,750\ units

The break-even point is 2,750 units

3 0
2 years ago
Other questions:
  • Members of mid-south petroleum distributors, a trade group, had trouble obtaining affordable pollution liability insurance. the
    11·1 answer
  • Keynesian economics focuses on explaining why recessions and depressions occur, as well as offering a ______________________ for
    11·1 answer
  • Hutter corporation declared a $0.50 per share cash dividend on its common shares. the company has 37,000 shares authorized, 19,2
    14·1 answer
  • Imagine yourself as a business owner just before an economic event such as a recession or depression. What impact would a sudden
    13·2 answers
  • TB MC Qu. 4-44 Privott, Inc., manufactures ... Privott, Inc., manufactures and sells two products: Product Z9 and Product N0. Th
    11·1 answer
  • Better Chocolates has a new project that requires $838,000 of equipment. What is the depreciation in Year 6 of this project if t
    12·1 answer
  • Suppose that in a year an American worker can produce 100 shirts or 20 computers and a Chinese worker can produce 100 shirts or
    15·1 answer
  • You are buying a car, and have settled on a price of $22,678.95. You put $2,678.95 down and borrow the rest at an 8.5% APR, comp
    6·1 answer
  • People are living paycheck to paycheck why is that a problem
    12·1 answer
  • What factors affect the process of planning?​
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!