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sineoko [7]
3 years ago
6

Refer to Exhibit 3-8. A price of $5 will result in a ___________________ in this market which will cause the price of the produc

t to gravitate _______________.
Business
1 answer:
zlopas [31]3 years ago
5 0

Complete diagram of Exhibit 3-8 is attached below

We have that the blanks are Shortage and Upward giving the answer to be

A price of $5 will result Shortage in a in this market which will cause the price of the product to gravitate Upward

Referring to Exhibit 3.8 we have a Price in dollars to Quantity graph

Price

A price is the  quantity of compensation given by one party to another in return for one unit of goods or services. If the product is a good in the commercial exchange, the price of this product will be called price.

Quantity

Aka amount is a property that can exist as a multitude or magnitude, which illustrate discontinuity and continuity. Quantities can be in terms of Mass,Number or size

Therefore have the Knowledge of Quantity and price

We conclude that

A price of $5 will result Shortage in a in this market which will cause the price of the product to gravitate Upward

For more information on this visit

brainly.com/question/19091385

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Assume that in January 2017, Vivendi announced a €1.2 billion bond issuance. The bonds have a coupon rate of 6.75% payable semia
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C. The coupon rate on these bonds would have been higher if Standard and Poor's, Moody's, and Fitch had assigned lower credit ratings

Explanation:

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8 0
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Roland Richard, a baker, purchased 200 ounces off of an expensive spice for $400 on 3/1/09. The journal entry to record the purc
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Answer:

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3 years ago
The value of what businesses provide to other businesses is captured in the final products at the end of the __________ chain. s
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