The answer is b or a but I mean it both means the same thing, if this is on Plato it's a
Answer:
Equilibrium quantity Increase
Explanation:
Equilibrium quantity is the level of supply that's meet the market demand of a product. At equilibrium quantity, there is no excess supply nor shortage in quantity supplied.
Should the cost of producing wheat decline, farmers will supply more wheat in the market. An increase in supply without a corresponding increase in demand results in reduced prices. Many suppliers will complete with few buyers. Due to a decline in prices, the equilibrium quantity increases because farmers will sell more quantities at the new low prices. The supply and demand curves will intersect a higher position in the graph, reflecting the new point where increased supply meets the demand at lower prices.
Answer: $400
Explanation:
To solve the question, we should note that the annual depreciation under the straight line depreciation method is given as:
= ( Cost - Salavage ) / Estimated Useful Life
= ($3,000 - $200 ) / 7
= $2800 / 7
= $400.
Therefore, the depreciation in year 3 will be $400
Answer: <em>Clan Culture</em>
Explanation:
A clan culture is generally referred to or known as a tribe-like or family-like kind of organization environment that tend to emphasize on the consensus and also on the commonality of values and goals. Clan cultures are often viewed as a collaborative and also one of the least competitive corporate culture models which often exist in an organization.
Answer: A: price leadership exists in this industry
Explanation:
hope this helps