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maksim [4K]
3 years ago
15

Melinda wants to set aside money for a long-term savings goal. She hopes to deposit

Business
1 answer:
babymother [125]3 years ago
8 0

Answer:

future savings

Explanation:

because at the end of the 5year saving she will be able get more interest on her saving

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3 years ago
Evaluate the set of events below. Determine how the events will impact their respective markets. a. In examining the market for
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Answer:

One thing to clear ab initio is that equilibrium quantity and price are achieved when the demand and supply curves intersect at a point.  Therefore, at equilibrium, the demand and supply in quantity are equal.

a) If a technological improvement reduces the cost of product, the equilibrium price will reduce and equilibrium quantity will be equal to the quantity demanded and supplied.

b) If there is a reduction in the number of sellers, the equilibrium price will increase and the equilibrium quantity will be equal to the quantity demanded and supplied.

c) If there is a tax levied on the sellers of apps, the equilibrium price will increase and the equilibrium quantity will be equal to the quantity demanded and supplied.

Explanation:

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c) When suppliers leave the market, it means that the market price and demand are no longer attractive and beyond their individual influence.  This leads to a reduction in quantity supplied overall.

d) Sales tax increases the price of goods and services, and equilibrium will be achieved when there consumers demand the product with increased price and sellers are willing to produce and sell at such a price.

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