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jeka94
2 years ago
10

In a market without price controls, producers charge ____ for their goods and services. This price allows producers to supply th

e same amount of products as consumers demand.
prices above the equilibrium price

equilibrium prices

prices below the equilibrium price
Business
1 answer:
777dan777 [17]2 years ago
3 0

Answer:

equilibrium prices

Explanation:

yeah-ya

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Alice is willing to spend $30 on a pair of jeans, and has a coupon for $10 off she found online.
oee [108]

Answer:

$5

Explanation:

The computation of Alice's consumer surplus is shown below:

Consumer surplus =  Willing to spend - Market price after considering the discount

where

Willing to spend = $30

Market price equals to

= Purchase a pair of jeans - coupon rate

= $35 - $10

= $25

So, the consumer surplus is equal to

= $30 - $25

= $5

3 0
3 years ago
If a department that applies process costing starts the reporting period with 40,000 physical units that were 80% complete with
andriy [413]

Answer:

True

Explanation:

<em>Equivalent units are notional whole units which represent incomplete work and are used to apportion cost between work progress and completed work. These units are determined as follows: </em>

Equivalent units = Degree of work done(%) × units of inventory

Equivalent units

<em>Direct material:</em>

Balance of work = 100-80 = 20%

Equivalent of work to be added = 20% × 40,000 = 8,000

<em>Labour</em>

Balance of work = 100-50= 50%

Equivalent of work to be added =50% × 40,000 = 20,000 units

                                    <em>Equivalent of work to be added(units)</em>

Material                               8000                                  

Labour                               20,000

8 0
3 years ago
ervis accepts all major bank credit cards, including those issued by Northern Bank (NB), which assesses a 4.5% charge on sales f
Kobotan [32]

Answer:

Preparation of the journal entry that Jervis should make on June 28 to record the deposit

Dr Cash ($5,800 - $261) $ $5,539

Dr Credit card expense ($5,800 X 4.5%) $ 261

Cr Sales $5,800

(5,539+261)

Explanation:

Since Jervis assesses a 4.5% charge on sales for using its card in which On June 28, he had $5,800 in NB Card credit sales this means we have to Debit Cash with $5,539 ($5,800 - $261) and as well Debit Credit card expense with $261 ($5,800 X 4.5%) while we Credit Sales with $5,800 (5,539+261)

5 0
3 years ago
The trade agreement that began as advocating for free trade among nations and ended up as a confusing repository for a multitude
Vera_Pavlovna [14]

Answer:General Agreement on Tariffs and Trade(GATT)

Explanation:

The General Agreement on Tariffs and Trade (GATT) can be referred to as legal agreement between two or more nations, whose overall purpose is to promote international trade by reducing or eliminating trade barriers such as tariffs etc

4 0
3 years ago
Read 2 more answers
The words slim and scrawny have
emmasim [6.3K]
The answer should be A. Denotation is the definition of a word, and connotation is weather the word is positive or Negative, like how slim is positive and scrawny is negative.
3 0
3 years ago
Read 2 more answers
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