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Minchanka [31]
2 years ago
9

What happens when supply exceeds demand?

Business
1 answer:
olya-2409 [2.1K]2 years ago
3 0
A. The prices will decrease
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11. (-/1 Points] DETAILS BRECMBC9 5.11.010.
Lisa [10]

Answer:

2190 ; 2560 ;

$778.2

Explanation:

Total worth of gasoline sold = 16003.50

Cost of regular = 3.30

Cost of premium = 3.45

Let :

premium Gallon sold = x

Regular gallon sold = 370 + x

Hence, mathematically;

(3.45*x) + (3.30 * (x + 370)) = 16003.50

3.45x + 3.30x + 1221 = 16003.50

6.75x = 16003.50 - 1221

6.75x = 14782.5

x = 14782.5 / 6.75

x = 2190

Premium Gallon sold = 2190 gallons

Regular gallon sold = 2190 + 370 = 2560 gallons

Profit per regular gallon sold = $0.15

Progit per premium Gallon sold = $0.18

Total profit = (2190 * 0.18) + (2560 * 0.15) = $778.2

7 0
2 years ago
Enter a logical function in cell F5 that calculates employee FICA withholding. If the employee is full-time and has at least one
mixer [17]

Answer:

the formula in cell F5 =IF(AND(B5="FT",C5>0),0.07*(D5-E5),0.05*(D5-E5))

Explanation

Check attachment for the given data and solution data

3 0
3 years ago
Some policymakers have argued that products like​ cigarettes, alcohol, and sweetened soda generate negative externalities in con
White raven [17]

Answer: The correct answers are "decrease" and "decrease".

Explanation: Some policymakers have argued that products like​ cigarettes, alcohol, and sweetened soda generate negative externalities in consumption. All else​ equal, if the government decided to impose a tax on​ soda, the equilibrium quantity of soda would​ <u>decrease</u> and the equilibrium price of soda would​ <u>decrease.</u>

4 0
3 years ago
Dashboards can be presented at all the following levels EXCEPT Group of answer choices the visual dashboard level. the static re
Lady bird [3.3K]

Dashboards can be presented at all the following levels except  option C the visual cube level.

<h3>What are  Dashboards?</h3>

Dashboard serves as the panel in a system that consist of containing instruments as well as the control.

Dashboards can be presented :

  • the visual dashboard level.
  • the static report level.
  • the self-service cube level.

Learn more about Dashboards  at:

brainly.com/question/27305353

#SPJ1

3 0
1 year ago
Assume that Jose is indifferent between investing in a corporate bond that pays 10 percent interest and a stock with no growth p
ddd [48]

Answer:

e. None of these.

Explanation:

Step 1. Given information.

Taxable Dividend Yield = 9.7%

Tax rate on Dividend yield=15%

Interest rate=10%

Let Tax rate on Interest=X

Step 2. Formulas needed to solve the exercise.

Interest rate * (1 - x) = taxable dividend yield ( 1 - tax rate on dividend yield)

Step 3. Calculation.

0.10*(1-x)=0.097*(1-0.15)

0.10-0.10x=0.08245

0.10x=0.01755

x=0.01755/0.10

=0.1755

=17.55%

Step 4. Solution.

e. None of these.

7 0
3 years ago
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