Prices that are raised normally cause reduced demand while those that are raised typically cause higher supply. However, the way the supply reacts to demand varies depending on the product, with some products' demand being less price-sensitive than others.
When prices rise, what happens to the market?Demand declines when price rises and decreases in quantity demanded (but demand itself stays the same). The quantity requested rises when the price declines. The Law of Demand is this. An inverse association is shown on a graph as a line that slopes downhill from left to right.
What does the market price rise mean?Price inflation refers to a rise in a group of goods and services' prices over a predetermined time frame. High demand and supply constraints frequently result in pricing
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for a recent period, the balance sheet for consumer wholesale corporation reported accrued expenses of $1980 million. for the same period, consumer reported income before income taxes of $1810 million. assume that the adjusting entry for the accrued expenses was not recorded at the end of the current period. what would have been the income (loss) before income taxes?
Before income taxes, there will be a $161 million gain (loss).
Accrued Costs:
Expenditures that have been incurred but not paid for yet are referred to as accrued expenses. The timing of recording expenses is important; whether they are paid for or not is immaterial. The adjusting entries are used to account for accrued expenses.
Answer and justification:
Before income taxes, there will be a $161 million gain (loss).
Explanation:
To make incurred expenses, an adjustment entry is
General Journal: Debit: Credit: Expenses: $1,893,000,000; Accrued: $1,893,000,000
The expenses are understated by $1,893 million as a result of evading this entry. If the entry had been made, the income before taxes would have been $161 million ($2,054 million - $1,893 million).
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as you estimate the wacc, issuing new common stock would require including flotation costs associated with the respective new common stock issuance, which normally reduces the wacc. true or false? group of answer choices true false
Businesses and investors sometimes use the WACC as a benchmark rate to assess the viability of a particular project or acquisition.
How do we estimate the cost of common stock in WACC calculation?WACC is frequently used as a benchmark rate by businesses and investors to determine the viability of a certain project or purchase. When calculating WACC, the cost of each capital source (debt and equity) is multiplied by the relevant weight by market value, and the results are added up to reach the final result.
The first approach states that the flotation expenditures must be reflected into the calculation of a company's cost of capital. Essentially, it states that flotation charges increase a company's cost of capital. Remember that a company's cost of capital is made up of its cost of debt and cost of equity.
Therefore, the correct answer is option e. The market risk premium declines.
The complete question is:
Burnham Brothers Inc. has no retained earnings since it has always paid out all of its earnings as dividends. This same situation is expected to persist in the future. The company uses the CAPM to calculate its cost of equity, and its target capital structure consists of common stock, preferred stock, and debt. Which of the following events would REDUCE its WACC?
a. The flotation costs associated with issuing new common stock increase.
b. The company's beta increases.
c. Expected inflation increases.
d. The flotation costs associated with issuing preferred stock increase.
e. The market risk premium declines.
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The Congressional Research Service estimates that at least $45 million of counterfeit U.S. $100 notes produced by the North Korean government are in circulation.a. Why do U.S. taxpayers lose because of North Korean counterfeiting?
The amount that the Federal Reserve extends the monetary base by buying U.S. Treasury notes is lessened when counterfeit money is in use.
a ) Why do U.S. taxpayers lose because of North Korean counterfeiting?The Federal Reserve does not hold any assets when North Korea circulates counterfeit money, and the United States government does not get any interest from the counterfeit money that it would have received had the currency been issued in the United States.The cost of these phony bills is the interest that the US would have received on Treasury bills had they been created legitimately that it would have lost as a resuhttps://brainly.com/question/25816355lt of their existence.Due to the government not receiving this interest, American taxpaying citizens suffer.b) What is the amount of money lost?The amount of interest forgone per year is 2.2%*45 million = 990,000The interest from the Treasury bills that the Federal Reserve would have otherwise acquired does not benefit taxpayers since the Federal Reserve pays the majority of the interest on its Treasury bills to the U.S. government.To learn more about interest, refer:
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if the gini coefficient is one (1), this means that there is group of answer choices no area between the line of perfect income equality and the actual lorenz curve. perfect income equality. complete income inequality. some income inequality. c and d
There is complete income inequality if the Gini coefficient equals one (1).
What is the Gini coefficient?
The Gini coefficient commonly referred to as the Gini index or Gini ratio is a statistical measure of dispersion used in economics to depict income or wealth inequality within a country or a social group.
Corrado Gini, a statistician, and sociologist created the Gini coefficient.
The Gini coefficient calculates the degree of disparity among frequency distribution variables, such as income levels.
When all income or wealth values are equal, as in the case of a Gini coefficient of 0, there is absolute equality; nevertheless, a Gini coefficient of 1 (or 100%) indicates that there is the greatest possible inequality.
Therefore, there is complete income inequality if the Gini index equals one (1).
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Complete question:
if the Gini coefficient is one (1), this means that there are:
a group of answer choices
(A) no area between the line of perfect income equality and the actual Lorenz curve.
(B) perfect income equality.
(C) complete income inequality.
(D) some income inequality.
(E) c and d
Workers in the united states enjoy a high standard of living because?
The link between policy and prosperity contributes to the high standard of life for American workers.
Health, happiness, and spiritual conceptions of affluence can conflict with one another or interact negatively. Longer workweeks, for instance, may boost some economic success indicators, but at the expense of making people less likely to favor shorter workweeks. [2] Buddhism places a strong focus on solidarity and spirituality in its conception of wealth. Due to the link of capitalism with greed, this viewpoint may be at odds with ideas of prosperity. [3] According to social survey data, a gain prosperity in money does not always translate into a longer period of happiness; hedonic adaptation is one theory put up as to why this is the case.
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what is the cash-on-cash return for an owner who purchases a $8,250,000 property, with an noi of $750,000 using all cash...?
The cash-on-cash return is the ratio of annual pre-tax cash flow to the total amount of cash invested expressed as a percentage. In this case it would be calculated as $750,000 / $8,250,000 = 9.1%. This means that the owner can expect a 9.1% return on their initial cash investment in the property.
The cash-on-cash return is a measure of return which is used to evaluate the profitability of an income-producing property. This return rate is calculated by dividing the net operating income (NOI) of a property by the total cash invested in the purchase of the property. In this scenario, an owner purchases a $8,250,000 property, with an NOI of $750,000 using all cash. To calculate the cash-on-cash return, we will first need to calculate the total cash invested in the purchase of the property. Typically, this includes the purchase price, closing costs, and any other upfront costs associated with the purchase of the property. For this example, we will assume that the total cash invested in the purchase of the property equals the purchase price, or $8,250,000. Now that we have the total cash invested in the purchase, we can calculate the cash-on-cash return, by dividing the NOI of $750,000 by the total cash invested of $8,250,000. This results in a cash-on-cash return of 9.1%.
The cash-on-cash return is a useful metric for evaluating the profitability of an investment property.
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acting in good faith gives a business firm a better chance of defending its actions in court.T/F
The given statement "Acting in good faith gives a business firm a better chance of defending its actions in court" is True.
Employee ethics is not a significant concern in comparison to business ethics. Religious laws are typically unbreakable in terms of how followers should behave.
You need go no further than your own business operations for an illustration of a good faith exception. You are acting in good faith if you are being honest and ethical with the people you have contracts with and they are honouring their commitments to you.
The core of good faith is an honest confidence in the legitimacy of one's position, ignorance of a more compelling argument, and a lack of desire to wrongfully interfere with another party.
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how would an appraiser be able to adjust for the size of the property using the sales comparison approach?
The amount that a specific characteristic appears to increase or decrease the price of the comparable property is added or subtracted from the known prices, respectively.
How is the sales comparison method adjusted?A mechanism must be utilized to modify the pricing of sold properties, or comparables, because no two properties are precisely same. The amount that a specific characteristic appears to increase or decrease the price of the comparable property is added or subtracted from the known prices, respectively.Using sales information from comparable properties, the sales comparison valuation method in real estate establishes a property's market worth. The appraiser should base their estimate of the current worth of a property on at least three recently sold and comparable properties.To learn more about comparable property refer to:
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The cost object(s) of the activity-based costing method is(are):
A)The unit of product.
B)The production departments of the company.
C)The production activities of the company.
D)The production activities in the first stage and the unit of product in the second stage.
E)The unit of product in the first stage and the production activities in the second stage.
The cost object(s) of the activity-based costing method is(are) the production activities in the first stage and the unit of product in the second stage.
What is cost object?A cost object is something to which costs are attributed, and the term is most commonly used in cost accounting. Product lines, geographical regions, clients, departments, or anything else for which management would wish to quantify cost are typical examples of cost objects. A cost object is something to which costs are attributed, and the term is most commonly used in cost accounting. Product lines, geographical regions, clients, departments, or anything else for which management would wish to quantify cost are typical examples of cost objects. An item that a firm assesses separately from other costs for a particular purpose, such as the production of a certain good or the running of a specific department inside the organisation, is referred to as a cost object.
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Canton, Inc. issued 10,000 shares of $1 par value common stock at $10 per share. Mr. Smart, the bookkeeper, recorded this transaction with a $100,000 debit to Cash and a $100,000 credit to Common stock. As a result of this entry,
Additional Paid-In Capital will be understated is the correct answer. Option A is correct. Additional Paid-In Capital will be understated by $90,000 .
The correct Journal entry to record the issue of the Common stock :
Date. Account. Dr. Cr
Cash (10,000 shares x $10 per share). $100,000
Common Stock (10,000 shares x $1 per share $10,000
Additional Paid-In Capital - Common Stock. $90,000
To record the issue of the Common stock
Additional Paid-In Capital will be understated by $90,000
The sum of money a firm has raised via the sale of shares to investors is known as paid-in capital. Common stock, preferred stock, and additional paid-in capital are added as balance-sheet line items to determine paid-in capital.
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a customer purchases 10m of city of los angeles 7% g.o. bonds, maturing in 2041 at 90. interest payments are jan. 1st and jul. 1st. the trade took place on friday, may 2nd. how much accrued interest will the customer be required to pay the seller?
$243.05 accrued interest will the customer be required to pay the seller.
How much accrued interest will the customer be required to pay the seller?Municipal bonds have a 30 day month/360 day year interest accrual schedule, with interest accruing up to but excluding the settlement date. The transaction happened on May 1st, a Thursday.
3 business days after the trade date, settlement takes place. As a result, settlement occurs on May 6th, Tuesday. The buyer owes the seller the following because the final interest payment was received on January 1
January 30 days
February 30 days
March 30 days
April 30 days
May 5 days (up to, not including settlement)
125 days
125 days interest x $70 x 10 bonds
360 = $243.05
Note that "10M" stands for $10,000 face amount of bonds (M is Latin for $1,000).
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The margin of safety is the excess of:___ a. Break-even sales over expected sales. b. Expected sales over variable costs. c. Expected sales over fixed costs. d. Fixed costs over expected sales. e. Expected sales over break-even sales.
Option (E), The excess of anticipated sales over break-even sales constitutes the margin of safety.
What percentage of sales must be made to break even?The margin of safety is the distance between break-even and the anticipated level of profitability. Calculating the margin of safety is done by dividing current sales by current sales less breakeven point.
Is the margin of safety greater than zero?The margin of safety is a financial ratio that quantifies the amount of sales that have exceeded the break-even point. This financial ratio displays the business's actual profit after all fixed and variable expenses have been paid.
The break-even point is incredibly important for figuring out the business's margin of safety. The margin of safety is the percentage by which an organization's projected sales can decrease without incurring losses.
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Customers arrive at a movie theater at the advertised movie time only to find that they have to sit through several previews and prepreview ads before the movie starts. Many complain that the time devoted to previews is too long. A preliminary sample conducted by The Wall Street Journal showed that the standard deviation of the amount of time devoted to previews was five minutes. Use that as a planning value for the standard deviation in answering the following questions.
This question of standard deviation is incomplete. But the answer is Sample sizes 67, 96.
How it is determined?a) If we want to estimate the population mean time for previews at movie theaters with a margin of error of 72 seconds, what sample size should be used? Assume 95% confidence.
b) If we want to estimate the population mean time for previews at movie theaters with a margin of error of 1 minute, what sample size should be used? Assume 95% confidence.
Given that customers complain that the time devoted to previews is too long. A preliminary sample conducted by The Wall Street Journal showed that the standard deviation of the amount of time devoted to previews was five minutes.
Since population standard deviation is given, we can use Z critical values for finding the margin of errors.
(σ) = 5 minutes
Using the relation:
((Zα/2 * σ) / E)²
(1 - α)/2 = (1 - 0.95)/2 = 0.05 /2 = 0.025
Z0.025 = 1.96
a) Margin of error = 72 seconds = 1.2 minutes
1.96 * (5/((n)^1/2)) = 1.2
n = 67
Sample size = 67
b) Margin of error = 1
1.96 * (5/((n)^1/2)) = 1.2
n = 96
Sample size = 96
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an organization wants to measure everything as part of its new devops philosophy. what should the organization measure?
Reliability and system health should be the organization's benchmarks.
What is devops philosophy?DevOps is essentially about breaking down barriers between development and operations, two teams that have historically operated in separate silos. Even without separate development and operations teams, engineers may do both tasks in some businesses."DevOps" refers to the collaboration between software developers and operations (ops). It is described as a software engineering approach that attempts to combine the activities of software development and software operations teams by promoting a culture of collaboration and shared accountability.Continuous improvement is heavily emphasized in a DevOps culture in order to reduce waste, optimize for speed, affordability, and simplicity of delivery, and continuously enhance the provided goods and services. Therefore, experimentation is a crucial activity to implant and create a method of learning from mistakes.To learn more about devops philosophy refer to:
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the capture theory of regulation implicitly holds that group of answer choices the members of a regulated industry have a stronger incentive to attend regulatory meetings than taxpayers and consumers. regulatory lag is often longer than most people think. regulators will always do what they think is in the public's best interest. a, b, and c b and c
The capture theory of regulation implicitly holds that the members of a regulated industry have a stronger incentive to attend regulatory meetings than taxpayers and consumers.
About regulatory captureRegulatory capture is a situation when a regulatory agency established for the public interest instead fulfills the political or commercial interests of certain groups that dominate the industry or sector that should be regulated.
The theory of regulatory capture is at the center of a field of study called "regulation economics": economists who focus on this field are critical of the concept that the intervention of government regulatory agencies is based on the protection of public goods. An example of an economist who developed the theory of regulatory capture is Nobel Prize winner George Stigler.
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g emphasis on the quantitative aspects of products sold (ie: portion size, price) and services offered (the time it takes to get the product) is known as
The emphasis on the quantitative features of goods sold (such as portion size and price) and services provided (such as the length of time it takes to receive the good) is known by the name
Calculability
Calculability refers to the capacity to compute the costs of the items that a business transacts at any given time and the nature of the services it provides, such as the time it takes to get a product.
In light of this, we are aware that in a capitalist society, the primary goal of any business is to generate a profit, and calculability is used to demonstrate the quantitative features of the goods and services that are sold and provided in order to calculate profit.
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land developers sometimes get a mortgage that includes several properties as collateral. as they pay down the loan they can get various properties released. what type of mortgage is this?
Land developers sometimes get a mortgage that includes several properties as collateral. as they pay down the loan they can get various properties released.
The above case is an example of blanket mortgage.
Mortgages can also be divided into two categories: 1) conventional mortgages 2) Jumbo loans 3) Mortgages backed by the government 4. Fixed-rate loans 5) Mortgages with adjustable rates There are now additional loan types based on theseA blanket mortgage, also known as a blanket loan, is a type of financing that supports the simultaneous purchase of several real estate properties. The lending process can be simplified and costs can be decreased with blanket loans, which are popular among commercial property owners, developers, and real estate investors.You offer your existing property's equity as part of a blanket loan instead of providing the down payment of $30,000 in cash. In addition to attaching a second lien to your existing property, the lender alsoTo know more about mortgage here
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In which of the following scenarios would any delay in performance most likely be deemed a material breach
The following scenarios would any delay in performance most likely be deemed a material breach is delay in Mercantile contract.
What is Mercantile contract?Merchant law" is another term that is synonymous with "commercial law," which refers to the laws that govern disputes and transactions between individuals and businesses engaged in commercial activities. These activities include trade, financing, merchandising, the sale and distribution of goods, and the use of negotiable instruments.
These commercial laws are codified in the Uniform Commercial Code (UCC) which is adopted by all 50 states and has significant overlap with the fields of contract and property law. The law that governs all business-related transactions, including contracts, sales, buying and selling, as well as transportation. This area of law also covers responsibilities and rights that arise from business transactions.
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The complete question is :
In which of the following scenarios would any delay in performance most likely be deemed a material breach
delay in Mercantile contract
no Mercantile contract
immediate Mercantile contract
Businesses often examine financial information to see how they are spending their money and where cuts could be made. In other words, they use financial information to
Businesses often examine financial information to see how they are spending their money and where cuts could be made. In other words, they use financial information to make strategic decisions.
To determine how they are spending their money and where savings could be achieved, businesses frequently review their financial data. To put it another way, they use financial data to make strategic decisions about their finances, such as allocating resources, locating cost savings, and gauging the general state of the business's finances.
An understanding of a company's revenue, costs, and profits can be gained from financial data such as balance sheets, income statements, and cash flow statements. This information can assist firms in planning budgets, making investments, and projecting future performance. Businesses can also utilise financial ratios to assess the efficacy and efficiency of their financial management, such as the profitability and liquidity ratios.
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Land labor capital on strawberries
A partner withdrew 4,000 per month from 1 July, 2016, on beginning of every month. counts are closed at 31st March, 2017. Calculate interest on drawings while rate of interest is 10% per annum.
The interest on the drawings is ₹1500. (Option C)
Amount drawn per month = ₹4000
Number of drawings = 9 (From July 2016 to March 2017)
rate of interest per annum = 10%
Interest on the drawings
We can solve this problem utilizing the mathematical technique outlined below.
This equation may be solved using the following approach.
We know that,
Using the average method,
∴ Interest on drawings = Total drawing × interest rate × [(longest outstanding time+ shortest outstanding time) / 2 * 12
Total drawing = ₹4000×9
= ₹36000
Time = ([tex]\frac{1+9}{2}[/tex]) months
= 5 months
Interest on the drawings = ₹ 36000 × 0.1 × [tex]\frac{5}{12}[/tex]
= ₹ 1500
Thus, the interest on the drawings is ₹1500. (Option C)
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field failures, loss of goodwill, a decreased reputation, and warranty costs can all be classified as: a. transaction costs b. all of these are correct c. post-transaction costs d. pre-transaction costs
The correct option is C. field failures, loss of goodwill, a decreased reputation, and warranty costs can all be classified as post-transaction costs.
A warranty expense refers back to the price that an enterprise anticipates incurring for the substitute or restoration of merchandise customers purchase. agencies account for assurance fees simplest at some point in the hooked-up guarantee duration. After the warranty duration expires, organizations give up incurring the guarantee expense.
Assurance rate is the fee related to a dealer or manufacturer’s dedication to repair or update a product, must it no longer carry out as meant in the course of a designated time period. In other phrases, it’s the cost of repairing or replacing faulty merchandise once they had been bought by customers.
Many agencies provide ensures on their products as a manner to reveal to clients that their products are dependable and hazard loose. these assurance agreements correctly bind the business enterprise to destiny's overall performance on the contingent basis that their products fail after the customers have bought them.
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which of the nine conflict management and resolution rules recommends that supply chain managers be aware that geographic, ethnic, and corporate differences exist?
The sixth rule of conflict management and resolution for supply chain managers recommends being aware of geographic, ethnic, and corporate differences. It is important that the manager respects these differences and is open to understanding them.
This means that managers should be aware that different countries, cultures and businesses have different perspectives and approaches to business. A manager should be aware that these differences can lead to potential conflicts and plan accordingly to minimize their impact. For example, negotiating a contract in another country may require a different approach than negotiating a contract in the same country. Understanding and respecting the differences between countries, cultures and businesses can help prevent and resolve conflicts that arise.
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summary of all general ledger accounts classified as fixed assets which quickbooks report would be most useful
A general ledger is a bookkeeping ledger where accounting data are aggregated from subledgers like accounts payable, accounts receivable, cash management, fixed assets, purchasing, and projects and posted from journals.
What is general ledger accounts?Account numbers called General Ledger Accounts (GLs) are used to classify different kinds of financial transactions. Revenues, expenses, and transfers are the GLs that are most frequently used. An accounting system's "chart of accounts" has a comprehensive list of all the accounts. A general ledger is a bookkeeping ledger where accounting data are aggregated from subledgers like accounts payable, accounts receivable, cash management, fixed assets, purchasing, and projects and posted from journals. The book or file that bookkeepers use to record all pertinent accounts is called a general ledger. Five important accounting items are tracked in the general ledger: assets, liabilities, owner's capital, income, and costs. The general ledger accounts are subsequently updated with regard to transactions that initially appear in the journals.To learn more about general ledger accounts refer to:
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jerry and the team working on the roger tire company marketing research project are developing ways to test their hypothesis that drivers of larger trucks prefer dual belted radial tires. what type of research are they conducting?
Jerry and the team are working on a marketing research study for the Roger Tire Company. Descriptive research is being conducted by Jerry and his team.
What do you mean by marketing?The process of developing, conveying, delivering, and trading services that are valuable to consumers, clients, partnerships, and society at large collectively is known as marketing.
Why is marketing necessary?Many individuals learn about a specific product thanks to marketing. Your sales will rise if consumers are aware about your goods. Many commercial companies find that marketing greatly aids in developing income streams. It occurs when various marketing techniques are used by various company sectors to boost revenue.
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Assume the marginal propensity to consume is 0.8 and potential output is $800 billion. If actual real GDP is $700 billion, which of the following policies would bring the economy to potential output? O Increase taxes by $100 billion. O Decrease taxes by $100 billion. Decrease government transfers by $25 billion. ✓ Decrease taxes by $25 billion. Score: 1 of 1
Increasing taxes by $100 billion would bring the economy to its potential output.
How do you calculate the impact of a $25 billion decrease in taxes on GDP?To calculate the impact of a $25 billion decrease in taxes on GDP, we can use the following formula:
GDP = C + I + G + NX
C represents consumption, I represents investment, G represents government spending, and NX represents net exports.
Assume that C = 0.8(disposable income)
The disposable income will increase by $25 billion as a result of the decrease in taxes. Therefore, the increase in consumption is:
C = 0.8 * $25 billion = $20 billion
The increase in GDP from the increase in consumption is:
GDP = $700 billion + $20 billion = $720 billion
Therefore, a decrease in taxes by $25 billion will result in an increase in GDP to $720 billion, which will bring the economy to its potential output.
What is economy?An economy is a complicated system that comprises interrelated activities of production, consumption, and exchange that ultimately determine how resources are distributed among the different participants. The combination of production, consumption, and distribution of goods and services fulfills the needs of individuals and businesses within the economy. An economy can refer to a nation, a region, a single industry, or even a family.
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Refer to the above table. Suppose that demand is represented by columns (3) and (1) and supply is represented by columns (3) and (4). If regulators set a price ceiling at $7, A. the market would clear. B. a shortage of 50 units would occur. C. demand would change from columns (3) and (1) to columns (3) and (2). D. a surplus of 50 units would occur.
Sellers will probably start to hike their pricing if there is a shortage. There will be a surge in the quantity supplied as the price rises.
How do Markets remove a shortage?The surplus and shortfall are located above and below the equilibrium, respectively, according to the graph. Price reductions should be made until the shortage finds equilibrium in order to get rid of excess. Price increases for the product are necessary to eliminate shortages until the market reaches equilibrium.Through price increases, the free market reduces shortages. Prices that are going up encourage consumers to spend less or, if they can, switch to a different product, which reduces demand.Any circumstance in which a group of individuals cannot purchase what they require is referred to as a scarcity in common speech. A housing shortage, for instance, refers to the absence of affordable housing.To learn more about shortage refer to:
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suppose your income rises from $19,000 to $31,000 while the cpi rises from 122 to 169. your standard of living has likely a. stayed the same. b. fallen. c. you can't tell without knowing the base year. d. risen.
In this condition, your standard of living has likely stayed the same.
What is standard of living?A population's standard of living is defined as the quantity and quality of tangible commodities and services that are available to them. The main determinants of standard of living, including income, GDP, life expectancy, and economic opportunity, are the focus. It is closely related to living quality, which can also look at things like political and economic stability, freedom of religion, good environmental conditions, climate, and safety. For instance, since a century ago, the American standard of living has greatly improved. When you put in the same amount of effort, you can purchase more items, and items that were formerly thought of as luxurious, like refrigerators and vehicles, are now widely available.
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why did the government seem to side with employers, rather than workers, through so much of the 19th century?
The employees want more freedom to speak and organize collectively, better pay, less hours, and stronger safety rules. However, the majority of businesses vehemently opposed the union, arguing for the freedom to manage their own private property and carry on with business as usual.
Do employers have jobs?Employers are people or businesses who hire people to perform labor. An employer may be a person, company, organization, NGO, or official of the government. According to the terms of their employment contracts, employers compensate their employees.
The employer is who?The definition of an employer is a person or a group operating in the public, private, nonprofit, or commercial spheres that employs and compensates workers. The employer, who holds the position of authority inside an organization, establishes the conditions of employment for workers and delivers the negotiated terms, such as the compensation.
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what type of agreement accounts for commission to be paid and includes the seller's permission for marketing the property
The most typical kind of listing is an exclusive listing with the right to sell. It grants the broker the exclusive right to earn a commission by bringing a buyer to the property either directly or through another brokerage.
Which three kinds of listings are the most typical?To find a buyer for a property, commercial real estate uses one of three types of real estate listings. a Right to Sell Exclusive, an Organization Listing, and an Open Listing.
Listing agreements are contracts between brokers and sellers for the professional services of real estate brokers. The listing agreement creates a fiduciary and agency relationship here between broker and seller, with the seller serving as the principal and the broker serving as his agent.
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