subject
Business, 18.01.2021 02:20 brookephillips9111

The graph shows the supply and demand curves for a certain product, which has a current selling price of $300. The laws of supply and demand most
support which conclusion about the product?
$500
Demand
Supply
$400
Price
$300
$200
$100
1,000 2,000 3,000 4,000 5,000
Quantity
A. The current selling price for the product is too low.
B. The current selling price for the product is too high.
C. The current selling price for the product is the result of a surplus.
D. The current selling price matches the product's equilibrium price.


The graph shows the supply and demand curves for a certain product, which

has a current selling p

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:30
1. gar principles or "the principles"are intended to do what? a. foster an awareness of the hierarchical structure of the organization b. explain the best method of implementing biometric security techniques c. foster an awareness of the importance of good employee training d. foster an awareness of getting upper level management on board in understanding the need to implement an ig program e. foster an awareness of good record keeping principles
Answers: 1
question
Business, 22.06.2019 03:40
Electronics assembly inc. is a contract manufacturer that assembles consumer electronics for a number of companies. currently, the operations manager is assessing the capacity requirements as input into a bid for a job to assemble cell phones for a major global company. the company would assemble three models of cell phones in the same assembly cell. setup time between the phones is negligible. electronics assembly inc. operates two 8-hour shifts for 275 days per year. cell phone demand forecast (phones/year) processing time (minutes/phone) mars 47,000 19.8 saturn 35,000 20.7 neptune 7,500 16.2 a. calculate total capacity required by line. b. determine the total operating time available. c. calculate the total number of assembly cells. (round up your answer to the next whole number.)
Answers: 2
question
Business, 22.06.2019 11:10
The prebisch–singer hypothesis concludes that: a. technology lowers the cost of manufactured products, so developing countries should see an increase in their terms of trade. b. developing countries experience a long-run decline in their terms of trade, as the demand for primary products in higher-income countries declines relative to their demand for manufactured goods. c. because of unfair trading practices, labor in developing countries is exploited. d. opec has been responsible for a slowdown in the world's standard of living.
Answers: 3
question
Business, 22.06.2019 13:50
The retained earnings account has a credit balance of $24,650 before closing entries are made. if total revenues for the period are $77,700, total expenses are $56,900, and dividends are $13,050, what is the ending balance in the retained earnings account after all closing entries are made?
Answers: 2
You know the right answer?
The graph shows the supply and demand curves for a certain product, which has a current selling pri...
Questions
question
History, 20.09.2019 23:30