In a free market, the equilibrium quantity of trade and equilibrium price of a good are determined by.

Answers

Answer 1

In a free market, the equilibrium quantity of trade and the equilibrium price of a good are determined by the intersection of the supply and demand curves. The point at which the supply and demand curves intersect is known as the market equilibrium point.

At this point, buyers and sellers agree on the price and quantity of goods to be exchanged. The equilibrium price is the price at which the quantity demanded is equal to the quantity supplied. At this price, there is neither excess supply nor excess demand. Buyers are willing to buy the quantity of goods that producers are willing to supply at this price.

Sellers, on the other hand, are willing to sell the quantity of goods that buyers are willing to buy at this price. If the price is above the equilibrium price, there will be excess supply, and producers will lower the price. If the price is below the equilibrium price, there will be excess demand, and producers will raise the price.

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Related Questions

Which of the following is one of the seven steps organizations go through when considering a major training initiative?
A. Acquire resources
B. Hire employees
C. Review regulations

Answers

Answer:

A. Acquire resources

Explanation:

The following is one of the seven steps organizations go through when considering a major training initiative is to acquire resources. The correct option is a.

What are resources?

Resources refers to all the materials available in our environment which are technologically accessible, economically feasible and culturally sustainable and help us to satisfy our needs and wants. Resources can broadly be classified upon their availability — they are classified into renewable and non-renewable resources.

They can also be classified as actual and potential on the basis of the level of development and use, on the basis of origin they can be classified as biotic and abiotic, and on the basis of their distribution, as ubiquitous and localised. An item becomes a resource with time and developing technology. The benefits of resource utilization may include increased wealth, proper functioning of a system, or enhanced well-being.

From a human perspective, a natural resource is anything obtained from the environment to satisfy human needs and wants.

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In what three ways does the government affect production of goods and services in the US economy?

Answers

Government activity affects the economy in four ways: The government produces goods and services, including roads and national defense. Less than half of federal spending is devoted to the production of goods and services

please help me i cant solve this :(

please help me i cant solve this :(

Answers

Answer: 25% is your answer

Explanation: (Simplify) 150/600 = 0.25 = 25%

I hope this helps! :)

Identify two major effects of new technology on business during the industrial revolution.

Answers

Answer:

A. Production became faster and less expensive.

B. Workers made more money and worked fewer hours..

Explanation:

if the mean is 32 and the median is 40 what would be value of mode

Answers

Answer:

Step-by-step po:

3 Median = Mode + 2 Mean

Given: Mean = 30  / Mode = 40

Now: 3 Median = Mode + 2 Mean

=> 3 Median = 40 + 2 (30)

=> 3 Median = 40 + 60

=> 3 Median = 100

=> Median = 100/3

=> Median = 33.3

Explanation:

What is the primary duty of a public relations specialist?

A. To create advertising concepts

B. To deliver marketing messages

C. To communicate business activities with the press

D. To oversee graphic design tasks

Answers

Answer:

B. To deliver marketing messages

Explanation:

A public relation specialist is a professional who portrays goods and services in a good light/form to the public. This helps to create awareness and encourages the general public to buy such products.

Public relation specialist ensures that the company has a good relationship between the stakeholders, staffs and the general public thereby avoiding any type of clash.

true or false? complementary and alternative medicine practitioners practice unconventional health therapies such as yoga, vitamin therapy, and spiritual healing. these services normally are paid out of pocket by consumers.

Answers

TRUE, complementary and alternative medicine practitioners practice unconventional health therapies such as yoga, vitamin therapy & spiritual healing. these services normally are paid out of pocket by consumers.

The administration of high concentrations of vitamins and minerals directly into the bloodstream via intravenous (IV) vitamin therapy, also referred to as intravenous micronutrient therapy and hydration therapy, allows for faster absorption of higher doses of the nutrients than if they were obtained through food or supplements.There have always been supporters of spiritual healing, which may be dated back to the Bible. It has recently become incredibly well-liked in the United States, the United Kingdom, and other nations. According to spiritual healers, the therapeutic impact comes from the healer's ability to direct healing "energy" from a presumed source toward the patient.

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Performance discussions should focus on the employee rather than on his or her behaviors. a. True b. False

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The given statement,  "Performance discussions should focus on the employee rather than on his or her behaviors" is false because Performance discussions should focus on the employee's behaviors rather than the employee as a person.

Focusing on behaviors helps ensure that the feedback is objective and constructive, allowing for more effective improvement and growth. It is important to address both areas in order to provide constructive feedback and identify areas for improvement.

Instead of focusing on the employee as a person, performance discussions should center on the individual's actions and outcomes. Managers can give detailed feedback on what an employee is doing well and where there is space for growth by concentrating on behaviors. The employee gains a better understanding of the steps or modifications they may take to enhance their performance.

The employee may perceive your attention as personal criticism, which can be unproductive and demotivating. To encourage improvement and assist employees reach their objectives, managers must provide constructive feedback on actions and results in a polite and encouraging manner.

Thus the given statement is false.

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T & H Research and Consulting requires $350,000 to replace its mainframe computer. A bank will lend funds on a simple discount note for 150 days at a discount rate of 8%. Find the face value required to produce proceeds of $350,000. Use this value to determine the effective interest rate. Use banker's interest of 360 days.

-The face value of the note must be $$_____

-The effective rate of interest is ____%

Answers

To obtain $350,000 in proceeds, T & H Research and Consulting needs a face value of $381,521.74. The effective interest rate for the 150-day simple discount note is approximately 8.82%.

The face value of the note can be calculated using the formula:

Face Value = Proceeds / (1 - (Discount Rate * Time))

In this case, the proceeds required are $350,000, the discount rate is 8% (0.08), and the time is 150 days. Plugging in these values into the formula:

Face Value = $350,000 / (1 - (0.08 * 150/360))

Face Value = $350,000 / (1 - 0.033333...)

Face Value ≈ $350,000 / 0.966666...

Face Value ≈ $362,500

However, since the face value is required to produce proceeds of $350,000, we need to adjust the calculation accordingly. Let's denote the adjusted face value as X:

$350,000 = X / (1 - (0.08 * 150/360))

X ≈ $350,000 * (1 - 0.033333...)

X ≈ $350,000 * 0.966666...

X ≈ $338,333.33 / 0.966666...

X ≈ $350,000

Therefore, the face value required to produce proceeds of $350,000 is approximately $381,521.74.

To determine the effective interest rate, we can use the formula:

Effective Interest Rate = (Discount Rate / (1 - (Discount Rate * Time))) * (360/Time)

Plugging in the values, we have:

Effective Interest Rate = (0.08 / (1 - (0.08 * 150/360))) * (360/150)

Effective Interest Rate ≈ (0.08 / 0.966666...) * 2.4

Effective Interest Rate ≈ 0.082692... * 2.4

Effective Interest Rate ≈ 0.198461...

Effective Interest Rate ≈ 19.85%

Hence, the effective interest rate for the 150-day simple discount note is approximately 19.85% (rounded to two decimal places).

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Marilyn has a biweekly gross pay of $810 and claims 3 federal withholding allowances. Marilyn has all of the following deductions from her gross pay:
federal tax from the following table
A 9-column table with 7 rows is shown. Column 1 is labeled If the wages are at least with entries 720, 740, 760, 780, 800, 820, 840. Column 2 is labeled But less than with entries 740, 760, 780, 800, 820, 840, 860. Column 3 is labeled And the number of withholding allowances is 0, the amount of income tax withheld is, with entries 80, 83, 86, 89, 92, 95, 98. Column 4 is labeled And the number of withholding allowances is 1, the amount of income tax withheld is, with entries 62, 65, 68, 71, 74, 77, 80. Column 5 is labeled And the number of withholding allowances is 2, the amount of income tax withheld is, with entries 44, 47, 50, 53, 56, 59, 62. Column 6 is labeled And the number of withholding allowances is 3, the amount of income tax withheld is, with entries 26, 28, 31, 34, 37, 40, 43. Column 7 is labeled And the number of withholding allowances is 4, the amount of income tax withheld is, with entries 14, 16, 18, 20, 22, 24, 26. Column 8 is labeled And the number of withholding allowances is 5, the amount of income tax withheld is, with entries 1, 3, 5, 7, 9, 11, 13. Column 9 is labeled And the number of withholding allowances is 6, the amount of income tax withheld is, with entries 0, 0, 0, 0, 0, 0, 1.
Social Security tax that is 6.2% of her gross pay
Medicare tax that is 1.45% of her gross pay
state tax that is 21% of her federal tax
Determine how Marilyn’s net pay will be affected if she increases her federal withholding allowances from 3 to 4.
a.
Her net pay will increase by $15.00.
b.
Her net pay will decrease by $15.00.
c.
Her net pay will increase by $18.15.
d.
Her net pay will decrease by $18.15.

Answers

Answer:

c

Explanation:

Answer:

Her net pay will increase by $18.15

1. Your starting balance is $250.00
2. You went to Wal-mart and used your debit card and
spent $45.67
3. You had to stop and get gas for the car at Valero
and used your debit card for $20.00
4. You decided to meet friends at Popeye's for dinner
and swiped your debit card for $7.94
5. You deposited your part-time paycheck for $175.00
6. Saturday you decided to join friends at the mall.
You wanted to have cash so you stopped by the ATM
for $50.00 before driving to NLR.
7. Your car insurance is due next week so you paid
your Insurance Company online $120.00.
8. Show your "math" or work in the space below. What
is your current balance?

Answers

Answer:

Starting Balance: $250.00

$45.67 (Wal-mart purchase)

$20.00 (Gas at Valero)

$7.94 (Dinner at Popeye's)

$175.00 (Part-time paycheck)

$50.00 (ATM withdrawal)

$120.00 (Car insurance payment)

Current Balance: $181.39

Explanation:

Most real estate agencies are created by what?

Answers

Answer: express agency

Explanation: An agency is created by express appointment when the principal appoints the agent by express agreement with the agent. This express agreement may be an oral or written agreement between the principal and the agent.

2) A deer is...
A. a kind of money.
B. a kind of animal.
C. made of shells.
D. gold or silver.

Answers

The answer is A.

Deers are animals

a. a kind of animal, a deer is a kind of animal. :)

anna lives and trains at sea level, but has to travel to a one-day athletic competition occurring at high altitude. according to the textbook, what is the most efficient strategy she should use to maximize her performance at high altitude?

Answers

She should train at high altitude for at least two weeks prior to the event.

What is high altitude?

The distance above sea level is known as altitude, much like elevation. If an area extends at least 2,400 meters (8,000 feet) into the atmosphere, it is frequently referred to as being "high-altitude." Mount Everest, which is located in the Himalayan mountain range on the boundary between Nepal and Tibet in China, is the highest point on Earth. The repercussions of lower oxygen partial pressure in the atmosphere are the main causes of high altitude impacts on people. The amount of oxygen in blood is determined by hemoglobin's oxygen saturation.

At high altitudes the air is much less than at sea level. As a result, a person inhales fewer oxygen molecules with each breath.Given time,  body adapts to the decreased  oxygen  at a higher altitude. This process is known as acclimatization. During this time, various readjustments and compensatory mechanisms take place which reduces the effect of hypoxia. Anna should train at high altitude prior to the event so that her body can adapt to the changes.

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Which type if provider is known for stressing preventative medical care?

Answers

The type of provider that is known for stressing preventative medical care is a primary care provider. They often emphasize the importance of regular check-ups, screenings, and healthy lifestyle habits to prevent illnesses and chronic conditions.

Preferred Provider Organizations (PPOs) and Health Maintenance Organizations (HMOs) are the two most prevalent types of managed care health insurance plans. In most cases, managed care plans make arrangements for members to receive medical services in exchange for subscription fees paid to the plan sponsor, which is typically an HMO or PPO. Individuals get administrations from an organization of supported doctors or clinics that likewise have an agreement with the support.

As a result, administrators of managed care plans serve as intermediaries by contracting with both enrollees and providers to provide medical services. Endorsers benefit from decreased medical services costs, and the medical services suppliers benefit from a reliable client base.

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With regard to suppliers, just-in time typically require: Group of answer choices buyer inspection of all goods and materials. delivery of large lots at regular intervals. the lowest price possible. multiple sources from which to purchase. long-term relationships and commitments.

Answers

Answer: long-term relationships and commitments.

Explanation:

Just in time typically implies long-term relationships and commitment. It requires a good understanding of the supplier and the manufacturer in terms of the quantity and the swiftness with material delivery. When there is a misunderstanding between the manufacturer and the supplier, delivery cones to a halt. This is why there's a need for a long lasting relationship and commitment.

How is international trade different from global trade?

Answers

international trade means a trade that done out side the country you living in even if you export things to your neighbor country it called international trade. for example usa to Mexico

but we use global trade to thing that done out side the continent for example Asia to Europe

which section of title vii states that it is not a violation if an employer refuses to hire or to discharge an employee who is unable to meet the requirements for a national security clearance where federal law or regulations require such a clearance for the job in question?

Answers

703(m) of Title VII section of title vii states that it is not a violation if an employer refuses to hire or to discharge an employee who is unable to meet the requirements for a national security clearance where federal law or regulations require such a clearance for the job in question.

What is title VII religious exemption??

In accordance with Title VII of the Civil Rights Act, businesses must make reasonable accommodations for their employees' honestly held religious views, practises, and observances. Employment discrimination based on religion is also prohibited.

What are examples of religious accommodations?

Schedule adjustments (arrivals, departures, floating/optional holidays, flexible work breaks, and any other scheduling adjustments); voluntary shift substitutions and/or swaps; job reassignments, such as changes of position tasks and lateral transfers; and modifications are examples of religious accommodations.

What is an example of a religious belief?

Examples of religious views are as follows: the conviction of some Christians that wearing a cross as a representation of your faith is appropriate. the notion that a woman should cover her body or head when practising Islam. the acceptance of intelligent design or creationism.

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At a dinner, the meal cost $22.00 and a sales tax of $1.87 was added to the bill. What is the tax rate for meals in this city

Answers

Answer:

1.87/22 = 0.085 = 8.5%

Explanation:

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Which identical four-letter word, when placed in front of the following words, forms a new word?
PRINT, SHAKE, WRITE, STAND, CUFF

Answers

The identical four-letter word that, when placed in front of the following words - PRINT, SHAKE, WRITE, STAND, CUFF - forms a new word is "HAND."


1. Place "HAND" in front of "PRINT": HANDPRINT, which is a new word referring to the imprint of a person's hand.


2. Place "HAND" in front of "SHAKE": HANDSHAKE, which is a new word for the act of shaking someone's hand as a greeting or agreement.


3. Place "HAND" in front of "WRITE": HANDWRITE, which is a new word meaning to write something by hand, typically using a pen or pencil.


4. Place "HAND" in front of "STAND": HANDSTAND, which is a new word describing the act of balancing on one's hands with the body upside down.


5. Place "HAND" in front of "CUFF": HANDCUFF, which is a new word for a restraining device used to secure a person's wrists together.

In each case, adding "HAND" to the beginning of the given words creates a new, valid word in the English language.

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How do you calculate marginal cost from production cost?

Answers

marginal cost The difference in total production costs caused by creating or producing one extra unit is known as the marginal cost in economics.

Divide the variation in production costs by the variation in quantity to determine marginal cost. In managerial accounting, the idea of marginal cost is crucial because it may be used to maximize production through economies of scale within an organization. The overall costs involved in producing an additional good are what is referred to as the marginal cost. Therefore, it can be evaluated by changes in the costs associated with each extra unit. Because a corporation seeking to maximize profits will only create until marginal cost (MC) equals marginal income, marginal cost is a key concept in economic theory.

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One characteristic of all markets is that they are A. places of exchange
B. focused on local products
O C. open to competition
D. inexpensive places to buy goods

Answers

The correct option is ( C)  open to competition. The fundamental characteristics of market is that they are openness to competition.

All markets share the characteristic of being places of exchange. They facilitate the buying and selling of goods and services.

Markets serve as a platform where buyers and sellers come together to engage in transactions. They provide a physical or virtual space where products and services are exchanged for money or other forms of value. This exchange can take place in various forms, such as traditional brick-and-mortar marketplaces, online platforms, or even informal settings like street markets.

Multiple sellers and buyers interact, offering a variety of choices and promoting fair competition, leading to efficiency and better outcomes for participants.

The competition among sellers often leads to price discovery and the optimization of product quality, benefiting consumers in the process.

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what is spam?
A unauthorized email featuring anonymous threats
B unauthorized email asking for sensitive information
C unauthorized email advertising services and events
D unauthorized email accidentally sent to the wrong address

what is spam?A unauthorized email featuring anonymous threatsB unauthorized email asking for sensitive

Answers

the correct answer is a
It is C because spam is when something is being repeat over and over so advertising services and events is spam because it could be repetitive!
Hope this helped

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Which portion would not be part of an investment portfolio? (Select the best answer.) commodities funds

a savings account

a savings 529 plan

equity investments in a company

Answers

Answer:

a savings 529 plan

Hope this helps plz mark me brainliest

Answer:

A savings account

Explanation:

Took the quiz

how do u respond to lol

Answers

Answer:

depends on what you are lol ing about

Explanation:

A voluntary export restraint is an agreement signed willingly between the importing country and the exporting country for a restriction on the

A) balance-of-payments statements.

B) volume of exports.

C) overall tax.

D) number of businesses eligible for imports.

E) government’s portion of the paid tariff.

Answers

A voluntary export restraint is an agreement signed willingly between the importing country and the exporting country for a restriction on the volume of exports.

Voluntary export restraints, also known as VERs, are trade policy measures in which an exporting country voluntarily agrees to limit the quantity or value of its exports to a specific importing country. This agreement is usually initiated and implemented at the request of the importing country. The exporting country voluntarily restricts its exports to prevent the importation of a specific product from exceeding a certain level or to address concerns related to trade imbalances, domestic industry protection, or market disruption.

The purpose of a voluntary export restraint is to protect the domestic industries of the importing country from the potentially adverse effects of increased imports. By voluntarily limiting the volume of exports, the exporting country aims to maintain a more balanced trade relationship, alleviate pressures on the domestic industries of the importing country, and address concerns related to balance-of-payments issues.

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“Creditors do not actually have to worry about their dues in case the business fails.” In which
form of business is this possible? Which special feature is highlighted in this statement ?

Answers

Answer:

Sole proprietorship

The sole proprietor(not creditors but creditor) bears all losses

Explanation:

Sole proprietorship is a form of business in which there is no legal difference between the owner and the business entity as both are one and the same. The term 'sole' connotes 'only' while 'proprietorship' connotes 'owner(ship)'; it is also referred to as individual entrepreneurship. This is because only the owner of the business (the proprietor) bears all the risks (losses, debts, legal actions etc) and benefits (profits, dividends etc) of the business venture. He owns all the assets of the business venture, debts as well as the legal actions (whether positive or negative); when business is faring well, he enjoys a handsome profit and when business is struggling, he also bears the brunt of it.

The special feature highlighted in the statement above is the reality that the "creditors" refers simply and only to the proprietor (the owner of the business); in which case, if the business fails, the proprietor does not have to bother about the backlash from creditors' pressures, legal actions etc. He is the sole bearer of the losses of the business venture.

3. Which of the following would NOT be a factor that affects which products a retailer chooses
to select to offer in a store?
A. Local customer preferences
B. Manufacturer incentives
C. Employee preferences
D. The store's location
ailor's

Answers

Employee choices wouldn't have any influence on the products a retailer selects.

What elements influence retail stores? What are the top five most crucial elements for a retail market?

Location, marketing, shop design and appearance, service and selection, and bundle selling are the five pillars of retail success. Let's examine how each of them can assist you in starting a profitable retail business.

What are the seven elements that influence where an industry is located?

The seven variables that affect whether or not an industry is established are: the supply of materials, labour, capital, market access, the availability of a plentiful supply of electricity, transport modes like railroads and roads for the road transport of finished goods and raw materials, and the availability of land.

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Joe was getting ready for his first performance evaluation at his new company. He had made a list of all the things that he felt he needed to improve upon as was the custom at his previous organization. He was surprised when he walked into his evaluation meeting to find his supervisor ready to discuss how he can develop himself for promotional opportunities. What element of the importance of human communication in business and professional contexts does this example illustrate

Answers

Explanation:

This example illustrates that the communication process can often be impacted by past experiences. In this case it is clear that Joe was preparing for his first performance appraisal as he did in his previous organization, but he was surprised because in the new company the performance appraisal process was focused on development for new promotional opportunities, not development staff as was previously done.

Therefore, communication is a process impacted by experiences, it is in the organizational environment it is a dynamic process that varies according to the objectives, structure and organizational culture.

should organizations ignore customers with unethical demands? what are the potential benefits and drawbacks of doing so?

Answers

Organizations should not ignore customers with unethical demands, as it can lead to serious repercussions for the organization.

Ignoring such requests can also be seen as a lack of respect for the customer, and can lead to negative publicity and a decrease in customer loyalty. On the other hand, organizations should be aware of the potential legal, financial, and reputational risks of fulfilling unethical demands. Fulfilling such requests can lead to negative publicity and a loss of trust in the organization.

Ultimately, organizations should consider the potential risks and benefits of each request before making a decision. They should also have a clear policy in place to guide their decision-making process.

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