Business, 25.04.2020 04:42 tonyiacamper1

With respect to the market clearing price and the equilibrium quantity for good X, an increase in the demand for and a decrease in supply of the good definitely will:.
a. increase the market clearing price of good X but lower the equilibrium quantity of X.
b. increase the market clearing price of good X but have an uncertain impact on the equilibrium quantity of X.
c. increase the market clearing price and the equilibrium quantity of good X.
d. decrease the market clearing price and the equilibrium quantity of good

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 15:00

Which of the following is least likely to a team solve problems together

Answers: 1

Answer

Business, 22.06.2019 18:10

Why would an investor invest in your stocks

Answers: 1

Answer

Business, 22.06.2019 19:30

About 20 years ago, sturdy light, inc., produced a sturdy, lightweight backpack in a market that was rapidly growing. sturdy light became a leader in this market. eventually, the backpack market reached the maturity stage and slowed down. however, by this time, sturdy light had developed a strong brand name and continued to steadily lead the market. which of the following describes this scenario? a. sturdy light was a star that developed into a cash cow. b. sturdy light was a question mark that developed into a star. c. sturdy light was a dog that developed into a question mark. d. sturdy light was a cash cow that developed into a star.

Answers: 2

Answer

Business, 22.06.2019 19:30

He moto hotel opened for business on may 1, 2017. here is its trial balance before adjustment on may 31. moto hotel trial balance may 31, 2017 debit credit cash $ 2,283 supplies 2,600 prepaid insurance 1,800 land 14,783 buildings 72,400 equipment 16,800 accounts payable $ 4,483 unearned rent revenue 3,300 mortgage payable 38,400 common stock 59,783 rent revenue 9,000 salaries and wages expense 3,000 utilities expense 800 advertising expense 500 $114,966 $114,966 other data: 1. insurance expires at the rate of $360 per month. 2. a count of supplies shows $1,050 of unused supplies on may 31. 3. (a) annual depreciation is $2,760 on the building. (b) annual depreciation is $2,160 on equipment. 4. the mortgage interest rate is 5%. (the mortgage was taken out on may 1.) 5. unearned rent of $2,580 has been earned. 6. salaries of $810 are accrued and unpaid at may 31

Answers: 2

Answer

You know the right answer?

With respect to the market clearing price and the equilibrium quantity for good X, an increase in th...

Questions