If the demand for and supply of a good both increase, but demand increases by more than supply, price will:

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Answer 1

Answer: The price will rise because the manufacturer a cannot meet the demand so it will be harder to get the product

Related Questions

Supply chain ____ can inhibit operations due to minimal inventory levels in lean systems. A) Agility B) Risk management C) Disruption D) Vulnerability
Which of the following types of brands is most likely to be recognized by its logo?a. store b. national c. generic d. house
Of the big five personality factors, which is the most strongly associated with leadership
Gwyn owns a furniture store. She notices prices at other furniture stores have increased dramatically over the past two years. She decides she needs to expand her output because demand must be growing. However, in order to do so, she needs to find a loan. What problems could inflation cause for Gwyn?)A. Gwyn may need to spend money to update her price displays throughout the store.B. Gwyn might misinterpret rising prices associated with inflation for a higher demand.Lenders may be wary of providing C. Gwyn a loan because it is difficult to predict future price levels.D. Gwyn will need to pay more capital gains taxes.
Banks channel money from savers to borrowers to _____.investorsthe governmentscarce resources

A manufacturer uses statistical process control to control the quality of the firm's products. Samples of 50 of Product A are taken, and a defective/acceptable decision is made on each unit sampled. For Product B, the number of flaws per unit is counted. What type(s) of control charts should be used?

Answers

Answer:

P- Chart for A

C- Chart for B

Explanation:

P- Charts are the statistical tool in the form of charts which describes the share or proportion of non conforming, basically non acceptable units in the selected sample.

It only has pass/fail, yes/no types of tools to verify and describe the conditions satisfied.

C - Charts are the statistical tools, that counts the non conforming or non acceptable units, individually. It uses a count type technique. In this case also for Product B the flaws are counted per unit basis.

interview any local business owner and request him/her to identity any business problem that they are experiencing

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I just interviewed a local Taxi service provider

Basically, one of the problems that they're facing today is the development of an individual public vehicles provided by tech company such as Uber. He said that it greatly decrease their market shares and cut off their profits up to half of it

Top management at Bachman Audio, a stereo equipment manufacturer, has been working with a consultant to implement ISO 9001. Together, they have been developing methods to meld manufacturing and other processes into efficient and effective systems. Thus, they have been addressing the principle of ISO 9001 known as the:_________

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Answer:

system approach to management

Explanation:

Under the ISO 9001 The system approach to management, about all the processes of the organization are studied so that, all the processes which can be integrated are done so, and all the processes through which actions can be speed up are also taken care.

In this manner, the organization do not segregate into different departments and peoples, but considers to be a set of various processes, which are interconnected.

In the given instance also, the current target is to meld all the operations whether that of manufacturing or other activities.

Thus, it is referred to as:

System Approach To Management.

What are the main similarities and differences between QE in Australia, in the UK, in Japan; in the Eurozone; and in the USA.(comparing to Australia)

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The main similarities between QE in Australia, the UK, Japan, the Eurozone, and the USA are that they all involve central banks purchasing government bonds or other assets to inject money into the economy. This is done to stimulate economic activity, increase liquidity, and support financial markets.

However, there are also some differences in the implementation and scale of QE among these countries. For example, the specific assets purchased, the timing and duration of the programs, and the overall size of the QE programs can vary. Additionally, the specific goals and objectives of QE may differ slightly depending on the economic conditions and policy priorities of each country.

Overall, while there are similarities in the general approach of QE across these countries, the specific details and nuances may vary.

Every company strives to keep _________ brand positive. her his its their

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Every company strives to keep their brand positive.

At a price of $65, consumers demand 650 pairs of shoes, and sellers supply 650 pairs of shoes. The price of $65 (where quantity supplied and quantity demanded both equal 650 pairs of shoes) is the _____.

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At the price of $65, where quantity supplied and quantity demanded both equal 650 pair of shoes is the equilibrium price

In economic, equilibrium price refer to a condition where the price favouring neither the consumers and the sellers, iwhich cause both of the parties have no desire to increase neither the supply nor the demand

Answer:

(B) equilibrium price

Explanation: this is correct!

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Gabrielle is the first person in her family to attend university. As an accounting major her relatives look to her for financial information and guidance. During a recent family dinner, her relatives asked the following questions.Uncle Louis: My 8-year-old grandson will be attending college in 10 years. As a result, I just opened a savings for him and deposited $7,000 into it. What will be the value of the account in 10 years if the interest rate is 4.0 percent compounded annually? My brokerage firm offers two different savings accounts. One savings account provides a tax-free yield of 7%, while another savings account provides a taxable yield of 9.5%. If I am in the 28% marginal tax bracket, which account provides a better return on my savings?

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