Question 12 of 20 How is an equilibrium price determined? A. By finding a price that meets the highest quantity supplied by producers B. By finding a price that exceeds the expenses producers take on to create supply C. By finding a price that meets the highest quantity demanded by consumers D. By finding the price where quantity supplied matches quantity demanded

Answers

Answer 1

Answer:

Answer:

D. By finding the price where quantity supplied matches quantity demanded

Explanation:

The equilibrium price refers to a price where there is no excess or shortage in demand and supply. Both sellers and buyers are happy to trade the current volumes at the stated price. In a graphical presentation, the equilibrium price is the point at which the demand and supply curves intersect.

The equilibrium price is the prevailing market price where demand matches supply.

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Which of the following is an example of a strength of using a database?Databases only allow one person to access data at a time, which reduces user error.Databases only allow local access, which reduces the threat of information being stolen.Databases increase the power of the operating system, which can make your work faster.Databases can be used to track information related to your business, which could increase profits.

all of the following are expenses associated with home ownership that's should be planned for early in the process except: a.) mortgage payments b.) closing cost c.) property taxes d.) dependable source of income

Answers

The closing costs are only paid once, unless they are included in the amount borrowed with the mortgage. than it is included in the mortgage payment
The following payments must be paid monthly,
Mortgage
Property taxes

dependable source of income
This answer must be shown to get a mortgage
So closing costs is the exception.

What percentage tariff increase has NERSA granted eskom for the financial period of 2016/2017

Answers

The answer to the question that is being asked and stated above would be 9.4 percent (9.4%). The percentage tariff increase that NERSA has granted eskom for the financial period of 2016/2017 would be 9.4%. It was proposed to be higher, but NERSA didn't approve of it.

4) Which of the following is least likely to be your primary health care provider?a. an allergist
b. an internist
c. an obstetrician-gynecologist

Answers

an allergist cannot be a primary care provider.

Suppose there are four firms that are each willing to sell one unit of a good. Each firm has a different minimum price that they are willing to sell for: Firm A $6, Firm B $7, Firm C $10, and Firm D $12. If the market price is $11, then the total producer surplus is _________.A) $10. B) $11. C) $33.D) $9.

Answers

Answer:

A) $10

Explanation:

Producer surplus is the difference between the least amount sellers are willing to sell their product and the price of the product.

Producer surplus for firm A = $11 -$6 = $5

Producer surplus for firm B = $11 - $7 = $4

Producer surplus for firm C = $11 - $10 = $1

Firm D does not make a producer surplus because the producers minimum price is greater than the market price

Total producer surplus = $5 + $4 + $1 = $10

I hope my answer helps you

Cashier's checks are generally required for A. grocery store purchases. B. mortgage fees. C. purchases made during overseas travel. D. credit card payments.

Answers

The right answer for the question that is being asked and shown above is that: "C. purchases made during overseas travel." Cashier's checks are generally required for C. purchases made during overseas travel.

Which of the following is one disadvantage for a company that goes public?A. Investors don't know about the company's finances.
B. Stockholders have no control over the management.
C. Large bank loans become more difficult to obtain.
D. The company faces more government regulations.

Answers

One disadvantage for a company that goes public is : D. the company faces more government Regulation After the company went public, every Individual who had money will be able to buy/purchase the stock directly from the stock market. In order to maintain the order and the openess , Givernment put stricter regulation for public company. For example, Public companies are required to be audited by independent Public accounting Firm every Quarter of its operation

The company faces more government regulations is one disadvantage for a company that goes public. Thus, option (d) is correct.

When a firm becomes public, the company has less discretion to take certain actions without board approval and the support of a majority of shareholders.

When promoters drastically diluted their share after going public, this was the worst outcome. A disadvantage of going public is that a lot of the information and financial statistics about the company become public.

Therefore, option (d) is correct.

Learn more about on company, here:

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