What is the balance between supply and demand called ?

What Is The Balance Between Supply And Demand Called ?

Answers

Answer 1

Answer:

I think it is Market equilibrium

Answer 2

The balance between supply and demand is known as the market equilibrium.

The supply and demand are determined through the price mechanism in a free market. Such as if the goods or services are bought more frequently then their prices will go up and vice versa.

This means that the price mechanism helps to determine what goods are to be produced. In the case where the demand for good increase will result in price go up and will ultimately result in producers supplying more of those goods.

This system of price helps to scale the point where competing demands may be weighed by the consumer or producer requirements.

However, the movement towards the price equilibrium and the resulting balance between the supply and demand is known as the market equilibrium.

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Related Questions

David Davis plans to save $2,735 every year for the next eight years, starting today. At the end of eight years, David will turn 30 years old and plans to use his savings toward the down payment on a house. If his investment in a mutual fund will earn him 12.0 percent annually, how much will he have saved in eight years when he buys his house

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Answer:

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Explanation:

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You sell friendship bracelets. You have an agreement with your best friend, Georgina, who is a great artist
in photography, that she will photograph all her subjects wearing your friendship bracelets. You have
agreed that you will get 25 percent of the proceeds from the sale of photographs and she will get 25
percent of the sale proceeds from your bracelets. It turns out that Georgina had a photo-lab partner who
actually did all the film and photo development while she just took the pictures, and who wanted part of her
proceeds. Because of this arrangement, you are considered to be a partner with him.
False
Theo

Answers

Answer
False

Explanation
You are still giving her the 25% not him

Learners with a _____ learning style prefer reading, writing, and speaking. naturalistic logical/mathematical verbal/linguistic none of the above

Answers

Answer:

Verbal/linguistic learners prefer learning activities that involve reading, writing, and speaking.

Explanation:

advantages of apron in points​

Answers

We all know aprons have numerous advantages as they can be worn for hygienic purposes by covering the front of the body. To prevent the inner clothes from dust, dirt, spills and debris during cooking, serving, cleaning or performing a creative task. Aprons protect your clothes and acts as a protective barrier.

• To keep clothes clean & tidy.
• For added protection from things like spills, food, dirt, germs, hazards, hair, chemicals, paint, art materials.
• To hold pens, tablets, tools of the trade in easily accessible pockets.
• As part of a uniform.
• For a professional look with branding.

Hope it helps <3
Help me and mark as brainliest plz plz


Stuart McGregor’s goal was to be a chef, and he received a highly prestigious apprenticeship just before turning 17. Soon after starting his apprenticeship, he
Experienced verbal abuse at work, and colleagues began making innuendos about his sexuality. He was once given a large bag of peas by the kitchen managers and asked to count them.
McGregor was told by his colleagues that he was going to receive an award. Excitedly, he called his family and could not wait to receive the award later in the day. Unknown to him, however, his peers had broken into his car and stolen the knob of his gear stick. They then wrapped it up and gave it to him as his “award” in front of the entire staff.
McGregor was regularly asked to perform tasks he did not know how to do and then was ridiculed when he did them incorrectly. Shortly before the conclusion of the apprenticeship period, he was invited to go on a camping trip with his workmates. Sadly, the kitchen managers threatened him with bodily harm if he went. McGregor was afraid for his safety and made excuses to avoid the trip.
Another employee ultimately complained about being bullied, and investigators questioned McGregor about his experience. He denied being bullied, probably out of fear for his safety, fear of losing his job, or because he thought he could handle the situation.
Consider how you might have resolved the situation faced by Stuart McGregor. Applying the 3-Step Problem-Solving Approach
1. Define the problem in this case.
2. Identify what OB concepts or theories help explain McGregor’s situation and reaction.
3. Recommend what you would do if you were McGregor and also if you were the manager of the
restaurant.
Prepare a 15-minute PowerPoint presentation on your approach indicating the problem, the theories you will use to explain the problem and the recommendations you will suggest.

Answers

1. The problem in this case is the bullying that McGregor suffers in the workplace and his difficulty in seeking help to solve the problem for fear of losing his job or because he thought he would know how to deal with the situation.

2. The concepts or theories of Organizational Behavior (OB) help to explain McGregor's situation and reaction towards identifying the motivation of an individual's actions in the workplace.

McGregor's behavior was influenced by the bullying he suffered, and the behavior of his co-workers may have been influenced by the fact that McGregor is only 17 years old and has already achieved a prestigious apprenticeship to help him achieve his goal of becoming a chef.

3. Looking at the case, what McGregor should have done was to immediately report to his manager the abuses he was experiencing in the workplace.

And the manager should seek to identify the problem based on the analysis of the integration of employees, coordinating the team and motivating ethical behavior in the company.

Therefore, from the 3-step problem solving approach is to identify the problem, create strategies for change and implement the solution.

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For each situation below, state whether it is an example of the income effect changing quantity demanded or an example of a change in income shifting demand.
a. The mean income in Detroit rises and people purchase more homes. _______________
b. The price of frozen pizza decreases, making frozen pizza more popular among college students. ______________
c. A recession forces many people out of work and more people purchase ramen noodles than before. ____________
d. An increase in the price of game consoles decreases sales, as fewer people can afford them. _______________

Answers

The following are examples of the the income effect changing quantity demanded :

The price of frozen pizza decreases, making frozen pizza more popular among college students.An increase in the price of game consoles decreases sales, as fewer people can afford them

The following are examples of a change in income shifting demand:

The mean income in Detroit rises and people purchase more homes.A recession forces many people out of work and more people purchase ramen noodles than before.

The income effect leading to a change in quantity demanded arises when a change in the price of the good changes. Here purchasing power changes yet money income remains constant. The income effect leads to movement among the demand curve for the good.

A change in income that leads to a shift in demand occurs when there is a change in income leading to either an outward or inward shift of the demand curve.

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The amount of a real estate broker's commission is

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In India, the majority of properties are sold with the help of a real estate broker or agent. When the broker helps a seller and buyer get in touch with each other and both the parties agree to engage in the transaction, then both the parties are required to pay a certain %age of the property value as a fee to the real estate broker. Read below to know about the real estate broker commission rates India:

There are no specific guidelines laid for the commission paid to real estate brokers. In India, real estate agents usually ask the seller and the buyer to pay 1-2% of the deal value as their commission, also known as the real estate brokerage fee.

In 2015 Paul Gauguin's painting When Will You Marry sold for $300 million. Portray this sale in a demand and supply diagram and comment on the elasticity of supply. Comedian George Carlin once mused, "If a painting can be forged well enough to fool some experts, why is the original so valuable?" Provide an answer.

Answers

Answer:

Answer: The original painting is valuable because there is demand tor it in the market The demand is derived demand because the buyer wants to show his status in the society, and it could only be possible by associating with it. He is also the ones

Because there is a market for it, the original painting is valuable. The buyer wants to demonstrate his social standing, which drives demand.

What is Law of demand ?

According to the law of demand, the quantity bought varies inversely with price. In other words, if the price increases the demanded quantity decreases.

He is also the person who paid the most to reserve the painting. The individual who values it the highest will get it if there is only a limited supply on the market. Some people strongly prefer the original picture and would not pay for it even though there are duplicates on the market.

The demand will then increase significantly. The original picture is represented by the demand curve in the aforementioned graph. when there is only one surviving original master work At equilibrium, the market's price is high.

Hence the original painting's demand is high and quantity is less, that's why it is sold for $300 million.

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What is a "strategic move"?
A strategic move is
1) the outcome of a game in which each player is doing the best it can regardless of what its competitors are doing
2) a commitment to reduce one's options
3) an action that obeys the rules of the game
4) a strategy that is optimal no matter what an opponent does.
5) a value associated with a possible outcome

Answers

Answer:

four

Explanation:

The answer is four because the dictionary definition is "in order to gain a strategic advantage and increase one's payoff." If you have an advantage than it doesn't matter what your opponent does. So there for the answer is #4.

Work hours are unlimited for which of these as it pertains to child labor laws?
O A. Ages 12-16
O B. Ages 16-17
O C. Ages under 14
O D. Ages 14-15

Answers

Answer: D

Explanation: Im not sure if im correct but i believe its D

What information should be included in the opening paragraph of a thank-you letter?
a.
Mention skills that were omitted during the interview
b.
Reinforce any points perceived as weaknesses
c. Mention looking forward to a response
d. Reinforce interest and fit for the position

Answers

In a "thank-you letter," the opening paragraph should d. Reinforce interest  and fit for the position.

 

In the second paragraph, you should mention skills omitted during the interview and reinforce weaknesses before stating that you look forward to receiving a response.

 

A thank-you letter should have a positive tone and convey enthusiasm for the job if this were the case. Do not overcommit yourself or sound desperate. Express your gratitude for the opportunity to learn more about the company, showing your interest in the position.

 

Thus, in the opening paragraph, you should reinforce your interest and fit for the position.

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Answer:c. mention looking forward to a response

Explanation:

Help help help buissness help help

Answers

Answer:

B

Explanation:

Answer: B

Explanation:

Financial managers: Question 5 options: 1) play such an important organizational role that they often are called operations managers 2) focus on profit maximization 3) are not typically involved in long-term strategic planning 4) are simply a type of bookkeeper 5) are described by none of the above

Answers

It should be noted that financial managers play a vital role in an organization as they E. are described by none of the above.

Financial managers are responsible for the financial health of an organization. It should be noted that they produce financial reports and develop strategies that'll aid the financial growth of the company.

The three major function that's the financial manager plays include investment, dividend, and the financial decisions.

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All proposals should be formal documents.

True

False

Answers

Answer:

false..................

False....................

Please help for this question

Answers

Answer:

task based maybe ?

Explanation:

if it's correct than mark me brainliest

The right body language during an interview can show that you are
(plzz aswer I have to do this now)

a
bored

b
confident

c
insecure

d
nervous

Answers

[tex]\huge \bf༆ Answer ༄[/tex]

The Correct choice is ~

[tex] \sf{b. \: \: confident}[/tex]

Circuit Pro, a manufacturer of electrical circuits, wants to decrease the per-unit cost of making its products. Which incentive should Circuit Pro offer to align workers with firm-level strategic objectives

Answers

Based on the information given, the incentive that should be used is that an employee with a cost-cutting idea will be paid 10% of the first-year savings.

Strategic objectives simply mean the purpose statement that are vital in creating an overall vision for a company and setting its goals to achieve desired outcome.

Since the manufacturer of electrical circuits, wants to decrease the per-unit cost of making its products, the incentive should be that an employee with a cost-cutting idea will be paid 10% of the first-year savings. This will help the workers align with the objective

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Last year, Joan purchased a $1,000 face value corporate bond with an 11% annual coupon rate and a 25-year maturity. At the time of the purchase, it had an expected yield to maturity of 11.96%. If Joan sold
the bond today for $1,154.91, what rate of return would she have earned for the past year? Round your answer to two decimal places.

Answers

Joan's bond receivable has earned a 15.49% rate of return for the past year.

Data and Calculations:

Face value of the corporate bond = $1,000

Annual coupon rate = 11%

Maturity period = 25 years

Expected yield too maturity (YTM) = 11.96%

Current bond's price = $1,154.91

The rate of return earned since last year = 15.49% {($1,154.91 - $1,000)/$1,000}.

Thus, Joan's bond receivable has earned a 15.49% rate of return for the past year.

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On 12/31/Year 1 Passey Co. acquired a 100% interest inSolomon Co. by exchanging 10000 shares of its common stock for100000 shares of Solomons common stock. The fair market value ofPasseys common stock on December 31 Year 1 was $9 per share andthe fair value of Solomons was $3.50 per share.Additional information as of December 31 Year 1 is as follows:
Solomon Co.
Book Values Fair Values
Current assets $115000 $115000
Plant assets 200000 255000
Liabilities 10000 10000
Passey Co.Plant assets$1700000 $1800000
Passeys consolidated financial statements as of December 31 Year1 would report plant assets at:__________.
i. $1700000
ii. $1800000
iii. $1955000
iv. $2055000

Answers

The consolidated financial statements of Passey Co. as of December 31, Year 1 would report plant assets at iii. $1,955,000.

Data and Calculations:

Passey Co.s shareholding in Solomon Co. = 100%

The fair value of Solomon's = $3.50

The fair value of Passey's = $9

Solomon Co.

                                         Book Values   Fair Values

Current assets                      $115,000       $115,000

Plant assets                         200,000       255,000

Liabilities                                 10,000           10,000

Passey Co.

Plant assets                   $1,700,000 $1,800,000

Consolidated Plant Assets:

                                              Passey Co.   Solomon Co.  Consolidated

Number of shares exchanged  10,000          100,000

Plant assets                       $1,700,000      $255,000       $1,955,000

Thus, the consolidated financial statements of Passsey Co. as of December 31, Year 1 would report plant assets at iii. $1,955,000.

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The number of textile and agricultural jobs in NC have decreased due to:

Answers

The downfall of the textile industry in South Carolina was attributed to factors such as cheaper labor elsewhere, technology, automation, and other factors related to modernity, wages, education, and economic diversification.

What do you mean by economic diversification?

Economic diversification is the process of transitioning a country's economy from a reliance on a single revenue stream to a variety of sources coming from an expanding number of industries and markets.

It has historically been used as a tactic to promote beneficial economic growth and development.

Diversifying away from vulnerable goods, markets, and jobs in favor of revenue sources that are low-emission and more climate resilient becomes more pertinent in the context of adaptation to climate change.

With more than 2,800 unique products exported to more than 120 nations, Chile is an example of a varied economy. Zambia, a country with equal copper resources, exports just over 700 goods, or one-fourth of Chile's total exports, and only to 80 nations.

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Help help help help help help

Answers

Answer:

Pretty sure its A

On January 1, 2020, Holiday Inc. offered a stock option incentive plan to a top executive. The plan provided the executive 300 stock options for Holiday Inc. $1 par value, common stock at an option price of $15 per share through the expiration date of January 1, 2026. The fair value of the options based upon an option-pricing model on January 1, 2020, is $12,000. The market price at year-end of Holiday Inc. stock is $15 per share on January 1, 2020, and $18 on December 31, 2020. The requisite service period is 3 years. The options were not exercised. Which of the following are true regarding the entry on January 1, 2026?
A.
No journal entry required
B.
Paid-in Capital—Stock Options would be credited for $9000
C.
Paid-in Capital—Stock Options would be credited for $12,000
D.
Paid-in Capital—Stock Expired would be credited for $12,000

Answers

Answer: The answer is Option D, paid-in Capital—Stock Expired would be credited for $12,000.

Explanation: Option D is Right, i.e. Stock option expired would be credited for $12,000. Whenever a share option is expired then it is requiring to make a journal entry to relabel the equity as expired stock options for the balance sheet purposes. This helps managers and investors understand that they won’t be issuing stock to the employee at a discounted price in the future. For this purpose, it is requiring to make entry that debit the stock option equity account and credit the expired stock option equity account.

How can a company economically benefit by Producing green products

Answers

Your company can benefit from tax breaks, government subsidies, savings from eco-friendly practices, and increased popularity

According to the income balance, the “+” sign refers to _____ and the “-” sign refers to _____

Answers

Answer:

positive negative or addition and subtraction

incoming dollars coming in when merchandise is exported; dollars that leave the country to pay for imports

How much interest would be paid on a credit card at the end of the second 30-day month on a one-year $1,000 loan at a 12.99% annual rate? Assume you pay nothing at the end of the first 30-day month.
a. $109.10
b. $10.92
c. $108.10
d. $10.91
e. $10.80

Answers

The amount of interest that would be paid on a credit card at the end of the second 30-day month is equal to: E. $10.80.

Given the following data:

Principal = $1,000Interest rate = 12.99%Time = 30 days

Conversion:

365 days = 1 year

30 days = X year

Cross-multiplying, we have:

[tex]365X = 30\\\\X=\frac{30}{365}[/tex]

X = 0.08219 year

To determine the amount of interest that would be paid on a credit card at the end of the second 30-day month:

First of all, we would calculate the simple interest for the first 30-day month:

Mathematically, simple interest is given by the formula:

[tex]S.I = \frac{PRT}{100}[/tex]

Where:

S.I is the simple interest.P is the principal amount.R is the interest rate.T is the time measured in years.

Substituting the given parameters into the formula, we have;

[tex]S.I = \frac{1000 \times 12.99 \times 0.08219}{100}\\\\S.I = \frac{1067.648}{100}[/tex]

Simple interest = $10.6765

[tex]S.I = 1000 + 10.6765[/tex]

S.I = $1010.6765.

Now, we can determine the amount of interest that would be paid on a credit card at the end of the second 30-day month:

[tex]S.I_2 = \frac{1010.6765 \times 12.99 \times 0.08219}{100}\\\\S.I_2 = \frac{1079.05}{100}[/tex]

Interest = 10.79$10.80.

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Which liquidity ratio is considered to be the most stringent because it eliminates inventory in its measurement

Answers

Acid test or quick ratio is the liquidity ratio that is most stringent because it

eliminates inventory in its measurement.

Acid test ratio can be calculated by:

Current assets - inventory

current liabilities

Acid test ratio eliminates the inventory which is the least liquid asset from

current assets. This ratio help companies determine how fast it can convert

its assets into cash in order to take care of its liabilities.

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7 thousand shares of treasury stock of Marker, Inc., previously acquired at $14 per share, are sold at $20 per share. The entry to record this transaction will include a

Answers

Based on the information given the entry to record this transaction will include a credit to  additional paid-in capital for $42,000.

Marker, Inc. Journal entry

Debit Cash $140,000

(7,000 shares×$20 per share)

Credit Treasury stock $98,000

(7,000 shares×$14 per share)

Credit Additional paid-in capital - treasury stock $42,000

[($20-$14)×7,000 shares]

(To record treasury stock)

Inconclusion the entry to record this transaction will include a credit to  additional paid-in capital for $42,000.

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Help help pelsss I need to pass thanks I’ll give points for honestly

Answers

What is the scenario? You need that in order to answer.

Help help help help help

Answers

B..................................              

Market equilibrium is the _____ between businesses and consumers.

Answers

Answer:

A.compromise

Explanation:

:) hope its help

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