If the price of a product is higher than the equilibrium, what will occur?

A. There will be a surplus.

B. There will be deflation.

C. There will be a shortage.

D. There will be unemployment.

27. You want to have $1 million in your savings account when you retire. You plan on investing a single lump sum today to fund this goal. You are planning on investing in an account which will pay 7.5 percent annual interest.

What's the main advantage of establishing per-item prices on an order and pricing form? a. Clients are informed in advance that high-cost items should be excluded. b. You can estimate your total cost and reduce overhead. c.

What components of GDP (if any) would each of the following transactions affect? Explain. a. Uncle Henry buys a new refrigerator from a domestic manufacturer. b. Aunt Jane buys a new house from a local builder. c.

Your friend Ed has a money market mutual fund account, automatic deposit of his paycheck into an interest-bearing checking account at the company credit union, and a CD form the local branch of a bank that advertises "coast to coast" banking.

The following information pertains to Xavier Corp. and its divisions for the year ended 12/31/20: Sales to unaffiliated customers $4,000,000 Intersegment sales of products similar to those sold to unaffiliated customers 900,000 Interest earned on

When builders were constructing a sidewalk they forgot to include an expansion joint between two of the?

Included in Waterway Company's December 31, 2017, trial balance are the following accounts: Accounts Payable $221,600, Pension Liability $384,400, Discount on Bonds Payable $32,700, Unearned Rent Revenue $41,100, Bonds Payable $400,600, Salaries and

The law of increasing opportunity costs is a result of the fact that: a. A) the value of the dollar has declined over time. b. B) wage rates rise as the economy reaches full employment. c.

A company has beginning inventory of 11 units at a cost of $29 each on February 1. On February 3, it purchases 39 units at $31 each. 17 units are sold on February 5.

Suppose that a rap grouprap group called RG 2RG2 has released its first CD with LiveLive Records at an intended list price of $14.99. Music stores have discovered that they can markup the price to $17.99 with continued strong sales.