When the price at which the quantity of a product willing to be purchased by customers and the quantity of product willing to be made by a producer are equal, this is known as the equilibrium price. the market price. the break-even price. either the market price or the equilibrium price.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “When the price at which the quantity of a product willing to be purchased by customers and the quantity of product willing to be made by a ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
You own 1200 shares of Newstar Financial stock, currently trading for $57 per share. You are offered a deal where you can exchange these stocks for 1100 shares of Amback Financial Group stock, currently trading at $60 per share.
Answers (1)
Tyson has decided he wants to be trained and certified in cosmetology. which type of institution of higher learning could provide him with this?
Answers (1)
Which kind of listing gives one broker the right to sell, but allows the owner to sell the property and not owe a commission to the broker?
Answers (1)
What is the most accurate statement about employers using Google and social media sites to screen job candidates?
Answers (1)
Villa Sales Company had the following amounts related to its business: Beginning inventory, $12,000; Purchases, $42,000; Net sales, $50,000; and Gross profit, $15,000. The amount of the ending inventory is $54,000. $77,000. $35,000. $19,000.
Answers (1)
New Questions in Business
Match the business with the appropriate cost system (s) for that business using the number of the cost system where 1 = job order costing, 2 = process costing, and 3 = activity-based costing. a. Ketcher, Tryer, and Friar, attorneys-at-law b.
Answers (1)
Solemon Company has total fixed cost of $15,000, variable cost per unit of $6, and a price of $8. If Solemon wants to earn a targeted profit of $3,600, how many units must be sold?
Answers (1)
Using the following information, what is the amount of net income? Purchases $ 33,189 Selling expenses $ 758 Merchandise inventory, September 1 7,436 Merchandise inventory, September 30 8,978 Administrative expenses 760 Sales 51,684 Rent revenue 832
Answers (1)
You are managing a project and need to cut the cost of the project. You decide to transfer workers to another job to cut the project's costs. Costs associated with transferring the workers are an example of project indirect costs. O True O False
Answers (1)
K Inc. has provided the following data for the month of May: Inventories: Beginning Ending Work in process $ 17,000 $ 12,000 Finished goods $ 46,000 $ 50,000 Additional information: Direct materials $ 57,000 Direct labor cost $ 87,000 Manufacturing
Answers (1)