- When supply of a commodity increases without change in price, it is called

Q: Refer to Figure 3-1. The rate of trade-off between producing chairs and producing couches is…

A: Let us define the concept of opportunity cost. Opportunity cost theory states that the cost of a…

Q: Can employees, managers, and executives have too much information?

A: When a system's processing capability is exceeded by the amount of data it receives, information…

Q: what about question g

A: Equilibrium price is a fundamental concept in economics that refers to the price at which the…

Q: Why junk food is a demerit good

A: A demerit good is defined as one which has harmful effects on the consumers but these effects are…

Q: How healthy is your P/PC Balance in balance work and home?

A: Our lives are constrained by the choices we make. Despite the fact that there are factors that we…

Q: Answer the questions a through f

A: As per company policy we are only supposed to answer one question up-to 3 subsets in one session, so…

Q: Why it is essential to focus on the customer when planning sales calls?

A: Sales call refers to the situation where the sales person is meeting with the potential customer…

Q: What can you do to reduce your risk of unemployment and increase your earning potential? Use the…

A: The most ideal approach to reduce the risk of unemployed and make potential money is to get hired…

Q: It is a share of ownership in a business or company

A: Investors who swap capital for these units possess shares, which reflect equity ownership in a firm…

Q: how do you write an audit of how you nonverbally communicate?

A: Title: Audit of Nonverbal Communication SkillsIntroduction:This audit aims to evaluate and assess…

Q: Based on the Customer Social Responsibility program, what are other areas that you think need…

A: Customer Social Responsibility program is a conscious business model aiming at making firms more…

Q: What are you planning for when you plan for retirement? how to pay for your next vacation how to pay…

A: Before retirement, I get steady monthly income to maintain my lifestyle. But after retirement, I…

Q: You see an advertisement for a used car. The owner has not set a price but asks for people to make…

A: The true value of the car is likely to be around $1000 to $9000. The average of the true value is…

Q: If the value of the CPI in 2010 was 218.1 and the value of the CPI in 2011 was 224.9, calculate the…

A: Inflation rate can be calculated as follows.

Q: Describe the Emergencies Act. Why was it most recently used?

A: Describe the Emergencies Act. Why was it most recently used?

Q: I need help with this

A: OPPORTUNITY COST:     Opportunity cost is the benefit lost by an individual, investors, or business…

Q: When does the money have time value?

A: The concept of the time value of money is based on time preferences and the fact that it can be…

Q: please answer without using the excel

A: The Minimum Attractive Rate of Return, often known as the MARR, is a fair rate of return that is…

Q: Define complete information

A: Game theory in economics deals with strategic interaction among various players. It shows how…

Q: Can you please provide your work.

A: (c) Consumers problem can be written as       1) Maximize utility subject to budget constraint…

Q: It tells me these are not correct either

A: The internal growth rate is a financial metric that represents the maximum rate at which a company…

Equilibrium Price and Quantity

Equilibrium refers to a state of balance that comes about because there is equality in all forces.