This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the prevailing price of shirts is 10 and at this price demanders demand 100 shirts while ... (Read 39 times)

a0266361136

  • Hero Member
  • *****
  • Posts: 538
on: Jul 1, 2018
If the prevailing price of shirts is 10 and at this price demanders demand 100 shirts while suppliers are willing to supply 110 shirts, there is a(n)
 a. shortage at the 10 price.
  b. surplus at the 10 price.
  c. equilibrium in this market.
  d. shortage if price were to rise above 10.

Question 2

A division of a firm is
 a. a logical sub-organization of the firm
  b. a level within the firm in which a large degree of autonomy is vested
  c. a level of hierarchy within a firm that defines the scope of a manager
  d. all of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sierrahalpin

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

a


a0266361136

  • Member
  • Posts: 538
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

ricroger

  • Member
  • Posts: 352
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

The demand for energy is met by burning coal and other fossil fuels The demand for energy is met by burning coal and other fossil fuels
The original Supply and Demand graph The original Supply and Demand graph
Find the factor demand for labour and the amount of output it will produce. Show all ... Find the factor demand for labour and the amount of output it will produce. Show all ...
The net price of an article is $79.84. What is the list price if a discount of 23% was allowed? The net price of an article is $79.84. What is the list price if a discount of 23% was allowed?
If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in ... If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in ...
Your company advertises all prices on the menu board as a final price, including HST of 13%. A ... Your company advertises all prices on the menu board as a final price, including HST of 13%. A ...
Video: Glycolysis Animation

For a complete list of videos, visit our video library