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 71 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
Excellent

jojobee318

  • Member
  • Posts: 298
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

A demand delivery system uses a fuel-pressure regulator attached to the fuel pump assembly inside ... A demand delivery system uses a fuel-pressure regulator attached to the fuel pump assembly inside ...
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
The demand for oil can be reduced significantly with the introduction of new higher vehicle mileage The demand for oil can be reduced significantly with the introduction of new higher vehicle mileage
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 ...
The retail price of a packaged CD is $60.00, which includes a tax of 4%. What is the actual ... The retail price of a packaged CD is $60.00, which includes a tax of 4%. What is the actual ...
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
Video: Bipolar Disorder

For a complete list of videos, visit our video library