This topic contains a solution. Click here to go to the answer

Author Question: If the prevailing price of shirts is 10 and at this price demanders demand 100 shirts while ... (Read 74 times)

a0266361136

  • Hero Member
  • *****
  • Posts: 538
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
Answer to Question 1

b

Answer to Question 2

a




a0266361136

  • Member
  • Posts: 538
Reply 2 on: Jul 1, 2018
Gracias!


Dinolord

  • Member
  • Posts: 313
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

For a complete list of videos, visit our video library