Business High School

Which needs to happen to the price indicated by p2 on the graph in order to achieve equilibrium?

A. It needs to be increased.
B. It needs to be decreased.
C. It needs to reach the price ceiling.
D. It needs to remain unchanged.

Which Needs To Happen To The Price Indicated By P2 On The Graph In Order To Achieve Equilibrium?A. It

Answers

Answer 1

Which needs to happen to the price indicated by p2 on the graph in order to achieve equilibrium? B. It needs to be decreased.

Equilibrium is the point at which supply and demand balance each other out. To make sure equilibrium is reached, there needs to be a decrease in the price so that the demand and supply match. If the price is too much, less people are likely to purchase the product however, would at a lower price.

Answer 2

In order for the price at P2 will be able to achieve equilibrium, B.  It needs to be decreased.

How is equilibrium achieved?

The equilibrium price is the point at which the Supply and Demand curves intersect.

That point is at P* which is below P2. In order for P2 to reach that point therefore, it needs to be decreased.

In conclusion, option B is correct.

Find out more on equilibrium pricing at https://brainly.com/question/22569960.

Related Questions

Over the past two decades, more than 50 nations have participated in at least one massive international test of educational achievement. longitudinal data finds that _____.

Answers

Over the past two decades, more than 50 nations have participated in at least one massive international test of educational achievement. longitudinal data finds that if achievement rises, the national economy advances.

The most common type of family structure for u.s. children aged 6 to 11 is:

Answers

single parent household

Some nations have traditionally been in poverty from one generation to the next, relying on tradition rather than experimenting with new technology that might improve their standard of living. this explanation for global stratification is called ________. culture of poverty world system theory dependency theory theory of undeveloped nations

Answers

The explanation for global stratification according to which some nations have traditionally been in poverty and rely in their tradition, rather to experiment with new technologies is called culture of poverty. Culture of poverty is term used is sociology that defines the cycle of poverty and explains why poverty exists.

Is an atom with a nucleus of 31 protons and 31 neutrons a stable isotope?

Answers

Yes, an atom with 31 protons and 31 neutrons is generally considered stable and corresponds to the isotope Gallium-62.

The stability of atomic nuclei emerges from a delicate balance of binding forces and protonic repulsion. Consider Gallium-62, formed by 31 protons and 31 neutrons, as an example of this equilibrium, often conferring stability.

As nuclear physics advances, periodic reassessments become prudent, as evolving insights may refine predictions about stability. Staying current with the latest advancements in nuclear science remains crucial.

Learn more about stability here:

https://brainly.com/question/33164634

#SPJ12

Final answer:

An atom with 31 protons and 31 neutrons is phosphorus-62 and is predicted to be unstable due to its n/p ratio being 1:1, which is lower than what is expected for stability at this mass number, and the presence of both an odd number of neutrons and protons.

Explanation:

An atom with a nucleus of 31 protons and 31 neutrons is likely to be described as phosphorus-62 (symbolized as 62P, where 31 represents the atomic number for phosphorus, and the sum of protons and neutrons gives us the mass number of 62). To determine if an isotope is stable, we can consider several factors such as the neutron-to-proton (n/p) ratio, the presence of an odd number of protons and neutrons, and whether the atom falls within the so-called 'magic numbers' of protons and neutrons.

For lighter elements, such as phosphorus with an atomic number less than 20, a n/p ratio of approximately 1:1 is typically required for stability. However, as we move towards heavier elements, this ratio gradually increases, reaching about 1.5:1 for the heaviest stable nuclei. Since isotope 62P has a n/p ratio of 1:1, which is less than expected for its mass, and it has an odd number of both protons and neutrons, it is predicted to be unstable. This is in alignment with the observed trends in stable isotopes, suggesting that phosphorus-62 is radioactive rather than stable.

Learn more about Isotope Stability here:

https://brainly.com/question/32172190

#SPJ3

Indirect persuasion in advertising: how consumers process metaphors presented in pictures and words

Answers

Indirect persuasion attempts are common in magazine advertisements. Although the use of an indirect claim presumably offers some advantage to an advertiser, as yet, little is known about how consumers process different types of indirect claims. I think they develop the proposition that when consumers are presented with an indirect metaphorical claim, they become more receptive to multiple positive inferences about the advertised brand. In addition, when the indirect metaphorical claim takes the form of a picture, consumers are more likely to spontaneously generate such positive inferences at the time of ad exposure. These ideas are supported in an experiment using response latency data. Because many of the inferences examined in this study could be considered misleading if claimed directly, the paper concludes with a discussion of the public policy implications of the findings.

HURRY,HURRY,HURRY!! please help will make brainiest answer
The chart indicates the education of three different employees.

Which best matches the employee and their potential career?

A.Hallie is qualified to be a Dentist, Oran is qualified to be a Video Game Designer, and Wade is qualified to be a Carpet Installer.
B.Hallie is qualified to be a Carpet Installer, Oran is qualified to be a Dentist, and Wade is qualified to be a Video Game Designer.
C.Hallie is qualified to be a Video Game Designer, Oran is qualified to be a Dentist, and Wade is qualified to be a Carpet Installer.
D.Hallie is qualified to be a Dentist, Oran is qualified to be a Carpet Installer, and Wade is qualified to be a Video Game Designer.

Answers

I think your answer is B

From the table given with the question, it is clear that the best jobs that each person can have according to their level of qualifications are (C) Hallie is qualified to be a Video Game Designer, Oran is qualified to be a Dentist, and Wade is qualified to be a Carpet Installer.

A carpet installer can have a high school degree, thus a Bachelor’s degree would be too high of a qualification for the job. A person who works has a dentist would need additional qualifications beyond a Bachelor’s degree in order to open his or her dental practice. A bachelor’s degree would suffice for a video game designer.

Income taxes have always been paid in the United States. True or False

Answers

True is the answer to this question
the answer to your question is true

For your business to be successful you will need a strategy for beating the competition, that is, a ________.

Answers

The answer is the letter "B" Competitive Advantage.

Amy paid ​$54.6654.66 for a pair of running shoes during a 1515​%-off sale. what was the regular​ price?

Answers

Let the regular price be x, then 15% of x, gives $54.66

i.e.

[tex] \frac{(100-15)}{100} x=54.66 \\ \\ 0.85x=54.66 \\ \\ \Rightarrow x= \frac{54.66}{0.85} =\$64.31[/tex]

Therefore, the regular price for the pairs of running shoes is $64.31

If gdp (measured in billions of current dollars) is $5,465 and the sum of consumption, investment, and government purchases is $5,496, while exports equal $673, imports are:

Answers

The imports are 704 billion dollars

To calculate the imports, we rearrange the GDP formula to Imports = Exports + (Consumption + Investment + Government spending) - GDP, and after inserting the given values, we determine that imports are $704 billion.

The question revolves around calculating the imports given the total Gross Domestic Product (GDP) and other components of the GDP calculation. We use the formula: Consumption + Investment + Government spending + (Exports
- Imports) = GDP. In this case, we are given that the GDP is $5,465 billion, consumption + investment + government spending is $5,496 billion, and exports are $673 billion. To solve for imports, we rearrange the equation to Imports = Exports
+ (Consumption + Investment + Government spending) - GDP. Inserting the given values, we get imports = $673 billion + $5,496 billion - $5,465 billion, which results in $704 billion as the value for imports.

The ___________ remains the most important consumer buying organization in american society and has been researched extensively.

Answers

The family remains the most important consumer buying organization american society and has been researched extensively. Hope this helps, good luck.

The major differences between financial regulation in the united states and abroad relate to bank regulation. specifically, in the past, the u.s. was the only industrialized country to subject banks to restrictions on ________.

Answers

the answer to this question is Branching
Banks branching allows banks to expand their services to an area outside their main home location.
While this may expand their target market share, it also improves the chances for companies to do money laundering, so restriction for this was made in the past.

Dan sends an offer to laura to sell a used computer for $350. dan says, "if you say nothing, i will consider you to have accepted my offer." laura does not respond. laura has

Answers

The situation that is presented above shows that a condition was given by Dan for Laura to sell the computer for a certain price. It was also given that Laura has not responded to Dan's offer in any means.

This means, that Laura had accepted Dan's offer and is willing to transact with Dan for selling of the used units. 

Value chains determine ________. structured business processes social media's flow social media's requirements unstructured business processes

Answers

Value chains determine structured business processes. The value chain model was proposed and developed by  Michael Porter. The model describes the process of production and sale from its beginning (the businesses receive raw materials), add value to the raw materials through various processes till the end ( creation of a finished product), and then sell that end product to customers.

Which country, of those listed below, has the lowest percentage of women in senior management?

Answers

As there is no countries listed but the percentage of women in senior management of some countries are as follows:
Women in senior management in China = 50%
Women in Senior management in Poland = 48%
In Germany = 30%
and in United States = 20%
Now you can see that which country has lowest percentage of women in senior management and that is United States.

Approximately how large is the federal debt per capita

Answers

The current US national debt stands at about $20.4 trillion, or roughly [tex]2.04\times10^{13}[/tex] dollars. For comparison, the US population is currently around 323 million people, or [tex]3.23 \times 10^{8}[/tex] people.

To find the amount of that debt each citizen shoulders, we can divide the two:

[tex] \frac{2.04\times10^{13}}{3.23\times10^{8}} \\\\ = \frac{2.04}{3.23}\times 10^{5}[/tex]

Dividing 2.04 by 3.23 gets us approximately 0.632, so the total debt of each citizen would be about

[tex]0.632\times10^{5}=0.632\times100,000=6320[/tex]

So, the US has a per capita federal debt of roughly $63200

How might the values of different cultures in other parts of the world impact the decision-making process?

Answers

For example, some people may think that college is more important with love...or even vice versa. Those lead to decision making choices. When you are born into one culture, you are taught what is right for their group.

Darren is trying to fix a toilet that clogged when his young son tried to flush his teddy bear. darren has been plunging the toilet for the last hour and so far it has not worked. despite his lack of success, darren keeps trying the plunger in hopes that it will eventually succeed. darren appears to exhibi

Answers

You may have heard the definition of insanity is doing the same behavior over and over again expecting a different result. This is simply not the case here. Here, Darren is actually exhibiting perseveration, a psychological or persistent repetition of a word, gesture or action. Typical of dementia patients, those with traumatic brain injury, anxiety, or OCD tendencies.

The product of 7, and a number increased by 3, is â 98. what is the number?

Answers

Well, 7 multiplied by 14 is equal to 98, so if you are looking for the number that you add three to to get 14 the answer will be 11

Which type of costing system works best with a large number of homogeneous products?
a. parallel costing
b. job-order costing
c. process costing
d. sequential costing?

Answers

the answer is C.Process Costing
Processing cost happens when company produce a large quantity of product that are nearlly identical visually.
This system based on leveraging the fixed-cost that will remain the same no matter what and how much the resource is used to produce the produc tuntil it's sold to the customers

Axel steals a business law textbook from beth. curt, who does not know that the book is stolen, buys it from axel. curt has committed

Answers

The answer is that Curt has committed conversion.
Conversion can happen even when a man mistakenly trusted that he or she was qualified for that goods. As such, great aims are not a guard against change. Somebody who occupied stolen products has conferred the tort of change regardless of the possibility that he or she did not know the goods were stolen. In the event that the genuine proprietor brings a tort activity against the purchaser, the purchaser should either restore the property to the proprietor or pay the proprietor the full estimation of the property in spite of having effectively paid the price tag to the thief.

When efficiency is attained, the sum of the total amount of consumer surplus and producer surplus is?

Answers

Although information may be missing, i will answer anyway as this can be answered in a general sense even without data. When efficiency is attained, the sum of the total amount of consumer surplus and producer surplus is MAXIMIZED. This just means that if efficiency is assumed to be attained in the market for a basket of goods or a specific good, then the sum of consumer and producer surplus is the highest that it can possibly be given the values and variables in a scenario. This maximization can be achieved through any distribution of total surplus whether or not there is an imbalance of surplus distribution to consumers or producers (IE one side gets more share of the total surplus than the other but the total surplus is the highest it can possibly be given the parameters in the scenario).

The sum of consumer surplus and producer surplus when efficiency is attained is known as social surplus, which is maximized at market equilibrium where demand and supply intersect.

When efficiency is attained, the sum of the total amount of consumer surplus and producer surplus is known as the social surplus, also called the economic surplus or total surplus. This represents the net benefit to society from economic activities. Consumer surplus is the difference between what consumers are willing to pay and the market equilibrium price, while producer surplus is the difference between the market price and the minimum price at which producers would still sell.

At an efficient level of output, often found at the point where demand and supply intersect, it's impossible to increase consumer surplus without decreasing producer surplus, and vice versa. The total surplus at equilibrium is larger than at any other quantity or price, indicating maximum social welfare.

Deadweight loss refers to the loss in total surplus that happens when the economy operates at an inefficient quantity, deviating from the equilibrium point. Therefore, the absence of deadweight loss at equilibrium suggests that the economy is in its most efficient state.

Ticket machines, atms, digital cameras, and robotics all use ______ operating systems.

Answers

Ticket machines, ATMs, digital cameras and robotics all use EMBEDDED COMPUTER operating systems. It is also known as Real-Time Operating System (RTOS). This OS performs single task without any input requirement. It is an operating system for embedded computers.

If the cpi increases from 250 to 275 for one year, the rate of inflation for that year is

Answers

 the rate of inflation for that year is 10%

To calculate the rate of inflation for that year, we need to use this formula:

Rate of inflation =  (CPI2 - CP1) /  CPI1

Rate of inflation = (275 - 250) / 250

Rate of inflation = 25 / 250

Rate of inflation = 1 / 10

Rate of inflation = 10 %

A woman joins a package shipping firm as a truck driver. she is required to join the labor union six weeks after she starts work, and she must remain a member. what type of union arrangement exists at the firm?

Answers

In this situation she would have a compulsory union membership as part of the bargaining agreement between the union and the company. This would be to protect the union membership so that they have more power to push for demands by having more members and also so that when they gain new demands, their membership can benefit from it since they have been won by the support of all the members.

In which career field would a person write the code for a digital music manager?
A.Computer programming
B.Database administration
C.Information security analysis
D.Software development

Answers

I believe the answer is: A. Computer programming

Computer programming is the process of creating a set of instructions will be executed by computers after it's operated. This set of instructions are what commonly referred to as 'codes' and could be used to make an order for the computer to do a certain action.

Answer:

A. computer programming

Explanation:

During an interview for a sales position at cart-logistics inc., a candidate is asked about what he would do to regain business with a client whose consignment was damaged during a business transaction with cart-logistics. this is an example of a{n} _____ interview.

Answers

This is an example of a situational interview. A situational interview is a structured interview in which the interviewer describes a situation likely to arise on the job, then asks the candidate what he or she would do in that situation.

If consumer income increases by $100 million in the united states and the mpc is .6, by how much will consumption increase?

Answers

The marginal propensity to consume (MPC) is a measure of the proportion of extra income that will be spent on consumption. If an individual receives an extra $100 and spends $60 on consumption then the person’s MPC is 0.60. If consumer income in the United States increases by $100 million and the MPC is 0.60 consumption in the US will increase by $60 million.

What is the level of measurement where outcomes are based on some underlying continuum where it is possible to speak about how much more a higher performance is than a lower one?

Answers

The answer is interval level of measurement. In this level of measurement, the distance or space between points does have significance. For instance, when we measure temperature (in Fahrenheit), the distance from 80-90 is similar as the distance from 100-110. Thus, the interval between values is interpretable.

If everyone buys the same goods every year and the price of housing rises by 38 percent, it is

Answers

Final answer:

Housing prices can rise sharply due to expectations of future price increases, leading to a self-fulfilling prophecy and creating a housing bubble. This bubble can burst if the prices become unsustainable, leading to a rapid market correction.

Explanation:

When discussing the phenomena where housing prices rise due to the collective expectation that they will continue to increase, we're referring to what can often be described as a housing bubble. This kind of scenario is characterized by a self-fulfilling prophecy where the demand for housing drives up the current prices because of the anticipation of future price increments. This is an important economic concept as it touches upon both consumer behavior and market psychology.

Historical data can be misleading when predicting future trends because they cannot account for sudden market shifts. For instance, based on historical averages, one might expect housing prices to rise modestly each year. However, if individuals uniformly expect housing prices to rise significantly, they might rush to buy homes as investments, which then drives prices up at a higher rate than historical averages would suggest. This can ultimately lead to a market correction or even a bubble bursting, where prices rapidly decline after reaching unsustainable levels, as was observed during the housing crisis in the mid-2000s.

Other Questions
brian irons 2/9 of his shirt in 3 3/5 minutes. how much of his shirt does he iron each minute Magnesium metal reacts with iodine gas at high temperatures to form magnesium iodide. what mass of mgi2 can be produced from the reaction of 5.15 g mg and 50.0 g i2 Lima is constructing a square in which two of its vertices are points A and B. He has already used his straightedge and compass to construct the lines and arcs shown. They y intercept of a function f(x) is (0,b) what is the y intercept of f(x)=k Examine why it took the Continental Congress 15 months after the bloodshed at Lexington to declare war against England. 0.74 as a fraction in simplest form Who becomes president if president vice president and speaker of the house dies? there are two open cans of soda on the table .one can was just taken from the refrigerator and the other was taken from the cupborad ,upon opening the cans ,which one loes carbon dioxide more quickly and why Why is Saudi Arabia Considered a Monarchy rather than a Theocracy? eference books that contain words of similar meaning and opposite meaning are called Smith plumbing supply has completed a swot analysis. the company is in a good position financially and has decided to use some of the opportunities it has identified. the most likely course of actions is What is the name of the structure whose primary function is to store and concentrate bile? What will be the acceleration of a skydiver when air resistance builds up to 86% of her weight? assume the acceleration due to gravity is 10 m/s 2 . answer in units of m/s 2 ? President taft's passage of the Mann-Elkins act in 1910 continued roosevelts legacy of railroads reform by An object is launched at 19.6 m/s from a height of 58.8 m. The equation for the height (h) in terms of time (t) is given by h(t) = -4.9t^2 +19.6t + 58.8. What is the object's maximum height? Would it make a difference if calcium bromide solution, cabr2, were used rather than sodium bromide solution? Recent research on early affordances provides evidence that _____. How do catalysts increase the rate of a chemical reaction The inverse of x y is: x y x y y x x y y x Tyler and Christina are playing a game in which each player either wins, lose, or draws (ties) at each turn. The winner of a turn is awarded 5 points, and the loser loses 5 points. If it is a draw, 0 points are awarded. For the first eight rounds. Tyler had the following results: lose, win, lose, win, win, lose, win, draw. What was Christinas point total for the rounds? Steam Workshop Downloader