Describe behavior of buyers and sellers in times of surplus

Assignment Help Accounting Basics
Reference no: EM132669204

Problem 1: Draw a graph of market equilibrium. Explain what the equilibrium point means .

Problem 2: On the same graph, draw a condition of surplus. Discuss what surplus means by answering the following sub-questions.

a) Describe the behavior of buyers and sellers in times of surplus.

b) From your surplus price describe what will happen to the market price

Reference no: EM132669204

Questions Cloud

Roles of operating systems in business computer systems : Describe Three major roles of operating systems in business computer systems
Define what investigators can and cannot determine : How have crime related shows affected your understanding of forensic science and what investigators can and cannot determine using the various scientific.
Explain why price elasticity is important to a monopolist : Explain why price elasticity is important to a monopolist.
How real disposable income increases : What are all the outcomes as real disposable income increases?
Describe behavior of buyers and sellers in times of surplus : Describe the behavior of buyers and sellers in times of surplus. Draw a graph of market equilibrium. Explain what the equilibrium point means.
What is the expected value of a car : What is the expected value of a car? Given this information, how will the buyer be informed whether the car is a lemon or not?
Record journal entry that should be made in general ledger : James Din has been advised that one of his customers has ceased trading. Record the journal entry that should be made in the general ledger.
Why are emotional intelligence and social skills important : Why are emotional intelligence and social skills important for leadership explain. How can leadership impact on organizational success or failure what can.
What are the risk returned trade offs : What are the risk returned trade offs associated with adapting a more liberal trade credit policy?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd