if the supply of a pair of jeans is less than what would meet customer demand, what would likely happen to the average market price of the jeans?

A. the average market price is exactly the same as the equilibrium price.
B. the average market price is higher than the equilibrium point.
C. the average market price Is lower than the equilibrium point.
D. the spot price and the average market price are the same

Answers

Answer 1

Answer:

C

Explanation:

The average market price is lower than the equilibrium point

Answer 2
Final answer:

When supply cannot meet customer demand, it results in a shortage which typically causes the average market price of the item to increase, settling higher than the equilibrium price.

Explanation:

If the supply of a pair of jeans is less than what would meet customer demand, the likely outcome is that the average market price of the jeans would increase. When the quantity supplied is less than the quantity demanded, it creates excess demand or a shortage. According to basic economic principles, this shortage puts upward pressure on the price, causing it to rise above the equilibrium point until the quantity supplied and quantity demanded are equal again. Therefore, the correct answer is B: the average market price is higher than the equilibrium point.


Related Questions

If a radio station aired a personal attack against a candidate but refused to allow the same candidate the opportunity to respond to that attack on its station, the station would be violating the

Answers

The First amendment is the radio station aired a personal attack.

What is the First amendment?

No law may be passed by Congress that establishes a certain religion, forbids its practice, limits press or speech freedom, or restricts the ability of the public to peacefully assemble and petition the government for redress of grievances.

Under the First Amendment, you have the right to freedom of religion, expression, assembly, and petition. It forbids Congress from promoting one religion over another or from imposing restrictions on someone's right to follow their religion.

It protects the fundamental rights of conscience, including the freedom to have various beliefs and to express them in various ways. Thanks to the First Amendment, Americans are free to exercise their religion without interference from the government.

Thus, it is First amendment.

For more information about First amendment, click here:

https://brainly.com/question/1078243

#SPJ5

Traditionally, small businesses tended to be concentrated in the ________ industry.

Answers

Traditionally, small businesses tended to be concentrated in the retail or retailing industry.

The retail industry involves a business that sells good or services to a consumer. The sell these items based on the demand of the good or service. Even today, the retail industry is growing fast and still one of the main focuses of small businesses. 

Traditionally, small businesses tended to be concentrated in the retail or retailing industry.

What is retailing industry?

Retail businesses are those that engage in the sale of goods or services to consumers. They rely on consumer demand to drive the selling of these products or services. The retail industry is still growing significantly and is one of the main focus areas for small businesses.

The retail sector includes all companies that provide goods and services to customers. There are many different sorts of retail sales and stores, including grocery, convenience, discount, independent, department, DIY, electrical, and specialized stores, all around the world.

A retail business sells modest quantities of products and services to customers, either in-person or online. Retail examples include grocery, clothing, and drugstores.

Thus, it is retailing industry.

For more information about retailing industry, click here:

https://brainly.com/question/28886330

#SPJ2

________ in an organization is the division of labor. for example, in a publishing company, there are people who acquire manuscripts (sponsoring editors), people who edit manuscripts (developmental editors), and people who turn manuscripts into printed books (production editors).

Answers

The division of labor inside an organization is called process specialization. "Process Specialization" refers to the division of a community's complete work-in-progress into distinct processes and the assignment of distinct individuals to each process.

What is the division of labor?

The splitting of a work process into a set of tasks, each of which is carried out by a different person or group of people, is known as the division of labor. It is most commonly used in mass manufacturing processes and is one of the main organizational principles of the production line.

By dividing a complex production activity into many, or many, smaller ones, division of labor integrates specialization and subtask division. The importance of the division of labor in economics stems from the fact that it allows a given number of people to create significantly more output than they could if they were all working independently.

Learn more about the division of labor, from:

brainly.com/question/24691008

#SPJ2

_____ power is a function of the amount of knowledge one possesses relative to the rest of the members of a group

Answers

Expert power is a function of the amount of knowledge one possesses relative to the rest of the members of a group.

An expert power is regarded as a function of the amount of knowledge one possesses relative to the rest of the members of a group. Therefore, the option B holds true.

What is the significance of expert power?

Expert power can be referred to or considered as the amount of power held or possessed by an individual, which is significantly higher and greater than the other individual present in a close-knitted environment. Moreover, such power is having proficiency over others.

As mentioned above, it is rightly to be said expert power is not based upon strength, but upon the possession of knowledge in the hands of a person. This power is considered as the highest order of all the powers held by an individual.

Therefore, the option B holds true and states regarding the significance of expert power.

Learn more about expert power here:

https://brainly.com/question/9648178

#SPJ6

The missing options to the incomplete question have been added below for better reference.

A. Coercive

B. Expert

C. Reward

D. Referent

Management by objective is part of which type of performance appraisal system?

Answers

Management by objective is part of the goal-oriented appraisal system.

Using the goal-oriented appraisal system managers and their staff is focused on their current task and the end result of completing it. The set goals (what the want to accomplish) and strive for the end result to be a direct reflection of that goal. 

​a(n) _____ is a data validation rule that is performed on two or more fields to ensure that they are consistent or reasonable when considered together.

Answers

combination check is a data validation rule that is performed on two or more fields to ensure that they are consistent or reasonable when considered together. 

A combination check is usually used to enter a deposit and a recurring payment on one form. 

​The result of the data validation process is data quality. A combination check is a data validation rule that is performed on two or more fields to ensure that they are consistent or reasonable when considered together. This type of data validation verifies if the account combination entered is valid.

In a relationalâ database, the three basic operations used to develop useful sets of dataâ are:

a. âwho, what, and where.

b. âselect, from, and join.

c. âselect, join, and where.

d. âselect, project, and join.

e. âselect, project, and where.

Answers

e is the correct answer

How mcuh will a person pay for 6.8 pounds of bananas at a price of $1.19 per pound?

Answers

The answer will be $8.092.
You just need to multiply 6.8 pounds by $1.19, and the answer would be $8.092.
Or, if you want to have a long solution, you can multiply first 6 pound by $1.19, and it will give you an answer of 7.14. Next, multiply the .8 pounds by $1.19, which will give you an answer of 0.952. Then, add the two answers (7.14+0.952) which will give you $8.092.

6.8 pounds x $1.19 = $8.092
or
(6 pounds x $1.19) + (.8 pounds x $1.19) = $8.092

The human resources officer denied mrs. merkel employment because she believes that at 62 years of age, mrs. merkel is too old to start a new career. this is an example of

Answers

I believe this is an example of ageism.
Age Discrimination in the workforce


Which of the following actions is a part of information management:
a. Creating technology
b. Observing competitors
c. Creating data
d. Disseminating information

Answers

Which of the following actions is a part of information management? disseminating information. Information management, also known as IM is a management process that collects and manages all information from the source it collects it from and distributes it to other sources and audiences. Disseminating information is the act of giving out information.

The term __________, used to describe the cloud, means that the computing resources leased can be increased or decreased dynamically and that organizations only pay for the resources they use.

Answers

The answer is:  "elastic" . 
____________________________________________________
       "The term  elastic  , used to describe the cloud, means that the computing resources leased can be increased or decreased dynamically and that organizations only pay for the resources they use."
____________________________________________________

If a contract term is ambiguous a court can consider extrinsic evidence
a. True
b. False

Answers

The correct answer is true. It is because if the contract term is likely ambiguous, the court will likely consider this as an extrinsic evidence or that the ambiguity is likely to be interpreted against the party who is responsible for drafting the term.

If a contract term is ambiguous a court can consider extrinsic evidence. True. If there is a contract drawn up, it is important to make sure the terms and in black and white and not ambiguous. Ambiguous means that there can be more than one interpretation of something or having a double meaning. This can be harmful in a court case because different people may understand the contract differently. Extrinsic evidence is outside, external evidence that is not usually used to make a determination of a situation. 

When the sales of a certain brand of diet soda slowed, a national grocery retailer decided to drop the price of that product, which resulted in a large increase in sales of the soda. this sales increase is a type of?

Answers

I don’t know ??vvvvv

Which of the following business processes would most likely be fully manual?

A. Amazon.com tracking data on its best-selling book titles
B. Walmart deciding which items to put on sale
C. A local grocery store tracking its inventory
D. A new restaurant choosing its weekly specials,

Answers

The answer is D. A new restaurant choosing its weekly specials. This is because there is no need of any assisting technologies and it is all in the works of the hands. This will also help them lessen their expenses in their business.

D. A new restaurant choosing its weekly specials is a business process that would most likely be fully manual. The other choices are all related to data and tracking different inventory or data processing. Since picking weekly specials isn't something that needs to be tracked intially due to the restaurant being new, this would be the easiest process to be fully manual.

What is montag willing to do to convince faber to help carry out the plan? farenhiet 451?

Answers

Ripped books apart, burn the books would be the answer.

Kym switched cell phone plans. she signed up for a new plan that will save her $3.50 per month compared to her old cell phone plan. the cost of the new phone plan for an entire year is $294. how much did kim pay per month under her old phone plan

Answers

New phone plan = $294
New phone plan compared to old phone plan (in savings) = $3.50 per month
12 months in a year, therefore multiply 12 with 3.50 and you get the total number of savings in the entire year

12 (months in a year) × $3.50 (savings per month) = $42 (per year in savings)
Since Kym saved $42 a year, and we know that Kym's new plan costs $294 a year, simply add $294 (new phone plan) and $42 (savings per year) to get the price of the old phone plan.

$294 (new phone plan) + $42 (savings a year) = $336 (old phone plan per year)

Now, since you want to find the monthly payment, simply divide $336 (old phone plan on a yearly payment) by 12 (months in a year).

$336 (old phone plan per year) ÷ 12 (months) = $28

Kym paid $28 per month under her old phone plan.

Toybox, inc., manufactures the spintop, a toy that the company has discovered can cause harm. before anyone is injured, anne, a pediatric nurse who has not purchased a spintop, files a suit against toybox. in seeking to have the suit dismissed, toybox's best argument is that anne does not have:

Answers

Product liability, which is the area of law that states that whoever makes products available to the public hold responsibility for injuries caused by those products. Here products usually refer to tangible personal property. Hope this helps!

The ________ consists of the unofficial but influential means of communication, decision making, and control that are part of the habitual way things get done in an organization. grapevine informal organization information tunnel interpersonal channel

Answers

The informal communication also known as grapevine, consists of the unofficial but influential means of communication, decision marking, and control that are part of the habitual way things get done in an organization. This type of communication can take place with face-to-face communication, email, text messages and phone calls. Formal communication, is a more structured form of communicating in the work place. 

Based on organizational management, the "grapevine " consists of the unofficial but influential means of communication, decision making, and control that are part of the habitual way things get done in an organization.

This is because grapevine is sometimes referred to as informal communication.

It often consists of rumors and can move from top to bottom or bottom to top in an organization.

It is sometimes referred to as gossips in an organization and can be termed informal or unofficial conversation.

Hence, in this case, it is concluded that the correct answer is option A. "Grapevine."

Learn more here: https://brainly.com/question/7571329

A white woman goes into an upscale shop to look at clothes. she is excited to see that there is a sale and gathers a huge pile of clothes to take into the dressing room. an african american woman goes into the store and is also excited about the sale but hesitates to take too many clothes into the dressing room because she is afraid the staff will think she might shoplift. w.
e.
b. du bois would say that the african american woman has:

Answers

The African American women is afraid that she will be racially profiled by the workers/customers in the upscale shop.

The African American woman is concerned that the staff and customers in the fancy establishment would racially profile her.

What do you mean by African American woman?

Beyond Rosa Parks and Katherine Johnson, one of the NASA mathematicians who helped put Americans in orbit for the first time, the groundbreaking firsts go back centuries.

Throughout the year, not just during Black History Month, it's critical to keep in mind these women and how they contributed to the development of society.

In an interview with Teen Vogue, Nadia Valentine, a former Drake University broadcasting major, underlined the significance of recognizing notable Black historical people.

It is so vital to see these folks contribute to a developing society, she remarked. Nadia, a Black woman, claimed that during Black History Month, her white mother used to ask her to spend some time after school researching significant Black historical people.

Although Mary McLeod Bethune understood the need of education, she also understood that it was challenging for young Black children to succeed, particularly in the segregated South.

According to PBS, she struggled to finish school and worked on a plantation to support her family before she decided to pursue a career in education and started the Daytona Educational and Industrial Institute for Girls in 1904.

Learn more about African American woman, here

https://brainly.com/question/28960193

#SPJ2

The total output produced by a firm divided by the quantity of workers employed by the firm is the definition of

Answers

The total output produced by a firm divided by the quantity of workers employed by the firm is the definition of the average product of labor (APL) or only average product (AP). This parameter is used by economists to describe the relationship between inputs (i.e. factors of production) such as  labor and the quantity of output that a firm can produce.

Loretta lives in Virginia, which has a sales tax of 4%. She just bought a pair of binoculars whose full price was $280, but she presented the retailer with a coupon for $60, which the retailer accepted. What was the total amount that Loretta paid?

Answers

$231.20  is the answer i got

ANSWER: $231.20

EXPLANATION: Loretta will have to pay $231.20 as the final amount. The pair of binoculars were priced $280 and the sales tax was 4%, which adds up to $291.20 as the net price. But, Loretta presented a which was of $60.

So, subtracting $60 from $291.20, we get $231.20

Some americans argue that _____ should be used to keep domestic wages high and unemployment low.

Answers

The answer is "tariffs".

If we define tariff in simple words, then we can say that tariff is a tax and it adds to the cost of imported merchandise and is one of a few exchange arrangements that a nation can authorize. 
Tariffs are regularly made to ensure newborn child ventures and creating economies but at the same time are utilized by further developed economies with created enterprises.

​walmart's practice of using a​ ________ strategy is designed to promise ultimate value to consumers.

Answers

Walmart's practice of using a​ price leadership strategy is designed to promise ultimate value to consumers. Price leadership is characterized with one dominant organization in the industry  which  is advantageous to other and this organization sets the price and others follow it.

Kayla is a supervisor who manages a production line. she spends several hours each week developing specific employee work assignments and production schedules for the coming week so that the production department can meet its short-term production objectives. this suggests that a significant component of kayla's job involves

Answers

 The fact that Kayla spends several hours each week developing specific employee work assignments and production schedules for the coming week suggests that a significant component of Kayla's job involves operational planning, where operational planning is the process that includes preparing plans of an organization that clearly defines the actions that should be taken in order strategic goals to be achieved.

Juan is a top manager at i.f.l., a matrix organization. he oversees both the product and functional chains of command, and is responsible for maintaining a power balance between the two sides of the matrix. juan is a _____.

Answers

Juan is considered to be the top leader. The top leader is the leader of the topmost leader or the one who is considered to have the highest rank in a certain organization or group by means of leading the particular organization.

list the steps of the decision making process.

Answers

Step 1: Identify the decision. You realize that you need to make a decision.
Step 2: Gather relevant information.
Step 3: Identify the alternatives.
Step 4: Weigh the evidence.
Step 5: Choose among alternatives.
Step 6: Take action
Step 7: Review your decision & its consequences.

The price elasticity of demand measures the​ ________ that results from a​ ________.

Answers

The price elasticity of a demand measures the percentage change in the quantity demanded that results from a  percentage change in price.

hope it helps!!

Ramon funds small businesses that he believes have the potential to grow large. when these companies are still in their initial stages and need investment, he buys their stocks at a low price and later sells them at higher prices when they are successful. thus, ramon is a

Answers

The fact that Ramon funds small businesses that he believes have the potential to grow large and when these companies are still in their initial stages and need investment, he buys their stocks at a low price and later sells them at higher prices when they are successful means that Ramon is a venture capitalist. The term venture capitalist in economics describes a person who invests in a business venture, providing capital for start-up or expansion. 
Thus, Ramon is a venture capitalist. A venture capitalist is someone who invests in small businesses when they are in their initial stage of startup. They will also support smaller companies that want to expand but need extra funds to do so. Ramon is a venture capitalist because he funds small businesses that he thinks will have the potential to grow, but they need start up funds or expansion funds to do so. 

You bought a stock one year ago for $ 50.00 per share and sold it today for $ 55.00 per share. It paid a $ 1.00 per share dividend today. What was your realized​ return?

Answers

A realized return is the actual return on an investment including dividends, interest and other distributions. 

Bought = $50
Sold = $55
$5 = $55 - $50

Take the difference in profit and add $1 for the dividend pay out = $6 realized return.  


Kuzu company discovers in 2015 that its ending inventory at december 31, 2014, was $7,000 understated. what effect will this error have on

Answers

The understatement of the ending inventory in 2014 will result to the overstatement of the cost of goods sold by $7,000 in 2014 as well as the understatement of the of the gross profit and net income. 

Aside from affecting the income statement, this understatement of the ending inventory will also affect the balance sheet. This error will understate the total assets and overstate the stockholder's equity.
Due to having an understated inventory at the end of 2014, there will be an overstated amount of the costs of good sold by $7,000. When the company said they had $7,000 less of inventory than they actually did, they then show they sold $7,000 more in inventory than they actually did. This error will change the amount of revenue the firm had and affect the share of stocks that the stockholder’s should be receiving.
Other Questions
Which atomic model proposed that electrons move in specific orbits around the nucleus of an atom?Daltons atomic modelThomsons atomic modelRutherfords atomic modelBohrs atomic modelquantum atomic model Help me (system of equations) The sum of the three Romano brothers is 63. If there ages can be represented as consecutive integers, what is the age of the middle brother. If you lived in Africa and wanted to eat, you would grow: cassava, sisal, or phosphate? Please answer, I need help. how did the nation react to the fear of Communism in the 1950s What is absolute zero? A.Zero on the Celsius scale B.The point at which all motion stops C.Zero on the Fahrenheit scale D.273 on the Kelvin scale in which way does the modern us government similar to the ancient roman government What is the difference in connotation between the terms "toasty" and "sweltering"?A)The first sounds descriptive, while the second sounds vague.B)The first sounds vague, while the second sounds descriptive.C)The first sounds pleasant, while the second sounds unpleasant.D)The first sound unpleasant, while the second sounds pleasant When holding a gun themselves, people become more likely to perceive another person as gun-toting rather than as simply holding a phone or wallet. this best illustrates the impact of? The abs r us bodybuilding club has an annual membership fee of $414. you plan to visit 8 times each month. how much is your cost per visit during the year? After objectives and standards are set, what step comes next in the control process? SOMEONE HELP MEE!!!! In warm and humid climates, what type of weathering is most prevalent? The expression sin x (cos x cot x - sin x) simplifies to? Which of these glands secretes releasing hormones? which of these glands secretes releasing hormones? hypothalamus adrenal cortex thymus ovaries testes? A motorboat, whose speed in still water is 15 km/hour, traveled with the current of a river for 35 km, and against the current for 25 km. the boat took the same time traveling with the current as it did traveling against the current. what is the speed of the current in the river? which of the following quotes from Orpheus and eurydice best shows the power of Orpheus music?NEED HELP WITH TWO QUESTIONS HELP PLZ ASAP I WILL GIVE BRAINLIEST ANSWER PLZZZZZ 226Ra has a half-life of 1599 years. How much is left after 1000 years if the initial amount was 10 g? If a user has two texts selected, the Reveal Formatting pane allows the user tocompare the word counts of the two texts.insert tables into both texts.spell-check both texts.compare the fonts of the two texts.