Answer:
hahaha
Explanation:
tanveer is tasked with obtaining detailed information about the jobs in his organization. he is performing a job .
Tanveer is tasked with obtaining detailed information about the jobs in his organization. he is performing a job analysis. Thus, option C is correct.
What is an organization?An organization is defined as the part where the work is done together and in the organization people get paid for the job that they have performed.
Tanveer is performing job analysis as he is writing a piece of detailed information about the job. In this, a particular department and a particular position is being chosen about which all the duties roles, and responsibilities are written. Therefore, option C is the correct option.
Learn more about organization, here:
https://brainly.com/question/15202866
#SPJ4
The question is incomplete, the complete question is :
a. selection
b. design
c. analysis
d. recruitment
simmons company issued four-year bonds with a par value of $1,000,000. the bonds have a 4% coupon rate and interest is payable semi-annually. the market rate of interest is 6%. what is the amount of the semi-annual interest payment that simmons must make to investors?
Simmons Company issued four-year bonds with a $1,000,000 par value. Interest is due semi-annually on the bonds, which have a 4% coupon rate. The market interest rate is 6%. $1002402.88 must Simmons pay investors in interest on a semi-annual basis.
The Indeed Editorial Team is made up of a brilliant and diverse group of writers, researchers, and subject-matter experts who use Indeed's data and insights to provide helpful advice for navigating your career path.
Understanding how loans and investments operate is essential to laying a solid financial foundation for both you and your company. How interest is calculated is one of the key aspects of loans and investments. Your loans and investments may have simple interest or compound interest terms. You will discover what it implies, why it matters, and how to compute interest that is compounded semiannually interest in this post.
Learn more about semiannually interest here
https://brainly.com/question/14969931
#SPJ4
any overhead power line should be considered energized unless the entity owning or operating the electrical utlity supplying the line certifies that it is
Overhead power line should be considered energized unless the entity owning or operating the electrical utlity supplying the line certifies that is - Not energized , Visibly grounded ,Tested for zero energy
What is the meaning of overhead power line?
An overhead power line is a structure utilized in electric energy transmission and distribution to transmit electric strength throughout huge distances. It includes one or extra uninsulated electrical cables (commonly multiples of three for three-phase electricity) suspended via towers or poles.
What is the purpose of overhead transmission line?
Overhead power lines are used to transmit and distribute electric energy throughout lengthy distances, forming a strength or countrywide grid. steel tower structures, pylons or timber poles droop electricity-sporting conductors throughout various working voltages.
What voltage are overhead power lines?
Countrywide Grid's transmission strains usually perform at 275,000 volts and four hundred,000 volts. lower voltage strains, inclusive of 132,000 volts and 33,000 volts are normally owned by using local distribution corporations.
Are overhead power lines secure?
Between 2011 and 2020, 39% of all electrically associated workplace fatalities had been because of overhead power strains. In the general public of those cases, fatalities happened in occupations with little to no electric protection education.
Learn more about overhead power here :- https://brainly.com/question/13489356
#SPJ4
consider an incumbent that is a monopoly currently earning $1 million annually. given the declining costs of raw materials, the incumbent believes a new firm may enter the market. if successful, a new entrant would reduce the incumbent's profits to $750,000 annually. to keep potential entrants out of the market, the incumbent lowers its price to the point where it is earning $850,000 annually for the indefinite future. if the interest rate is 5 percent, does it make sense for the incumbent to limit price to prevent entry? multiple choice it does not make sense since $2 million is greater than $150,000. it does make sense since $2 million is greater than $150,000. it does make sense since $150,000 is greater than $5 million. it does not make sense since $5 million is greater than $100,000.
Yes, it makes sense for the incumbent which is a monopoly if the interest rate is 5%. Since, $2million > $250000.
Annual earning = $850,000
Profit reduced by new entrants = $750,000
rate of interest = 5%
$850,000- $750,000 = $100000
$100000/0.05 = $200,000
$200,000> ($100000-$750,000 =$250,000)
A monopoly is a market structure in which a single seller or producer dominates an industry or sector. Monopolies are frowned upon in free-market economies because they stifle competition and limit consumer substitutes. Companies become monopolies by controlling the entire supply chain, from production to sales, through vertical integration, or by purchasing competing companies in the market, becoming the sole producer, through horizontal integration.
Monopolies can set prices and keep pricing consistent and reliable for consumers in the absence of competition. Monopolies benefit from economies of scale, allowing them to produce large quantities at lower per-unit costs. Standing alone as a monopoly allows a company to invest in innovation with confidence and without fear of competition.
Learn more about monopoly here:
https://brainly.com/question/10441375
#SPJ4
heidi talbott has a margin account with a balance of $50,000. the initial margin deposit is 50%, and rc industries is currently selling at $50 per share. if the maintenance margin is 25%, to what price can rc industries stock price fall before heidi receives a margin call? group of answer choices $23.33 $21.75 $32.00 $22.22 $33.33
As per the given figures, the price at which RC industries stock price can fall before Heidi receives a margin call is at $33.33. Hence, Option E is correct.
What is the stock price?Another term that can be used in place of the stock price is share price A share price is a price that depends on the amount or price that is being offered by a company in exchange for the share that is held by a person.
There is a particular market where trading and sharing are done at both a national as well as international level. Each and every company has their own marginal account as well as a marginal deposit.
As a result of the given figures calculation, Option E is correct.
Learn more about stock price from here:
https://brainly.com/question/18366763
#SPJ4
in circumstances in which there is a recession, employees may have to allow another person to negotiate their salary increase production to reduce employer costs request to work more hours to earn more money relocate to find work that fits their skills
In circumstances in which there is a recession, employees may have to allow another person to negotiate their salary and increase production to reduce employer costs.
This is further explained below.
What is production?Generally, In order to create anything that can be consumed, the process of production involves bringing together a number of different inputs, both material and immaterial.
In conclusion, In the event that there is a recession, it is possible that workers may be required to let another individual negotiate their compensation and improve their productivity in order for employers to lower their expenses.
Read more about production
https://brainly.com/question/22852400
#SPJ1
Assume starbucks increased its spending on advertising by 35 percent to increase sales in its current markets. Which growth strategy does this represent?.
The fact that Starbucks increased advertising spending by 35% to increase sales means that it is using a Market penetration strategy.
What is the market penetration strategy?This is a strategy that is followed by a business that hopes to increase its influence in a market so that it can sell more goods and services.
This strategy often involves an increase in advertising spending to get the brand of the company in people's faces. This is what Starbucks is doing so this is a market penetration strategy.
Options include:
(a) Market development(b) Divesting(c) Diversification(d) Market penetration(e) Product developmentFind out more on market penetration at https://brainly.com/question/13527083
#SPJ1
the optimal capital strucutre is th emix of debt equity and preffered stock that maximizes the company's
An optimal capital structure is the best mix of debt, equity and preferred stock that maximizes a company's market value while minimizing its cost of capital.
Preferred stock is a component of equity that may exhibit any combination of characteristics not possessed by common stock, including characteristics of both equity and debt securities, and is generally considered a hybrid security.
What is preferred stock?
Preferred stock is a class of stock that shares characteristics of both stocks and bonds. Like bonds, preferred stocks offer higher dividend yields and less risk than common stocks, while often yielding cash payments at higher yields than bonds.
What is the difference between common stock and preferred stock?
The main difference between preferred stock and common stock is that preferred stock gives shareholders voting rights, while common stock gives no voting rights. Preferred shareholders have precedence over company interests. Preferred shareholders receive dividends in preference to common shareholders.
Learn more about Preferred stock here:- https://brainly.com/question/18068539
#SPJ4
social media data may be considered a form of secondary data, since it is information that does not originate as a result of a marketing research project.
social media data may be considered a form of secondary data. Since it is information that does not originate as a result of a marketing research project.
Why can we consider social media data a form of secondary data?There are many different categories of data that may be used in data analytics. For instance, the contrast between qualitative and quantitative data is frequently used. You might also separate your data depending on aspects like sensitivity.
For instance, is it widely known or is it really private?
The source of the data is perhaps the most basic distinction between various forms of data. Are they, specifically, first-party, second-party, or third-party data? These essential data sources all contribute in some manner to the data analytics procedure.
To learn more about secondary data from given link
https://brainly.com/question/18118203
#SPJ4
until six months ago, alejandro's department had the highest productivity rate in the company. their work was almost flawless and it was always completed in a timely manner. recently, that has changed drastically and the department has started producing poor quality work. what would you suggest alejandro do to solve this problem?
Alejandro has to apply critical thinking to analyze what has changed in the last six months before working to address any problems.
What is the critical thinking?The intellectually disciplined process of actively and skillfully conceptualizing, applying, analyzing, synthesizing, and/or evaluating data gleaned from, or generated by, observation, experience, reflection, reasoning, or communication, as a guide to belief and action, is known as critical thinking.
The capacity for factual analysis and opinion formation is known as critical thinking. It is a subset of emotional intelligence. When the occasion calls for it, a person with critical thinking abilities can think clearly and logically. They are able to make decisions and solve problems more effectively as a result.
To learn more about critical thinking, Visit: https://brainly.com/question/3021226
#SPJ4
how much would you need to deposit in an accoutn each month in order to have 50000 in teh account in 8 years? assume the account earns 2% interest.
The payment is required to pay in the fund in order to have an FV of $50,000 in n= 7 years. Thus, an amount of $6725.59 must be deposited in an account each month in order to have $50,000 in the account in 7 years with 2% interest.
Convert the annual rate from a percent to a decimal by dividing by 100: 10/100 = 0.10.
Now divide that number by 12 to get the monthly interest rate in decimal form: 0.10/12 = 0.0083.
Divide our interest rate by the number of payments we will make that year. If you have a 6 percent interest rate and we make monthly payments, we would divide 0.06 by 12 to get 0.005. Multiply that number by our remaining loan balance to find out how much we will pay in interest that month.
Learn more about interest here
https://brainly.com/question/2294792
#SPJ4
the most common data in an sap erp system are which reflect the financial and business impact of executing a process step.
Transaction data is the most prevalent type of data in a SAP ERP system.
Transactional Data: What is it?
Information that is gathered from transactions is referred to as transactional data. It keeps track of the date and location of the transaction, the time it took place, the price ranges of the goods purchased, the mode of payment used, any discounts applied, and other quantities and characteristics related to the transaction. Typically, transactional data is recorded at the point of sale.
In other words, transactional data is the information produced by different business applications as they carry out or support routine purchasing and selling activities. Data from point-of-sale servers, security programs, ATMs, and payment gateways, coming from any device imaginable used to execute a financial transaction, is woven together into a vast and complex network.
to know more about transactional data
https://brainly.com/question/24835236
#SPJ4
7. many companies offer employees health savings accounts (hsas) instead of traditional health care plans. hsas provide each employee with money (usually between $500 and $1,000 per year) that can be used for any health care expense but then require employees to cover a much higher portion of expenses beyond that.
Many companies offer employees health savings accounts (hsas) instead of traditional health care plans. HSAS provide each employee with money (usually between $500 and $1,000 per year) that can be used for any health care expense but then require employees to cover a much higher portion of expenses beyond that.
An issue of Equity may arise from this model because Health savings account will cause greater problem to low income employees because they will bear a greater burden covering health care expenses.
What is Health Savings Account?
Health saving account refers to a tax-advantaged account which is designed to help people save for medical expenses that are not reimbursed by high-deductible health plans.
This type of health plans will not be in the Interest of low income earners because they may suffer from illnesses which their total health care savings can not offset.
Learn more about Health Savings Accounts at https://brainly.com/question/13834834
#SPJ1
PLEASE HELP, fill in the missing spots with the correct terms
Answer:
1.finance
Explanation:
jonathan wants to start a business that relies entirely on the buyer’s demand. in which economic system is best suited for his business to thrive?
If Jonathan wants to start a business that relies entirely on the buyer’s demand then the market-driven economic system is best suited for his business to thrive.
A market economy is an economic system in which all suppliers and consumers are unhindered by price controls or restrictions on contract freedom and where decisions regarding investment, production, and distribution to consumers are guided by the price signals created by the forces of supply and demand. A market that is open to competition has few to no restrictions on how businesses can operate. Tariffs, taxes, licensing requirements, subsidies, unionization, and any other laws or practices that obstruct free-market activity are not present in an open market. Since there is little government interference in market economies, all management decisions are made by private ownership. Greater effectiveness, productivity, and innovation are produced by this economy type.
Note that the full question is:
Jonathan wants to start a business that relies entirely on the buyer’s demand. In which economic system is best suited for his business to thrive
A. command driven
B. market driven
C. mixed economy
D. traditional economy
Learn more about a market-driven economy https://brainly.com/question/11471834
#SPJ4
alivia is speaking to a groups of leaders from her company about manufacturing processes. lynda suggests that she look into some methods used in chinese factories, but alivia says, "no, they don't really understand how to make a profit over there like we do." what is alivia displaying?
Here, Alivia is displaying ethnocentrism.
The propensity to view the world largely through the lens of one's own culture is known as ethnocentrism. which is what Alivia is displaying when she says, "no, they don't really understand how to make a profit over there like we do." speaking of chinese factories. The idea that one's own race, ethnicity, or cultural group is the most significant or that some or all aspects of its culture are superior to those of other groups is a component of ethnocentrism. Some will merely refer to it as cultural ignorance.
Ethnocentrism frequently causes people to make inaccurate judgments about the behavior of others based on their own norms, values, and beliefs. In extreme situations, a group of people may consider another culture to be bad or immoral and attempt to forcefully convert that group to their own ways of life.
To learn more about ethnocentrism here
https://brainly.com/question/11786995
#SPJ4
what do you consider your own strengths and weaknesses for leadership? discuss your answer with another student.
When a leader demonstrates a poor work ethic, a loss of motivation or a lack of accept as true with of their teams, it may cause a disorganized workplace. These kinds of traits also are taken into consideration in leadership weaknesses, mainly if a crew leader fails to acknowledge and work on improving their weaknesses.
These 15 management qualities are: honesty or integrity, confidence, being capable of inspiring others, staying passionate, communication, selection-making responsibility, delegation, creativity and innovation, empathy, resilience, interpersonal competencies, humility, emotional intelligence, transparency, and long term questioning.
Understanding your weaknesses lets in you to recognize how you can works around them. Strengths and weaknesses are a part of being self-aware. When you recognise your strengths and weaknesses, you could create a development approach that focuses on your unique development needs.
Learn more about leader here: https://brainly.com/question/25927714
#SPJ4
when a firm requires a customer to buy additional products in order to buy one of its products, this is known as a(n):
when a firm requires a customer to buy additional products in order to buy one of its products, this is known as a(n) bundling contract.
In sales, commerce, and economics, a client is the recipient of an awesome, service, product or concept - received from a supplier, dealer, or provider via a financial transaction or trade for cash or a few different valuable consideration.
A customer is a person or business that purchases another enterprise's items or offerings. clients are important due to the fact they drive revenues; without them, organizations can not continue to exist.
The definition of a purchaser is someone who buys products or services from a shop, eating place or different retail vendor. An example of a consumer is a person who is going to an electronics keep and buys a television.
Learn more about customer here:https://brainly.com/question/380037
#SPJ4
Choose the answer. Anna, a corporate trainer, is planning to teach a class to a group of executives. Her boss offers her the advice, "Know your audience." How should Anna interpret this statement?
Talking to a group of executives is different than talking to your peers.
She should do background research on every person in the room before teaching.
She should spend most of the class time on small talk to really make connections.
Executives probably don't want to hear anyone teach them something.
As regards the fact that Anna is to teach a class of executives, the advice by her boss to "Know your audience" means that Talking to a group of executives is different than talking to your peers.
What does it mean to "Know your audience"?When we are advised to know our audience, this usually means that we should understand that we need to talk to our audience in a certain way based on their rank, qualifications, and knowledge.
In this case therefore, Anna's boss wants to make her aware that she should remember that executives are not her peers and so she should talk to them in a different manner.
Find out more on knowing your audience at https://brainly.com/question/15012590
#SPJ1
health insurance covers well-being preventive care and medical treatment protects homes, land, and other possessions pays a portion of wages if an individual cannot work for a period of time due to illness or accident provides some financial support to beneficiaries when someone dies
Health insurance covers well-being preventive care and medical treatment. Thus, option A is correct.
What is insurance?Insurance may be defined as the part where the person by protection towards expected losses of financial losses that comes in the way. Insurance can be taken for automobiles, property, or health.
Health insurance is generally taken by a person with respect to their health or well-being. Health Insurance provides financial aid when in need of medical treatment.
With this method, if a person requires an emergency surgery he or she can go for medical insurance which will cover the amount for the surgery. Therefore option A is the correct option.
Learn more about insurance, here
https://brainly.com/question/27822778
#SPJ4
The question is incomplete, the correct question will be
health insurance
covers well-being preventive care and medical treatment
protects homes, land, and other possessions pays a portion of wages if an individual cannot work for a period of time due to illness or accident
provides some financial support to beneficiaries when someone dies
is the criminal action of being involved in an organized effort to engage in illegal business transactions.
The criminal action of being involved in an organized effort to engage in illegal business transactions is Racketeering.
The term racketeering extensively alludes to criminal demonstrations, regularly those including blackmail, that include a "racket". A racket is some kind of plan coordinated to remove unlawful benefits. It is generally utilized for examples of criminal behavior determined in the Racketeer Influenced and Corrupt Organizations Act (RICO).
In other words, it is the demonstration of obtaining a business through criminal behavior, working a business with wrongfully determined pay, or utilizing a business to carry out unlawful demonstrations.
The rundown of felonies determined in RICO incorporates payoff, misrepresentation, betting offenses, tax evasion, monetary and financial violations, discouraging equity or a criminal examination, and murder for enlisting.
#SPJ4
a. the process of specialization and trade has positive net benefits and is, therefore, beneficial to everyone.
The above statement mentioned with regard to specialization is false.
What is Specialization?Specialization refers to the process in which a person and firm has the special advantage in the field of production activities. The various forms of specialization are International specialization, Regional specialization and Industrial specialization.
Even though trade is useful in many ways, such as boosting living standards and promoting international peace and security, it has negative implications, such as unwelcome competition for local firms, and hence is not beneficial to everyone.
Therefore, it can be concluded that the above statement is false.
Learn more about specialization here:
https://brainly.com/question/3722777
#SPJ4
In her job as a pharmacy technician, Imani measures precise doses of medication for patients. What type of skill is this?
A. technical
B. soft
C. collaborative
D. academic
Based on the fact that Imani needs to precisely measure doses of medication for patients, this type of skill is a A. Technical skill.
What is a technical skill?A technical skill refers to one that a person gets from having specialized knowledge in several types of specialized tasks and projects.
The skill to be able to measure precise doses of medication that Imani has is a specialized knowledge that helps her in the pharmaceutical industry which makes it a technical skill.
Find out more on technical skills at https://brainly.com/question/17329273
#SPJ1
pportunity and related factors Develop a research instrument that can be used to assess customers' buyir behaviour for any product of your choice.
How to assess the behavior of consumers Facial expressions can be used to gauge eating habits and consumer preferences. shopping behavior analysis. investigating customer behavior in a natural setting. study of neuromarketing.
Many things about a person's thoughts can be deduced from their facial expressions. Humans are capable of expressing their feelings both verbally and physically. Our body language can occasionally be a dead giveaway to the true emotions we are experiencing. Unconsciously, our eyes, lips that tremble a little, nose that wrinkles, etc., all convey our hidden feelings.
By observing one's facial expressions, one can determine their emotional condition. Even as children, a teacher's severe gaze was all it took to get us to straighten up and obey. Our face is a reflection of our innermost emotions. A small percentage of people have extremely expressive faces that reveal their entire emotional state.
Learn more about facial expressions here
https://brainly.com/question/9022420
#SPJ9
all other things equal, and assuming that purchased both items before, what would you expect to happen to his purchases of (relative to ) this year?
The law of demand suggests that because steaks are more expensive than salmon, they should be. David will make significantly fewer purchases. (Both items' dollar prices have increased, but this increase is relative and does not affect demand.)
The Law of Demand
One of the most fundamental ideas in economics is the law of demand. It explains how market economies distribute resources and set the prices of goods and services that we see in daily transactions by combining the law of supply. The law of demand states that the relationship between quantity purchased and price is inverse. In other words, the quantity demanded decreases as the price increases. Because of declining marginal utility, this happens. In other words, consumers utilize the initial units of an economic good they buy to fulfill their most pressing requirements first, and they use the subsequent units to fulfill progressively lower-valued goals.
To learn more about The Law of Demand
https://brainly.com/question/24500422
#SPJ4
at the beginning of each workday in the medical office, the receptionist is generally responsible for:
At the beginning of each workday in the medical office, the receptionist is generally responsible for disengaging the alarm system.
What is receptionist?
An individual who works in an office or administrative support role is a receptionist. The task is typically done in a waiting room, like a lobby or front desk of a company or institution. A person who works for an organisation who is responsible for greeting clients, patients, and visitors as well as taking phone calls is known as a receptionist. A receptionist's tasks may also include room reservations and assignment, visitor registration, cashier work, credit checks, key control, and mail and message service. This administrative department is referred to as the front desk in many hotels. Front desk clerks are another name for these receptionists. To help the businesses they work for, receptionists perform a variety of activities, such as scheduling appointments, filing, keeping records, and other office duties.
to learn more about receptionist
https://brainly.com/question/27132969
#SPJ4
an organization can succeed if it is better than competitors at something and can stay better at it over a length of time. what is this called?
When an organization is better than its competitors at something and can stay better at it over a length of time, this is called a Competitive Advantage.
What is competitive advantage?The competitive advantage of a company refers to a quality that it knows how to do better than its competitors.
They are also able to remain the dominant force in this quality for a length of time which would allow them to use it to produce/ sell more goods and services and get more customers.
Find out more on competitive advantage at https://brainly.com/question/14030554
#SPJ1
t is november 1 of year 1. sales for frasier company for november and december of year 1 and january of year 2 are forecasted to be as follows: november, 400,000; december 600,000; january, 200,000 on average, cost of goods sold is 70% of sales. during this period, frasier company expects inventory levels to remain constant. this means that inventory purchases are expected to equal the amount of cost of goods sold. 40% of purchases are for cash. of the credit purchases, 5% are paid during the month of the purchase, 65% in the month following the purchase, and 30% in the second month following the purchase. sales for september and october of year 1 were 100,000 and 150,000, respectively.
b. $274,400
Calculation:
Credit sales = 60%
Cash sales = 40%
Particulars $
Cash Purchase ($200,000 x 70% x 40%) = 56,000
Credit Purchase
January month ($200,000 x 70% x 60% x 5%) = 4,200
December month ($600,000 x 70% x 60% x 65%) = 163,800
November month ($400,000 x 70% x 60% x 30%) = 50,400
Total Cash Payments for purchase in January of year 2 = 274,400
What are Credit Sales?Credit sales are transactions in which the debt will be paid in full at a later time. In other words, credit sales are transactions when the consumer does not pay in whole, in cash, at the time of the transaction.
Cash sales, credit sales, and advance payment sales are the three basic types of sales transactions. The timing of when cash is received is the only distinction between these sales transactions.
1. Sales made in cash: When a transaction is made and the customer receives their goods or services, cash is collected.
2. Credit sales: After the sale is made, the customer has a certain amount of time to pay the vendor.
3. Sales involving advance payments: Buyers pay the vendor in full before closing the deal.
To learn more about the, Credit Sales visit:
https://brainly.com/question/14279491
#SPJ4
during an audit of an entity’s stockholders’ equity accounts, the auditor determines whether there are restrictions on retained earnings resulting from loans, agreements, or state law. this audit procedure most likely is intended to verify management’s assertion of:
Most generally, the purpose of this audit technique is to confirm the management's claim regarding presentation and disclosure.
What Do Internal Controls Audit Procedures Entail?
The procedures that auditors follow in order to gather enough relevant audit evidence to make a professional judgment about the efficacy of an organization's internal controls.
To safeguard their IT systems and sensitive data, firms utilize internal controls. They can also be used to ensure responsibility for financial statements and accounting records.
Understanding internal controls, business processes, and the efficacy of a control cannot be done using a single, all-encompassing strategy. Instead, each audit has a different set of requirements.
to know more about Audit Procedures Entail
https://brainly.com/question/20713734
#SPJ4
as a result of the decline in available flu vaccines, the equilibrium price should , and the equilibrium quantity should
As a result of the decline in available flu vaccines, the equilibrium price should increase, and the equilibrium quantity should decrease.
A decrease in supply will cause the equilibrium price to increase and the equilibrium quantity will decrease. So here, in this situation where there is a decline in available flu vaccines, so here the equilibrium price should increase, and the equilibrium quantity should decrease.
Whereas, an increase in supply, all other things unchanged, will cause the equilibrium price to fall and so the quantity demanded will increase. Thus, the increase in demand causes excess demand to develop at the initial price.
Hence, at equilibrium price, buying plans and selling plans agree and price does not change.
To learn more about equilibrium price here:
https://brainly.com/question/18882509
#SPJ4