Which of the following is not true when the price of a good or service falls? a. Some new buyers, who are now willing to buy, enter the market. b. The total consumer surplus in the market increases. c. The total value of purchases before and after the price change is the same. d. Buyers who were already buying the good or service are better off.

Answers

Answer 1

C. When the cost of a good or service decreases, it is not true that the total value of purchases made before and after the price change is the same.

When Should I Buy and When Should I Sell Stocks?

Finding a stock to invest in may be a rewarding and enjoyable process for investors. When you acquire a stock that rises in value, it can also be highly profitable. But when is the ideal moment to purchase stocks?

The biggest market movements for day traders occur during the opening hour of every trading day. But there are a lot of other things to take into account when timing a stock buy. The following five suggestions will help you decide when to buy stocks so that you have a decent chance of success.

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Related Questions

What are the three main types of organizational buyers?
(1) industrial firms, which in some way reprocess a product or service they buy before selling again to the next buyer; (2) resellers, which are wholesalers and retailers that buy physical products and resell them again without any reprocessing; and (3) government units, which are the federal, state, and local agencies that buy products and services for the constituents they serve

Answers

The three main types of organizational buyers are :(1) industrial firms, which in some way reprocess a product or service they buy before selling again to the next buyer;

(2) resellers, which are wholesalers and retailers that buy physical products and resell them again without any reprocessing; and

(3) government units, which are the federal, state, and local agencies that buy products and services for the constituents they serve.

What kinds of organizational buyers exist?

Producers, resellers, institutions, and the government might be the primary organizational buyers. Where the company that acquires goods for subsequent production or reproduction is referred to as a producer. Wholesalers, retailers, and agents are examples of organizations that acquire products for the purpose of reselling them.

What exactly are corporate buyers?

Individuals who represent a business are known as organizational buyers. These buyers typically take into account both their own preferences and the potential preferences of the customers to whom the organizational buyer's business will market itself when making purchases.

The decision-making process by which an organization identifies, evaluates, and selects among alternative brands and suppliers after determining the need for those products or services is referred to as organizational buying behavior.

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Xavier and Leigh are planning to buy a car. Xavier wants to save money and buy a used vehicle. Leigh considers the price and wants a new red convertible sports car. This scenario exhibits what type of conflict

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The marketing process consists of three steps, according to the mass communication theory of persuasion, which deals with messages intended to subtly alter the attitudes of listeners.

Which of following concepts could be used to describe vocal properties like pitch, volume, inflation rate, and rhythm?

A part of meta-communication known as paralanguage—also called vocalics—can modify meaning, provide sophisticated definition, or convey emotion by employing prosody, pitch, loudness, intonation, and other approaches.

What distinguishes the communication models of Lasswell and Shannon?

Not long that after Desmond Weaver model was produced, Lasswell was developed. The main difference between them is that, as opposed to focusing on a straightforward two-person discussion, Lasswell's model investigates mass communication. Predicting the message's impact on the audience is a key component of this strategy.

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You will receive an inheritance of \$500,000$500,000 in 20 years on your 40th birthday. What is the value of the inheritance today if the discount rate is 10\%

Answers

The present value of the inheritance at 10% discount rate in 20 years is $74321.81.

Give a brief account on Inheritance Value?

The tangible and intangible parts of a heritage constitute its total value. The successor's wealth is increased by mutually beneficial reinforcement. The value of an inheritance is determined by the purpose, not the amount of the gift.

The standard for inherited homes is usually the fair market value (FMV) of the property at the time of the deceased's death. If no valuation has been done at this point, you should consult a real estate professional to figure out her FMV. There is no other way to establish your claim to land.

Whether you receive an inheritance in the form of cash, stock, or real estate, it does not count as income for federal tax purposes.

PV = C/(1 + r)ⁿ

Where, PV = Present value

C = Inheritance ($500,000)

r = Discount rate (10%)

n = Time period (20 years)

PV = $500,000 / (1+10%)²⁰

= $74,322

Hence, $500,000 to be inherited after 20 years is worth $74,322 of today.

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Which of the following account balances is carried forward to the next accounting period?
a. accumulated depreciation
b. depreciation expense
c. dividends
d. sales revenue

Answers

Accumulated depreciation is  account balances is carried forward to the next accounting period.

Option A is correct.

Accumulated depreciation:

The total amount an asset has depreciated up to a single point is its accumulated depreciation. The beginning accumulated depreciation balance is increased by the depreciation expense recorded in that period.

How does accumulated depreciation relate to an asset?

The total amount of a given asset's depreciation expense since it was put to use is called accumulated depreciation. It is a contra-asset account, which means it is a negative asset account that has a higher balance than the asset account it usually goes with.

In the balance sheet, what is accumulated depreciation?

The running total of depreciation that has been expensed against an asset's value is known as accumulated depreciation. On the balance sheet, fixed assets are shown as a debit, while accumulated depreciation is shown as a credit—offsetting the asset.

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What is the greatest challenge that organic farmers face?

Answers

One of the biggest challenges organic farmers face is lack of access to resources and markets. Many organic farmers are small, family businesses and lack the capital to invest in the necessary resources and infrastructure to be successful.

In addition, organic farmers often face high costs associated with obtaining organic certification, which can be a barrier to entering the organic market. Organic farmers also face an uphill battle competing with large industrial farms that have access to economies of scale and access to larger, more lucrative markets. These challenges can make it difficult for organic farmers to remain competitive and successful, and can limit their ability to access the resources necessary to grow their operations.

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which of the following would not be considered a conversion cost by a baking company? a. Flour b. Depreciation on oven c. Electric costs
d. Baker

Answers

Flour would not be considered as conversion cost by a baking company.

What is a conversion cost?

The conversion cost is the expense made by any industrial company to turn its raw materials into finished products that can be sold on the market. It frequently includes actual costs like administrative and manufacturing overheads in addition to the total cost of labor. Manufacturing Costs known as "overheads" may be directly related to each unit of a product or step in a process. These cover costs for items like electricity, rent, depreciation, insurance for the plants, upkeep for the plants, etc. The price of direct labor, which includes salaries, wages, pensions, insurance for those working in production, supervision, etc., is directly connected to how much the product is produced.

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Fill in the blank: The difference between digital advertising and organic marketing on social media platforms is that digital advertising is _____ and organic marketing is _____. Select all that apply.

Answers

The correct answer is B and D. Fill in the blank: The difference between digital advertising and organic marketing on social media platforms is that digital advertising is paid and organic marketing is not paid.

Advertising and marketing is the method of exploring, creating, and handing over fees to satisfy the wishes of a target market in terms of goods and offerings; doubtlessly which includes the selection of an audience; selection of positive attributes or subject matters to emphasize in advertising and marketing; operation of advertising and marketing campaigns;

Attendance at exchange shows and public activities; design of merchandise and packaging appealing to buyers; defining the phrases of sale, including rate, reductions, warranty, and go back policy; product placement in media or with people believed to influence the shopping for habits of others; agreements with shops, wholesale distributors, or resellers; and tries to create recognition of, loyalty to, and high-quality emotions approximately a logo.

Advertising and marketing are normally achieved via the vendor, commonly a store or producer. every so often the task is shrunk to a committed advertising firm or advertising enterprise. More rarely, a trade association or government agency (such as the rural marketing service) advertises on behalf of an entire industry or locality, regularly a selected sort of food (e.g. were given Milk?), meals from a particular vicinity, or a city or location as a tourism destination.

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Complete question:

Fill in the blank: The difference between digital advertising and organic marketing on social media platforms is that digital advertising is _____ and organic marketing is _____. Select all that apply.

A). paid; not paid

B). for e-commerce only; for all businesses

C).more targeted; less targeted

D).unhelpful; helpful

GDP can understate standard of living by ______________. Select the correct answer below: including healthcare spending when human health is declining ignoring crime rates not considering income inequality not capturing increases in leisure time

Answers

GDP can understate standard of living by not considering income inequality Option C is correct

GDP stands for Gross Domestic Product, which is a measure of the economic activity within a country. It is typically used to measure the size and growth of a country's economy. GDP is calculated by adding up the value of all goods and services produced within a country in a given period of time, typically a year. The most common way to express GDP is in terms of the total value of goods and services produced in a year, adjusted for inflation.

GDP=C+G+I+NX

where:

C=Consumption

G=Government spending

I=Investment

NX=Net exports

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Answer: not capturing increases in leisure time

Explanation:

Before the Industrial Revolution, the doctrine of ________ governed the employment relationship in the United States.

Answers

The philosophy of laissez-faire ruled the job relationship in the United States prior to the Industrial Revolution. Hence, the correct answer is laissez-faire.

What exactly was the Industrial Revolution?

The Industrial Revolution was the transition to new industrial processes that occurred in the United Kingdom, continental Europe, and the United States between around 1760 and 1820-1840. The transition from hand to machine production methods, new chemical manufacturing, and iron production processes, increasing use of steam and water power, machine tool development, and the formation of the mechanized industrial system was all part of this change. Output increased substantially, leading to record increases in population and population growth rate. In terms of employment, output value, and capital invested, textiles dominated the Industrial Revolution. The textile industry was also the first to use modern production processes.

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Serious question for the verified answers, do yall get paid to answer our questions?

Answers

Answer:

no, not if you are the community. somebody gets his answer verified then that just means his is the correct answer.

Explanation:

I have been verified

What is paige’s net income for december?
a. $900
b. $950
c. $1,850
d. $2,750

Answers

Paige made $900 in net income in December.

How much is net income?

Operating income is the entire amount of money that a person or company made over a specific time period after deducting taxes, costs, and interest. A company's net income, which can also be called to as operating revenue, net earnings, or just profit, calculates its profitability.

How is net income determined?

Minus expenses, such as interests and taxes payments from the gross revenue which is the amount of money produced. Net income for individual is the amount that really receive from their paycheck each month as opposed to gross amount they are paid including payroll deductions.

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With the accrual basis of accounting, it is appropriate to recognize revenue from a credit sale
a. on the date of the sale.
b. on the date the account is collected in full.
c. each time a payment on an account balance is received.
d. either on the date of the sale or when the amount of the sale is collected.

Answers

It is appropriate to recognise revenue from a credit sale on the day of the sale when using the accrual method of accounting. The business will acknowledge that the income is earned once they have finished the service or sent the product, even though they may not pay the amount due right away.

How do you use appropriate?

I didn't think it was right to introduce myself to you.

The music he picked couldn't have been more appropriate.

I ought to get appropriate clothing if I wish to sunbathe.

I wasn't sure what sort of clothing would be appropriate for the restaurant.

Finding the proper luggage took a long time.

I've distributed a list of the relevant states.

Without knowing how to respond, he found himself staring down at her glass.

After taking the necessary notes, Fred enquired as to who was present when the knife vanished.

I'll get in touch with him/her when it's right.

The topic of clothing came up, including Jennifer's dress shop on the west coast and Cynthia's search for the perfect wedding dress for the mother of the groom.

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Part Two Consider the following three scenarios. Respond to the reflection questions related to each scenario with your suggestions for government action in complete sentences. Scenario 1: The government is currently spending three billion, one hundred million on programs and brings in three billion, five hundred million through taxation. 4. Does this create a budget surplus or deficit? Explain. 5. As a member of Congress, what changes would you suggest to fiscal policy to bal- ance the budget? Explain at least two ways you would use the tools of fiscal policy to balance the budget by recommending an "increase" or "decrease" to each tool in your explanation. 6. What are the benefits and opportunity costs of the changes you propose? Consider the impact on economic growth, price stability, and unemployment.

Answers

4) Since the government's receipts ($3.5 billion) exceed its spending, the budget will be in surplus (3.1 bn). If your spending are more than your income, you have a budget deficit.

5) To begin with, you have a budget surplus. As a result, in order to balance the budget, the government must pursue an expansionary fiscal policy (EFP). Fiscal policy's two main instruments are taxes and spending. By implementing EFP, the government can raise spending and cut taxes to balance the budget surplus and boost the economy.

6) Benefits include the creation of more jobs and a significant boost to economic growth as a result of government spending increases that increase aggregate demand. Inflation is one of the opportunity costs since higher expenditure levels tend to be more inflationary.

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Can monthly mortgage increase?

Answers

Throughout the course of the loan, it's possible for the amount of your monthly mortgage payment to change numerous times.

Can your mortgage provider increase your payment? Your mortgage payment may increase, and that is a fact.This information might surprise you, particularly if your mortgage has a fixed rate.The amount of your monthly mortgage payment, however, may change numerous times during the course of the loan, which is the reality.The amount of your payment may increase if your bank thinks that there won't be enough money in your mortgage escrow account.You may be given the option by the bank to choose between paying back the debt in full up front or over the course of 12 months.Your mortgage payment may be reduced by refinancing to a cheaper interest rate, dropping your mortgage insurance, extending the term of your loan, looking around for a better homeowners insurance rate, or contesting your property taxes.

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What is a risk factor ?

Answers

Risk factors are those elements that are understood to carry a high risk of both illnesses and infections.

Risk factor is an element that raises a person's likelihood of contracting a disease. For instance, both obesity and cigarette smoking are risk factors for heart disease and lung cancer, respectively.

Any quality, trait, or circumstance about a person raises their risk of contracting an illness or suffering a harm. Underweight, unsafe sex, high blood pressure, cigarette and alcohol use, unclean water, sanitation, and hygiene are a few examples of the more significant risk factors.

Age, a family history of specific malignancies, cigarette use, radiation exposure, chemical exposure, infection with specific viruses or bacteria, and genetic alterations are a few examples of risk factors for cancer.

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A balance sheet that places the liabilities and equity to the right of the assets is
a(n):
Select one:
a. Report form balance sheet.
b. Interim balance sheet.
c. Account form balance sheet.
d. Unclassified balance sheet.

Answers

a. Report form balance sheet. A balance sheet that places the liabilities and equity to the right of the assets is called a report form balance sheet.

This format of balance sheet is also known as the traditional format and is commonly used by companies to present their financial position. It is easy to read and understand and it provides a snapshot of the company's assets, liabilities, and equity at a given point in time. It also shows how the assets have been financed, whether through debt or equity. The report form balance sheet is often used in financial statements and annual reports. The other options like interim balance sheet, account form balance sheet, and unclassified balance sheet are not commonly used and not standard forms of balance sheet.

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. PJ can afford an $800 monthly mortgage payment. If the current mortgage rates are 4.75% and he wishes to have a 30-year mortgage, what is the maximum amount he can afford to borrow

Answers

PJ has the maximum financial means to borrow up to $153,360.

Given a specific rate of return, or discount rate, the present value of an annuity is the current value of the future payments from an annuity. The present value of the annuity decreases as the discount rate increases.

Use the standard annuity present value formula.

The equation is:

PV = PMT {[1- (1+ r / k) ^ (-kn)] / (r/k)}

PMT monthly equals 800

R = 4.75% of the interest rate, or 0.0475

K / monthly compounded = 12

Time / N = 30 years

Present Value = 800 x [1- (1+0.0475 / 12)⁽⁻¹²ˣ³⁰⁾/ (0.0475 / 12)]

Therefore, Present Value = 153,360.32 or 153,360

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For Amy, the day began like any other at the Sequential Label and Supply Company (SLS) help desk. Taking calls and helping office workers with computer problems was not glamorous, but she enjoyed the work; it was challenging and paid well enough. Some of her friends in the industry worked at bigger companies, some at cutting-edge tech companies, but they all agreed that jobs in information technology were a good way to pay the bills. What happened

Answers

All of her industry acquaintances felt that working in information technology was a good way to make ends meet. The phone rang, as it did about four times an hour and 28 times a day.

This excerpt is from Book of Five Rings. Amy was unaware that a specially programmed computer at the edge of the SLS network had already made a predetermined choice around four minutes before to Bob's phone call.

The networking, messaging, and information security teams at SLS referred to this computer as the "e-mail gate- way" even though it was more commonly known as postoffice.seqlbl.com.

It decided to prohibit the transmission of a file that was attached to an email addressed to Bob.Hulme,seqlbl.c-om, just like the many thousands of other judgments it made every day. Bob didn't require the executable application that was attached to the email message, according to the gateway.

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An investment property's return on equity ratio is 15% and the owner has $85,000 of equity. What is the property cash flow

Answers

The owner of an investment property has $85,000 in equity and a return on equity ratio of 15%. The property's cash flow will therefore be $12,750.

The net balance of money coming into and going out of a business at a particular period is referred to as cash flow. A firm constantly receives and expends cash. For instance, when a retailer buys merchandise, money leaves the company and goes to its suppliers.

Return on equity is provided as 15%, or 0.15.

Equities total $85,000.

We must ascertain the cash flow.

The equity formula that will be applied is:

Equity = Cash Flow / Return on Equity

Accordingly, 85000 = Cash Flow / 0.15

Consequently, the cash flow will be $12,750.

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What are the goals of a society?

Answers

The main goals of a society are the following:

Living in a system that guarantees the safety, education, health, and work of all members of society.Guarantee the freedom of expression of all people and media in society.Have a justice system that guarantees the human rights of all, such as the right to vote and freedom.Guarantee the peace of society away from wars or social or political conflicts.Guarantee adequate economic and social conditions so that citizens can live with quality of life and do not have to emigrate from the country.Promote the protection and well-being of its members.

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What factors do you think result in the relationship between neighborhood demographics and the cost of an overdraft fee

Answers

The number of residents in the area is one of the criteria that determines how much an overdraft fee will cost in relation to the neighborhood demographics.

What do the terms neighborhood demographics and overdraft fee mean?

Neighborhood demographics are details on the people who live in a certain state, city, or town.

The service fees that banks charge clients who use their overdraft service are referred to as "overdraft fees" in this context.

The overdraft fees levied by various banks in a given area may vary depending on the number of bank customers present.

Due to the number advantage, the overdraft fee may be set at a low price if there are numerous bank customers in the area.

Therefore, the relationship between neighborhood demographics and the cost of an overdraft fee depends on the local population.

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What is one way that technology can improve the distribution of goods workers can take Internet classes to gain new skills?

Answers

To learn new skills, employees might enroll in online courses. Automation makes it easier and more affordable to produce items. Workers for factories can be hired anywhere in the world.

A person who completes particular responsibilities for a company in exchange for regular payment is called an employee. a person who accepts a job as a paid employee from another or from a company, firm, etc. also known as personnel. An employer is a person, business, or other entity that hires workers and compensates them for their labor. Employees are those who are paid to perform labor. Employers provide workers a job. A person who has consented to be employed under the terms of an employment contract is said to be an employee. Your employment status will play a role in determining what obligations and rights you have at work.

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How does a production possibilities graph show opportunity cost?

Answers

A production possibilities graph shows opportunity cost by illustrating the trade-off between two different production options. It shows how much of one good must be given up in order to produce more of the other.

It also shows the maximum amount of both goods that can be produced given limited resources. The opportunity cost of one good is shown by the slope of the production possibilities graph, which is the amount of the other good that must be given up in order to produce more of the first good. Applying the following formula, opportunity cost is determined as follows: Opportunity Cost is calculated as Return on the Most Profitable Investment - Return on the Investment Selected to Pursue.

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the hamilton btush company issued 2500 shates of common stock wotyh 10000000 total what is the par value of each sharte

Answers

The concept in question is the Face value of a stock, which is the dollar value provided by the issuer of a security at the time of issuance. The answer is $4,000.

Face value is the value printed on the face of a stock, bond, or other financial instrument or document. The face value may differ from the amount paid for the debt instrument as the amount paid may include a discount or premium to the face value.

When the debenture matures, its issuer repurchases it for a principal amount of $.

Given:

common stock = 2500

issued value = 10000000

Par value = total value/number of shares

Par value = 10000000 / 2500

Par value= $ 4,000.

So, we can conclude by saying that the share will have a par value of $4,000.

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performs, they sign an accord, in which Lester promises to pay $4,000 within ten days instead of $5,000 later

Answers

A written document authored by the defendant and signed by him is always required when the cost of the items is $500 or higher.

How  to pay $4,000 within ten days instead of $5,000 later?

A collateral contract is one in which one party (the guarantor) undertakes to cover the debt or obligation that a second party (the primary debtor) owes to a third party (the obligee) in the event that the principle debtor is unable to fulfill their obligations.

Any signed writing that (1) clearly defines the contract's subject matter, (2) is sufficient to prove that a contract exists, and (3) expresses the contract's essential elements with reasonable confidence satisfies the Statute of Frauds.

All parties to a contract must sign the written document in order for the statute of frauds to be satisfied. Due to the statute of frauds, certain verbal agreements are deemed non-binding and unenforceable in the absence of written documentation.

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(Chart A - H2)
Line De represents the current household demand for a specific product. If income taxes are reduced, which line will represent the demand for that specific product?
a. D1
b. De
c. D2

Answers

Option b, The line that represents the current household demand for a specific product is denoted as "De". If income taxes are reduced, this line would continue to represent the demand for that specific product, as the change in taxes would likely affect the quantity demanded rather than the line representing the demand itself.

The line representing the current household demand for a specific product is referred to as "De" in economics. This line represents the relationship between the price of the product and the quantity of the product that households are willing and able to purchase.

When income taxes are reduced, the disposable income of households increases, which can lead to an increase in the quantity demanded of most products. However, the line representing the demand for the product, "De", will remain the same, it will just shift to the right due to the increase in quantity demanded at each price level.

This is known as the law of demand.

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On the statement of cash flows, activities that create long-term liabilities are usually
a. financing activities.
b. operating activities.
c. investing activities.
d. noncash investing and financing activities.

Answers

On the statement of cash flows, activities that create long-term liabilities are usually (A) financing activities.

Financial transactions' long-term liabilities, owner equity, and adjustments to short-term borrowings are referred to as financing operations. The statement of cash flow categorizes long-term debt as financing activities. This covers both payments and borrowings. A firm must consider its future possibilities when deciding whether to borrow money.

The cash flow statement's financing activity focuses on how a company obtains capital and returns it to investors via capital markets. Along with paying in cash dividends, adding or altering debts, and issuing and reselling more stock, these actions also include these.

On the balance statement of your company, long-term obligations are listed. The balance sheet provides a comprehensive picture of the business's financial situation. The accounting formula is as follows: assets = liabilities + owners' equity.

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Rosalyn is planning to sell her apartment complex. Ten years ago, she bought the eight-room complex for $420,000. The building has gained 2.2% in value every year since she bought it. She charges a monthly rent of $720 for each room, and pays $22,900 per year in upkeep costs. If Rosalyn has kept all of the rooms occupied continuously since she bought it, to the nearest hundred dollars, how much profit will she have made in total when she sells it

Answers

The upkeep expense is 22900 dollars annually, or 229000 dollars over ten years. She will make (522105.48 - 420000 + 691200 - 229000) dollars in profit when she sells her apartment, for a total of 564305.48 dollars.

Mesne profits, pronounced "mean," are sums of money paid to someone having the right to immediate possession expense of land when no licence has been granted for that occupancy. The revenue generated from selling a good is referred to as the profit, and it must exceed the cost of the good. In other terms, a gain from any business activity constitutes a profit.

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. Suppose Boris pays $100 to Sonya. A. We can say with certainty that the GDP has increased by $100. B. We can say with certainty that the GDP has increased, but we cannot determine the amount. C. We can say with certainty that the nominal GDP has increased, but we can't say whether real GDP has increased or decreased. D. We need more information to determine whether GDP has changed.

Answers

We need more information to determine whether GDP has changed.

A measurement called the gross domestic product aims to represent the economic output of a nation. A higher level of living can be expected in nations with larger GDPs because more commodities and services are produced there.

Due to this, a lot of people, including political figures, view GDP growth as a crucial indicator of a country's success and frequently use the terms "GDP growth" and "economic growth". However, many economists contend that GDP shouldn't be used as a stand-in for overall economic performance.

For instance, if Country B produced 5 bananas valued at $1 each and 5 backrubs of $6 each in a year, the GDP would've been $35. The GDP for Country B would've been $40 if the cost of bananas increased to $2 the next year and the amount produced remained the same.

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If (3, 7) and (7, −3) are the endpoint of the egment, find the equation of the perpendicular biector of

Answers

The equation of the perpendicular bisector of the line segment will be equal to y =2/5x.

In order to find the equation of perpendicular bisector of the line segment between the two points we first find the mid point of the two points as the bisector will pass through the mid points of the two end points of the line segment.

The formula for mid point is expressed as

P(x, y) = [(x₁ + x₂)/2, (y₁ + y₂)/2] where x₁ = 3, y₁ = 7 and x₂ = 7, y₂ = -3

P(x, y) = [(3 + 7/2), (7 - 3)/2]

P(x, y) = (5, 2)

Now, the slope of the given line segment is expressed as

Slope = (-3 - 7)/(7 - 3)

Slope = -10/4

Slope = -5/2

Now, the slope of the perpendicular bisector = 2/5

Now, the equation of the perpendicular bisector passing through point (5, 2) is expressed as

y - 2 = 2/5(x - 5)

5y - 10 = 2x - 10

5y = 2x

y = 2/5x which is the required equation.

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Complete Question:

If (3, 7) and (7, −3) are the endpoint of the segment, find the equation of the perpendicular bisector of the line segment.

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