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Xelga [282]
2 years ago
7

Please help How does supply and demand effect the price of an item?

Business
1 answer:
Sonbull [250]2 years ago
8 0

Answer:

It's a fundamental economic principle that when supply exceeds demand for a good or service, prices fall. When demand exceeds supply, prices tend to rise. There is an inverse relationship between the supply and prices of goods and services when demand is unchanged.

Explanation:

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The inventory data for an item for November are: Nov. 1 Inventory 20 units at $19 4 Sale 10 units 10 Purchase 30 units at $20 17
kolezko [41]

Answer:

=  $490

Explanation:

<em>Under the </em><em>First-in-First-Out  </em>( FIFO ) <em>method of inventory valuation,  inventories are valued using the price of the earliest batch in stock until the batch is exhausted when the price of the next oldest batch is used and so on.</em>

Date     sale units       Workings                         Value

              10                    10 × $19                              190

               20        (10 × $19)+( 10 × $20)                  390

The cost o he merchandise = $190 + $390

                                             =  $490

8 0
3 years ago
In a cap-and-trade system, ______ set(s) a regulatory cap (limit) on emissions and issue(s) pollution permits, and ______ can bu
Anna [14]

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<em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em>

<em>I</em><em>n</em><em> </em><em>a </em><em>cap </em><em>and </em><em>trade </em><em>system</em><em>,</em><em> </em><em>the </em><em>government</em><em> </em><em>sets </em><em>an </em><em>emissions</em><em> </em><em>cap </em><em>and </em><em>issues </em><em>a </em><em>quantity</em><em> </em><em>of </em><em>emission</em><em> </em><em>allowance</em><em>s</em><em> </em><em>consistent</em><em> </em><em>with </em><em>that </em><em>cap</em><em>.</em><em> </em><em>Emitters</em><em> </em><em>must </em><em>hold </em><em>allowances</em><em> </em><em>for </em><em>every </em><em>ton </em><em>of </em><em>greenhouse</em><em> </em><em>gas </em><em>they </em><em>emit</em><em>.</em><em> </em><em>Companies</em><em> </em><em>may </em><em>b</em><em>uy </em><em>and </em><em>sell </em><em>allowances,</em><em> </em><em>and </em><em>this </em><em>market </em><em>established</em><em> </em><em>an </em><em>emissions</em><em> </em><em>price</em><em>.</em>

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4 0
2 years ago
The lowest tier of the federal court system is the:
igomit [66]
I believe the lowest tier is District Court.
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Rashid [163]

The correct answer to this open question is the following.

You did not attach any text, article, or particular reference to answer this question. So we assume you are talking in general terms.

So being that the case, we can comment on the following.

It is true that emerging technologies are impacting organizations. Some businesses and organizations have been overwhelmed by technological advances. We are talking about new technologies that are transforming the workplace such as biometrics, analytics, robotics, big data, or artificial intelligence.

What organizations can do to reduce the burden of digitalization is having a gradual transformation. Not a sudden or abrupt change. A step by stape process is highly recommended. But procrastination at all. The digital transformation should start now.

It has to start with a process of training to make employees aware of the necessity of change.

6 0
3 years ago
One of the lessons about competing in a globally competitive marketplace that comes from "playing" The Business Strategy Game is
vaieri [72.5K]

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Explanation:

The Business Strategy Game is an important part of strategic management. It encourages encourages individuals to combine several decisions into a unified strategy which is vital for important decision making.

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