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Nana76 [90]
1 year ago
13

The law of supply indicates that, other things equal, Multiple Choice producers will offer more of a product at high prices than

at low prices. the product supply curve is downsloping. producers will offer more of a product at low prices than at high prices. consumers will purchase less of a good at high prices than at low prices.
Business
1 answer:
Alex777 [14]1 year ago
7 0

The law of supply generally asserts that the producers will offer more of a product at high prices than at low prices.

<h3>What does law of supply states?</h3>

The economic law states the higher the price, the higher the quantity demanded; because the sellers get more profit when the price is higher, this encourages the producer to produce at high price.

Therefore, the Option A is correct.

Read more about law of supply

<em>brainly.com/question/1222851</em>

#SPJ12

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When the CEO of an organization redesigns the organizational chart to define different reporting relationships among the organiz
alex41 [277]

Answer:

The correct answer is: command groups.

Explanation:

Formal groups are created by the organization and are intentionally designed to direct members towards an important objective of the organization. A type of formal group is referred to as a group of commands (that is, those that can legitimately give orders to others). Formal organization group can also be formed around a specific task. This group is known as a task group. Unlike command groups, a work group can be made up of people with some special interest or experience in a given area, regardless of their positions in the hierarchy of the organization. It consists of managers, subordinates, or both, with close relationships between group members that influence the behavior of individuals in the group.

6 0
3 years ago
A company's ____________ is the percentage of the total target market for the product that belongs to the company.
ikadub [295]

Answer:

B. market share

Explanation:

Market share is the percentage of consumers that a company has captured from its specific, desired market within an industry.

8 0
3 years ago
Read 2 more answers
Zara Inc., a well-known cosmetics manufacturer, introduced its anti-wrinkle cream in the Asian market after its sales in the Eur
notsponge [240]

Answer:

It is an attempt to extend product life cycle by finding new users.

Explanation:

Zara Inc., a well-known cosmetics manufacturer, introduced its anti-wrinkle cream in the Asian market after its sales in the European market leveled out due to stiff competition from rival products.

The company had to change its selling place because the competition in the European market was too much.

So the company was out looking for new users by introducing its products in the Asian market.

Hence the correct answer is it is an attempt to extend product life cycle by finding new users.

6 0
2 years ago
If union contracts raise wages above competitive levels, what might be one negative outcome?​
Feliz [49]

Answer:

Companies will move overseas to escape unions and hire cheaper labor.

7 0
3 years ago
Suppose that you observe a market with four firms, each with about 25% market share. What does it suggest about the following at
emmasim [6.3K]

level of differentiation across the firm's offerings

Answer: Option C.

<u>Explanation:</u>

Differentiation are the differences that a firm might offer to his customers and clients. These differences make the firms different from each other which exist in the market.

More different and innovative practices that a firm has compared to the competitors, more successful it would be in the market and would have more customers attracted towards it because of the innovation and the differentiation.

8 0
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