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mario62 [17]
3 years ago
6

Demand"" is a series of prices and the related quantities that consumers are willing and able to buy at a particular ___________

__.
Business
1 answer:
Nonamiya [84]3 years ago
7 0

Answer:

given price in a given time period

Explanation:

Demand is the quantity of a good or service that consumers are willing and able to buy at a given price in a given time period. Each of us has an individual demand for particular goods and services and our demand at each price reflects the value that we place on a product, linked usually to the enjoyment or usefulness that we expect from consuming it. Law of demand  states that If the price of something goes up, people are going to buy less of it.The higher price leads to a lower quantity demanded and that a lower price leads to a higher quantity demanded.  Demand is based on needs and wants a consumer may be able to differentiate between a need and a want, but from an economist’s perspective they are the same thing. Demand is also based on ability to pay. If you cannot pay, you have no effective demand. What a buyer pays for a unit of the specific good or service is called price. The total number of units purchased at that price is called the quantity demanded. An increase in the price of a good or service almost always decreases the quantity demanded of that good or service. Conversely, a decrease in price will increase the quantity demanded.

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Answer:

A. becomes a variable cost

Explanation:

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Fixed cost remains constant in a particular financial year. In the long run,  business budgets and projections tend to change, resulting in changes to the fixed cost. In other words, in the long run, fixed costs will change. Therefore, in the long run, all costs are variable expenses.

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Ag-Coop is a large farm cooperative with a number of agriculture-related manufacturing and service divisions. As a cooperative,
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See complete solution in the picture attachment.

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Benjamin, Inc., operates an export/import business. The company has considerable dealings with companies in the country of Camer
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Answer:

the picture attached is the main question while the solution is given in the explanation box below

Explanation:

a)

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b)

2017 = gain = 25000 * 8 * [0.48-0.42] = 12000

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A computer chip manufacturing giant decides to outsource its operations to a new geographical location with cheaper labor amidst
ivolga24 [154]

The best strategy would be to cancel the job cuts till the time the market situation and the entry operations stabilize.

Answer: Option E

<u>Explanation:</u>

The decision of outsourcing the operations taken by the businesses is done to ease out the work and give it outside the company because they themselves can not work upon it. But if this leads to criticisms, then it should be stopped.

The best strategy that the computer company should have is to cancel the job cuts to get the positive reactions back. The company should not go to labor of other areas cutting jobs of its own labor because this will harm it's image in the market and affect the productivity.

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3 years ago
How can integrating SCM, CRM, and ERP help improve business operations at your place of work or school
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Answer:

The integration of those systems will have the power to improve the operations by giving more information and control to the managers and help them in the decision making process.

Explanation:

First of all, the name of "Supply Chain Management" refers to a system that is used in the companies in order to have information and control what it is known as the flow of the goods and services since the raw materials until the final good consumed by the final user.

Secondly, a "Customer Relationship Management" is another system that focus more priorily in the attention to the consumer and the relationship that the company has with him, meaning that in that system all the information related to the customer is held

Finally, an "Enterprise Resource Planning" is also a system that helps the managers to resolve the problems more superiors related to the high management and the decision making process that is involved in those areas due to the fact that it provides a continuous and real life time focus of the situation of the company as a whole.

To sum up and in order to respond to the question, those three systems can help any business to improve its operations due to the simply fact that it will have a major control of what happens and that will mean more information for the decision making process that will lead to better results and profits.

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