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soldier1979 [14.2K]
1 year ago
9

What is supply and demand?

Business
1 answer:
ehidna [41]1 year ago
5 0

Answer:

Supply and demand is an interection between the sellers of a product and the people who want to buy that product. Price is affected by supply and demand in a market. Supply and demand is affected by technology and working conditions.

Demand and supply can be graphed to calculate the best price for a product. The space where the 2 lines meet is the equilibrium price.

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Joseph never sleeps through the night. he wakes up at least once per hour to check all the doors and windows in his house to mak
denis23 [38]
The appropriate response is a compulsion. A compulsion is a conduct intended to diminish psychic pain or distress because of components, for example, discouragement or nervousness. People participating in impulses regularly feel a powerful need to take part in the enthusiastic conduct. Ordinary practices, for example, hand-washing, imploring, and checking can progress toward becoming impulses.
7 0
3 years ago
Goodfellow Corporation reported insurance expense of $477 for the current year. The beginning and ending balances in the prepaid
yan [13]

Answer:

The correct option is $457

Explanation:

The amount of cash paid in respect of insurance for the current period can arrived at using the below proforma or format:

Insurance  expense in the year                                   $477

less insurance prepaid in the previous year                 ($50)

add insurance prepaid this year                                     $30

Cash paid for insurance in the current year                $457

It is important to note that the question required actual cash paid in respect of insurance in the current year,full knowing that the beginning balances in prepayment was paid for last year implies that it should be deducted and the other way round for the closing insurance prepayment this year

7 0
3 years ago
Tom transfers a building that originally cost $40,000 to Paul Corp. in exchange for 100% of the corporation's stock. the adjuste
Korolek [52]

Answer:

Gain recognized by Tom is $10000

So option (b) will be correct answer

Explanation :

We have given liability on bulding assumed by Paul Corp = $30,000

Tom's adjusted basis in the building = $20,000

Since the liability assumed by Paul Corp on the building is greater than Tom's adjusted basis, Tom must recognize gain equal to the difference between the liability on the building and his adjusted basis.

So gain recognized by Tom = $30,000 - $20,000 = $10,000

4 0
3 years ago
In a newsvendor model where the demand has normal distribution, if Co < Cu, i.e., the overage cost is lower than the underage
mars1129 [50]

Answer:

maximum

Explanation:

The newsvendor model may be defined as the mathematical model which is characterize by the fixed prices as well as the uncertain demand for the perishable products. This model is mainly used to determine the optimal inventory level.

According to the newsvendor model, there is only one opportunity to order. The cost of buying large quantities of the products may result in disposing them or selling the products at a lower price.

The optimal ordering quantity is maximum when the underage cost is higher than the overage cost.

8 0
2 years ago
A good file system depends on easy retrieval of information, so it is important that _______.
nataly862011 [7]

It is important that you are able to organize and classify your files so that it would be fast and simple to retrieve them when they are needed.  Classify them by topics and arranged them by date as well as by alphabetical order and create a database so that you retrieve them quickly.

8 0
3 years ago
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