1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
You go to the grocery store every 4 days. your friend goes to the grocery store every 10 days. if you and your friend both go to
GaryK [48]

The answer for this question would be you will both go to the store on the same day in 20 days. The reason behind this is you go every 4 days so at the time you go on your fifth round of those 4 days it would be your friend's 2nd time shopping in your friend's 10 shopping days.

7 0
3 years ago
organizations use estimated overhead rates, instead of actual cost, to apply overhead cost to work in porcess because that metho
Evgen [1.6K]

Answer: The management requires the overhead rates before the end of the year

Explanation:

The overhead rates are used because the management requires the overhead rates before the end of the year and the predetermined overhead rates are helpful in keeping records very well. The overhead rates are more accurate in results also.

6 0
3 years ago
What is one way that critical thinking can help in career exploration?
Llana [10]
Becoming aware of your assumptions and becoming open to different points of view can help you demonstrate respect for various approaches to work tasks and styles, making it easier for you to build relationships and be successful with others in your career.
8 0
2 years ago
Read 2 more answers
Saar Associates sells two licenses to Kim & Company on September 1, 2021. First, in exchange for $100,000, Saar provides Kim
Vladimir79 [104]

$110,000 revenue will Saar recognise in 2021 under this arrangement

Solution:

First, in exchange for $100,000

Second, in exchange for $90,000

Saar provides Kim with a three-year right to market Kim's financial advisory services under the name of Saar Associates , Whereas to calculate the revenue :  \frac{4}{36} = \frac{1}{9} ( 90,000)

So , 100,000 + 10,000 = 110,000

6 0
3 years ago
How is a job different from a carrer
Marta_Voda [28]
A job may just be temporary a career normally is for a lifetime and is specific field that you work in for example law, engineering,etc
6 0
2 years ago
Other questions:
  • What’s the purpose of balancing or monitoring your checking account?
    9·1 answer
  • 4. Consider the game of chicken. Two players drive their cars down the center of the road directly at each other. Each player ch
    10·1 answer
  • Increasing segmentation of the marketplace and the need to get products to market faster in light of competitors' specialized so
    15·1 answer
  • You are considering the purchase of a new car, the reborn VW Beetle, and you have been offered two different deals from two diff
    12·1 answer
  • An insured has a primary group health plan and an excess plan, each covering losses up to $10,000. The insured suffered a loss o
    8·1 answer
  • A physical count of merchandise inventory on November 30 reveals that there are 96 units on hand. Cost of goods sold (rounded) u
    6·1 answer
  • Despite potential benefits the disadvantages of a matrix structure include which of the following
    5·1 answer
  • Use the graph to answer the question that follows.
    14·1 answer
  • The invention of small desktop copiers to create a new consumer market using the same technology as large, stand-alone copiers i
    6·1 answer
  • Granting a foreign company the right to manufacture your product or to use your firm's trademark in return for a fee is called:_
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!