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Pie
2 years ago
12

according to the law of supply: group of answer choices there is an inverse relationship between price and the quantity supplied

. there is a direct relationship between price and quantity demanded. there is a direct relationship between price and the quantity supplied. there is an inverse relationship between price and quantity demanded.
Business
1 answer:
NeX [460]2 years ago
8 0

Answer:

there is a direct relationship between price and the quantity supplied.

Explanation:

If price rises, supply will rise because suppliers will see the opportunity to earn more profit.

If price falls, supply will fall due to low opportunity of profit to the suppliers.

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Last month, Buren, Inc. manufactured 10,000 units of its only product, and the cost per unit was $60. At this level of productio
julia-pushkina [17]

Answer:

Consider the following calculations

Explanation:

Fixed Cost = 60*50%*10000 = $300000

Variable Cost per unit = 60*50% = $30 per unit

Previous Total Cost Per Unit = $60 per unit

New Total Cost per unit = Fixed Cost + Variable Cost

= 300000 + (10500*30)

= 300000 + 315000

= $615000

New Total Cost per unit = 615000/10500

= $58.57 per unit

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Note:-

Fixed cost will remain unchanged irrespective of the increase in the production in units.So total cost per unit decrease.We can see the above effect.

7 0
3 years ago
Crawford Corporation issues $100,000 of 7% bonds on January 1, Year 1. The bonds have a six-year term and pay interest semiannua
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Answer

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Explanation  

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8 0
3 years ago
Williams Company computed its cost per equivalent unit for direct materials to be $1.60 and its cost per equivalent unit for con
LUCKY_DIMON [66]

Answer:

the ending work in process inventory is $91,960

Explanation:

The computation of the ending work in process inventory is given below:

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The same should be considered and relevant

5 0
3 years ago
If your employer clearly states in the employee handbook that work email addresses should be used for official business only and
emmainna [20.7K]

Answer:

TRUE

Explanation:

In a democracy, congressmen are employees of the people. They are responsible for making decisions that represent the people. If the people are dissatisfied with the performance of parliamentarians, the tendency is for renewal in the next electoral window. Thus, the people alter the composition of the Congress, voting for new candidates to represent them.

4 0
3 years ago
The accounts receivable balance is $1,000,000. After adjustment, the allowance for uncollectible account balance is $40,000. Net
Karo-lina-s [1.5K]

Answer:

$960,000

Explanation:

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= Balance of accounts receivable - the balance of allowance for uncollectible account

= $1,000,000 - $40,000

= $960,000

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All other information which is given is not relevant. Hence, ignored it

5 0
4 years ago
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