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Valentin [98]
2 years ago
7

In economic theory, demand refers to the various amounts of goods or services that consumers are willing to buy over a specified

time period __________
Business
1 answer:
scoray [572]2 years ago
4 0

Simply said, demand is the amount of a good or service that consumers are willing and able to purchase at a specific price within a specific time frame. In an economy, people purchase commodities and services to fulfil their needs for things like food, medical care, clothing, entertainment, shelter, etc.

One of the fundamental concepts in microeconomics is the notion of demand. It seeks to address fundamental issues such as how desperately people desire goods and how pleasure and income levels affect demand (utility). Companies change the supply they offer and the pricing they charge based on how useful consumers view the commodities and services to be.

To learn more about demand, click here.

brainly.com/question/10489478

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What is the relationship of expenses, revenues, and dividends to retained earnings?
Maurinko [17]

Revenue and retained earnings provide insights into a company’s financial performance. While Retained earnings are an accumulation of a company's net income and net losses over all the years the business has been operating whereas, Revenue is a critical component of the income statement.

Retained earnings are the amount of profit a company has left over after paying all its direct costs, indirect costs, income taxes and its dividends to shareholders. Retained earnings make up part of the stockholder's equity on the balance sheet.

Revenue, sometimes referred to as gross sales, affects retained earnings since any increases in revenue through sales and investments boost profits or net income.

To learn more about Retained earnings here

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3 0
2 years ago
This is where labor and other factors of production are sold in the circular flow model of income in economic theory *it’s for e
erik [133]

Answer:

Resource Market

Explanation:

A resource market is a market from where businesses purchase inputs that can be used for production.

Resource Market is a market where labor and other factors of production are sold in the circular flow model of income in economic theory.

In Resource Market, households are the sellers and firms are the buyers.

8 0
3 years ago
Operations management is the set of activities that creates value in the form of goods and services by transforming true or fals
Basile [38]

Operations management is the set of activities that creates value in the form of goods and services by transforming inputs into outputs. - True.

Operations management (OM) is the administration of enterprise practices to create the very best level of efficiency viable inside an business enterprise. it's far concerned with converting materials and exertions into items and offerings as effectively as viable to maximize the income of an business enterprise.

What are the three kinds of operations management?

Operations management consists of three ranges: strategic, tactical, and operational

What are the key factors of Operations management?

The important thing elements of Operations management are; Product choice and layout: The proper sort of products and accurate designs of the goods are crucial for the achievement of an agency. A wrong choice of the product and/or negative design of the products can render the employer's operation useless and non-competitive.

What do you examine in operations management?

Blanketed in operations management is the whole thing involved in turning raw materials into deliverable service or product. this may include designing manufacturing structures, employee schooling, centers planning, deliver chain control, stock control, product layout, best control and much more.

Learn more about Operations management here:- brainly.com/question/1382997

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8 0
2 years ago
The ________ market is where securities are initially issued and the ________ market is where pre-owned securities (not new issu
Lubov Fominskaja [6]

Answer: Option(a) is correct.

Explanation:

Correct option: Primary; secondary

Primary market is a market in which new stocks and securities are issued for the first time. Firms are selling their shares and bonds for the first time to the public. For example; IPO (Initial Public Offering).

Secondary market is a market in which buying and selling of already owned securities takes place. In this type of market investors trade with each other rather than with issuing firm.

4 0
3 years ago
What is the BEST way to stay organized? Person with a descriptive and correct one sentence answer will receive brainliest for th
olga55 [171]

Answer:

Jssjnsnss is a great place to work for and it is a great place to work for and it will help us out to the best of our experience as well as the best and fastest growing business in the

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