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vodomira [7]
1 year ago
6

14. Which is most likely to happen when the price for a good or service is

Business
1 answer:
sukhopar [10]1 year ago
3 0

When the price for a good or service is high then supply increases.

Price is the sum that the producer receives for each unit of an item or service that is sold. A rise in price nearly always results in a rise in the amount of that good or service supplied, whereas a fall in price results in a fall in the amount supplied.

The widespread consensus is that demand slopes downward because customers buy less when prices are greater. The price at which supply and demand are equal is represented by the intersection of the two curves as the market-clearing price.

When a good's price is higher than equilibrium, this indicates that there is more supply of the good than demand for it. The product is available in excess on the market.

To learn more about customers refer to:

brainly.com/question/13472502

#SPJ9

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Claudia is hired as a Senior Engineer by Hexagon Inc. Allen, the HR Manager of the company, promises her that she will start wor
algol13

Answer:

d. Hexagon Inc. cannot be challenged in a court even when it fails to follow up on its promises.

5 0
3 years ago
Norton loans a customer $500 on January 1. On July 1 of the same year, the customer must repay Norton $525. The amount of intere
s2008m [1.1K]

Norton loans a customer $500 on January 1. On July 1 of the same year, the customer must repay Norton $525. The amount of interest earned by Norton is <u>twenty-five</u> $.

Whilst you take out a loan–whether or not it is a scholar loan, private loan, vehicle loan, or mortgage–creditors earn money by way of charging you interest. interest is the price you pay for borrowing money from a lender. that means you won't just pay returned the money you borrowed.

APR is the once-a-year fee of a mortgage to a borrower — together with expenses. Like a hobby fee, the APR is expressed as a percent. unlike an interest charge, however, it consists of other expenses or prices which include loan coverage, most ultimate charges, cut price factors, and mortgage origination costs.

for example, the hobby on a $30,000, 36-month mortgage at 6% is $2,856. The equal loan ($30,000 at 6%) paid again over seventy-two months could fee $five,797 in the hobby.

Learn more about loans here: brainly.com/question/26011426

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6 0
1 year ago
Which employee is the business, management, and administration career cluster who would most likely work in a cubicle
Luden [163]
I would say Sales Representative because a receptionist works front desk mail clerk does mail accountant has its own office
7 0
3 years ago
Read 2 more answers
You purchased 300 shares of common stock on margin for $60 per share. The initial margin is 60% and the stock pays no dividend.
MrMuchimi

Answer:

- 41.67%

Explanation:

For computing the rate of return first we have to compute the initial investment which is shown below:

= Number of shares × per share ×  initial margin percentage

= 300 shares × $60 per share × 60%

= $10,800

Now Loss on sale of common stock is

= (Selling price - purchase price) × number of shares  purchased

= ($45 - $60 ) × 300  shares

= - $4,500

So the rate of return will be:

= Loss ÷ Initial Investment

= - $4,500 ÷  $10,800

= - 41.67%

7 0
3 years ago
Participation occurs when employees have a voice in decisions about their own work.
jarptica [38.1K]
TRUE. Participation occurs when employees have a voice in decisions about their own work.
3 0
3 years ago
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