All categories

1 year ago

Use the drop-down menu to complete each statement.

Business

1 answer:

podryga [215]1 year ago

5 0

According to this graph, at $10 the quantity supplied is about 14.

As the price of the good rises, the quantity supplied will be increasing.

In the graph, as the price of the good is rising the quantity supplied is also rising, When the price is $10.00 then the quantity supplied is 14 when the price is $15.00 then the quantity supplied is 24 and when the price is $17.50 the quantity supplied is 30.

The volume of a resource, service, or item that people are prepared and able to sell during a certain time period at a given price. If a good's price increases, more of that good is supplied, all other things being equal. When a product's price declines, less of that product is produced.

Two fundamental economic theories are combined in the law of supply and demand to explain how changes in the price of a resource, good, or service impact its supply and demand. Supply grows as the price rises, but demand drops. In contrast, as the price falls, supply is constrained and demand is increased.

The law of supply is a microeconomic principle that asserts, with all other things being equal, that if the cost of an item or service rises, suppliers will offer more of those goods or services and vice versa.

Learn more about the Law of Supply here:

brainly.com/question/17805586

#SPJ1

You might be interested in

Cave Hardware's forecasted sales for April; May; June; and July are $ 170,000; $ 230,000; $ 190,000; and $ 260,000; respectively

PIT_PIT [208]

Answer:

accounts payable 128,500

Explanation:

To answer we must determine how much is the amount of purchases needed for the month of June.

It is not interesting the debt that is generated in previous months since they are paid in full, so in May the purchases of the month of May will already be canceled, so they will not impact the suppliers account.

June

Purchases= 190,000 x 0.85 + (inventory cost of sales of the month) + 80,000 (inventory at the end of the month) + 260,000 x 10% (inventory at the end of the month) = 276,500,

But according to the company's policy at the beginning of the month the inventory was equal to

80,000 + 190,000x10% (June sales) = 99,000

So the purchases necessary to meet the costs of sale and comply with the policy of the owner at closing is the same

267.500(inventory needed) - 99.000( initial existence) = 168.500

the record will be

Inventory 168,500

Cash 43,810

accounts paylable 124,690

6 0

3 years ago

What are four positive aspects of franchising for a business start-up? Why are they important ? .

wel

The primary advantages for most companies entering the realm of franchising are capital, speed of growth, motivated management, and risk reduction

3 0

3 years ago

Joan sells new cars at a local dealership. she receives 15% commission on profit each car is sold for . last week she sold 9 car

Serggg [28]

Calculation of Commission earned:

We are given that Joan sells new cars at a local dealership and she receives a 15% commission on profit.

So we can say that :

Commission earned = 15% * Total profit

Last week she sold 9 cars for the total of $10,870 dealer profit

Hence Commission earned shall be calculated as follows:

Commission earned = 15% * Total profit

Commission earned = 15% * 10870 = $1,630.50

Hence, the Commission earned by Joan is $1,630.50

3 0

3 years ago

Binayak began the business by placing Rs.6,00,000 into a business.

Mnenie [13.5K]

Answer:

THAT A SENTENCE NOT A QUESTION

Explanation:

8 0

3 years ago

Why do some teams never reach the highest stage of team development?

bulgar [2K]

Answer:

1) Not having one or more of 4 C: Commitment, Collaboration, Communication and Contribution.

2) To supply all of 4 Cs

Explanation:

Teams cannot reach the highest performance stage by not having one or more of 4 C: Commitment, Collaboration, Communication and Contribution. For example, a team may be losing performance because of a lack of commitment to a common goal. Or a team may be discontinued because the personal styles of each team member have not been studied and their roles are not well defined. Poor communication can lead to poor team performance, such as the lack of quality contributions by one or more members.

Effective team building methods are diverse and include:

-Simple social activities - allows team members to spend time together.

-Group meeting sessions - fun activities that allow team members to get to know each other under the sponsorship of the company.

-Personal development activities - personal changes in groups, sometimes requiring physical struggle

- Team development activities - group dynamics games that reveal how individuals' problem-solving approaches and team work together

- Team roles - psychological analysis of roles and training on how to work better together

-Tam building is generally included in organizational development theory and practice.

Key Tips for Successful Teamwork:

-The goals and guidance should be clear and understandable to all team members.

-The teams should be able to take and manage acceptable risks while communicating and taking action.

- Teamwork environment should be created where team members need an open, honest and respectful communication. Even under stress, members should be expected to maintain good communication.

- A strong commitment to team decisions and actions should be motivated.

Creativity and innovation should be expected in teamwork and teams should be able to solve the problems they face with these two different norms.

-Team, talent and strategy and teams should be expected to aim for continuous development and progress.

- Teams should be motivated to solve the problems of teamwork, not individual members' problems.

- Participatory leadership should be emphasized. It should be ensured that each member of the team is actively able to assume the leadership position for a certain period of time.

- Promote effective or ideal decisions with the agreement and absolute support of the team.

3 0

3 years ago