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.
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It is true that the type of posttest an advertiser uses is affected by the type of advertising objectives set by the advertiser.
<h3>Who is advertiser?</h3>
- The organization on the mobile marketing ecosystem's purchasing side is known as an advertiser.
- In mobile advertising, the advertiser is frequently an app or brand trying to promote a certain message about their goods (for example, new user acquisition and retargeting campaigns).
<h3>What is the principle of advertising?</h3>
- Creating interest in a thing being offered is the basic idea behind advertising.
- After generating interest, the objective is to persuade consumers to buy the product even if they hadn't previously considered doing so.
- Ads function by influencing consumer's thoughts and feelings about a good or service by utilizing psychology.
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Answer:
10,289 units
Explanation:
The equivalent units of production under FIFO method means the units that are being worked on during the year. Hence this is the reason why in calculating the unit costs we only consider current period costs and not beginning inventory costs.
<u>Calculation of Equivalent units of Production for conversion costs </u>
To finish Opening Work In Process ( 2,200 × 46%) = 1,012
Started and Completed during the year (11,100 - 2,200) × 100 % = 8,900
Closing Work In Process (1,300 × 29%) = 377
Equivalent units of Production for conversion costs = 10,289