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3 years ago

How does supply and demand affect prices?

2 answers:

4 0

There is an inverse relationship between the supply and prices of goods and services when demand is unchanged. If there is an increase in supply for goods and services while demand remains the same, prices tend to fall to a lower equilibrium price and a higher quantity of goods and services.

irakobra [83]3 years ago

3 0

The higher the supply the lower the price will be and the higher the demand the higher the price will be. This means that they have an inverse relationship. In short, the more you need something the more you're willing to pay for it, and the less you need it the less you want to pay, and this is basically how the economy works when producing and selling.

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The CEO of Widgets, Inc., must decide whether to take the company public. To better understand the potential advantages and disa

nordsb [41]

Answer:

the dialectic method

Explanation:

Based on the information provided within the question it can be said that the process that is being used is known as the dialectic method. This is a form of research in which competing ideas, perspectives, or arguments are analyzed in order to understand the potential truths, advantages, and disadvantages of the aspects being discussed.

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3 years ago

Service companies and notminusforminusprofit organizations ________. A. can use CVP by focusing on measuring the organization'

frutty [35]

Answer:

A. can use CVP by focusing on measuring the organization's output

Explanation:

Service companies and not-for-profit organizations can use CVP by focusing on measuring the organization's output.

Cost Volume Profit Analysis bothers on the profitability of company's output, whether it be a product manufacturing company or a service-rendering company.

In the case of a service company, Cost Volume Profit will be computed as: Profit = Service Price - Cost to provide service.

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3 years ago

Read 2 more answers

Sheldon has the following year-end account balances: Accounts Receivable, $5,000; Supplies, $12,000; Equipment, $18,000; Account

Reptile [31]

Answer:

the balance in the Cash account should be C : $25,000.

Explanation:

Assets=(Liabilities+Owner’s Equity)

Assets= Cash+account receivable+Suplies+Equipment

Cash 25.000

Acoount Receivable 5.000

Supllies 12.000

Equipment 18.000

Assets 60.000

Account Payable 17.000

Liabilities 17.000

Stakholder equity 43.000

Equity 43.000

Liabilities+ Equity 60.000

4 0

3 years ago

Sebastian plans to open a restaurant but he is unsure about how to attract customers. He hires a consumer researcher to analyze

Evgen [1.6K]

Answer:

The correct answer is c. ethnicity

Explanation:

Ethnicity is first and foremost a form of identification, an identification of one with what oneself and others understand to be their ethnic or ethnic group. Ethnicity denotes a relationship or feeling of belonging. Regarding the term of identification, ethnicity and ethnicity are classifying concepts. The classification is based on very different criteria or "ethnic markers": cultural, linguistic, religious ascriptions, racial traits, common origin, shared activities, etc.

5 0

3 years ago

Holly wants to have $200,000 to send a recently born child to college. She sets up a 529 plan and wants to know how much she mus

Yuliya22 [10]

Answer:

The amount Holly will have to invest less each year is $1,226.72.

Explanation:

This can be calculated using the following 3 steps:

Step 1: Calculation of monthly payment at 5% interest rate

This can be calculated using the formula for calculating the Future Value (FV) of an Ordinary Annuity is used as follows:

FV = P_5% * (((1 + r)^n - 1) / r) ................................. (1)

Where,

FV = Future value or the amount Holly wants to have = $200,000

P_5% = Annual investment at 5% = ?

r = Annual interest rate = 5%, or 0.05

n = number of years = 18

Substituting the values into equation (1), we have:

$200,000 = P_5% * (((1 + 0.05)^18 - 1) / 0.05)

$200,000 = P_5% * 28.1323846738217

P_5% = $200,000 / 28.1323846738217

P_5% = $7,109.24

Step 2: Calculation of monthly payment at 7% interest rate

This can be calculated using the formula for calculating the Future Value (FV) of an Ordinary Annuity is used as follows:

FV = P_7% * (((1 + r)^n - 1) / r) ................................. (2)

Where,

FV = Future value or the amount Holly wants to have = $200,000

P_7% = Annual investment at 7% = ?

r = Annual interest rate = 7%, or 0.07

n = number of years = 18

Substituting the values into equation (2), we have:

$200,000 = P_7% * (((1 + 0.07)^18 - 1) / 0.07)

$200,000 = P_7% * 33.9990325104648

P_7% = $200,000 / 33.9990325104648

P_7% = $5,882.52

Step 3: Calculation of the amount Holly will have to invest less each year

Amount to invest less each year = P_5% - P_7%

Amount to invest less each year = $7,109.24 - $5,882.52

Amount to invest less each year = $1,226.72

Therefore, the amount Holly will have to invest less each year is $1,226.72.

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3 years ago