Amount of a product offered for sale at all possible market prices

Business

1 answer:

Rama09 [41]3 years ago

8 0

Answer:

Supply

Explanation:

Supply is the economic term that describes the amount of a product that firms as willing to sell at different price levels. The price of the product plays a major role in determining the quantity of supply. As per the law of supply, the higher the price, the higher the quantity firms will be willing to supply.

Although the price affects supply, several other such as the price of related goods, cost of inputs, production technology, and government factors influence supply. Supply can be associated with a specific price, or all possible prices, as illustrated in a supply curve.

You might be interested in

When a price floor is placed on the price of movie tickets, the consumer surplus relative to the free market equilibrium will mo

Lostsunrise [7]

It will definitely decrease, as consumers will have to pay more and a deadweight loss will be present. Search up 'price floors and deadweight loss'.

4 0

3 years ago

Read 2 more answers

Which of the following analytical techniques is designed to output the best decision?

navik [9.2K]

Answer:

Prescriptive analytics

Explanation:

Prescriptive Analytics refers to the data analytics field that specializes on determining the best approach in a situation, based on the data accessible. It is linked towards both descriptive analytics as well as predictive analytics yet highlights valuable insights rather than data analysis.

Prescriptive analytics collects information with its systems from either a range of descriptive or predictive databases and relates it to the choice-making process. It involves mixing existing conditions with alternative actions to evaluate how well the outcome would be influenced by each.

It can also assess the effects of judgment, based on various potential future situations. The discipline draws inspiration from applied mathematics, using a number of statistical techniques to construct and re-create potential judgment trends that could have different effects on an entity.

6 0

3 years ago

On January 1 of this year, Ikuta Company issued a bond with a face value of $100,000 and a coupon rate of 5 percent. The bond ma

LuckyWell [14K]

Answer:

Sry iddk the answer sryyyyyy

7 0

3 years ago

QUESTION 8 of 10: You have decided to pursue a career in nursing. You are willing to relocate based on salary differences. The s

Shalnov [3]

The mean of salary for these options is $30.76

5 0

3 years ago

No entries shall be allowed for district meets which are not submitted to the director on or before the ____ day before the firs

allochka39001 [22]

No entries shall be allowed for district meets which are not submitted to the director on or before the fifth day before the first day of the meet.

<h3><u>What is the role of a director?</u></h3>

An organization's directors play a crucial role in governance on behalf of its shareholders or members.
The legal obligations that each Director must uphold during their tenure are outlined in various pieces of legislation. However, Directors are also held personally responsible for exceeding 700 more laws and legal standards.
Each director must acknowledge and support the following standards of conduct:
To accept personal accountability for contributing objectively and without regard to one's own interests to the Board's choices.
To proactively seek out sufficient knowledge about the organization's operations.
To constructively contribute to the formulation of pertinent organizational policies.
To give the organization's long-term strategies solid support.

In order to encourage good governance and guarantee that each director acts in the interests of the company's stakeholders, the legally based director duties were created.

Know more about Directors with the help of the given link:

brainly.com/question/14279294

#SPJ4

8 0

2 years ago