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diamong [38]
3 years ago
10

How does supply and demand inform the choices of consumers and business owners?

Business
1 answer:
Kipish [7]3 years ago
6 0
<span>In the sale of goods and services, price is determined by the interaction between supply and demand. In a graph, the point where the supply curve and demand curve intersect is called the equilibrium point. This point corresponds to the equilibrium price, the one a business should seek to charge. If suppliers charge a price higher than equilibrium a surplus will result. If they charge less a shortage will result</span>
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some nations make manufacturers responsible for reducing e-waste. companies must recover used and discarded electronic equipment
Anon25 [30]

It is a very good idea if a nations make manufacturers responsible for reducing e-waste, companies must recover used and discarded electronic equipment that they sell to customers.

<h3>What is e-waste?</h3>

Electronic items that are nearing the end of their "useful life" are sometimes referred to as "e-waste." Common electronic products include computers, televisions, VCRs, stereos, copiers, and fax machines. Numerous of these items can be recycled, repaired, or reused. Electronic garbage, sometimes known as e-waste, refers to outdated electrical or electronic equipment. E-waste includes used electronics that are intended for recycling through material recovery, refurbishment, reuse, resale, or disposal. Because the parts used to build gadgets like laptops, cell phones, and televisions include metals and compounds known to be harmful to human health, e-waste is dangerous. Children frequently work, reside, and play in or close to e-waste recycling facilities, making them particularly susceptible to the effects of e-waste.

To learn more about e-waste click,

brainly.com/question/15549433

#SPJ4

7 0
1 year ago
When herbert took a new position at galbrook manufacturing company, the firm was near insolvency. one of herbert’s first acts wa
Anon25 [30]
<span>The answer for the above question is managerial. When Herbert took a new position at Galbrook Manufacturing Company, the firm was near insolvency. One of Herbert's first acts was to establish specific goals for sales growth and a strategy for achieving them. He also changed the organizational structure and developed an elaborate control system for keeping the company on track. Herbert is functioning in a(n) managerial position at Galbrook Manufacturing.</span>
3 0
3 years ago
The following accounts were taken from the Adjusted Trial Balance columns of the work sheet: Accumulated Depreciation $3,200 Fee
koban [17]

Answer:

$12,100

Explanation:

Data provided;

Accumulated Depreciation = $3,200

Fees Earned = $17,400

Depreciation expense = $1,300

Insurance Expense = $200

Prepaid Insurance = $4,800

Supplies = $900

Supplies Expense = $3,800

Now,

The Net income

= Fees Earned - Depreciation Expense - Insurance Expense - Supplies Expense

= $17,400 - $1,300 - $200 - $3,800

= $12,100

5 0
4 years ago
Beck Company has inventory of​ $725,000 in its stores as of December 31. It also has two shipments in transit that left the​ sup
FrozenT [24]

Answer:

Total Inventory            $899,000

Explanation:

Inventory at hand            $725,000

Inventory in transit     $102,000

Inventory in consignation   $72,000

Total Inventory            $899,000

<u>Notice:</u>

<em> The first cargo </em>is under term FOB destination, which means the goods are still property of the seller, so are not part of Beck company's yet.

<em>While the second cargo</em> is fob shipping point, Beck assume possesion of the gods as soon as they enter the dock.

3 0
4 years ago
A firm spends a great deal of money in advertising to inform consumers of the brand name of its mushrooms. Should consumers conc
djyliett [7]

Answer: B. Yes. Branding allows the mushrooms to be easily identified in the future. ​ Thus, if they were of inferior​ quality, the company would lose customers and go out of business over time.

Explanation:

Branding is a way of making sure that your product is easily identifiable over other products.

When a company brands it's goods, they are trying to create Brand Awareness and this usually happens when a company plans to stay in a business for a while and indeed with the way the Firm is spending a lot of money on Advertising, one can surmise that they do indeed plan to stay in the business because they have spent a lot.

It would therefore make little to no sense on their part to spend such huge amounts of money to build their brand if their products will be of low quality. The mushrooms have to be of high quality so that people may associate their brand with High Quality.

7 0
3 years ago
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