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LekaFEV [45]
3 years ago
13

What refers to the quantity of goods and services that consumers are willing to buy at a given price? refers to the quantity of

goods and services that consumers are willing to buy at a given price.
Business
2 answers:
yaroslaw [1]3 years ago
5 0

Answer:

Refers to demand.

Explanation:

This concept “quantity of goods and services that consumers are willing to buy at a given price” refers to the concept of demand. Demand concerns the goods and services that consumers want to consume at a set price.

Gelneren [198K]3 years ago
4 0

quanity demand hope it helps

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Answer:

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The cost of good sold = Cost per unit × Quantity sold

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This can be confirmed as follows:

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opening inventory                                     80,000

Production(see note below)                    <u> 340,000</u>

Available or sale                                       420,000

Closing inventory                                    <u>(120,000)</u>

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Cost of units sold = 300,000 × $30 = $9,000,000

Note :

Production budget = sales budget + closing inventory - opening inventory

= 300,000 + 120,000 - 80,000 = 340,000 units

                               

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