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Burka [1]
3 years ago
9

Which statement best explains the law of supply?

Business
2 answers:
Julli [10]3 years ago
8 0

Answer:

<h3><em>The answer is </em><u><em>A</em></u></h3>

Explanation:

The quantity supplied by producers increases as prices rise and decreases as prices fall.

oee [108]3 years ago
5 0

(P.S. - in the future you will get better help when you add the possible answer choices!)

The law of supply states that, all other things equal/consistent) an increase in price will result in an increase in supply.

This is because as the price of a product goes up and up, more and more companies will be willing to sell it. The inverse is also true.. as the price goes down, fewer companies will bother selling the item.

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The public debt surpassed GDP during the 1940s 1950s 1960s 1970s 1980s 1990s early 2000s then fell steadily, reaching its lowest
ElenaW [278]

Answer:

The public debt as a percentage of GDP in the United States, reached its lowest point in recent decades, in 2001, when it represented 54.9% of GDP.

After that year, this indicator began to increase, at first slowly, and from 2007 on very rapidly, propelled in part by the financial crisis. In 2010, the public debt as percentage of GDP was 89.3%.

6 0
3 years ago
Property rights, such as copyright law, are enforced by the legal system. explain why protecting property right is essential to
Wittaler [7]
They allow creators, or owners, of patents, trademarks or copyrighted works to benefit from their own work or investment in a creation. These rights are outlined in Article 27 of the Universal Declaration of Human Rights, which provides for the right to benefit from the protection of moral and material interests resulting from authorship of scientific, literary or artistic productions. The importance of intellectual property was first recognized in the Paris Convention for the Protection of Industrial Property (1883) and the Berne Convention for the Protection of Literary and Artistic Works (1886). Both treaties are administered by the World Intellectual Property Organization (WIPO).

so the answer would be C. because a market economy relied on the free exchange of goods and services without rules.
7 0
3 years ago
Read 2 more answers
7. Which type of business document do you think you are most likely to use often in your company? Why?
Sever21 [200]

Company bylaws for corporations. Most states require corporations to keep a written record of bylaws, although you don’t need to file the document with a state office. Bylaws define how the company will govern itself. Even if your company is incorporated in the handful of states that don’t require bylaws, they are still a good idea as they spell out your business’ structure, individual roles, and governance issues. For example, bylaws can help settle a dispute on the length of a director’s term or define if you need a simple majority to approve a decision.

7 0
3 years ago
A portfolio is invested 20 percent in Stock G, 60 percent in Stock J, and 20 percent in Stock K. The expected returns on these s
disa [49]

Answer:

The portfolio's expected return is 15%

Explanation:

The expected return of a portfolio is the sum of the weight of each asset times the expected return of each asset.

So, the expected return of the portfolio is:

E(RP) = 0.20(.09) + 0.60(.15) + 0.20(.21)

= 0.018 + 0.09 + 0.042

E(RP) = 0.15 or 15%

If we own this portfolio, we would expect to earn a return of 15 percent.

7 0
3 years ago
Suppose that an economy consists of only two individuals. Jeremy has $1830 available to spend on goods. He decides to purchase $
Effectus [21]

Answer:

A) $930

B) $930

C) See explanation

Explanation:

A) Since Jeremy spends by purchasing products from Michele, Michele earns an income. As there are no further activity, the economy's income is $930.

B) Since Jeremy spends by purchasing products from Michele, Jeremy pays money. As there are no further activity, the economy's expense is $930.

C) There is a relationship between income and expenses in an economy. That relationship is called the consumption factor. If people earn money, they tend to spend that money. In an economy, someone's income may include another person's expenditure. An example can show the relationship in a better way -

If Mary earns money by providing services, it will be her income and also the economy's income. As another person pays fees for the services, it will be the customer's expense and also the economy's expenditure.

7 0
3 years ago
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