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marishachu [46]
3 years ago
9

Select the correct answer. What is the consumer's ability and desire to buy goods and services called? A. supply B. demand C. eq

uilibrium
Business
1 answer:
Debora [2.8K]3 years ago
4 0

The correct answer is B, Demand.

Demand is the consumers' ability and desire to buy good and services.

Demand is the consumer's willingness to buy good or service by paying money for that. When people want to buy something by paying for it, it means they are demanding that product or service.

It is the basic concept in economics that when demand for a product or service increases, the price of that products also increases. Similarly, when demand of a product or service decreases, the price of that product or service also decreases.

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What is a computer network?
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Answer:

A.)

Explanation:

two or more connected computers

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2 years ago
Select the correct text in the passage.
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Answer:   I heard its the second option, I cannot verify that. But i do have the awnsers to every question for the final in Entrepreneruship, Its on quizlet labeled Entrepreneurship. 37 terms.

Explanation:

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Taylor needs a natural resources in his venture to make his enterprise possible. Which of the following isn't considered a capit
Rina8888 [55]

<u>Answer:</u>

<em>The factors of production typically include land, labor, capital, entrepreneurship, and the state of technological progress.</em>

<u>Explanation:</u>

In economics, capital typically refers to money. But money is not a factor of production because it is not directly involved in producing a good or service.

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8 0
2 years ago
Multiple Choice Question 121 The following information pertains to Ortiz Company. Assume that all balance sheet amounts represen
olasank [31]

Answer:

Inventory TO 5.5

This means Ortiz sales his inventory 5.5 times per year.

Explanation:

Inventory turnover for Ortiz

\frac{COGS}{Average Inventory} = $Inventory Turnover

​where:

$$Average Inventory=(Beginning Inventory + Ending Inventory)/2

COGS:     66,000

In this case the average inventory is provided already: 12,000

\frac{66000}{12000} = $Inventory Turnover

Inventory TO 5.5

This means Ortiz sales his inventory 5.5 times per year.

5 0
2 years ago
A bond is issued at a discount when a​ bond's stated interest rate is​ ________. A. more than the effective interest rate B. equ
kiruha [24]

Answer: C. Less than Market Interest rate

Explanation: When the interest rate on a bonds issued by an organization is lesser than the prevailing interest rate being offered in the market at a certain time on Bank deposits, loans or other interest bearing funds, organization tends to issue discounts on bonds in scenarios like this and as such bonds are being issued or traded at prices lower or below it's face value in other to encourage investors and bridge the interest gap between the bond rate and the market rate.

8 0
2 years ago
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