1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Kisachek [45]
2 years ago
7

What happens when the price of a good increases

Business
1 answer:
swat322 years ago
3 0

Answer:

the value of good increases (goes up)

You might be interested in
What are the advantages to shared decision-making
Dahasolnce [82]

Answer:. When patients participate in decision making and understand what they need to do, they are more likely to follow through.

Explanation:

4 0
3 years ago
Goodwill represents the excess of the implied value of an acquired company over the
Paul [167]

Answer: Option A

                                           

Explanation: In simple words, goodwill refers to the additional value that an organisation have from its identifiable assets due to its operations over a period of time.

In other words, it can be defined as an intangible asset which an organisation creates over a period of time while establishing the brand image. These assets are not depreciated but are tested for impairment every year. For example brands like apple, Reebok and McDonald have high goodwill in the market which attracts customers towards them

Thus, from the above we can conclude that the correct option is A.

6 0
2 years ago
In 2016, teller company sold 3,000 units at $600 each. variable expenses were $420 per unit, and fixed expenses were $270,000. t
Anit [1.1K]
Assuming that you have the values for the year 2017, the break-even point would be 1500 units for the year 2017. To calculate this, we use the idea that at the breaking point, total sales is equal to the total cost or expenses made. Which would be:

selling (x) = fixed + variable (x)

x = fixed / (selling - variable)
x = 270000 / (600-420)
x = 1500 units
6 0
3 years ago
'As fewer people buy gym memberships, the demand for running shoes will decrease and the price of a pair of running shoes will i
olchik [2.2K]

Answer: "The rise in the price of a pair of running shoes will increase the supply of running shoes".

This statement is <u><em> false</em></u> because <em><u>a decrease in demand for running shoes does not increase the price of a pair of running shoes and an increase in the price of a pair of running shoes does not increase the supply of running shoes. </u></em>

This occurs as the price of a pair of running shoes increases,therefore decreasing the demand and thus the supply will not increase.

4 0
3 years ago
Let's say the intended audience for your historical analysis essay about the legal battle for women's suffrage is a group of civ
Leya [2.2K]

Answer:

In the event that I go to a social equality promotion gathering, I will be an expert in my view to characterize the lawful foundation of the constitution and the nineteenth amendment. I'll give the standard to add alteration to stating "as you most likely are aware" to abstain from misunderstanding with them.I additionally utilize propelled phrasing to present to legal counselors. Let me quickly outline the ladies rights development for secondary school understudies and afterward disclose how to fix it. I additionally utilize less modern words to assist understudies with dodging disarray. In the two gatherings I might want to incorporate the fix procedure in light of the fact that the introduction is proposed and regardless of whether a few gatherings definitely know data, it is a significant piece of the introducing time.

5 0
3 years ago
Other questions:
  • The study of economics on a smaller scale is called
    11·1 answer
  • A company manufactured 50,000 units of a product at a cost of $450,000. It sold 45,000 units at $15 each. The gross profit is a.
    8·1 answer
  • The economy of a country has been growing at an annual rate of 8%. Determine the cause and effects of the economic growth in thi
    9·2 answers
  • Total consumer spending on milk will a. increase, and total consumer spending on beef will decrease. b. increase, and total cons
    8·1 answer
  • Blush Bashful Cosmetics Inc. operates in 20 countries around the globe. The company clearly understands that the skin and hair t
    12·1 answer
  • Galvin grew up on a farm. He worked on his father’s farm and then inherited the business when his dad retired. For which career
    7·2 answers
  • Some economies are able to maintain high growth rates despite diminishing returns to capital by using
    14·1 answer
  • A factory machine was purchased for $216000 on January 1, 2022. It was estimated that it would have a $40000 salvage value at th
    10·1 answer
  • On January 1, Year 7, Colorado Corp. purchased a machine having an estimated useful life of 8 years and no salvage value. The ma
    9·1 answer
  • If firms are earning zero economic profits, they must be producing at an output level at which Group of answer choices price equ
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!