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3 years ago

What is the difference between supply and quantity supplied?

1 answer:

5 0

Supply is the amount of goods and services that sellers will sell at a different price over a given period of time while is the quantity of a commodity that producers are willing to sell at a particular price at a particular point of time.

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purchased goods for Rs 10000 and paid Rs 4000 in cash. The balance amount is paid through cheque after receiving discount Rs 500

Vsevolod [243]

purchased goods for Rs 10000 and paid Rs 4000 in cash. The balance amount is paid through cheque after receiving discount Rs 500.

Total balance is 500

In economics, a good is anything that satisfies a person's needs and provides utility, such to a customer buying a satisfying product. Services that cannot be transferred and transferable products are two categories that are frequently distinguished. When a good is helpful to people but is in short supply compared to demand, it is said to be a "economic good" and requires human effort to attain. Free things, on the other hand, like air, are always available and don't require any deliberate effort to obtain. Private goods include anything a person owns or uses on a regular basis that is unrelated to food, such as televisions, living room furnishings, wallets, cell phones, etc.

A consumer good, often known as a "ultimate good,"

Learn more about good here

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8 0

2 years ago

McLeod Inc. is considering an investment that has an expected return of 8% and a standard deviation of 10%. What is the investme

Rudik [331]

Answer:

the investment's coefficient of variation is 1.25.

Explanation:

The coefficient of variation relates the units of return to the units of risk. It expresses the unit of risk per 1% of return as follows :

Coefficient of Variation = Standard Deviation ÷ Return

Therefore,

Coefficient of Variation = 10 ÷ 8

= 1.25

7 0

3 years ago

POINTS!!!!!!!!!!!!!! BRAINLIEST AND 20+ POINTS!!!

bekas [8.4K]

Answer:

Explanation:

I think you've already figured this out for yourself, but I thought I'd answer anyway and maybe clarify some things.

Supply is the total amount of a good or service that is available to consumers.

Think about it: goods are physical things bought and sold, like apples. Services are actions done for another person, like taxi driving or renting a used car.
None of the other answers make sense: a "device" is not a strictly defined term in economics; an "industry" can't be available to consumers, and a "warranty" isn't applicable.

4 0

3 years ago

Read 2 more answers

Baxter Inc. owns 90 percent of Wisconsin Inc. and 20 percent of Cleveland Company.

dexar [7]

Answer:

$350,380

Explanation:

Calculation to determine the amount that would appear on the consolidated income

Consolidated income statement.

Sales$1,590,000

($1,000,000+$450,000+$280,000-$100,000-$40,000)

Less :Cost of goods sold ($1,015,000)

($670,000+$280,000+$190,000-$100,000-$25,000)

Less :Expenses ($200,000)

($110,000+$60,000+$30,000)

Dividend income$0

Consolidated net income $375,000

Noncontrolling interests in subsidiaries' income $24,620

Controlling interest in consolidated net income $350,380

Therefore the amount that would appear on the consolidated income will be $350,380

8 0

3 years ago

Time Value of Money: Basics Using the equations and tables in Appendix 25A this chapter, determine the answers to each of the fo

kow [346]

Answer:

Present value (PV) = $3,000

Interest rate (r) = 6% = 0.06

Number of years (n) = 2 years

Future value (FV) = ?

FV = PV(1 + r)n

FV = $3,000(1 + 0.06)2

FV = $3,000(1.06)2

FV= $3,000 x 1.1236

FV = $3.370.80

Explanation:

In this case, there is need to compound the present value for 2 years at 6% interest per annum. The formula to be applied is the formula for future value of a lump sum (single investment).

6 0

3 years ago