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
Stells [14]
3 years ago
6

What is the difference between supply and quantity supplied?

Business
1 answer:
natta225 [31]3 years ago
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 <span>is the </span>quantity<span> of a commodity that producers are willing to sell at a particular price at a particular point of time. </span>
You might be interested in
William is interested in exercising more, but does not feel he has the time. Write a short response explaining how he can find t
solong [7]
Exercising doesn't mean you have to spend hours in the gym. Exercises can be done at the comforts of your home too, and there's plenty of exercise available, especially for those who have less time to do so. Just like for example, waiting time. While you are waiting for your clothes in the washing machine to finish, you may use this time to do some basic exercises such as running in place, jumping jacks or carrying weights. 
4 0
3 years ago
Cox Electric makes electronic components and has estimated the following for a new design of one of its products:
vfiekz [6]

Answer:

a) attached below

b) P( profit ) = TR(q) - TC(q)

c) attached below

d) -$5000 ( loss )

Explanation:

Given data:

Fixed Cost = $10,000

Material cost per unit = $0.15

Labor cost per unit = $0.10

Revenue per unit = $0.65

<u>a) Influence diagram to calculate profit </u>

attached below

<u>b) derive a mathematical model for calculating profit.</u>

VC = variable cost per unit , LC = per unit labor cost , MC = per unit marginal cost, TC = Total cost of manufacturing , FC = Fixed cost, q = quantity, TR = Total revenue, R = revenue per unit

VC = LC + MC

TC (q) = FC + ( VC * q )

TR (q) = R * q

P( profit ) = TR(q) - TC(q) ------------ ( 1 )

c)  attached below

<u>d) If Cox Electrics makes 12,000 units of the new product </u>

The resulting profit = -$5000

q = 12

P = TR ( q ) - TC ( q )

  = ( R * q ) - ( Fc + ( Vc * q ) )

  = ( 0.65 * 12000 ) - ( 10,000 + ( 0.25 * 12000 )

  = -$5200

3 0
3 years ago
Concepts like value and relationship marketing are important in designing a marketing program because such a program is what con
Andre45 [30]

Answer:

<em>Concepts like value and relationship marketing are important in designing a marketing program because such a program is what connects an organization to </em><em><u>it's costumer</u></em>

8 0
3 years ago
Describe at least two discretionary expenses that you expect to have at some point in your life.
Anni [7]
Definition of discretionary expenses : The cost that does not essential for your daily life operation or business

Example of discretionary expenses :
- I may buy paint to give color for my toenails
- A business hire some entertainers for its employees to gain their goodwill
7 0
3 years ago
Suppose Sally borrows $1,000 from Harry for one year and agrees to pay a nominal interest rate of 9%. When she borrows the money
Lilit [14]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Suppose Sally borrows $1,000 from Harry for one year and agrees to pay a nominal interest rate of 9%. When she borrows the money, both she and Harry expect an inflation rate of 6%. Suppose that when Sally pays back the loan after one year, the actual inflation rate turns out to be 7%.

Real rate= nominal rate - inflation rate

At the beginning of the loan, the expected real rate is:

Real rate= 9 - 6= 3%

The actual rate is:

Real rate= 9 - 7= 2%

3 0
3 years ago
Other questions:
  • To lease a new car, you must make a down payment when you sign the lease, then pay $199 per month. six months after signing his
    15·1 answer
  • A problem that the Fed faces when it attempts to control the money supply is that a. since the U.S. has a fractional-reserve ban
    10·1 answer
  • Windsor Company took a physical inventory on December 31 and determined that goods costing $191,500 were on hand. Not included i
    7·1 answer
  • How does the Federal Reserve reduce the money supply in the economy?
    12·2 answers
  • estion. 10. Leticia walks down stairs, alternating her feet. Leticia is probably _______ year(s) old. A. four B. two C. one D. t
    8·2 answers
  • Describe at least three investments you want to make with your income. Explain whether each one is an equity investment or a deb
    15·1 answer
  • 6.Which statement applies to all centrally-planned economies?
    6·1 answer
  • A.J., a 20-something college graduate, was recently hired as a financial-analyst assistant for a large company. He recalled that
    8·1 answer
  • Last year, loana's revenues totaled $121,000. This year, she anticipates a 20% increase. However, her
    10·1 answer
  • In his fourth-grade class, Mr. Gold is incorporating a play about Benjamin and Deborah Franklin into the study of the history of
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!