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3 years ago

What is the difference between the supply and the quantity supplied of a product say milk?

1 answer:

mihalych1998 [28]3 years ago

7 0

The supply, a gallon of milk, is the actual product while the quantity supplied, like 50 gallons of milk, is the number of product supplied to the customer

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Candy Company had sales of $320,000 and cost of goods sold of $112,000. What is the gross profit margin (ratio of gross profit t

Strike441 [17]

Answer:

The gross profit margin of Candy Company is 65% (second option)

Explanation:

The gross profit margin is defined as:

Mg = (sales - costs) / price of sales

If for Candy Company the cost are $112,000 and sales $320,000 then the gross profit margin is:

Mg = ($320,000- $112,000) * 100% / $320,000 =

Mg = $208,000 * 100% / $320,000 = 0.65 * 100%

Mg = 0.65 * 100%

Mg = 65%

6 0

4 years ago

Identify the true statement in each of the three modules. Identify the true statement. Deregulation can describe removing govern

Maksim231197 [3]

Answer:

Deregulation can describe either removing government control of the price of a good or the removal of government control of quantities.

Explanation:

Deregulation is the removal of government control , regulation or power in a particular sector or industry. An example of deregulation is the mail delivery. The government had a monopoly on the royal mail for many years

Deregulation can involve :

removal of government control on price
Removal of control on quantities

Advantages of deregulation

It increases the rate of innovation and competition. This increases consumer choice.
Efficiency of corporations are increased and this lowers cost

Disadvantages of deregulation

Customers are more vulnerable to high risk-taking by companies.

6 0

3 years ago

Presented below are two independent cases related to available-for-sale debt investments. Case 1 Case 2 Amortized cost $41,640 $

netineya [11]

Answer:

Case 1 = $9,420

Case 2 = 0

Explanation:

Determining the amount of impairment loss is given below:-

Case 1

Impairment loss = Amortized cost - Fair value

= $41,640 - $32,220

= $9,420

Case 2

Impairment loss = Amortized cost - Fair value

= 91,800 - $102,220

= 0

Since, the fair value is higher than Amortized cost so the value of Impairment loss in case 2 is 0.

5 0

4 years ago

Why shouldn’t i let someone else use my business name

Strike441 [17]

Hello,

Not sure if this is a school related question but i have the answer for ya (:

There are multiple reasons on why you shouldn't let another person use your business name.
1. They can make YOUR profit off of what you sell
2. It can lead to a law suit in the future
3. 2 businesses using the same name always leads to unwanted problems, finance cases, business claims, and the possibility of being sued by the other person.

Best option would be for you to make your own business name and get it trademarked so that nobody will copy you! (:

4 0

3 years ago

Please I need this now!!

Anarel [89]

Health science A B communications

3 0

2 years ago