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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

You might be interested in

Invertebrates have a (an) ____ which provides a support framework.

andrew11 [14]

Invertebrates is the largest group in the animal kingdom. 97 percent of all animals are invertebrates. Their main characteristic is that they do not have backbones.
Invertebrates have an exoskeleton which provides a support framework.Exoskeleton is an external anatomical feature that supports and protects the animal's body.

8 0

3 years ago

The following are the current? month's balances for ABC Financial? Services, Inc. before preparing the trial balance. Accounts P

ale4655 [162]

Answer:

B. $ 23 comma 000 $23,000

Explanation:

Following equation to calculate the common stock Value

Total Debit = Total Credit

40,500 = $17,500 + Common stock value

Common stock value = $40,500 - $17,500 = $23,000

Accounts with Credit balances

Accounts Payable $7,000

Revenue $6,000

Common Stock ?

Notes Payable $4,500

Total Debit balances $17,500

Accounts with Debit balances

Cash $3,000

Expenses $16,500

Furniture $10,000

Accounts Receivable $11,000

Total Debit balances 40,500

6 0

3 years ago

Place the following obligations as a corporation (as identified by Archie B. Carroll) in order, starting with the highest-level

BabaBlast [244]

Explanation:

1. Being a good global corporate citizen

2. Being ethical in its practices

3. Obeying the law

4. Making a profit

According to Archie B. Carroll,

The first one is Being a good global corporate citizen: How a good citizen is important for the country, being a good global corporate citizen is equally important for the corporate world.

The second one is the ethical practices: This is very closely related to citizenship. There are some professional ethics to be maintained for a corporate world to grow.

The third is obeying the law: Definitely, employees have to adhere to the rules of the organization which is an important aspect for the growth of the organization and to the corporate world.

The last is making a profit: The final part is profit. According to my personal opinion if all the above are followed, profit will reach the organization.

3 0

3 years ago

Assume that you have a three-year-old daughter and you have come to appreciate the power of saving and investing. Can you open u

aliya0001 [1]

Answer:

No.

You cannot open up and put money into a Roth IRA in your child's name.

Explanation:

The IRS allows that any child, regardless of age, can contribute to an IRA if they have earned income. This means that only a child that has earned income can have an IRA opened for him or her. As the child is still underage, the IRA must be set up as a custodial account by the parent or another adult. This implies that the child cannot operate the account during the period she is underage but can have money saved in the account from her earned income.

4 0

3 years ago

The petty cash fund of $200 for Tomkins Company appeared as follows on December 31, 2014

Ilya [14]

Answer:

Explanation:

Petty Cash (200-50.6) Dr.$149.4

Cash Cr.$149.4

Freight In Dr. $58.4

Postage Dr.$40

Balloons Expense Dr.$20

Meals Expense Dr.$25

Cash Cr.$143.4

2. Petty Cash Dr.$50

Bank/Cash Cr.$50

8 0

3 years ago