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Vitek1552 [10]
3 years ago
12

If all other factors are equal, what will happen to the supply of a product if the price goes up? A. The supply will increase. B

. The supply will decrease. C. The demand will increase. D. The competition will decrease. Please select the best answer from the choices provided A B C D
Business
1 answer:
Vinil7 [7]3 years ago
5 0
The basic principle is that if the price of a product goes up, all other factors being equal its demand will go down and vice versa (law of demand). Since in this case the price goes up, the demand will go down. The law of supply states that hen prices rise, supply rises too (in order to make profit). There is no general model predicting whether the market will be more competitive or not. Thus, the best answer from the above is A.
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nternal control is defined as the procedures and processes used by a company to safeguard its assets. process information accura
sweet-ann [11.9K]

Internal control is defined as the procedures and processes used by a company to safeguard its assets, process information accurately and to ensure compliance with laws and regulations.

<h3>Internal control</h3>

Internal controls also include the measures a company takes to ensure its employees comply with all laws and regulations and do not steal company assets. Physical controls like door locks, area restrictions, safes and surveillance equipment are internal controls, too.

Internal controls are policies, procedures, and technical safeguards that protect an organization's assets by preventing errors and inappropriate actions. Internal controls fall into three broad categories: detective, preventative, and corrective.

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7 0
2 years ago
A company had the following cash flows for the year:
BaLLatris [955]

Answer:

$35,000 (inflow)

Explanation:

Net investing cash flows is computed as follows;

Inflow:

Issued common stock $75,000

Sold equipment 40,000

Total $115,000

Less: outflow

Purchased land $60,000

Paid dividends 20,000

Total outflow $80,000

——————

Net investing cash flows $35,000

*positive cash flows (inflow is greater than outflow) will increase the amount cash of the company

*proceeds from the bank classified as financing activity

*paid employees and sold services to customers are fall under operating activities

3 0
3 years ago
As of January 1, Year 2, Room Designs Inc. had a balance of $9,900 in Cash, $3,500 in Common Stock, and $6,400 in Retained Earni
dexar [7]

Answer:

What did the company purchase that resulted in the cash outflow from investing activities?

It purchases Land for 16,500

Explanation:

The investing activities outflow will be for the purchase of long tem assets in cash.

The complete cash outflow for investing activities is explain it through the land account:

cash outflow: 16,500

land:               16,500

There are no other long-term assets which can explain the variance plus, the land account covers the amount entirely.

6 0
3 years ago
There are nine common influence tactics you can use to affect and change others’ behaviors. Research suggests that some tactics
jasenka [17]

Answer:

1. Lorenzo wants his boss to give him a good performance review, so every single time he sees her, he pays her a compliment about her clothing, appearance, or something else superficial.

Effective influence tactics: Glad-handling

2. Nami agrees with every single thing her boss says in every single meeting.

Effective influence tactics: Be subtle

3. Ryan knows that he can get the raise he wants if he puts pressure on his supervisors. But this doesn’t feel natural to Ryan, so he decides to take an approach that is truer to who he is.

Effective influence tactics: Be authentic

4. Tia knows that introducing a new software platform at her company is going to be a source of stress for her employees who are accustomed to doing things in the old platform. Therefore, Tia elicits feedback from each employee on what they would like to see in a new platform that the current platform doesn’t offer.

Effective influence tactics: Consult rather than legitimate

5. Veronica wants her employees to volunteer at the company’s annual charity fundraiser, so she shows them some corporate footage of the people who have been helped by the fundraiser in the past.

Effective influence tactics: Rely on the core

6. Danielle feels strongly that the best way to get her boss to notice her hard work is to keep producing and doing a great job, rather than to be a kiss-up.

Effective influence tactics: Glad Handling

7. Marques wants to be a great manager and knows this involves learning to influence people effectively. He signs up for a course on power and social influence in business to hone his skills.

Effective influence tactics: Learn to influence

8. Abir is never comfortable getting coworkers to agree with him by reminding them of how good of a friend he’s been to them. But he decides to use this tactic anyway because he knows it’s more effective than some of the other tactics

Effective influence tactics: Be authentic.

9. Eric is skilled at getting people on his side by making understated comments indicating that he shares their opinions on work-related matters.

Effective influence tactics: Be subtle

10. Wasim wants to get everyone in his team on board with his suggestion, so he starts making promises to each team member about how he’ll help them out the next time they have an idea they want the group to embrace.

Effective influence tactics: Rely on the core

11. Chloe doesn’t try new tactics for influencing her peers or supervisors because she knows that if she isn’t good at a tactic now, there’s no way to get better at it.

Effective influence tactics: Learn to influence

12. Shin’s subordinates don’t like participating in team meetings. Shin reminds them that he is their boss, and if they don’t show up, he has the authority to punish them

Effective influence tactics: Consult rather than legitimate

7 0
3 years ago
Fred's Fans purchased two identical fans for resale. Fan 1 was purchased in April for $76 and Fan 2 was purchased in May for $80
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Answer:

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Explanation:

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