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Stolb23 [73]
3 years ago
7

According to the law of supply, price and quantity move

Business
1 answer:
gayaneshka [121]3 years ago
6 0

Answer:

along a track in the same direction.

Explanation:

According to the law of supply, the price of the goods increases with an increase in the quantity of the goods supplied. Similarly, the price of the goods decreases with a decrease in the quantity of the goods supplied. This means that the price and quantity are directly proportional to each other. The price and quantity will move along a track in the same direction respectively.

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Your company’s human resource manager is away from the office serving in the National Guard, and you have four open positions to
Papessa [141]

Answer: An assessment center

Explanation:

The tests that should be chosen to determine how applicants handle complex situations that mimic events they would encounter on the job is the assessment center.

An assessment centre is used by different organizations so as to know how suitable candidates are for a particular position in the company.

The candidates perform different exercises, group work, interviews, presentation etc in order to make the employers know if they fit the role.

7 0
3 years ago
Q 8.31: The financial statements of Baker Company report net sales of $500,000 and accounts receivable of $10,000 and $15,000 at
Alex777 [14]

Answer:

The average collection period for accounts receivable in 9. 1 or 9 days

Explanation:

The average collection period for accounts receivable in days is computed as using the formula:

Average collection period for accounts receivable = 365 / Accounts Receivable Turnover Ratio

Computing Accounts Receivable Turnover Ratio as:

Accounts Receivable Turnover Ratio = Net Sales / Average Net Accounts Receivable

where

Net sales is $500,000

Average Net Accounts Receivable is as:

Average Net Accounts Receivable = Beginning Accounts Receivable + Ending Accounts Receivable / 2

= $10,000 + $15,000 / 2

= $25,000 / 2

= $12,500

Putting the values above:

= 500,000/12,500

Accounts Receivable Turnover Ratio = 40

Now, putting the values above in the formula of Average collection period of Accounts Receivable:

= 365 / 40

Average collection period of Accounts Receivable = 9.1 days or 9 days

3 0
4 years ago
What is an example of a critical tool most small businesses would use for marketing?
Tcecarenko [31]

Answer:

a company website

Explanation:

this is so they can post it everywhere and people use this a lot for small businesses and big companies.

7 0
3 years ago
Goods are physical items produced in an economy, such as computers, phones, and lawn mowers,
blagie [28]

Answer:

Not 100% sure what the question is but this is a true statement :)

4 0
4 years ago
Shipment is an example of an: a. economic event b. economic resource c. economic agent d. economic exchange e. economic agreemen
krek1111 [17]

Answer:

c. economic agent

Explanation:

The act of transporting the goods another parties traded makes for an economic agent as it is hired to facilitate trade betwene parties.

If there wasn't shipment available worldtrade would drop substancially therefore, we should always look for moreways to develop trade and that is, to add as many agents as possible to help with thr transactions.

5 0
3 years ago
Read 2 more answers
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