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
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.

You might be interested in
When marketers _____, they take into account the fact that customers are different, customers change, competitors change and rea
butalik [34]

Answer:enter into the strategic marketing process

Explanation:

4 0
2 years ago
Midyear on July 31st, the Digby Corporation's balance sheet reported: Total Assets of $210.761 million Total Common Stock of $6.
xeze [42]

Answer:

the  Digby Corporation's total liabilities is $156.92 million

Explanation:

The computation of the total liabilities is given below:

Total Liabilities is

= Total Asset - (Total Common Stock + Retained Earnings)

= $210.761 - ($6.350 + $47.491)

= $210.761 - $6.350 - $47.491

= $156.92 million

Hence, the  Digby Corporation's total liabilities is $156.92 million

The same should be relevant

5 0
3 years ago
Which ONE of the following is NOT a characteristic of equity financing? Group of answer choices A right to share in the profits
blsea [12.9K]

Answer:

A right to force the business into bankruptcy if dividends are not paid.

Explanation:

These are the characteristics of Equity Financing:

-Maturity. Equity funding does not need to be repaid.

-Claim on income. At management´s discretion and if the company is profitable, shareholders may receive dividends after creditors have been paid.

-Claim on assets. Shareholders have claims only after the firm satisfies claims of lenders.

-Influence over management. As owner of the company, shareholders can vote on some aspects of corporate operations, although in practice only large shareholders have much influence. Private equity holders can have considerable influence.

4 0
3 years ago
An increase in revenues increases net income, and net income increases stockholders’ equity. True or false?.
Mandarinka [93]
The answer is True, An increase in revenues increases net income, and net income increases stockholders' equity
8 0
1 year ago
If Jacques's Fire Engines were a competitive firm instead and $80,000 were the market price for an engine, decreasing its price
Anna35 [415]

Answer:

The correct answer is:

false (b)

Explanation:

Reduction in the price of a good or service in a competitive market leads to an increase in quantity demanded, which in turn leads to an increase in the production quantity, to cater for the increase in the volume of demand. Hence the reduction in the price of Jacques's fire engines will increase demand and in effect increase the production quantity. With respect to the total revenue, depending on the extent of demand increase, the total revenue might increase or even decrease. If the total demand exceeds the previous demand to make up for the reduction in price, the total revenue will increase, if not so, the total revenue will decrease.  

3 0
3 years ago
Other questions:
  • Ritchie Manufacturing Company makes a product that it sells for $150 per unit. The company incurs variable manufacturing costs o
    12·1 answer
  • Brittany sold her stock (the basis of $60,000) to her brother, Ridge, for $35,000, the fair market value. Her brother subsequent
    13·1 answer
  • The record of all economic transactions between the residents of a country and the rest of the world is called​ ________.
    8·1 answer
  • What's the best definition of financial literacy? A. The ability to find, evaluate, utilize, share, and create financial content
    15·1 answer
  • Various financial data for Year 1 and Year 2 follow. Calculate the total productivity measure and the partial productivity measu
    11·1 answer
  • A region is in the middle of a very cold and snowy winter. As a result, hot chocolate has become more desirable, and many of the
    12·1 answer
  • What is implication for the Government in the tax policy ?
    12·2 answers
  • Novak Corp. has 6000 shares of 5%, $100 par value, cumulative preferred stock and 12000 shares of $1 par value common stock outs
    5·1 answer
  • In a market economy, who makes the decisions that guide most economic activity?.
    8·1 answer
  • Labor rates have risen over time to the point that Antonio's Pasta is considering _____ to reduce costs.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!