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
Helga [31]
2 years ago
11

explain how the price consumers pay for a good is influenced by the price of the resources that go into making it

Business
1 answer:
Reika [66]2 years ago
4 0

Answer:

Here's an example

I sell bead bracelets for $5.00. The chord I use to make them is $2.50 for 5 feet. Each bracelet needs 1/4 of a foot of chord. That is $0.13 worth of chord per bracelet. The beads I use are 30 beads for $1.00. I use 5 beads in each bracelet. That is $0.17 worth of beads per bracelet. The total price of the materials per bracelet is 30 cents. Let's say It takes me 10 minutes to make a single bracelet. If I sell the bracelet at 30 cents, I would no have made a profit and would instead lose 10 minutes of my time. If I sell it for anything less, I would be losing money and time. If I want to make a profit, I need to add the money I want to make plus the cost of resources. Therefore, if I want to make a profit of $4.70, I must sell the bracelets for $5.00.

You might be interested in
Northern university wants to determine the average starting salary for last year's graduates of its college of business. what is
kkurt [141]

All of Northern's College of Business graduates from the previous academic year has begun employment.

<h3><u>What is employment?</u></h3>

Employment is a partnership between two people that controls the delivery of compensated labor services. In most cases, based on a contract, one party, the employer, which could be a business, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in exchange for completing prescribed tasks.

Depending on the type of work performed, the industry circumstances in force, and the parties' ability to negotiate, money for labor is received in the form of an annual salary, piecework compensation, or an hourly wage. In some industries, employees may get stock options, bonuses, or gratuities.

Employees may earn benefits in addition to compensation in some jobs. Benefits may include housing, health insurance, and disability insurance. Usually, organizations, legislation, or contracts govern employment.

Learn more about employment with the help of the given link:

brainly.com/question/14312389

#SPJ4

6 0
1 year ago
Why would a large publically traded corporation likely prefer issuing bonds as a way to raise new money as opposed to issuing mo
Setler79 [48]

Answer:

B. more shares will dilute the existing value of the stock, causing its market price to fall

Explanation:

A bond can be defined as a debt or fixed investment security, in which a bondholder (creditor or investor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time.

Generally, the bond issuer is expected to return the principal at maturity with an agreed upon interest to the bondholder, which is payable at fixed intervals.

The reason a large publicly traded corporation would likely prefer issuing bonds as a way to raise new money as opposed to issuing more shares is because more shares will dilute the existing value of the stock, causing its market price to fall and may negatively affect by reducing the value and proportional ownership of the investor's shares in the corporation.

8 0
2 years ago
The receptionist at the information desk of a hospital represents the ______ to the service operation system.
vagabundo [1.1K]
The answer is information as the receptionist are the ones responsible for directing people and having to give out informations in regards of what they don't know and what they should do in the hospital. And it represents as a service operation system.
4 0
3 years ago
On June 1, 2021, Dirty Harry Co. borrowed cash by issuing a 6-month noninterest-bearing note with a maturity value of $420,000 a
Inessa [10]

Answer:

$413,000

Explanation:

Calculation to determine the carrying value of the note as of September 30, 2021

Carrying value=[$420,000 - ($420,000 .010*6/12)]+ [($420,000 .010*6/12)*4/6]

Carrying value=[$420,000-$21,000]+ ($21,000*4/6)

Carrying value=[$420,000-$21,000]+ $14,000

Carrying value=$399,000+ 14,000

Carrying value=$413,000

Therefore the carrying value of the note as of September 30, 2021 is $413,000

4 0
3 years ago
Read 2 more answers
For more than a century, Americans moved from rural to metropolitan areas. Then in the 1950s, Americans made a mass exit from th
Charra [1.4K]

Answer:

economic dimension

Explanation:

Based on the information provided within the question it seems that this trend affects the location of many businesses and is part of the economic dimension in which they operate. This can be said because economic dimension refers to all the economic outputs that occur because of a certain event. In this scenario the back and forth of people moving to or from the suburbs causes business to either increase or decrease in value because of the amount of people that are around to buy from their stores. Therefore it greatly affects the businesses economy.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0
3 years ago
Other questions:
  • Saskatchewan Forestry Company purchased a timber tract for $225,000 and estimates that it will be depleted evenly over its 10-ye
    15·1 answer
  • In a certain economy, the components of planned spending are given by:
    9·1 answer
  • Pittsboro Corporation produces and sells a single product. Data for that product​ are: Sales price per unit Variable cost per un
    6·1 answer
  • Which photo Grapher is famous for his or her work at Yosemite national park?
    11·2 answers
  • On January 1, Bargain Company's Valuation Allowance for Trading Investments account had a debit balance of $18,500. On December
    7·1 answer
  • The BEST example of a company resource is
    8·1 answer
  • On the crossover chart where the costs of two or more location alternatives have been plotted, the quantity at which two cost cu
    13·1 answer
  • An example of technological change is A. a firm rearranging the layout of a retail store to increase salesthe layout of a retail
    5·1 answer
  • QUESTION 15 One of the benefits of downsizing is: higher customer satisfaction. improved efficiency. a more loyal and productive
    11·1 answer
  • What are the factors that determine whether to use paid employees, temporary employees or volunteers for different functions of
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!