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muminat
3 years ago
8

What are two different ways in which we usually express information about the demand for a good service or resource?

Business
1 answer:
Sauron [17]3 years ago
4 0

The two different ways in which we usually express information about the demand for a good service or resource are the demand schedule is equal to the demand curve.

Explanation:

Demand refers to a consumer's appetite and willingness to buy products and services and to pay the price for a particular good or service. Keeping all the other variables steady will decrease the amount required by increasing the price of a good or service and vice versa.

Usage means the potential of consumers to buy goods and services at certain prices.

It can be either market demand for a particular commodity or aggregate demand for all products in such an economy.

Demand decides, in conjunction with supply, the actual cost and the quantity of goods which increase in value on the market.

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Answer:

The correct answer is C

Explanation:

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3 years ago
JT Inc. produces gourmet frozen dinners for the airline industry. JT has fixed costs of $200,000 and variable costs of $8 per fr
nadezda [96]

Answer:

The operating profit for this year amounts to $ 550,000

Explanation:

Operating Profit is computed below as:

Operating Profit = Revenue - Expense (Fixed Cost + Variable Cost)

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Revenue = Number of frozen dinners × Selling Price

               = 150,000 × $13

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Variable Cost = Number of frozen dinners × Cost per frozen dinner

                       = 150,000 ×  $8

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