All categories

3 years ago

A supply curve shows quantities supplied at various prices. It also shows the

Business

1 answer:

Annette [7]3 years ago

3 0

Answer: Producer surplus, which is equal to the slope of the supply curve.

Explanation: The producer surplus is represented as the upper portion of the supply curve below the equilibrium price. It is the difference between the amount a producer is willing to sell a given commodity to the actual market price the good was sold at.

The extra benefit which the producer makes as profit when the market price at which the goods was sold at is greater than the amount the producer was willing to sell his goods.

You might be interested in

(True) or (False)? The gain or loss on the sale of an asset can be calculated as the difference between sale price and accumulat

AnnZ [28]

Answer:

False

Explanation:

Rather, gain or loss on the sale of an asset can be calculated as the difference between sale price and net book value (NBV).

The net book value can be calculated by accumulated depreciation from the purcahse price of the assets.

Therefore, gain or loss on the sale of an asset can be calculated using the following fomula:

Gain (loss) on the sale of an asset = Sales price - Net book value

5 0

4 years ago

Teton Trails manufactures backpacks for adventurers. The backpacks come in two types: Daytripper, and Excursion. Teton anticipat

Kitty [74]

Answer:

Indirect labor= 550 hours

Explanation:

Giving the following information:

Daytripper: 2,200 backpacks in August

Excursion: 900 backpacks in August

Each Daytripper backpack requires 1 hour of direct labor and each Excursion backpack requires 2.5 hours of direct labor.

First, we need to calculate direct labor:

Direct labor= 2,200*1 + 900*2.5= 4,450

Now, indirect labor:

Indirect labor= total labor hours - direct hours

Indirect labor= 5,000 - 4,450

Indirect labor= 550 hours

8 0

3 years ago

How does the author best reveal that Iqbal is courageous? by describing actions such as “worked better and faster” by describing

Setler79 [48]

Answer:

Iqbal is courageous by describing actions such as: “seemed to look each of us in the eye

7 0

3 years ago

Read 2 more answers

Environment degradation does not consist of

Naya [18.7K]

Answer: None of the above

Explanation:

The options include:

A. Land degradation and soil erosion

(B) Problem of overgrazing and ecological degradation

(D) None of the above

Environmental degradation simply refers to the deterioration of the environment whcih occurs when there's depletion of the resources like soil, water and air, pollution and the the destruction of habitats and ecosystems.

It should be noted that environmental degradation consist of land degradation and soil erosion, problem of overgrazing and ecological degradation, floods etc.

Therefore, the correct option is None of the above.

5 0

3 years ago

In this situation, the male employees are individual members of an organization that are engaged in a conflict because of their

N76 [4]

Answer:

Interpersonal

Explanation:

When a conflict arises between individual members of an organization owing to differences in goals and values, such a conflict is referred to as interpersonal conflict.

As the word interpersonal suggests, inter i.e between and personal i.e person to person conflict, interpersonal conflict arises when the goals and values of individuals differ owing to which disagreements arise.

Goals and values may differ owing to several factors. Individual values are an outcome of an individuals own conscience and judgement apart from the society, an individual belongs to.

Such a situation is undesirable as it disrupts the coordination among employees and at the same time creates an atmosphere which is non conducive.

8 0

4 years ago