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
oksano4ka [1.4K]
3 years ago
9

How does the law of supply and demand operate?

Business
1 answer:
Orlov [11]3 years ago
8 0
When supplies of goods and service are plentiful, the prices usually drop but when they are scarce, prices start rising.
You might be interested in
Globalization has led to: Group of answer choices lower operational efficiency, as firms must transport raw materials and finish
jekas [21]

Answer: Option D

Explanation: Globalization refers to the free interaction among different countries of the world. Globalization results in free transfer of resources and technology around the world.

Due to globalization  a consumer of India can enjoy a product or service provided by a supplier of america. Thus, the competition increases to its best because off globalization. Therefore, the consumers are willing to purchase the best product in the market. resulting in increase in quality and decrease in cost.

Hence from the above we can conclude that the correct option is D.

4 0
3 years ago
Alo Company produces commercial printers. One is the regular model, a basic model that is designed to copy and print in black an
Nataly [62]

1. The break-even points in sales units are computed as follows:

Break-even point (in units) = Direct fixed cost/contribution margin per unit

Regular model = 20,000 units ($1,200,000/$60)

Deluxe model = 3,529 units ($960,000/$272)

2. The Alo Company's Sales revenue to break-even, company-wide, is computed as follows:

<u>Sales Revenue at break-even point:</u>

= Fixed costs/Contribution margin ratio

= $3,660,800/40%

= $9,152,000

Data and Calculations:

                                         Regular Model   Deluxe Model           Total

Expected sales quantity             90,000               18,000             108,000

Sales                                    $13,500,000     $12,240,000     $25,740,000

Less: Variable costs               8,100,000         7,344,000        15,444,000

Contribution margin           $5,400,000       $4,896,000     $10,296,000

Less: Direct fixed costs         1,200,000            960,000         2,160,000

Segment margin                $4,200,000       $3,936,000       $8,136,000

Less:Common fixed costs                                                         1,500,800

Operating income                                                                  $6,635,200

Selling price per unit                  $150                   $680 ($12,240,000/18,000)

Variable costs per unit                $90                   $408 ($7,344,000/18,000)

Contribution margin                    $60                   $272 ($680 - $408)

Contribution margin ratio for the company = 40% ($10,296,000/$25,740,000 x 100)

Company total fixed costs = $3,660,800 ($2,160,000 + $1,500,800)

Learn more: brainly.com/question/17173792

5 0
3 years ago
How your organization starts its risk mitigation process depends entirely on the type of organization you are working in.
dezoksy [38]

Answer: False

Explanation:

Risk mitigation simply has to do with the strike that are taken by an economic agent such as an individual, firm or the government in order to prevent risk and reduce it to its minimal level.

It should be noted that risk mitigation is identical for every organization as the same process is being followed. Therefore, the question is false.

6 0
3 years ago
Bronn tells Jaime, "I really like your armor." Jaime responds, "I will sell it to you for $800." Bronn states, "Sure, and throw
Genrish500 [490]

Answer:

B. price subject

Explanation:

For this contract to be enforceable, it must include price, matter and delivery date. These aspects are all best essential and should be included in the contract. From the question when Jaime wrote the contract he failed to detail the price they agreed upon. Even though the rest were included. Therefore this contract cannot be enforced since it is missing this important aspect. Option b is the answer to the question

5 0
3 years ago
Many consumers buy soft drinks and potato chips together when they shop at a grocery, convenience, or mass merchandiser store. B
Molodets [167]

Answer:

Data mining

Explanation:

Data mining is the process in which we can extract the raw data into useful data that would become beneficial for the company.

Large data is available and if we take the data i.e important or useful so this process we called data mining

In the given situation, it is discovered that when the consumers purchased a sandwich so many customers purchased toothpaste along with it. And for extracting the hiding information from its MIS the store used the data mining technique.

8 0
4 years ago
Other questions:
  • Match the vocabulary words to their definitions.
    7·1 answer
  • Using a budget is a good way to what?​
    10·2 answers
  • Uestion 5 a producer for a cable news show is feeling insecure. she complains to her boss that she isn't very smart and that she
    10·1 answer
  • If a profit-maximizing, competitive firm is producing a quantity at which marginal cost is between average variable cost and ave
    14·1 answer
  • If an investor put away $3000 at age 23 rather than age 31, how much more money would he or she have at age 63, assuming a 9 per
    7·1 answer
  • The printer ran out of preprinted sales invoice forms and several sales invoices were not printed. The best internal control to
    14·1 answer
  • A planning budget based on a single predicted amount of sales or production volume is called a:
    10·1 answer
  • The cost of direct materials transferred into the Filling Department of Eve Cosmetics Company is $91,050. The conversion cost fo
    8·1 answer
  • Valet Corporation began operations in 2021. An analysis of Valet's debt securities portfolio acquired in 2021 shows the followin
    7·1 answer
  • As a manager seeks to develop her leadership skills, she should be aware that:______.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!