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
Ivenika [448]
3 years ago
8

According to the law of supply, what happens to the quantity that the suppliers create when the prices increase? According to th

e law of supply, when prices increase, the quantity that suppliers create .
Business
2 answers:
iren2701 [21]3 years ago
8 0

Answer:

According to the law of supply The quantity of production or output increases if the prices increase.

Explanation:

The correlation between prices and the quantity produced is direct this means that a positive change in one variable such as price has a positive change in the quantity.

Tems11 [23]3 years ago
3 0

Answer: The law of supply is the microeconomic law that states that, all other factors being equal, as the price of a good or service increases, the quantity of goods or services that suppliers offer will increase, and vice versa.

Explanation:

You might be interested in
Pl lumber stock is expected to return 22 percent in a booming economy, 15 percent in a normal economy, and lose 2 percent in a r
LekaFEV [45]
                    Expected rate of return           Probabilities
Booming                22%                                    5%
Normal                  15%                                   92%
Recession               2%                                     3%

The expected rate of return on this stock is solved by multiply each expected rate of return to its corresponding probability and getting the sum of all products.

Booming: 0.22 x 0.05 =  0.011
Normal:   0.15 x  0.92 = 0.138
Recession 0.02 x 0.03 =<u> 0.0006</u>
Sum total                     0.1496  or 14.96% is the expected rate of return on this stock

3 0
3 years ago
Research an example of a monopoly in the United States economy, past or present. Construct a brief explanation of the monopoly a
a_sh-v [17]
 I don't think there's anything more annoying than the ISP monopolies, specifically Comcast which has most of the US I believe. They never bother to upgrade their services only their prices and stupid cable bundle packages. I'm lucky enough to live in a large metropolitan area where a new fiber internet company just started up but before this last year there were only two ISP choices; Comcast or Century link. Suburban and rural areas typically only get one choice; expensive slow internet service from a local ISP monopoly.

8 0
3 years ago
Read 2 more answers
The following is an account for a production department, showing its costs for one month: Work in Process Inventory Beginning Ba
Keith_Richards [23]

Answer:

$2,160

Explanation:

Total costs = Beginning Balance + Direct materials + Direct labor+ Overhead

Total costs = $5,400 + $21,600 + 16,200 + $10,800

Total costs = $54,000

Total transferred out = Total costs - Ending Balance

Total transferred out = $54,000 - $4,590

Total transferred out = $49,410

BGIP transferred out = Total transferred out  - Assumed started and completed units cost

BGIP transferred out = $49,410 - $41,850

BGIP transferred out = $7,560

Cost to complete BGIP = BGIP transferred out -  Beginning Balance

Cost to complete BGIP = $7,560 - $5,400

Cost to complete BGIP = $2,160

4 0
2 years ago
Torch Industries can issue perpetual preferred stock at a price of $71.00 a share. The stock would pay a constant annual dividen
kodGreya [7K]

Answer:

the company's cost of preferred stock, rp is = 9.15%

Explanation:

step 1. Consider the following formula.

Cost of preferred stock = annual dividend / Price *100

Step 2. Set the values of the variables.

= $ 6.5/$ 71*100

step 3. Solve.

= 9.15%

Answer : 9.15 %

6 0
3 years ago
I am disabled but apparently do not qualify for ss disability. what can i do?
sergeinik [125]
Fight for your case. You must have evidence to support what your saying about your situation.
7 0
3 years ago
Other questions:
  • When the goods are sold, their costs are transferred from work in process to finished goods.
    7·1 answer
  • The growth of the drug industry in canada represents which shift in organized crime? why is this important
    13·1 answer
  • Pureform, Inc., manufactures a product that passes through two departments. Data for a recent month for the first department fol
    8·1 answer
  • A country reported nominal GDP of $200 billion in 2010 and $180 billion in 2009. It also reported a GDP deflator of 125 in 2010
    15·1 answer
  • On June 13, the board of directors of Siewert Inc. declared a 2-for-1 stock split on its 60 million, $2.00 par, common shares, t
    8·1 answer
  • Finerly Corporation sells cosmetics through a network of independent distributors. Finerly shipped cosmetics to its distributors
    5·1 answer
  • A TV manufacturing company uses speakers at the rate of 8000/mo. When it places an order for speakers it incurs a fixed cost of
    15·1 answer
  • Help please Briefly explain how technology affects promotional strategies.
    14·1 answer
  • In regression​ analysis, the coefficient of​ determination:
    15·1 answer
  • Which solutions would be appropriate for everyone in both low financial wellness groups?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!