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Darya [45]
3 years ago
14

In economics, the demand for a good refers to the amount of the good that people:

Business
1 answer:
yuradex [85]3 years ago
8 0

Answer:

b. will buy at various prices.

Explanation:

In economics, demand refers to the quantity of a product that buyers are willing and able to buy at a specific price or different prices. For demand to exist, buyers must not only be willing to purchase but must have the financial resources to buy.

Several factors, such as price, customer preferences, and market news, may influence the demand for a product. As per the law of demand, an indirect relationship exists between price and quantity demanded. An increase in price leads to a decline in demand.  Changes in prices and preferences or related goods also affect the demand for a product.

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Competition in the craft Brewing Industry in 20171. Identify the strategic issues facing craft beer brewers in 2017. What effect
Cloud [144]

Answer:

1. Threat of new entrants to the industry and the power of suppliers are the strategic issues facing craft brewers in 2017. The threat of entry has a great effect on a companies willingness to expand its product base in fear that a new entrant will either mimic or produce a substitute for their product.

2. I would recommend that small breweries need to get out there and get their product in the minds of more customers, use social media to target their audiences and consumers. They should also invest in equipment that will reduce labor costs in the long run. Risk of supply availability can be mitigated by using multiple suppliers or becoming your own suppliers and also selling to other breweries, making another source of income.

7 0
3 years ago
A bank loans Kellie's Print Shop $350,000 to remodel a building near campus to use as a new store. On their respective balance s
erma4kov [3.2K]

Answer: b. an asset for the bank and a liability for Kellie's Print Shop. The loan does not increase the money supply.

Explanation:

Banks make money by loaning out money to people and companies. This means that loans are an asset to banks because it enables them to generate cash.

Kellie's Print Shop will have to pay back to loan however which means that it is a liability to them because they owe the bank.

This loan will not increase the money supply because if not explicitly stated that it does, we assume that the loan was made from bank deposits by other bank customers which means that it is already part of the money supply.

8 0
3 years ago
Christopher has a collection of 20 video games and will buy 4 more each month. Peter has a collection of 92 video games and will
Anton [14]

Answer:

It would be 8 months and they each would have 52 games.

Explanation:

8 0
2 years ago
Jim organized and operates Jim's Landscape Service. Jim did not do anything formal to create his business, but operates the land
Anni [7]

Answer:

sole proprietorship

Explanation:

sole proprietorship is a type of business which is owned and managed by one person and  there is no legal difference between  owner and  business  entity itself.

Since in this case business is under the name of Jim, it is sole proprietorship under the law

8 0
3 years ago
Carlos manages a grocery store in a country experiencing a high rate of inflation. he is paid in cash twice per month. on payday
Luda [366]

This is an example of the Shoe-leather effect of inflation

Explanation: Here Carols faces a lot of inconvenience in minimizing the cash holdings he has in the fear of it losing its value in the long term. So, he pays a steep fee to convert which we can call as shoe leather costs.

4 0
3 years ago
Read 2 more answers
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