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4 years ago

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

Business

1 answer:

yuradex [85]4 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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Recommend ways in which business can contribute time and effort to advance the well being of others in business context in the f

Alina [70]

1. Employ a business that caters the needs of people such as owning a gymnasium. That way it improves the quality of life of a person.

2. Basing on the example above, it does not engage into any harmful practice.

3. Your decision will depend on increasing the fee of gym users or improving the interior design of your gym

4. It provides support to the employee because they can interact with the gym users and can use the gym too

7 0

3 years ago

Crane Company purchased $1080000 of 8%, 5-year bonds from Swifty, Inc. on January 1, 2021, with interest payable on July 1 and J

nasty-shy [4]

Answer: $27,864

Explanation:

The amount that should be recorded as other comprehensive income is the fair value less the sales price and the amortized premiums to reflect the true value of the investment,

= 1,164,000 - 1,129,896 - 3,048 - 3,192

= $27,864

$27,864 is the amount Crane Company should report as other comprehensive income and as a separate component of stockholders’ equity.

6 0

3 years ago

Which is a good way to improve your marketability to employers?

Flura [38]

I think that what you should maybe be very social, and outgoing

6 0

3 years ago

Static Budget Actual Units 5,000 5,100 Sales revenue $60,000 $58,650 Variable manufacturing costs $15,000 $16,320 Fixed manufact

Ipatiy [6.2K]

Answer:

$700 favorable

Explanation:

Calculation to determine what The total sales-volume variance for operating income for the month of July would be

First step is to calculate the of contribution per unit using this formula

Contribution Margin per unit

=Sales− Variable manufacturing costs−Variable marketing and administrative expense/units

Let plug in the formula

Contribution Margin per unit=$60,000−$15,000−$10,000/5,000units

Contribution Margin per unit=$7per unit

Now let calculate the total sales-volume variance using this formula

Total sales volume variance

= Actual units−Static Budget × Static contribution margin per unit

Let plug in the formula

Total sales volume variance=5,100units−5,000units×$7

Total sales volume variance=$700 favorable

Therefore The total sales-volume variance for operating income for the month of July would be

$700 favorable

3 0

3 years ago

What does employable mean?

tester [92]

Answer:

Employable: suitable for paid work.

5 0

3 years ago

Read 2 more answers