A <u>shift </u><u>of</u> the supply curve represents a change in supply while a <u>movement </u><u>along</u> the supply curve represents a change in the quantity supplied.
Supply is defined in economics as the total amount of a specified product or service offered to consumers by a supplier at a specified time and price level. This is usually determined by market movements. For example, increased demand may prompt suppliers to increase supply.
In economics, supply is the number of goods that an individual or firm makes available in the market. This refers to the amount you are producing at a particular point in time. For example, if Apple made 100 of its iPhones, that would be the product to be launched. Supply can refer to the quantity available at a particular price or the quantity available across the price range displayed on the chart.
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Even if an unanticipated delay food order is indeed not your company's fault, sending consumers a sincere apology by email or SMS demonstrates that you are aware of the problem and are sympathetic.
<h3>Define the term food order?</h3>
Delivery of food to a customer by a restaurant, shop, or independent food delivery business is known as retail food delivery.
Typically, one places an order through a restaurant, a mobile app, or a food delivery service.
Make no promises you cannot keep:
- Consumers do not like to be given empty guarantees about when their orders would arrive.
- If you offer your customer anything and it doesn't happen, it will have a negative effect on your business in general.
Apologize;
- Customers like it when companies accept responsibility for a mistake and offer an apology. A honest apology is greatly appreciated.
- When you apologize, make sure to include a description of the issue's origin and your plan for resolving it.
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Answer:
Dr Equipment $22,843
Dr Licence expenses $210
Drr Prepaid Insurance $875
Cr Cash $23,928
Explanation:
Journal entry for Bench Company
Dr Equipment $22,843
($22,175+$443+$225)
Dr Licence expenses $210
Dr Prepaid Insurance $875
Cr Cash $23,928
Answer: NIST
The NIST framework is a shared set of security standards required by the Federal Information Security Management Act
Explanation:
The NIST Cybersecurity Framework provides a policy framework of computer security guidance for how private sector organizations in the United States can assess and improve their ability to prevent, detect, and respond to cyber-attacks.
NIST is the National Institute of Standards and Technology, a unit of the U.S. Commerce Department. Formerly known as the National Bureau of Standards, NIST promotes and maintains measurement standards. It also has active programs for encouraging and assisting industry and science to develop and use these standards.
Answer:
$112,500
Explanation:
With regards to the above information, we would compute first the Los Angeles division revenue.
Contribution margin
= Loss Angeles division revenues - Variable operating expenses
Los Angeles division revenues
= $200,000 + $50,000
= $250,000
Variable operating expenses
= ($110,000 × $250,000) / $200,000
= $137,500
Therefore,
Contribution margin
= $250,000 - $137,500
= $112,500
It means that if variable expenses are tied directly to revenues, the new Los Angeles profit margin would be $112,500