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
ipn [44]
4 years ago
6

5. What happens to price when a good becomes more scarce?

Business
2 answers:
Ghella [55]4 years ago
8 0

Answer:

C. Price increases.

Explanation:

Supply for the good decreases while demand remains constant, and people would have to compete with each other more to obtain the good

The seller would naturally sell the good to the highest bidder/buyer so as to maximise his profit, thus as a good becomes scarcer, its price increases

mart [117]4 years ago
5 0
Pretty sure it’s C. Price will increases
You might be interested in
Corporate Triple-A bond interest rates for 12 consecutive months are as follows: DATAfile TripleABond Using the Excel Forecastin
vlada-n [284]

Answer:

a.Plot 1

b. Please see attachment

c. forecast = 9.5

Explanation:

Please see attachment

3 0
3 years ago
On Jan 5, a customer returned merchandise that had been purchased earlier on credit. The original sale was for $500, and the cos
Elodia [21]

Answer:

Debit Sales Returns and Allowances $500; debit Merchandise Inventory $150; credit Accounts Receivable $500; and credit Cost of Goods Sold $150.

Explanation:

Based on the information given the required appropiate journal entry to record the return on the books of the seller, in a situation were the goods can be sold to another customer is :

Debit Sales Returns and Allowances $500

Debit Merchandise Inventory $150

Credit Accounts Receivable $500

Credit Cost of Goods Sold $150

(To record the return on the books of the seller)

6 0
3 years ago
Outsourcing strategies: Select one: a. Carry the substantial risk of raising a company’s costs. b. Carry the substantial risk of
Simora [160]

Answer:

The correct answer is letter "C": Involve farming out value chain activities presently performed in-house to outside specialists and strategic allies.

Explanation:

Outsourcing refers to a practice that companies engage in to take their operations abroad to lower production costs and avoid being subject to stiff regulations that might harm their profits. <em>Under this approach, firms value chain activities handled in their original country are taken to countries where the manufacturing and labor costs are much lower with and relatively similar qualified workforce and suppliers.</em>  

Outsourcing might harm the employment rate in the domestic country of the company handling operations abroad but could benefit the outsourced nation by introducing job opportunities where there may not even be basic labor conditions.

8 0
4 years ago
J.d. power and associates and other market research firms recruit groups of consumers for __________, each of whom are paid to r
Brums [2.3K]

The correct answer is the syndicated panels. Syndicated panels are responsible for collecting and selling common pools of data, they made used of unit of measurements and they obtain their data through surveys, electronic scanner services and diary panels. In addition, they obtain institutional data from wholesalers, industrial firms and even retailers.

5 0
3 years ago
What factors determine business ethics?
irinina [24]

Answer:

a.how a company treats employees

b. how a company treats consumers

c. whether a company obeys the law

e. whether a company respects the community

f. whether a company respects the environment

Business ethics refer to an area of study involving proper business policies and practices. Generally, the laws governing companies help them form a framework to adhere to in order to gain acceptance from society.

Hence, the way in which a company treats its employees and customers, its compliance with the laws of the land, and the way it acknowledges its responsibility to the community and environment are some of the factors that determine business ethics.

6 0
3 years ago
Read 2 more answers
Other questions:
  • Jenny has a high internal locus of control. She needs a job to help pay for her expenses. Based on what you know about her, whic
    6·1 answer
  • A job analysis method by which important job tasks are identified for job success is known as: functional job analysis the criti
    12·1 answer
  • Todco planned to produce 3,000 units of its single product, Teragram, during November. The standard specifications for one unit
    6·1 answer
  • Which option is not available in the Presenter's view of a presentation?
    14·1 answer
  • Desert Trading Company has issued $100 million worth of long-term bonds at a fixed rate of 8%. The firm then enters into an inte
    14·1 answer
  • In this module, you learned about the risks or costs associated with financial goals. What are the risks or costs associated wit
    13·1 answer
  • To become an architect, you need six years of education. To become a physical therapist, you need two years of education. Which
    11·2 answers
  • What necessary condition for the presence of competition in a market?
    10·2 answers
  • Work hours are unlimited for which of these as it pertains to child labor laws?
    10·1 answer
  • The determination of the productivity of the inputs utilised in the manufacturing process is a critical component of management
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!