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gayaneshka [121]
3 years ago
7

Usually, price elasticities of supply areA) positive, because higher prices yield larger quantities supplied.B) considered short

-run adjustments due to supply constraints. C) ordinarily a negative number based on the law of supply.D) an inverse relationship between price and quantity supplied.
Business
1 answer:
Anna35 [415]3 years ago
3 0

Answer:

A) Positive, because higher prices yield larger quantities supplied.

Explanation:

The correct answer to the question is A) Positive, because higher prices yield larger quantities supplied. The price elasticity of supply determines the change in price as a response to the change in supply of the good or service supplied. This is usually calculated in a figure that determines that if price increases what will be the impact on its supply, which usually is a positive figure.

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Why is knowledge of the key success factors in an industry important?
AURORKA [14]
<span>Distinguish how companies whose profits reflect growth in your industry are able to structure their business to cope with changes in customer needs. ... Assess your strategic objectives and your business activities to ensure that they align with achievement of your key success factors.</span>
3 0
3 years ago
Industries sales budget shows quarterly sales for the next year as​ follows: Quarter 1dash17 comma 000​; Quarter 2dash15 comma 0
Angelina_Jolie [31]

Answer:

The correct answer is D.

Explanation:

Giving the following information:

Quarter 1: 17,000​;

Quarter 2: 15,000​;

Quarter 3: 19,000​;

Quarter 4: 21,000.

Company policy is to have a target​ finished-goods inventory at the end of each quarter equal to 25 % of the next​ quarter's sales.

2nd Q production:

Sales= 15,000

Ending inventory= 0.25*19,000= 4,750

Beginning inventory= (15,000*0.25)= (3,750)

Total= 16,000 units

8 0
3 years ago
Andrea and Phillip have been married for two years when they walk into the local State Farm agent's office. They see a banner (w
Amanda [17]

Answer:

$343

Explanation:

Andrea and Phillip's annual premium cost can be calculated using the cost per thousand formula:

cost per thousand = annual premium / thousands of coverage

  • cost per thousand = $0.98
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$0.98 = annual premium / 350

annual premium = $0.98 x 350 = $343

5 0
3 years ago
If buyers in this market have to wait in line to purchase this good after a $1 price ceiling is imposed, each buyer purchases on
Sophie [7]

The waiting time will be 30 minutes because 30 minutes at $8 per hour adds $4 to the price. Therefore, making the full price equal to $5 for each buyer clears the market.

<h3>What is the price ceiling?</h3>

A price ceiling is a price control mechanism by the government to intervene in the market forces of demand and supply by setting a maximum price.

While price ceilings are imposed to make prices low for consumers, it may cause shortages in the quantities supplied.

Thus, the waiting time will be 30 minutes because 30 minutes at $8 per hour adds $4 to the price.

Learn more about price ceilings at brainly.com/question/4120465

#SPJ12

3 0
1 year ago
When the Central Bank lowers the bank rate, borrowing from the central bank becomes cheaper and commercial banks borrow more fro
tresset_1 [31]

Answer:

= All

Explanation:

= U.S. exports increase, shifting U.S. aggregate demand to the right

= U.S. exports increase, shifting U.S. aggregate demand to the right

7 0
3 years ago
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