All categories

3 years ago

The law of supply and demand relates to

1 answer:

3 0

<span>A. The relative price of goods and services. The law of demand and supply explains the interaction between the supply and demand of a resource. The law of demand states that if all things are equal, the higher the price the lesser (quantity) the demand for the goods/services. While the law of supply states that if all things are equal, the higher the price, the higher the (quantity) supply of goods/services. </span>

You might be interested in

The ______ approach is a management approach that advocates the idea that a manager's attitude toward employees can affect produ

padilas [110]

Answer:

Human Relations Approach

Explanation:

According to my research on studies conducted by various sociologists, I can say that based on the information provided within the question the approach being described is called the Human Relations Approach. Like mentioned in the question this approach refers to the view that the effectiveness of any organisation depends on the quality of relationships among the people working in the organisation.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0

4 years ago

The following information relates to the Jasmine Company for the upcoming year, based on 428,000 units: Amount Per Unit Sales $

inn [45]

Answer:

Increase operating profit by $772,200

Explanation:

As for the provided information,

Details for special order are as follows:

It will require no additional operating expense whether fixed or variable in nature.

Further there is an idle capacity lying, to meet the order which will not require extra fixed manufacturing cost.

Total fixed cost in cost of goods sold = $2,268,400

Therefore total variable cost in cost of goods sold = $6,848,000 - $2,268,400 = $4,579,600

Average variable cost per unit = $4,579,600/428,000 = $10.70

Therefore, if the special order is accepted, which will cost only $10.70 per unit and be sold at $20.60 per unit.

It will add to operating profits as follows:

= 78,000 $\times$ ($20.60 - $10.70) = $772,200

8 0

3 years ago

WILL MARK BRAINLIEST

zavuch27 [327]

A: they generally take in more premiums than they pay out

6 0

3 years ago

The Nuclear Regulatory Commission helps oversee legislation of

bekas [8.4K]

Answer: Option C.

Explanation:

The Nuclear Regulatory Commission assists in monitoring environmental law legislation. Commercial nuclear power plants and other nuclear material uses are governed by the Nuclear Regulatory Commission. The United States government's Nuclear Regulatory Commission (NRC) is an independent body.

Originating from the United States Atomic Energy Commission, it is the United State government agency responsible for regulating radioactive material. The Regulatory Authority over the use of ionizing radiation in Industry is shared among several Federal, State, and local government agencies.

Nuclear Regulatory Commission (NRC) has regulatory authority over the use of byproduct material in the industry. NRC's regulatory mission covers these three main areas. They are Reactors, Materials, and Waste.

To learn more about Nuclear Regulatory Commission,

brainly.com/question/14619332

4 0

1 year ago

Suppose that a car manufacturer discovers that it can lower its average costs if it diversifies its operation by also producing

frutty [35]

Answer: Economies of scale

Explanation:

Economies of scale occurs when there is a reduction in cost as a result of an increase in production. Economies of scale are the cost advantages which a business can exploit through the expansion of its scale of production. The aim of economies of scale is to lower the average costs of production.

When the car manufacturer diversifies his operation by producing pickup trucks and SUVs, there'll be a reduction in the average unit cost of output. This term refers to Economies of scale.

4 0

3 years ago

Read 2 more answers