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3 years ago

How do future expectations about the price of a good affect the present supply?

Business

2 answers:

bixtya [17]3 years ago

5 0

Answer:

The Future price of a good is inversely proportional to the present supply

Explanation:

The inverse proportionality of the future price of a good to its present supply means that the higher the future price of the good is expected the lower the present supply in the market , while the lower the future price of the good is expected to be the higher the present supply of the good,

if there are market speculations about a significant change in market price of a particular commodity in the market. the suppliers will tend to create an artificial scarcity of the good/commodity in the market by hoarding that is if the speculations are that the price/market value of the commodity will Riser higher than the current price. but if the prices will fall in the nearest future suppliers will flood the market with excess products.

stiks02 [169]3 years ago

4 0

Future expectations about price, can be a demand and supply shifter.

If producers know that prices will go up in the near future, they will be less likely to produce more now. They will want to sell when prices are higher. The reverse is true, if consumers know that prices will go down in the future they will be less likely to purchase now.

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_____ is a practice where a store sends coupons to a customer, who has already bought a product from the store, for a more expen

Kaylis [27]

Answer:

Upselling

Explanation:

Upselling: The term "upselling" is described as a specific sales technique in which a seller generally induces different customers to buy or purchase items that are considered as more expensive, upgrades or any other "add-ons" while making an effort to create a profitable sale.

In other words, it is referred to as a practice or an effort to encourage various customers to buy high-end products. This is a method of persuading customers.

As per the question, the given statement signifies "upselling".

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3 years ago

Which of the following defines long-term liabilities? Multiple choice question. Long-term liabilities are debts of a business th

saw5 [17]

Answer:

Long-term liabilities are debts of a business that are not due to be settled within one year (A) is your answer

Explanation:

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2 years ago

There are three things that can significantly mitigate the harm caused by delays. Which of the following is not one of these

Fed [463]

Answer:

Delay, lack of parternership, fission

Explanation:

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3 years ago

What is the ending balance on the statement of changes in owner's equity for this data?

creativ13 [48]

The Owner's Equity statement illustrates the capital account changes due to contributions, withdrawals, net income, or a net loss. So Ending Balance of the statement of changes in Owner's equity will be; Opening capital + Capital Added + Net Income - Owner's Withdrawals.

A one-page report titled a "statement of owner's equity" compares all assets and liabilities to determine the owner's equity's overall value. The snapshot, which is tracked over a predetermined time period or accounting period, depicts the flow of cash through a company.

Owner's equity is simply the difference between the owner's initial investment in the business and any withdrawals made by the owner. For instance: A real estate project with a value of $500,000 and a loan balance of $400,000 would have $100,000 in owner's equity.

Learn more about owner's equity here

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2 years ago

"Convergence occurs as ________ is sought, such as for the EC countries, and as competitive pressures in free-trade zones, such

elena-14-01-66 [18.8K]

Answer:

The correct answer is letter "B": harmonization.

Explanation:

In economics, convergence refers to the fact that poor countries' income per capita increases at a faster pace than in rich countries. At a certain point in time, every country's income per capita should converge at the same point.

Several actions could be carried out to fasten that process such as standardizing labor conditions across the European Community (EC) or free-trade blocks such as the North American Free-Trade Agreement (NAFTA). Once labor conditions have been subject to harmonization regardless of the region in the world, convergence will be a more attainable objective.

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3 years ago