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Minchanka [31]
3 years ago
15

Group of answer choices reflects a direct relationship between the price and quantity. The Law of Supply: a)shows that the relat

ionship between producer revenue and quantity supplied is negative b) reflects the income and substitution effects of a price change c) is reflected in a downsloping supply curve.
Business
1 answer:
WITCHER [35]3 years ago
5 0

Answer:

c) is reflected in a downward sloping supply curve.

Explanation:

A direct relationship between the price and quantity is reflected in a downward sloping supply curve.

The Law of demand states that ''conditional on all else being equal, as the price of a good increases, quantity demanded decreases; conversely, as the price of a good decreases, quantity demanded increases"

Hence this relationship is reflected in a downward sloping curve as demand falls as price rises.

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A type of business risk that refers to problems within the business is called _____.
Elza [17]

Operational risk, or risk that arises from the actual operation/course of running the business.

3 0
3 years ago
When every good or service is produced up to the point where the last unit provides a marginal benefit to society equal to the m
Lelu [443]

Answer:

<u>Allocative efficiency </u>

Explanation:

Marginal benefit refers to the extra satisfaction derived from purchase of an extra unit of a good or a service.

Marginal cost refers to the extra cost incurred when an additional unit of a good or a service is produced.

When marginal cost is equal to the marginal benefit, it is the most efficient situation wherein optimal blend of commodities is produced.

Allocative efficiency refers to producers providing that blend of goods which are most desired by the society at the optimal level of production.

3 0
3 years ago
The federal government doesn't have a capital budget; however, private enterprises do have a capital budget and when they invest
mote1985 [20]

Answer:

Hello the options in regards to your question is missing attached below is the complete question

Answer : Private enterprise's investments are in assets that are meant to increase production, which are going to earn revenues and pay for themselves. Thus, private enterprise's spending is unambiguously going towards investments. It is very difficult to determine when the federal government's spending is an investment. ( B )

Explanation:

The federal government's investments are not discussed in relation to a capital budget and recorded as an asset because It is very difficult to determine when the federal government's spending is an investment, because Federal Government is not actually designed to operate as a business entity

4 0
3 years ago
The inventory valuation method that identifies each item in ending inventory with a specific purchase and invoice is the:
scoray [572]

Answer:

d. Specific identification method.

Explanation:

The specific indentification method relies on the specific categorization of the ending inventory, by attaching the date or purchase and the exact cost to every item of the ending inventory.

As it can be seen, the method is very accurate, because it can give the real value of ending inventory at the end of the year. However, it is also very time-consuming and difficult to keep up with, and for this reason most companies only use this method for items that are valuable, or that can be easily categorized in a specific date and price.

Most companies use other inventory valuation methods like LIFO, FIFO, and weighted average.

8 0
4 years ago
In antonio accepts the offer of the canadian grocery to sell his american-made pasta in canada, he will be:
Murljashka [212]

The process that Antonio is engaging to as he accepts the offer of Canadian grocery of having to sell his American-made pasta in Canada is exporting. This is a means of having to send out the services or goods to another country.


7 0
4 years ago
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