All categories

3 years ago

Either more sellers in the market or lower production costs can cause supply to _____ at each price level.

Business

2 answers:

Mariulka [41]3 years ago

7 0

Answer:

increase

Explanation:

When new providers enter a competitive market, parameters such as equilibrium price, supply and demand tend to change. The higher the number of sellers, the higher the production tends to be for each price level. The same is true if production costs go down, as this is an incentive for each salesperson to produce and deliver more so as to maximize their revenue.

Otrada [13]3 years ago

4 0

Increase or shift right because if the cost of production goes down then the supplier can make more products for less money therefore making the supply of a good more. if there are more supplier then the same thing happens. more product in the market.

You might be interested in

In which of the following situations would it be important for a successful, existing

Tamiku [17]

The business plan is the blueprint for your business. If you wanted to build a house, you wouldn't walk over to an empty lot and just start nailing boards together. Starting a business without a business plan is just as risky.

hope this helps :)

7 0

3 years ago

The assets, liabilities, and equity account of a business, which are interrelated and interact with each other, represent:______

REY [17]

Answer: C. the financial structure of the business

Explanation:

The financial structure of the business is made up of the assets, liabilities, and the equity account of a business, which are interrelated and interact with each other.

The assets are a company's property while liabilities has to do with what the company owes and equity is gotten when liabilities is deducted from the asset.

3 0

3 years ago

Weber Company purchases $52,200 of raw materials on account, and it incurs $62,200 of factory labor costs. Supporting records sh

netineya [11]

Answer:

This problem requires us to pass journal entry to assign overhead to the Assembly and Finishing Departments.

We know that overhead is allocated on estimation basis through applied overhead account. The basis of assignment is given in the question. The overhead will be assigne/recorded in relevant department work in process cost account. The journal entry is given below.

Debit Assembly WIP Account $ 70,720

(44,200*1.6 = 70.720)

Debit Finishing WIP Account $ 28,000

((62,200-44,200)*1.6 = 28,800)

Credit Factory Overhead applied Account $ 99,520

3 0

3 years ago

The CEO of a large beverage company led the company in the takeover of its two largest bottlers. The CEO pushed for the merger b

ruslelena [56]

Answer:

Conceptual Skills

Explanation:

6 0

3 years ago

The term ________ refers to a company's efforts to reach distribution channels and target customers through communications such

amm1812

Answer:

A)social marketing

Explanation:

Social marketing involves all the activities a company does in order to reach more clients.

Activities such as relations, marketing through social media, personal selling (through the use of personal connections), direct marketing, etc.

6 0

3 years ago