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Amanda [17]
3 years ago
5

Write a generalization about the relationship between price and the quantity supplied

Business
1 answer:
SVETLANKA909090 [29]3 years ago
6 0

Answer:

see below

Explanation:

Supply is the term used by economists to describe the quantity that supplies are willing to sell to buyers at a given price or different prices. As per the law of supply, the higher the price, the more quantities firms will be willing to supply.  

The supply curve is a graphical illustration of the relationship between the price of a commodity, and the quantities firms are willing to supply at different prices.  The supply curve is upward sloping. The X-axis of the graph indicates the quantities at different prices.  This relationship can also be expressed in a tabular format known as the supply schedule.

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Wilkes Manufacturing sells one product with a variable unit cost of $18. The company knows that the price charged will affect de
Harrizon [31]

Answer:

D. Selling the units at $28 will generate the largest profit.

Explanation:

Explanation : Profit = [ ( selling price per unit - variable cost per unit) * units ] - Fixed Cost

Profit at $28 selling price = [ ($28 - $18) *  50,000 units ] - $275,000 = $225,000

Profit at $23 selling price = [ ($23 - $18) *  100,000 units ] - ($275,000 + $100,000) = $125,000

Profit at $25 selling price = [ ($25 - $18) *  75,000 units ] - ($275,000 + $100,000) = $150,000

Thus we can see that profit is largest at $28 per unit selling price

5 0
3 years ago
Countries with democratic regimes, market-based economic policies, and strong protection of property rights are more likely to a
vlabodo [156]

Answer:

Explanation:

There are different categories of evaluations a manager must make when examining a country's attractiveness such as Evaluation of Benefits, Evaluation of Costs and Evaluation of Risks. All these evaluation are necessary for high and sustained economic growth rates as well as means of attraction for location for international business for countries with market-based economic policies.

Cost evaluation provide insight on the total cost of the project.

Each of the given item are positioned below to the appropriate category of evaluations a manager must make when examining a country's attractiveness.

A. Evaluate Benefits

1. Middle-class population growth potential

2. First-mover advantages

7. Free market economy

B. Evaluate Costs

4. Infrastructure issues

5. Resolving contract disputes

6. Bribe payments

C. Evaluate Risks

3. Unaxpestec political change

8. economic uncertainty

8 0
3 years ago
"esprit de corps”' is a term associated with
Aleks04 [339]
<span>"esprit de corps” is mostly associated with loyalty and camaraderie. The following (order and discipline, morale, goals and accountability, mentoring, communication) are related to the meaning of the phrase. 

a. order and discipline are evident in a group when the team respects the leader, as well as the leader respects his team. This is the foundation of discipline. 

</span>
4 0
3 years ago
A corporation reports the following year-end balance sheet data. The company's debt-to-equity ratio equals:Cash $ 41,000 Current
Rudiy27

Answer:

0.54

Explanation:

Debt-to-equity ratio = Total Debt ÷ Total Equity

                                 = $107,000  ÷  $197,000

                                 = 0.54

The company's debt-to-equity ratio equals 0.54

4 0
3 years ago
when kendra's manager asked the team to come up with new ideas for attracting people to their trade show booth, kendra suggested
NikAS [45]

The analytical decision-making process Kendra's idea exemplifies.

Analytical selection-makers cautiously analyze data to come up with an answer. They're cautious and adaptable thinkers. they may invest time to glean records to shape an end.

Those decision-makers are assignment-oriented but have a high tolerance for ambiguity.

The four classes of decision making

1] Making habitual choices and judgments. whilst you go shopping in a grocery store or a department save, you normally select from the goods before you.

2] Influencing results.

three] setting aggressive bets.

4] Making strategic selections.

The constraint of choice-making research.

Learn more about analytical decision-making here: brainly.com/question/25870371

#SPJ1

6 0
1 year ago
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