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kondor19780726 [428]
3 years ago
13

The supply curve represents​ ___________. A. the maximum price buyers are willing to pay to buy an extra unit of a good. B. the

minimum price buyers are willing to pay to buy an extra unit of a good. C. the minimum price sellers are willing to accept to sell an extra unit of a good. D. the maximum price sellers are willing to accept to sell an extra unit of a good.
Business
1 answer:
matrenka [14]3 years ago
8 0

Answer:

The answer is: C) The minimum price sellers are willing to accept to sell an extra unit of a good.

Explanation:

A normal supply curve should move upward from left to right. The expresses the Law of Supply: (given that all other factors remain without change) As the price of a product increases, the quantity supplied should also increase.

For example:

An ounce of gold costs right now $1,500 and 100 ounces of gold are being traded right now at that price. If a new buyer comes in and wants to buy the 101th ounce of gold, then following a normal supply curve, the new buyer would need to pay more for that extra ounce of gold, maybe $1,510.

What the supply curve shows us is that given a certain price Y, a company will be willing to sell X amount of goods.  The more demand a product has (X + 1) > X, then the price Y will increase until a new balance is found.

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Walden’s family is shopping for a reclining chair. The chair the family decided on has a retail price of $800 plus 5% sales tax
IceJOKER [234]

Just by looking at the answer you can take out D because C already offers no tax and 5% off, do C is better than D, so we only have to do t math for A, B, and CA is 800 plus tax, with $75 back800×1.05 (because it's 5% tax) -75 =$765B is 800×.90 (because 10% off means he's paying 90%)×.05=$756C is 800×.95 (because 5% off means he's paying 95%) =760A=765B=756C=760So B is the best deal

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6 0
3 years ago
Read 2 more answers
What determines which price the company should choose for its running shoes?
horrorfan [7]

Answer:

the price that can be affordable for every one and it should be by the opinion of the common people and labours

4 0
3 years ago
Specialized savings accounts are accounts that _____.
Eduardwww [97]
Use special methods to help people save money :)
8 0
3 years ago
River Corp's total assets at the end of last year were $415,000 and its net income was $32,750. What was its return on total ass
Zigmanuir [339]

The return on total assets of River Corps is 0.0789.

<h3>What was its return on total assets?</h3>

The return on total assets is an example of financial ratio. It is the net income divided by total assets. It is an example of a profitability ratio. Profitability ratios measure the efficiency with which a company generates profit from its asset.

Return on total assets = Net income / average total assets

$32,750 / $415,000 = 0.0789

To learn more about financial ratios, please check: brainly.com/question/26092288

7 0
2 years ago
Direct financing works in multiple ways. Put the following events in order to show how direct financing can strengthen an econom
bazaltina [42]

Answer: E,C,D,B.

Direct financing strengthen an economy's GDP because they come without any interest cost or rate and are directly invested to increase the level of production or output of a business .

Explanation:

Direct financing occurs when money is borrowed from the financial market without using a third party or an intermediary, this is done in other to avoid indirect financing and it's high borrowing cost effect where the overall cost of the loan can be increased through interest rate.

Direct financing is when shares or securities are sold by a borrower in order to raise money and avoid interest rates that comes with using intermediaries or third party services.

Note: Those intermediaries are banks.

6 0
4 years ago
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