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Nitella [24]
2 years ago
5

In a simple graphical model of the supply and demand for pizza with the price of pizza measured vertically and the quantity of p

izza measured horizontally:
1. the demand curve slopes upward and to the right.
2. the supply curve slopes upward and to the right.
3. at the equilibrium price, the supply of pizza exceeds the demand for pizza.
4. the supply curve slopes downward and to the right.
Business
1 answer:
puteri [66]2 years ago
8 0

Answer:

Option (2) is correct.

Explanation:

A supply curve is a graphical representation of quantity supplied of a commodity at every price level. The law of supply states that there is a direct relationship between the price of the product and the quantity supplied of the product.

This is one of the main reason of upward sloping supply curve. This means that as the price of a product increases then as a result the quantity supplied for that good also increases.

Demand curve is a downward sloping curve which shows that there is an inverse relationship between the price of the good and the quantity demanded for that good.

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Zeus wanted to convey Mount Olympus to Artemis, Ares, Aphrodite, and Athena in equal shares. On July 1, he saw Artemis, Aphrodit
dsp73

Answer:

Joint Tenancy

Explanation:

Each tenant was given an equal share.

The conveyance deed was completed on a specific date passing all the land fairly to all tenants.

The Hera, Aphrodite, Athena and Ares also bear the title of Mutual Tenancy as Zeus transmitted Mount Olympus to them.

Therefore the correct option is Joint Tenancy and the same is to be considered

3 0
3 years ago
Gullett Corporation had $37,000 of raw materials on hand on November 1. During the month, the Corporation purchased an additiona
Vlada [557]

Answer: See explanation

Explanation:

The journal entry to record the purchase of raw materials is analysed below:

November:

Dr Raw materials $86000

Cr Cash or account payable $86000

It should be noted that as the raw material is increasing, the raw material account will be debited while as the cash or account payable I decreasing, it is credited.

8 0
2 years ago
After earning an MBA, a student begins working on an $80,000 per year job on 9/1/18. She expects to receive a 5 percent raise ea
kondor19780726 [428]

Answer:

since there is not enough room here, I prepared a long excel spreadsheet to calculate the present value of her monthly salaries.    

her initial monthly salary is $6,666.67, total salaries earned = 12 salaries x 30 years = 360 salaries

the discount rate = 8% / 12 = 0.667% or 0.00667

the present value of the salaries earned during 30 years = $1,520,375.10

Explanation:

Download pdf
7 0
3 years ago
Freddy offers to supply water bottles to Jerry’s Gym at a cost of $40a case. The signed contract says that Jerry’s Gym will buy
atroni [7]

Answer:

-jerry is entitled to monetary damages compensations due to a contract breach.

-Freddy has to pay Jerry $90

Explanation:

the damage that the gym is entitled to would be that of a contract breach. Freddy wanted to earn more money so he breached the contract. Now given that Jerry had to go with another supplier of water at a greater cost of 50 dollars for 9 months, just to satisfy his requirements. Freddy has to pay him monetary damages for this breach in contract.  he has to pay the difference that exists between the price in the contract they had and what jerry now has to pay due to the breach. The difference is 10 dollars, which is to be paid every month for 9 months

= (50 - 40)*9

= 10 * 9 = $90

4 0
2 years ago
Example of monopoly???
vladimir2022 [97]
Telemarketing companies that are the only one that operates in a certain area.

Hope this helps!
3 0
3 years ago
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