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Arte-miy333 [17]
3 years ago
6

According to the law of supply, price and quantity move

Business
2 answers:
Ksenya-84 [330]3 years ago
4 0

Answer:

along a track in the same direction.

Explanation:

The price and the quantity will move along a track in the same direction. According to the law of supply, the increase in the price of the commodity leads to the increase in the supply of the commodity and vice versa when other factors are constant. This law illustrates the direct relationship that exists between the price of the commodity and the quantity supplied.

Luba_88 [7]3 years ago
4 0

Answer:

its A

Explanation:

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Explain the marketing concept
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Answer:

Marketing is the process of getting the right goods or services or ideas to the right people at the right place, time, and price, using the right promotion techniques and utilizing the appropriate people to provide the customer service associated with those goods, services, or ideas. This concept is referred to as the “right” principle and is the basis of all marketing strategy. We can say that marketing is finding out the needs and wants of potential buyers (whether organizations or consumers) and then providing goods and services that meet or exceed the expectations of those buyers. Marketing is about creating exchanges. An exchange takes place when two parties give something of value to each other to satisfy their respective needs or wants. In a typical exchange, a consumer trades money for a good or service. In some exchanges, nonmonetary things are exchanged, such as when a person who volunteers for the company charity receives a T-shirt in exchange for time spent. One common misconception is that some people see no difference between marketing and sales. They are two different things that are both part of a company’s strategy. Sales incorporates actually selling the company’s products or service to its customers, while marketing is the process of communicating the value of a product or service to customers so that the product or service sells.

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3 years ago
On June 13, the board of directors of Siewert Inc. declared a 2-for-1 stock split on its 60 million, $1.00 par, common shares, t
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Answer:

1. Dr Stock dividends $60 million

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Preparation of the journal entry that summarizes the declaration and distribution of the stock split

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2. The Par value per share after split =$1 reason been that split are often in form of stock dividend.

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The next model of a sports car will cost 12.6% less than the current model. the current model costs $31,000 . how much will the
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