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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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Which of the three economic systems (market, planned, and mixed) do you believe address the issue of scarcity the best?
Fofino [41]
Mixed because if everything its mixed up you won't no how much u have of something.
8 0
3 years ago
Marine, Inc., manufactures a product that is available in both a flexible and a rigid model. The company has made the rigid mode
Viefleur [7K]

Answer:

Estimated manufacturing overhead rate= $32 per direct labor hour

Explanation:

Giving the following information:

At the beginning of the current year, management estimated that $672,000 in overhead costs would be incurred and the company would produce and sell 2,000 units of the flexible model and 10,000 units of the rigid model.

The flexible model requires 3.0 hour(s) of direct labor time per unit, and the rigid model requires 1.50 hour(s).

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base=

Estimated manufacturing overhead rate= 672,000/(2000*3 + 10000*1.5)= $32 per direct labor hour

8 0
3 years ago
Which of the following statements regarding capital gains and losses is false? A. Jake, the sole shareholder of Peach Corporatio
KatRina [158]
The answer should be is 100000 i think let me know
4 0
3 years ago
Concord Corporation had 807000 shares of common stock outstanding at December 31, 2021. In addition, it had 150000 stock options
Radda [10]

Answer:

846,000 shares

Explanation:

According to the scenario, computation of the given data are as follows:

Outstanding common stock = 807,000 shares

Outstanding option stock = 150,000

option price = $37

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So, 150,000 - (150,000 × $37 ÷ 50)

= 150,000 - 111,000

= 39,000

So, Number of shares = 807,000 + 39,000

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7 0
4 years ago
Last year, the House of Orange had sales of $826,650, net operating income of $81,000, and operating assets of $84,000 at the be
seropon [69]

Answer:

The company's turnover rounded to the nearest tenth: C) 9.5

Explanation:

Asset turnover helps investors understand how effectively companies are using their assets to generate sales. Asset turnover is calculated by using following formula:

Asset Turnover =  Total Sales or Revenue/ Average Total Assets  

where:

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Average Total Assets = ($84,000 + $90,000)/2 = $87,000

Asset Turnover = $826,650/$87,000 = 9.5

7 0
3 years ago
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