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AfilCa [17]
3 years ago
10

describe the principle of supply and demand including how it affects the prices of the goods and services

Business
1 answer:
Anestetic [448]3 years ago
4 0
The principle of Law and Supply is an Economic theory that explains how supply and demand are related to each other and how that relationship affects the price of goods and services. It's a fundamental economic principle that when supply exceeds demand for a good or service, prices fall. When demands exceeds supply ,prices tend to rise.


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Big Tree Lumber has earnings per share of $1.36. The firm's earnings have been increasing at an average rate of 2.9 percent annu
GalinKa [24]

Answer:

The firm's PEG ratio is equal to 5.93

Explanation:

A valuation metric for determining the relative trade-off between the price of a stock, the earnings generated per share (EPS), and the company's expected growth are referred to as the 'PEG ratio' (price/earnings to growth ratio).

Generally, a company with a higher growth rate would have a higher P/E ratio.

PE ratio = Stock price/EPS

             = 23.4/1.36

 PE ratio = 17.205

PEG ratio = PE ratio/ Earning growth ratio

                 = 17.205/2.9

PEG ratio    = 5.93

3 0
3 years ago
E-Gadgets is a chain of electronics stores that specializes in devices and gadgets incorporating cutting-edge technologies. The
viktelen [127]

Answer: Option (C)

Explanation:

Here, in this case the corporation E-Gadgets is providing its consumers with place utility. The organization E-Gadgets creates the utility for their product solely by character of its location. The organization is known to have more than 170 outlets that are located in most of the large cities. Under the place utility it is known that the attractiveness of a commodity that is sold can be further increased by changing the location.

3 0
3 years ago
The managerial task of ______ involves establishing task and authority relationships.
andrezito [222]

Answer:

Organizing

Explanation:

Organizing is the most important role in any organization as it defines that the work is distributed among employees so that the target can be achieved timely. Also during the organizing process the supervisor coordinates with their employees.

Therefore the correct answer is organizing as it includes the task which has been created and authority relationship.

4 0
3 years ago
Linda sells 100 bottles of homemade ketchup for $10 each. The cost of the ingredients, the bottles, and the labels was $700. In
Leto [7]

Answer: Option C : $300; Negative $100

Linda's accounting profit = $300

Economic Profit= -$100

Explanation:

Total money generated = cost price x number of units = $100 x 10 = $1000

Profit = Total revenue generated - Cost of production = $1000 - $700 = $300

Linda's accounting profit = $300

Economic Profit = $300 - ($20 x 20hours)

Economic Profit= $300 - $400 = -$100

5 0
3 years ago
When completing the FAFSA, the student is given an EFC number. what does the EFC mean?
AURORKA [14]
Expected Family Contribution- it’s the index measure of the families financial strength to determine how much financial aide the school will need to provide.
8 0
3 years ago
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