Answer:
Demand for a product is not necessarily increased just because there is a greater supply, in addition, based on his sales, he has no doubt reached the equilibrium price.
Explanation:
The law of supply and demand is the basic principle on which a market economy is based. This principle reflects the relationship between the demand for a product and the quantity offered of that product taking into account the price at which Sell the product.
Thus, depending on the price in the market of a good, the bidders are willing to manufacture a certain number of that good. Like the plaintiffs they are willing to buy a certain number of that good, depending on the price. The point where there is a balance because the plaintiffs are willing to buy the same units that the bidders want to manufacture, for the same price, is called the market equilibrium or breakeven point.
According to this theory, the law of demand establishes that, keeping everything else constant (ceteris paribus), the quantity demanded of a good decreases when the price of that good increases. On the other hand, the law of supply indicates that, keeping everything else constant (ceteris paribus), the quantity offered of a good increases when its price does.
The principle where one firm's waste becomes the resource used by another firm is known as biomimicry.
<h3>What is
biomimicry?</h3>
Biomimicry is when the waste products of one firm becomes the resource that is used by another firm for production processes.
An example of biomimicry is when the scrap metals that is used to produce a machine is used by another firm to make a product.
To learn more about biomimicry, please check: brainly.com/question/15300161
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Answer:
The amount Nenn debited to write off actual bad debt is $17,000
Explanation:
Please see computation below
Given that;
Beginning balance of allowance for uncollectible = $180,000
Ending balance of allowance for uncollectible = $190,000
Bad debt expenses reported = $27,000
With regards to the above information,
the net write off for actual bad debts is
= $180,000 + $27,000 - $190,000
= $17,000
I believe the answer is: Direct
During the direct stage, commander and staff would directly review the plan and put several factors into consideration to judge whether the plan would be succesful or not. (factors could include budget, timing, political situation, etc).
After they put all factors into consideration, they would made several adjustment to the plan according to the situation at hand to improve the success rate of the plan.
