All categories

4 years ago

The law of supply:

Business

1 answer:

Vlad [161]4 years ago

8 0

Answer:

The law of supply reflects the amount that producers will want to offer at each price in a series of prices.

Explanation:

The law of supply determines that the quantity offered of a good increases as its price increases, keeping the remaining variables constant. The quantity offered is directly proportional to the price.

Specifically, it determines the amount of a particular good or service that is offered by the producers taking into account its price. Usually the relationship between this quantity and the price variable will be direct or positive, unlike in the demand law.

You might be interested in

A student bought a $75 used guitar and agreed to pay for it with a single $80 payment at the end of 3 months. What is the nomina

Wewaii [24]

Answer:

29.5%

Explanation:

Effective interest rate is the actual interest rate that a investor receives on invesment or a borrower pays on loan including the compounding effect.

APR = (80 - 75) / 75 = 0.067 = 6.67%

Effective interest rate = ( 1 + APR )^n - 1

Effective interest rate = ( 1 + 6.67% )^4 - 1

Effective interest rate = ( 1.0667 )^4 - 1

Effective interest rate = 1.2947 - 1

Effective interest rate = 0.2947

Effective interest rate = 29.5%

8 0

3 years ago

Maria's company makes televisions. The Clarity, a 4K television featuring wireless capabilities, is their best selling model, an

Ghella [55]

Answer:

<u>Planned obsolescence.</u>

Explanation:

Planned obsolescence is a strategy used by companies whose goal is to ensure the outdated product and the release of an updated version of the product to arouse the interest of consumers and consequently an increase in demand for the product with greater functionality.

There are several market sectors that use the planned obsolescence strategy, which can be noticed in technology companies, which require more frequent product replacements (smarthphones, computers, tablets ...) due to the wear and tear of physical components and operating system upgrades. generally requires larger features less compatible with previous hardware.

Therefore, despite a widely used strategy, it is ideal for organizations to analyze the implementation of planned obsolescence so as not to be misunderstood by consumers when improvements and upgrades are insufficient to replace the product with a newer one.

3 0

3 years ago

Mocha Company manufactures a single product by a continuous process, involving three production departments. The records indicat

elixir [45]

Answer:

Given that,

Direct materials = $100,000

Direct labor = $125,000

Applied factory overhead for Department 1 = $150,000

Direct materials = $50,000

Direct labor = $60,000

Applied factory overhead for Department 2 = $70,000

Therefore, the journal entry is as follows:

Work in Process - Department 3 A/c Dr. $555,000

To Work in Process - Department 2 $555,000

(To record the flow of costs into Department 3 during the period)

Workings:

Work in Process - Department 3:

= $100,000 + $125,000 + $150,000 + $50,000 + $60,000 + $70,000

= $555,000

5 0

4 years ago

The following data is available for Box Corporation: Common stock, par $10 (authorized 30,000 shares) $250,000 Treasury stock (a

zubka84 [21]

Answer:

The shares of common stock are outstanding are 24,920 shares .

Explanation:

Outstanding shares

= Shares issued - Shares held as Treasury Stock shares

= $250000/$10 par - $1200/$15

= 25000 shares - 80 shares

= 24,920 shares

Therefore, The shares of common stock are outstanding are 24,920 shares .

3 0

3 years ago

An investment that you bought for ____

scoray [572]

The answer is C and cannot be no other one because you bought it less that what you sold it for

6 0

3 years ago