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seraphim [82]
3 years ago
11

What causes you to pay the prices that you do for these goods and services? What determines the price that's on the price tag? W

hat goes into determining, or setting, that price? Consider all the possible elements that could influence the prices you pay.
Business
1 answer:
vladimir1956 [14]3 years ago
5 0

Pay for shelter

Pay for food/water

Pay for mate

Pay for happiness

Pay for accidents.

etc.

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A large office supply company sells many of its consumer products over the Internet. This is
Mrac [35]

A large office supply company sells many of its consumer products over the Internet. This is known as e-commerce.

Trading the consumer products over internet is the current trend these days. This way is known as e-commerce.

What is E-commerce?

  • E-commerce, often known as electronic commerce, is the exchange of goods and services as well as the sending of money and data through an electronic network, most commonly the internet.
  • These business dealings can be either B2B (business-to-business), B2C (business-to-consumer), C2C (consumer-to-consumer), or C2B.
  • E-business and e-commerce are frequently used interchangeably. The transactional procedures that make up online retail shopping are also occasionally referred to as e-tail.
  • The widespread use of e-commerce sites like Amazon and eBay over the past 20 years has significantly boosted the growth of online retail. According to the U.S., e-commerce made up 5% of all retail sales in 2011.

To know more about E-commerce visit:

brainly.com/question/24051375

#SPJ9

6 0
2 years ago
Under which conditions is price elasticity of supply relatively elastic or relatively inelastic?
Ulleksa [173]

Answer:

1. Firms are operating in the short run  - relatively inelastic

2. Firms would have a hard time storing their goods  - relatively inelastic

3. Firms have a large amount of excess capacity  - relatively elastic

4. Firms can easily relocate from one location to another - relatively elastic.

Explanation:

The price elasticity of supply is less in the short run than in the long run. In the short run supplier does not have enough time to adjust the production level so supply is inelastic. The firms facing hard to store their goods then the supply is inelastic. If the firm has spare capacity available then the supply is relatively elastic because supplier can produce more if the demand is greater.  The mobility factor also effects elasticity, if firm can easily relocate itself then the supply is elastic.

6 0
3 years ago
How can the Richards bay minerals improve on high crime rate
STatiana [176]
The richard bay minerals could improve on high crime rate by requesting support/assistance from the local government. With the support, they manage to handle most of the crime activities and maintaining their productivity at the same time. Currently, they are winning against the crimes<span />
5 0
3 years ago
The definition of inventory includes which of the following items? (Select all that apply.) a) items used currently in the produ
Yanka [14]

Answer:

Items a) and b)

a) items used currently in the production of goods to be sold items

b) held for resale items currently in production for future

Explanation:

Inventory consists of current assets to be used in production of final goods or are the ones which are final goods and held for sale.

In the given case also, statement a includes raw materials, which are used to make the final good to be sold, which is a part of inventory.

Further, statement b includes work in production or final goods which are currently in production but would be resold.

The items which are kept for their use as like machinery or furniture or which shall be disposed are not inventory but are in fixed assets category.

3 0
3 years ago
Which of the following is not an example of a cost and its related cost driver? Cost Cost Driver A. Rent Square feet B. Transpor
valina [46]

Option C

Direct labor hours ; Indirect labor is not an example of a cost and its related cost driver

<u>Explanation:</u>

A cost driver triggers a variation in the price of the activity. The idea is everywhere ordinarily employed to allocate aloft prices to the abundance of built assemblies. It can further be related to activity-based costing inquiry to ascertain the circumstances of expenses, which can be done to depreciate overhead prices.

In unusual accounting systems, cost drivers are practically inapplicable in determining the enrichment, Quantity of set-ups, Amount of machine-hours, Amount of labor hours, Abundance of orders bound and uttered.

7 0
3 years ago
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