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3 years ago

Which of these statements best represents the law of supply? select one:

Business

1 answer:

sweet [91]3 years ago

8 0

c. when the price of a good decreases, sellers produce less of the good.

According to the law of supply, an increase in price results in an increase in quantity supplied. This means that there is a direct relationship between price and quantity: Thus, when price of a good falls, sellers produce less

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Data concerning Bedwell Enterprises Corporation's single product appear below:

melisa1 [442]

Answer:

unit sales = $3482.49

Explanation:

given data

Selling price per unit = $240.00

Variable expenses per unit = $99.50

Fixed expense per month = $454,290

monthly target profit = $35,000

solution

we get here contribution margin that is express as

contribution margin = Sales - Variable cost ..................1

put here value

contribution margin = $240 - $99.50

contribution margin = $140.50

so here Target Contribution margin will be

Target Contribution margin = Fixed cost + Target profits ...............2

put here value

Target Contribution margin = $454,290 + $35,000

Target Contribution margin = $489290

so here unit sales will be as

unit sales = $\frac{489290}{140.5}$

unit sales = $3482.49

8 0

2 years ago

Jenna's closing agent has asked her to get a spot survey of the property she's purchasing. what will this accomplish for jenna a

just olya [345]

It notes the location, size, and shape of any improvements on a property.

<h3>What is property?</h3>

Any item over which a person or a business has legal title is considered property. Property can refer to either real objects, such as houses, automobiles, or appliances, or intangible items with the promise of future value, such as stock and bond certificates.

There are three types of property in economics and political economy: private property, public property, and collective property (also called cooperative property).

Property is divided into two types: corporeal property and incorporeal property. Corporeal Property is seen and touched, whereas incorporeal Property is not. Furthermore, corporeal Property is the right to tangible possession, whereas incorporeal Property is an incorporeal right in rem.

To know more about property follow the link:

brainly.com/question/778086

#SPJ4

6 0

1 year ago

Kiano, a telecommunications equipment manufacturer, manufactures PDAs (P), wireless handsets (H), and blackberrys (B). They have

a_sh-v [17]

Answer:

Explanation:

Please check the attached file below to see answer to the given question

6 0

3 years ago

Douglas Company issued 5-year bonds on January 1. The 12% bonds have a face value of $35,000,000 and pay interest every January

Blababa [14]

Answer:

Given:

12% bonds have a face value of $35,000,000

Bonds sold for $37,702,483 based on the market interest rate of 10%.

∴

The interest expense on July 1 can be computed as

Interest expense = Bonds sold × Effective market interest rate ( $\frac{10}{2}$ = 5%)

= $37,702,483 × .05 (1/2 of the effective interest rate)

= $1,885,124

⇒ The interest expense on July 1 is $1,885,124

4 0

2 years ago

Shyla has two children, Amar, age 8, and Darsh, age 10. Amar and Darsh attended daycare after school. Shyla paid $14,000 in chil

Lina20 [59]

Based on the information given, the amount of her child and dependent care expense credit will be $7000.

It should be noted that the enhanced credit of 2021 allows the eligible parents to claim up to 50% of the child care expenses paid.

In this Shyla paid $14000 as her child care expenses for her children in 2021. Therefore, the the amount of her child and dependent care expense credit will be calculated thus:

= $14000 × 50%

= $7000.