1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alina [70]
4 years ago
12

What is the relationship between supply and demand and price ?

Business
2 answers:
PolarNik [594]4 years ago
8 0
The higher the demand the more the price but if the supply gets tight then price goes up to push the supply enough to satisfy the demand
valina [46]4 years ago
5 0

The more supply the lower the price

The higher the demand the lower the supply

The higher price the lower the demand

You might be interested in
A company manufactures various-sized plastic bottles for its medicinal product. The manufacturing cost for small bottles is $50
Artyom0805 [142]

Answer:

a. $(8000)

b. Company should choose alternative 1 and make bottles.

Explanation:

Particulars               Make Bottles            Buy Bottles  Differential

                                Alternative 1             Alternative 2

Purchase Price                  0                       $37                               $(37)

Freight Charges                 0                       $4                                $(4)

Variable cost                    $33                                                          $33

Fixed Cost                        $17                     $17                                  0

Cost per unit                    $50                    $58                              $(8)

Income / (Loss)                 $50,000            $58,000                      $(8,000)

b. The company should choose alternative 1 and make bottles. The buying of bottles will cost company loss of $8,000.

7 0
4 years ago
Why does call of duty make so much games?????
cricket20 [7]

Answer:

because they want money why else

s

t

u

p

i

d

Explanation:

4 0
3 years ago
Bach Instruments Inc. makes three musical instruments: flutes, clarinets, and oboes. The budgeted factory overhead cost is $2,94
rodikova [14]

Answer:

Results are below.

Explanation:

Giving the following information:

Flutes= 2,000*2 = 4,000 hours

Clarinets= 1,500*3 = 4,500 hours

Oboes= 1,750*1.5 = 2,625 hours

Total direct labor hours = 11,125

<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 2,948,125 / 11,125

Predetermined manufacturing overhead rate= $265 per direct labor hour

<u>Now, we can allocate to each product:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Flutes= 4,000* 265= 1,060,000

Clarinets= 4,500*265= 1,192,500

Oboes= 2,625*265= 695,625

Unitary:

Flutes= 265*2= 530

Clarinets= 265*3= 795

Oboes= 265*1.5= 397.5

3 0
3 years ago
Exercise 9-10 Warranty expense and liability computations and entries LO P4 Hitzu Co. sold a copier costing $4,800 with a two-ye
Degger [83]

Answer:

the warranty expense does the company report for the year 2017 is  $240

Explanation:

The computation of the warranty expense does the company report for the year 2017 is shown below:

= Dollar sales × given percentage

= $6,000 × 4%

= $240

Hence, the warranty expense does the company report for the year 2017 is  $240

We simply applied the above formula so that the correct value could come

And, the same is to be considered

4 0
3 years ago
Superior has provided the following information for its recent year of operation: The common stock account balance at the beginn
Maurinko [17]

Answer:

$7500

Explanation:

The cash generated by selling common stock can be calculated by the aggregating the increase in common stock value (Closing less Opening Value) and the increase in the paid in capital (Closing less Opening Value).

So

Selling of common stock = $5000 +  $2500  = $7500

6 0
4 years ago
Other questions:
  • The business side of IT is very different from the business itself. T/F
    7·1 answer
  • In a(n) _____ decision, there may be several "right" answers, and there is no precise way to get a right answer. A. recurring B.
    10·1 answer
  • How do information systems improve relationships between businesses and customers?
    7·1 answer
  • What Is technical report
    10·2 answers
  • Assume the following information pertaining to Moonbeam Company: Beginning Ending Finished goods inventory $ 140,500 $ 133,450 W
    8·1 answer
  • Can the same header and footer appear on multiple pages
    13·1 answer
  • All of the following statements regarding liability losses are correct, except: A Property damage includes physical damage to ta
    10·1 answer
  • Que presion ejerce el deposito sobre el piso?​
    7·1 answer
  • Brainlest???
    11·1 answer
  • once a loan application is received, a creditor may not require additional information or verification until:
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!