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3 years ago

People are willing to pay a higher price if they believe that supplies are ______.

Business

2 answers:

UNO [17]3 years ago

6 0

Your answer is C for APEX

ratelena [41]3 years ago

4 0

C. Limited

If you have a small amount of product/resources that means that it is rare, and therefore more valuable.

For example, in the U.S. economy, there is a limited amount of currency, and that is what makes the currency valuable.

Or the better example, in a game like Minecraft, the resource "diamond ore," is only worth value to the player because it is a Limited resource, and it does not spawn often.

Hope this helps!

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Suppose at her current level of consumption, a person enjoys going to an additional baseball game three times as much as seeing

AleksAgata [21]

Answer:

The person is NOT spending her income for both goods in a manner that maximizes her satisfaction.

Explanation:

Based on the information given The person is NOT spending her income for both goods in a manner that maximizes her satisfaction which means that she would have to INCREASE baseball games consumption and DECREASE movies consumption reason been that we were told that an individual enjoys going to baseball game three times compare to seeing new movie which therefore means The price of the ticket for a baseball game which is the amount of $30 should be increase while the price of a ticket for a movie which is the amount of $15 should be decrease.

3 0

3 years ago

Michael company issued 8% bonds with a par value of 1,000,000 receiving 20,000 premium on the interest date 5 years later, after

sattari [20]

Answer:

option D - $22,000 gain

Explanation:

the gain can be calculated by using the following relation

Face Value + Unamortized Premium - Purchase Price = gain

where,

Face Value - $1,000,000

Unamortized Premium - 60% x $20,000

Purchase Price - 99% x $1,000,000

putting all value to get gain or loss on the retirement

= $1,000,000 + (60% x $20,000) - (99% x $1,000,000)

= $22,000 gain

6 0

3 years ago

While the four Ps help us remember the basics components of the __________, they don't reveal all the components in the marketin

nata0808 [166]

Despite that 4Ps helped to remember the basics components of the <u>marketing mix</u>, they do not reveal all the components in the marketing process.

<h3>What is Marketing 4Ps?</h3>

The Marketing 4Ps is an economic model that enhances the components of a firm "marketing mix", that is, they enhance the way firm take a new product or service to market.

The Marketing 4Ps includes price, product, promotion and place.

However, the marketing mix does not reveal all the components in the marketing process.

Read more about Marketing 4Ps

<em>brainly.com/question/859394</em>

3 0

2 years ago

Using the information below for Singing Dolls, Inc., determine cost of goods manufactured for the year:

Dafna11 [192]

Answer:

COGS= $65,100

Explanation:

Giving the following information:

Using the information below for Singing Dolls, Inc., determine cost of goods manufactured for the year:

Work in Process, January 1 $ 53,800

Work in Process, December 31 38,900

Total Factory overhead 7,400

Direct materials used 14,400

Direct labor used 28,400

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 53,800 + 14,400 + 28,400 + 7,400 - 38,900= 65,100

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= $65,100

4 0

3 years ago

Why do businesses think that money in their bank accounts is part of their cash total?

Brums [2.3K]

Answer:

Because liquid assets are a part of the entire wealth/value of a company.

Explanation:

If Jeff Bezos has 60 billion of dollars worth of assets like buildings and physical investments, that isnt his total wealth, you have to count in his liquid cash as well.

7 0

3 years ago