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statuscvo [17]
4 years ago
8

Complete the sentences regarding the relationship between price and quantity supplied.

Business
1 answer:
oksano4ka [1.4K]4 years ago
5 0

Answer:

There exists a positive relationship between the price and quantity supplied and thus a supply curve is upward sloping

Explanation:

All things being equal, when the price of a good increases, the quantity supplied increases as there would be more suppliers in the market or existing suppliers would be willing to do more. The same is also the case if the price falls, supply would fall

When we plot a graph with price and quantity, we noticed that it slopes upwards as quantity increases as prices does

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The monumental failure of Jack Welch, the legendary leader of GE (General Electric), is that he was great transactional leader b
sammy [17]

Answer:

False

Explanation:

6 0
3 years ago
Read 2 more answers
The budgeted income statement presented below is for Burkett Corporation for the coming fiscal year. Compute the number of units
katen-ka-za [31]

Answer:

50,494 units

Explanation:

The sales that must be achieved in order to realize a pretax profit of $167,400 is the  total  fixed costs plus target pretax profit all divided by contribution per unit

Total fixed costs=fixed factory overhead+fixed marketing costs=$109,500+$111,900=$221,400.00  

Contribution per unit= sales price per unit-variable cost per unit

sales price per unit=$968,000/44000=$22

variable cost per unit=($183,500+$241,900+$151,900+$51900)/44,000=$14.30 Contribution per unit=$22-$14.30 =$7.70

target sales units=($221,400+$167,400)/$7.70= 50,494 units  

8 0
4 years ago
Suppose you have a monthly entertainment budget that you use to rent movies and purchase cds. you currently use your income to r
Lelu [443]
You are not maximizing utility, because the marginal utility per dollar spent renting movies is not equal to the marginal utility per dollar spent on​ CDs. We will maximizing utility when the consumers decide to allocate their money incomes so that the last dollar spent on each product purchased yields the same amount of extra marginal utility.
5 0
4 years ago
Burning fossil fuels and their derivatives produces, among other things, harmful pollutants such as particulates, acid rain-prod
Ratling [72]

Answer:

The correct answer is letter "C": Cornucopians.

Explanation:

Cornucopians are environmentalists who consider that is possible to overcome environmental problems with technical approaches. They have anthropocentric positions because interest in humans is what guides their criteria on the relationship between society and its environment. Cornucopians believe mankind's role in the world is to conquer nature to produce.

3 0
4 years ago
A random sample of respondents would be distributed randomly, half to the experimental group and half to the control group. A pr
Ainat [17]

The experimental design which best represents the above random survey is: B. one-group pretest-posttest design.

An experimental design can be defined as a research method (concept) in which a controlled experimental factor is objectively and efficiently subjected to a special treatment (intervention), in order to compare it with a factor (controlled variable) that is kept constant. Thus, it is used to maximize precision in an experiment and to reach a specific conclusion on a hypothesis statement.

Basically, there are three (3) main types of experimental design and these include:

1. Quasi-experimental research design

2. True experimental research design

3. Pre-experimental research design

Under the pre-experimental research design, we have three (3) forms of experimental design and these are:

  • One-shot case study research design
  • Static-group comparison
  • One-group pretest-posttest design

One-group pretest-posttest research design is mostly used by behavioral researchers to determine the effect of a special treatment (intervention) on a given sample of participants, especially by first utilizing a single group of participants (one-group design) before the treatment is implemented and once after the treatment is implemented.

In conclusion, a one-group pretest-posttest research design is the experimental design which best represents the above random survey.

Read more on experimental design here: brainly.com/question/13284940

3 0
3 years ago
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