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dimaraw [331]
3 years ago
12

need asap plz!!! Questlon 5 of 10 Which statement best describes the idea of the law of supply? A . The supply of a product decr

eases as its price increases B. The demand for a product decreases as its supply decreases. C. The demand for a product increases as its price increases. D. The supply of a product increases as its price increases SUBMIT​
Business
1 answer:
Marrrta [24]3 years ago
8 0

Answer:

D. The supply of a product increases as its price increases

Explanation:

Supply is the volume of a product or a service that sellers are willing to sell in the market at a stated price.  The law of supply explains the relationship between price and the quantity suppliers are willing to sell.

The law asserts that as the price increases, suppliers will supply more quantities of a product. A price decrease will cause suppliers to supply a lower quantity.  Suppliers are profits motivated. A price increase results in higher profits hence more supply.

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Skidmore Music Company had the following transactions in March:
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Answer: Check attachment

Explanation:

A cash basis income statement is simply referred to as an income statement which contains revenues and expenditures for the company whereby cash has either being received or paid by the company.

For accrual basis income statement, revenue and expenditures are recorded when they're either earned or made.

Check the attachment for more analysis.

5 0
3 years ago
Brian is a truck driver who delivers products throughout Massachusetts. His friend Chris is a traffic planner for the same state
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Answer:

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Explanation:

This answer is correct because Chris is a traffic planner – thus he merely designs the traffic flow, he does not create it, thus making answer (D) incorrect. Though (B) is true, it doesn’t relate to Chris’ career, making it false as well. As for (C), the answer is not correct because Chris doesn’t design the maps of the state, he only designs the traffic flow.

6 0
3 years ago
Read 2 more answers
Act II Costumes currently has $120,000 in cash, $340,000 in inventory, and $20,000 in accounts receivable. The company also has
Len [333]

Answer:

Quick ratio = Current assets - Inventory/Current liabilities

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Current liabilities = $20,000 + $20,000 = $40,000

Explanation:

Explanation: Quick ratio is the ratio of liquid assets to current liabilities. Liquid assets are current assets less inventory. Liquid assets amounted to $140,000 while current liabilities are $40,000. The division of liquid assets by current liabilities gives quick ratio.                                                                                                                      

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icang [17]

Answer:  in a traditional economy, decisions are based on habit and custom

Explanation:

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1 year ago
In hierarchical organizational structure, communication between employees tends to
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Multiple times and divide
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