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kompoz [17]
3 years ago
9

Your task is to take this and construct a graphical representation of the data. in doing so, you determine that as the price of

soup rises, the quantity of soup demanded decreases. this confirms the
Business
1 answer:
fenix001 [56]3 years ago
3 0
<span>Your task is to take this and construct a graphical representation of the data. in doing so, you determine that as the price of soup rises, the quantity of soup demanded decreases. This confirms the Law of Supply and Demand which states that the supply is inversely proportional to the demand. Simply speaking, whenever there is an increase in the price, the supplier tends to produce an excess supply even though the demand is low to generate a greater profit.</span>
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Which factors will most likely affect revenues and profits
Aliun [14]

The factors that will most likely affect revenues and profit include the number of production units, direct costs, and the production per unit.

<h3>What is revenue?</h3>

It should be noted that revenue simply means the income that a company can make based on the sales of a product.

Revenue in accounting refers to the entire amount of money made through the sale of products and services that are essential to the company's core operations. Sales or turnover are other terms used to describe commercial revenue. Some businesses make money from royalties, interest, or other fees.

In this case, the factors that will most likely affect revenues and profit include the number of production units, direct costs, and the production per unit.

Learn more about revenue in:

brainly.com/question/25623677

#SPJ1

6 0
2 years ago
When a $10 check written on the first national bank of chicago is deposited in an account at citibank, then.
Fynjy0 [20]

Answer:

A. the liabilities of the First National Bank decrease by $10.

Explanation:

5 0
2 years ago
It costs $3000 to reserve a room, hire an instructor, and bring in the equipment. Assume it costs $25 per student for the admini
Anastaziya [24]

Answer:

&175

Explanation:

Breakeven price is the minimum price a product or service  must be sold to cover the cost of producing it. Its aim is to ensure that items are not sold at a loss.

In the scenario given ,

Cost of room reservation = $3000

Cost of room / student = $3000/20 = $150

Course materials per student = $25

Total cost of course materials = $25 * 20 =$500

Total cost of training = $3,500

Target attendees = 20

Breakeven price  = $3500/20 = $175

8 0
3 years ago
A manager who takes "ownership" of a project and provides the leadership and vision that takes a commodity from the idea stage t
ikadub [295]

Answer: Champion

Explanation:

Someone who drives a course from the initial stage to a stage where it is seen as satisfactory by him and people is known as a champion, as it's been put; the individual championed the course. This individual is responsible for the process of the project and sees that it becomes successful, despite the efforts of others, he supervises them and ensure they carry out the task as he planned it. A manager who takes "ownership" of a project and provides the leadership and vision that takes a commodity from the idea stage to the final customer is a product champion.

4 0
4 years ago
The cash register tape for Sage Hill Industries reported sales of $9,070.30. Record the journal entry that would be necessary fo
natta225 [31]

Answer:

a.

DR Cash .....................................................................$‭9,003.31‬

DR Cash Over and Short.........................................$66.99

CR Sales revenue........................................................................$‭9,070.30

Working

Cash = 9,070.30 - 66.99 =  $‭9,003.31‬

b.

DR Cash .....................................................................$‭9,107.67‬

CR Sales revenue........................................................................$‭9,070.30

CR Cash Over and Short.............................................................$37.37

Working

Cash = 9,070.30 + 37.37 = $‭9,107.67

8 0
3 years ago
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