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
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>
You might be interested in
What is the meaning of derecognition?​
Nataly_w [17]

Answer:

withdrawal of official recognition from an organization or country.

plz mark me as brainliest

3 0
2 years ago
Carlita began 2014 with a taxes payable account balance of $3,000. On December 31, 2014, its taxes payable account balance is $7
aleksandr82 [10.1K]

Answer:

$2,000

Explanation:

The computation of the amount pay to the tax authorities during the year is shown below;

Let us assume the accrued payment be $6,000

Let us assume the amount pay to the tax authorities be X

Beginning Taxes payable account balance + Accrued payment - X = Ending taxes payable account balance

$3,000 + $6,000 - X = $7,000

$9,000 - X = $7,000

So, the X is

= $9,000 - $7,000

= $2,000

hence, the amount pay to the tax authorities is $2,000

4 0
3 years ago
In order to solve​ abb's problem, the company needed a new technology that could​ ______
IrinaK [193]

In order to solve​ abb's problem, the company needed a new technology that could​ change the companies organizational culture. In many cases, changing how an organization runs and treats their employees gives them advantages to tailor ideas to what fits their employees best. When the culture of an organization aligns their values with the employees there is better work and ideas forming.

4 0
2 years ago
The reason that the "fast-casual" restaurant market is monopolistically competitive rather than perfectly competitive is because
maksim [4K]
<span>A market which is monopolistically competetive has an imperfect competition and characterized with many producers that sell products that are differentiated from one another. Because of this there are not perfect substitutes.</span><span>
So, the reason that the "fast-casual" restaurant market is monopolistically competitive rather than perfectly competitive is because </span>products are differentiated.
5 0
3 years ago
Read 2 more answers
pure monopolist who is nondiscriminating must decrease price on all units of a product sold in order to sell additional units. T
coldgirl [10]

Answer: b. Marginal revenue is less than average revenue

Explanation:

Marginal revenue is the extra revenue received by selling one more unit of a good while Average revenue is the revenue generated on average by all units sold thus far.

If the monopolist has to reduce prices to sell more goods then it would mean that for every unit sold, the price would have reduced compared to the price of the last unit which translates to less revenue coming in per unit compared to the last unit.

On the other hand, on average, the higher prices of the earlier goods sold would keep the average revenue higher than the additional revenue (marginal revenue).  

8 0
2 years ago
Other questions:
  • BerryBerry is a fruit juice company that has traditionally sold three varieties of mixed-fruit juices: DazzleBerry, AquaBerry, a
    6·1 answer
  • Gvb inc., a consulting firm, hires zainab, who is a muslim. in order to avoid discriminating against zainab based on her religio
    14·1 answer
  • Say that Thailand has a workforce of 35,709,487 people, each of whom earns an average salary of (equivalent USD) $8,630 annually
    13·2 answers
  • Identifying the needs a business will address is a good example of the _______ of the organization.
    15·2 answers
  • Which of the following statements is true of direct ownership? It allows transfer of power and management to firms in host count
    15·1 answer
  • Felicia knits scarves and sells them to her friends. The first week, she knits four scarves and sells three for $50 each. The ne
    15·2 answers
  • Naira is a consumer research and market analyst. She prepares questionnaires that are designed to identify a consumer's distingu
    11·1 answer
  • Reynold's Company has a product with fixed costs of $309,000, a unit selling price of $24, and unit variable costs of $21. The b
    5·1 answer
  • Your parents put $300 into an account paying 11 percent interest for you when you were ten. Ten years later they tell you that y
    9·1 answer
  • During March, the production department of a process operations system completed and transferred to finished goods 20,000 units
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!