Based on the graph that shows the change in the market for bicycles, the statement that explains the graph is The demand for bicycles increased due to news about the health benefits of exercise. The market price & quantity increased.
<h3>Which statement explains the supply and demand graph?</h3>
The question is not complete as the graph is not given. However, an answer can be formulated based on the laws of demand and supply.
The most likely option to be true is that the demand for bicycles increased due to news about its health benefits and then this led to the market price and quantity increasing.
This is because the increased demand for the bicycles would have drove the prices up. This would then have inspired suppliers to produce more bicycles thereby increasing bicycle quantity as well.
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Answer:
Correct Option is (A) U=min{2B,P}
Explanation:
The solution and complete explanation for the above question and mentioned conditions is given below in the attached document.i hope my explanation will help you in understanding this particular question.
Answer:
$94
Explanation:
The computation of the cost of the ending inventory using the FIFO method is shown below:
But before that first we have to determine the ending inventory units which is
= 7 units from A to G + 5 units from H to L + 6 units from M to R
= 18 units
And, 6 units are sold
So, the ending inventory units is 12 units
Now the ending inventory is
From last to beginning
= 6 units × $8.50 + 5 units × $7.50 + 1 units × $5.50
= $51 + $37.5 + 5.50
= $94
This is the answer but the same is not provided in the given options
Answer:
Cross-cutting issues include gender mainstreaming, community empowerment, sustainability, equity and inclusion, and social accountability.
Answer: Option B
Explanation: In simple words, retailing refers to the process in which an organisation makes their produced goods or serve to the end consumer efficiently. The retailing adds the value of the commodity by providing it to the end consumer more easily as everyone would not be able to collect the desired commodity directly from supplier.
Any business unit that is involved in the activity of purchasing the goods and selling the goods further for a margin is involved in retailing process. Retailer usually collects its inventory from the whole seller appointed by the producer.
