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castortr0y [4]
3 years ago
12

true or false When prices increase, producers will tend to decrease the amount of goods or services that they desire to sell

Business
1 answer:
JulsSmile [24]3 years ago
6 0

Answer:

The answer is false

Explanation:

The quantity supplied is positively related with the price of goods and services unlike quantity demanded which is negatively related with the price of goods and services.

This means that the higher the price if a product, the higher the quantity supplied. This is si because producers will want to increase its revenue

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On July 1, Stan, a steel manufacturer, telephoned Byron and offered to sell Byron six carloads of steel at $600 a ton. Byron sai
Viktor [21]

<u>Explanation:</u>

In the given case it is valid contract as there is time, promise, benefit and obligation to do thing. But verbal contracts are difficult to prove. Stan and Byron have a verbal contract which is a promise for 10 days and the contract has exchange of goods for $600. Offer is made by Byron but the acceptance is not yet given by Stan.

Here only the offer is made and it is not yet accepted by Byron. here Stan has revoked the offer through letter so the revoke has been communicated to the other party through letter. So in this case there is no breach of contract as the contract was clearly revoked by Stan through his letter.

7 0
3 years ago
Sheridan Company began the year with retained earnings of $659000. During the year, the company recorded revenues of $600000, ex
Margarita [4]

Answer:

C. $737,500

Explanation:

The formula to compute the ending balance of retained earning is shown below:

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

= $659,000 + $220,000 - $141,500

= $737,500

The net income is calculated below:

= Sales revenues - expenses

$600,000 - $380,000

= $220,000

3 0
2 years ago
Why are many goods and services produced in a mixed market economy? A. labor unions are choir members to provide a selection of
ololo11 [35]
The answer is C because it’s decided by who owns the production.
6 0
3 years ago
The goal of recruitment is to obtain a pool of applicants large enough to contain a number of talented prospects. group of answe
Elan Coil [88]

The goal of recruitment is to acquire a pool of candidates massive sufficient to include some talented prospects. True

A purpose is an objective or goal that someone is making an attempt to attain or achieve. The goal is likewise the cease point of a race or something that a participant is trying to put an item into as a part of a game. purpose has other senses as a noun. A goal is an intention or objective that you work toward with attempt and determination.

Lifestyle goals are what we need to obtain, and they may be a lot more meaningful than simply 'what we need to accomplish to live to tell the tale. not like everyday routines or quick-time period targets, they drive our behaviors over the long term.

The definition of a goal is something you aspire to do or wish to do or an aim can refer to scoring a point in certain sporting events. An instance of aim is you decide which you need to get out of debt. An example of aim is whilst you get the p.c. into the opposing crew's net in hockey.

Learn more about goal here: brainly.com/question/1512442

#SPJ4

4 0
1 year ago
Pedregon Corporation has provided the following information:
Ulleksa [173]

Answer:

$22,750

Explanation:

Data provided

Fixed manufacturing overhead = $16,500

Units produced = 5,000

Variable manufacturing overhead = $1.25

The computation of the total amount of manufacturing overhead cost is shown below:-

Manufacturing overhead = Fixed manufacturing overhead + Variable manufacturing overhead

= $16,500 + (5,000 × $1.25)

= $16,500 + $6,250

= $22,750

5 0
3 years ago
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