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3 years ago

What helps a consumer determine the quantity of something to buy?

Business

2 answers:

icang [17]3 years ago

4 0

Answer:

marginal cost

Explanation:

"Marginal cost" plays a role when it comes to the quantity that consumers may actually buy for a particular product. If a company decides to produce many bags of good quality at a lower price, the company will be able to save money because over time, they will tend to choose a bulk purchase in which they'll be able to save money. Thus, their marginal cost will decrease. In this case, they can also lower the price for each bag. So, this means that their bags will not be expensive for consumers to buy and the more quantity the consumers will be willing to purchase.

Molodets [167]3 years ago

3 0

Answer:

marginal benefit

Explanation:

consumers are most likely going to buy something with value

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Required: Journal entry

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Answer:

If a cheque was being issued to settle a account payable, the relevant entry is to debit the accounts payable account to show that the debt is being reduced. You will then credit the cash account to show that cash is being reduced as well because it was used to pay off the debt.

Date Account Title Debit Credit

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3 years ago

Suppose that the price of flour used to produce bagels increases. Hence the equilibrium price of a bagel ________ and the equil

Anon25 [30]

Answer:

Increase , increase

Explanation:

A decrease in the supply of a product increases in its price. Reduced supply means many buyers competing for the few available products. The prices of goods or services are determined by the intersection of the demand and supply curves. There is an indirect relationship between supply and price of quantity supplied when demand is constant. A reduced supply results in high prices while an increase in supply causes low prices.

As prices increase, suppliers will want to supply more to make profits. Constant demand and a high price will thus lead to an increase in equilibrium quantity.

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Why does a website or service need branding?

gregori [183]

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3 years ago

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On May 3, 2020, Cheyenne Company consigned 90 freezers, costing $480 each, to Remmers Company. The cost of shipping the freezers

Viktor [21]

Answer and Explanation:

The computation is shown below;

Inventory Unsold in Hand (90-45) 45

Unit cost Unsold (45 × 480) $21,600.00

Shipping cost on Unit Unsold (850 ÷ 90 × 45) $425.00

Value of Inventory (21600 + 425) $22,025.00

Sale value (45 × 780) $35,100.00

Less: Cost

Unit cost Sold (21600+425) -$22,025.00

Comission of Consignee (35,100 × 6%) -$2,106.00

Advertising cost -$210.00

Installation cost -$330.00

Net Profit $10,429.00

Sale value (45 × 780) $35,100.00

Less: deduction made by consignee

Comission of Consignee (35100 × 6%) -$2,106.00

Advertising cost -$210.00

Installation cost -$330.00

Net Remittance made by consignee $32,454.00

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3 years ago

Matt owns a machine shop. In reviewing the shop's utility bills for the past 12 months, he found that the highest bill of $2, 70

Lady bird [3.3K]

Answer:

The variable rate is 0.4 $/machine-hour.

The equation fot the utility bill is $C(M)=0.4*M+2180$ .

If Matt anticipates using 1200 machine hours in January, his utility bill will be $ 2660.

Explanation:

We have two points in the year that will let us calculate the fixed utility cost and the variable utility cost.

We will end up with a equation of a line, like this

$C(M)=v*M+F$

Where C (M) is the total utility cost, v is the variable utility cost per machine hour, M are the machines running hours and F is the fixed utility cost.

We have two unknowns and two equations, so it can be solved.

First we can substract the two bills (the highest and the lowest) and equal that to the equation of the line we described

$(2700-2500)=C(1300)-C(800)=(v*1300+F)-(v*800+F)\\\\200=v*1300+F-v*800-F=500*v\\\\v=200/500=0.4$