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DedPeter [7]
4 years ago
13

What two conditions must producers meet for there to be supply of a product?

Business
1 answer:
alukav5142 [94]4 years ago
4 0
<span>Supply is the quantity of a good or service that producers are willing and able to offer for sale at various prices. </span><span>The two conditions that must be met in order there to be supply of a product are:
1. Buyers must be willing for it 
2.Buyers must be able to pay for 
</span>The Law of supply states that <span>as the price of a good or service increases, the quantity supplied increases, and vice versa.</span>
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Answer:

A-she can deduct her mileage for driving from her home to her office at the professional suite

B-she can deduct her home office expenses

Explanation:

As a general rule of thumb, every expenses that incurred for business operation can be deducted from your taxes.  This rule can still applicable even if you're working from your home.

A car mileage <u>can only be deducted according to the proportion that is used for work</u><u> </u> since it's considered as an expense that must incurred in order for Gwen to do her business.

Lunch money is considered as private consumption that does not related to her business operation.  This is why it's not tax deducible.

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4 years ago
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Answer:

The correct answer is have a low value-to-weight ratio.

Explanation:

Products that have low weight-value ratios (for example, coal, iron ore, bauxite and sand) also have low storage costs but high movement costs as a percentage of their sales price. Inventory management costs are calculated as a ration of the value of the product. Low product value means low storage cost, since inventory management costs are the dominant factor in storage cost. When the value of the product is low, transport costs represent a high proportion of the sale price.

Consequently, companies that deal with products of low value for weight frequently try to negotiate more favorable transport rates; rates are generally lower for raw materials than for finished products of the same weight.

6 0
4 years ago
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What term refers to the knowledge, education, training, skills, and expertise of a firm's workers?
makkiz [27]
<span>Human capital is the term that refers to the knowledge, education, training, skills, and expertise of a firm's workers.
</span>Gary Becker, an economist from the University of Chicago has popularized this term. <span> The human capital includes assets of individuals that can be used to create economic value for the individuals, their employers, or their community: </span>
7 0
3 years ago
You are on your daily jog when a car negligently pulls in front of you. Unable to stop, you run
babymother [125]

Answer:

<u>medically speaking, Yes!</u>

Explanation:

Since the scenario only <em>involves the individual running into the car, not the car hitting the individual</em>; meaning that he'll have less severe injuries.

To be able to recover from the harm done, the individual may need first aid treated.

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3 years ago
How do you say no .....without saying no in PERSON?
san4es73 [151]

Answer:

You can say it through a text, a phone call, an email, or a letter.

Explanation:

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3 years ago
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