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3 years ago

What is a commodity?

Business

2 answers:

andrezito [222]3 years ago

6 0

Answer:

a raw material or primary agricultural product that can be bought and sold, such as copper or coffee. Or It Can Be a useful or valuable thing, such as water or time.

Explanation:

Musya8 [376]3 years ago

5 0

Answer:

A commodity is an economic good that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced

I Hope this Helps<3

Explanation:

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Tandy Company was issued a charter by the state of Indiana on January 15 of this year. The charter authorized the following:

Anastaziya [24]

Answer and Explanation:

The preparation of the stockholder equity section is presented below:

Tandy Company

Balance Sheet (Partial)

Stockholders Equity :

Contributed Capital :

Common stock (21,900 shares × $6) $131,400

Preferred stock (5,000 shares × $13) $65,000

Additional Paid in Capital - Common stock (21,900 shares × $20) $438,000

Additional Paid in Capital - Preferred stock (5,000 shares × $17) $85,000

Total Contributed Capital $719,400

Add: Retained Earnings $41,600

Total Stockholders Equity $761,000

4 0

3 years ago

Which of the following best describes the concept of elastic demand?

Trava [24]

------------------elasticity of demand measures the sensitivity of the quantity demanded to changes in the price

4 0

3 years ago

Taylor needs a natural resources in his venture to make his enterprise possible. Which of the following isn't considered a capit

Rina8888 [55]

Answer:

The factors of production typically include land, labor, capital, entrepreneurship, and the state of technological progress.

Explanation:

In economics, capital typically refers to money. But money is not a factor of production because it is not directly involved in producing a good or service.

Instead, it facilitates the processes used in production by enabling entrepreneurs and company owners to purchase capital goods or land or pay wages. For modern mainstream economists, capital is the primary driver of value.

8 0

3 years ago

Choice is the largest employer in the Pacific Northwest. It is covered by numerous federal employment laws. As such, it is requi

hichkok12 [17]

Answer:

C) twelve weeks of unpaid family or medical leave during any twelve-month period.

Explanation:

The Family and Medical Leave Act of 1993 provides employees with temporary medical leave when:

their child is born (or they adopt a child) and they must take care of him/her
if their spouse (husband or wife), child under 18, or parent has a serious health condition
when the employee himself/herself has a serious medical condition and cannot work

5 0

3 years ago

The Cole Beverage Company (CBC) has a soft drink product that has a constant annual demand of 3,600 cases per year. A case of th

skad [1K]

Answer:

a. 480

Explanation:

The computation of the economic order quantity is given below:

$EOQ = \sqrt{\frac{2\times annual \ demand \times ordering\ cost }{carrying \ cost}} \\\\= \sqrt{\frac{2\times 3600\times \$32}{\$1} }$

= 480 units

The carrying cost could be determined below:

= $4 × 25%

= $1

hence, the carrying cost is $1

Therefore the economic order quantity is 480

Thus, the correct option is a.

7 0

2 years ago