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kenny6666 [7]
3 years ago
15

The concept of demand is best described as the quantity of a good or a service that people will offer for sale at different poss

ible prices. the additional satisfaction derived from a quantity of goods and services obtained when income increases. the total satisfaction that consuming a good provides people at different prices. the quantity of a good or service that consumers will substitute when the price of a good changes.
Business
1 answer:
Igoryamba3 years ago
7 0

Answer:

the quantity of a good or a service that people are willing and able to purchase at different possible prices.

Explanation:

The demand concept would be refer to the various quantity amount in which the people are willing and able to buy at various prices so the demand concept deals with the goods or service quantity in which the purchaser would purchase at various prices that can be possible

Hence, the above represent the answer

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Rehmer Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.06 direct labor
Phoenix [80]

Answer:

Results are below.

Explanation:

Giving the following information:

Each unit of output requires 0.06 direct labor-hours.

The direct labor rate is $8.00 per direct labor-hour.

The production budget calls for producing 5,300 units in June and 5,800 units in July.

<u>Direct labor budget June:</u>

Direct labor hours= 5,300*0.06= 318

Direct labor cost= 318*8= $2,544

<u>Direct labor budget July:</u>

Direct labor hours= 5,800*0.06= 348

Direct labor cost= 348*8= $2,784

3 0
3 years ago
Why might these sources of individual values not prove very helpful when making complex business decisions
Blababa [14]

Answer:

The first part of the question is missing:

"We all learn values from sources such as family, religion, and school. Why might these..."

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But many times, not everyone wins. E.g. you manage a construction company and you will bid for a project, hopefully you will win and make money, but others will lose. Empathy is good for marketing, but very bad for finances.

When thousands of jobs are replaced not by Chinese workers, but instead by computers and robots, it's just bad luck for the unemployed. When large stores like Sears go bankrupt while Amazon surges, good for Amazon, bad for Sears.

5 0
3 years ago
A television advertisement shows several teenagers searching through the refrigerator for something to satisfy their hunger. The
Andre45 [30]

Answer:

The answer for the first blank is needs, the second blank is preferences.

Explanation:

The need for sustenance is a primary drive for all living creatures, including humans. The advertisement shows this by casting hungry teenagers who are seeking to fulfill this drive. Since the company producing this advertisement sells Hot Pocket, they wanted to associate ‘fulfilling the hunger drive’ with their product. That way, customers who view this advertisement are more likely to choose Hot Pocket compared to its competitors.  

7 0
3 years ago
David needed money for some unexpected expenses, so he borrowed $3,695.17 from a friend and agreed to repay the loan in five equ
Nataly_w [17]

Answer:

11% is the implied interest.

Explanation:

3 0
3 years ago
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Jared, the operations head at Cerise Confectionery, showed gratitude to his employees by hosting an employee appreciation day. I
Art [367]

Answer:

Leading is the correct answer.

Explanation:

Leading is a process of influencing, directing and guiding a people of an organization to show them a direction.

Leading is the function that is carried out in the management process to motivate the employees to reach the organizational objectives.

Thus leading create a positive attitude among the people working in the organization.

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