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Amiraneli [1.4K]
3 years ago
9

Type the correct answer in the box. Spell all words correctly.

Business
1 answer:
kogti [31]3 years ago
8 0

Answer:

Supply is dependent on factors like the cost of production and other aspects. The law of supply states that if everything else remains constant and the product price increases, then there will be a(n) <u>INCREASE</u> in the quantity of the product that producers are willing and able to produce.

Explanation:

The law of supply basically states that if the price of a good or service increases, the quantity supplied should increase. On the other hand, the law of demand states the opposite, as the price of a good decreases, the quantity demanded will increase. The equilibrium point is where both the supply and demand curve intersect.

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19. A share of ownership in a company is known as which of the following? Stock Investment Rebate Bond
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the answer is a stock

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investment is </span><span>the action or process of investing money for profit or material result

a rebate is </span><span>a partial refund to someone who has paid too much money for tax, rent, or a utility

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Answer:

B. The PPF is a straight line because of the opportunity cost of the two goods is constant.

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Delicious Coffee Company hires Elton to sell Delicious’s products in a certain area. Delicious agrees to pay Elton a salary, plu
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Answer:

The control Delicious has over the details of the work

Explanation:

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In the given case, Delicious coffee company has hired Elton to sell products in an area and have determined his compensation in the form of salary, commission and other benefits.

Also the terms of selling by which Elton must abide by have been mutually agreed upon between the parties.

The key factor which determines that Elton is Delicious's employee is governed by the extent of control Delicious (Employer) exercises over the details of his work i.e how the employer controls his work and tasks.

The key factor would also be reflected in Elton's acts relating to his performance of the job.

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Answer:

A. more information should be gathered before deciding on which project, if either, is desirable.

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