1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
alukav5142 [94]
3 years ago
15

Why are the incentives of a supplier the opposite of the incentives of a demander

Business
1 answer:
antiseptic1488 [7]3 years ago
4 0

Answer:

The incentives of a supplier are the opposite of the incentives of a demander because it is a relationship whose nature makes supply and demand inversely proportional to each other: the higher the supply, the lower the demand for each product and the lower its price; While the lower the supply, the greater the demand for each product and the higher its price. Thus, in many cases, suppliers seek to restrict supply to maximize profits, while demanders seek to lower prices through a greater quantity of goods offered.

You might be interested in
A manufacturing company has a beginning finished goods inventory of $27,300, cost of goods manufactured of $57,500, and an endin
Vaselesa [24]

Answer:

$58,200.

Explanation:

We use the inventory identity to solve for COGS

$$Beginning Inventory + Production = Ending Inventory + COGS

Beginning Inventory  27,300

Production  57,500

Ending  26,600

27,300 + 57,500 = 26,600 + COGS

COGS = 27,300 + 57,500 - 26,600

COGS = 58,200

6 0
3 years ago
f a society decides to produce consumer goods from its available resources, it is answering the basic economic question,
barxatty [35]
The correct answer is what to produce. 

And please be sure to properly structure your sentence next time.
7 0
3 years ago
Gullett Corporation had $37,000 of raw materials on hand on November 1. During the month, the Corporation purchased an additiona
Vlada [557]

Answer: See explanation

Explanation:

The journal entry to record the purchase of raw materials is analysed below:

November:

Dr Raw materials $86000

Cr Cash or account payable $86000

It should be noted that as the raw material is increasing, the raw material account will be debited while as the cash or account payable I decreasing, it is credited.

8 0
3 years ago
An agent is selling a new issue of a non-exempt security to a customer. In order to make it easier for the customer to understan
V125BC [204]

Answer: b. This action is a violation of the Uniform Securities Act

Explanation:

Most terms people carry out in doing business is a breach on the policies of the other party and which is not healthy for the business society, clients should get to understand when they are crossing the line in carrying out task and do the right thing, violations can lead to law enforcement which would not be pleasurable for the party involved.

7 0
3 years ago
Which of the following is NOT a career within the Food and Beverage Services Pathway? Maître d’ Baker Brewer Event planner
Paul [167]

Answer:

Answer d

Explanation:

Maitre d  is a person at a restaurant that welcomes guests and shows them their seats. He makes sure everything runs swiftly and is often referred as the Head Waiter, as he is also in charge of all other services in the restaurant and monitors the work of other staff, like the waiters. Event planner on the other hand is a career within recreations, amusement and attractions sector.

4 0
3 years ago
Other questions:
  • In the field of personal selling, persuasion:
    10·1 answer
  • A producer of medical devices makes a single model that can be customized to talk in and display any of 47 different languages.
    15·1 answer
  • If you are trying to move your audience to do something, you should choose which organizational style?
    13·1 answer
  • On December 29, 2020, an employee received a $5,000 check from her employer's client. The check was payable to the employer. The
    8·1 answer
  • Skylar is the owner of Pirate Pizza Bus, a popular food truck. The food truck was so successful that she decided to open a brick
    7·1 answer
  • The December 31, 2018, balance sheet of Justin’s Golf Shop, Inc., showed current assets of $1,085 and current liabilities of $90
    12·1 answer
  • Hygdye218 Corporation has two divisions: the Domestic Division and the Foreign Division.The Hygdye218 Corporation's net operatin
    13·1 answer
  • is Company uses an ABC system. Which of the following statements​ is/are correct with respect to​ ABC? I. All cost allocation ba
    7·1 answer
  • Which statement is true?
    15·1 answer
  • Roderigo has just finished paying back his $8,575 unsubsidized stafford loan, which he took out to fund his four-year degree. th
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!