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3 years ago

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.

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Use the following information to determine the ending cash balance to be reported on the month ended June 30 cash budget.a. Begi

Wewaii [24]

Answer: $94,000

Explanation:

It should be noted that depreciation expense will not be included on the cash budget because it is non-cash. Therefore, the ending cash balance to be reported on the month ended June 30 cash budget will be:

Beginning cash balance on June 1 = $73,000

Add: Cash receipts from sales = $413,000

Less: Budgeted cash disbursements for purchases = $268,000

Less: Budgeted cash disbursements for salaries = $35,000

Less: Other budgeted cash expenses = $57,000

Less: Cash repayment of bank loan, $32,000

= $73,000 + $413,000 - $268,000 - $35,000 - $57,000 - $32,000

= $94,000

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3 years ago

To minimize current and future funding risks, program management offices use __________________ to project and track obligations

Natalka [10]

To minimize current and future funding risks, program management offices use spending plans to project and track obligations and expenditures. This system is used by companies to monitor its liabilities and expenses. Companies analyze the difference between the budgeted and the actual amount in this system. Thus, they can evaluate<span> and provide a better plan.</span>

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3 years ago

Suppose the country of Ceria and Lithinia imposed tariffs on imports from all countries, and then they set up a free trade area,

Tems11 [23]

Answer:

trade diversion

Explanation:

Trade diversion results from changing an efficient supplier or trading partner for a not so efficient trading partner. This change usually results from trade agreements or customs unions like NAFTA (or USMCA) or the European Union that benefit less efficient producers.

Trade diversion results in concentrating production in countries with high opportunity costs that do not possess real comparative advantages, but rather political advantages.

7 0

3 years ago

Mary exchanged an office building used in her business for some land. Mary originally purchased the building for $45,000, and it

Savatey [412]

Answer:

$24,000

Explanation:

The computation of the adjusted basis in the land after the exchange is shown below:

= Adjusted basis at the time of exchange + additional amount given

= $20,000 + $4,000

= $24,000

We simply added the Adjusted basis at the time of exchange and the additional amount so that the accurate value can come.

And the other information which is given in the question is not relevant. Hence, ignored it

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3 years ago

Telcom owns a phone network and provides phone network services to many consumers

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3 years ago