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3 years ago

The availability of a commodity is referred to as its

Business

1 answer:

KiRa [710]3 years ago

5 0

Answer:

supply.

Explanation:

Supply is the volume or quantity of a product that is available for customers to buy. It is what suppliers have presented in the markets for sale. As per the supply law, an increase in prices will lead to an increase in the quantity supplied.

There can be a shortage, excess, or equilibrium supply. A short supply or shortage is when the available products cannot meet the current market demand. An excess or surplus supply is when the available quantity is more than the market requires. At equilibrium, the supply matches the market demand.

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Suppose interest rates in the UK fall. This will affect the side of the foreign exchange market and cause exchange rates to

maw [93]

A fall in the interest rates in the UK, would cause the exchange rate of the UK to decline.

<h3>What is the impact of a fall in interest rate on exchange rate?</h3>

Exchange rate is the rate at which one currency is exchanged for another currency. Interest rate is the return earned by investors for allowing business owners use their funds.

When interest rate declines, the return earned by investors would fall. This would discourage investors from investing. This would lead to a decline in the demand for the UK currency. This would depress the exchange rate.

To learn more about exchange rate, please check: brainly.com/question/25780725

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2 years ago

Joseph wants to open up a skateboard shop with his cousin Billy. He would like for them to own and operate the shop equally. Wha

Olegator [25]

This would be a general partnership because both parties are responsible equally.

6 0

3 years ago

Read 2 more answers

What factors do u look at when which loan is best for you

sergiy2304 [10]

When I don't have money and I know that I can pay in future, if I am not sure that I can pay in future it's not worth full to take loan

4 0

2 years ago

Elfalan Corporation produces a single product. The cost of producing and selling a single unit of this product at the company's

kolezko [41]

Answer:

Effect on income= $68,580 increase

Explanation:

<u>Because it is a special order, and there is unused capacity, we will not take into account the fixed costs. Only the variable ones.</u>

<u>First, we need to calculate the unitary cost:</u>

Unitary cost= 46.1 + 8.8 + 1.8 + 1.3

Unitary cost= $58

<u>Now, the effect on the income of accepting the offer:</u>

Effect on income= 2,700*(83.4 - 58)

Effect on income= $68,580 increase

8 0

3 years ago

A company has advance subscription sales totaling $45,000 for the upcoming year when four quarterly journals will mailed to cust

riadik2000 [5.3K]

Answer:

Debit Unearned Revenue $11,250

Credit Sales $11,250

Explanation:

B. It is an income for the company. Prepaid subscription is an expense for the company. Therefore, it is incorrect.

C. It is contradictory as the company already recorded the first quarter transaction. Therefore, Unearned revenue should be debit. So, it is also incorrect.

D. According to the revenue recognition, revenue is recognized when they are earned. Therefore, the company acquired the cash when the company received last year. So, it is incorrect.

E. Again, cash cannot be credit. Therefore, it is incorrect.

A is the correct answer. As, when the company received the payment, unearned revenue was credit. As the income is now recorded for the first quarter, $(45,000/4) = $11,250 of unearned revenue becomes earned. So, it is debit. Since it is a sale of a company, the sale becomes credit.

3 0

3 years ago