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
Nimfa-mama [501]
3 years ago
13

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.

You might be interested in
regarding references what are some things to keep in mind when creating a reference list for a potential employer
alekssr [168]

When you are creating a references list, you want to make sure that the people you list can speak to your abilities, that they will speak favorably of you and your work, and that they are willing to serve as a reference.

4 0
3 years ago
Read 2 more answers
The following information is available for the first year of operations of Engle Inc., a manufacturer of fabricating equipment:
FromTheMoon [43]

Answer:

Consider the following calculations

Explanation:

Step 1. Given information

  • Sales $7,270,000
  • Gross profit 1,450,000
  • Indirect labor 330,000
  • Indirect materials 195,000
  • Other factory overhead 90,000
  • Materials purchased 5,100,000
  • Total manufacturing costs for the period 6,170,000
  • Materials inventory, end of period 480,000

Step 2. Calculation according to the following formulas.

a. Cost of goods sold = Sales-Gross profit = 7270000-1450000= $582000

b. Direct materials cost = 5100000-195000-480000= $4425000  

c. Direct labor cost = 6170000-4425000-330000-195000-90000= $1130000

7 0
4 years ago
The maximum amount of a product that sellers are willing and able to provide for sale over a relevant range of prices, holding a
Vera_Pavlovna [14]

Answer:

SUPPLY

LAW OF SUPPLY

Explanation:

Supply is the buyer's ability & willingness to sell at a given price, period of time.

Law of Supply states : Positive relationship between price & quantity demanded, other factors remaining constant. It implies higher price increases supply, lower price decreases supply (other factors same)

3 0
3 years ago
The Starr Co. just paid a dividend of $1.85 per share on its stock. The dividends are expected to grow at a constant rate of 4 p
Natasha2012 [34]

Answer:

Explanation:

Last dividend = $1.85 (D0)

growth rate = 4% (g)

Current year dividend (D1) = 1.85*(1+0.04) = $1.924

r = 12%

Current price = D1/(r-g) = 1.924/(0.12-0.04) = 24.05

Price in 3 years = D4/(r-g) = D0*(1+g)^4/(r-g) = 1.85*1.04^4/0.08 = $27.0529792

Price in 14 years = D14/(r-g) = D0*(1+g)^15/(r-g) = 1.85*1.04^15/0.08 = $41.647

7 0
4 years ago
Define return economics.​
lianna [129]

Answer:

also known as a financial return, in its simplest terms, is the money made or lost on an investment over some period of time. A return can be expressed nominally as the change in dollar value of an investment over time.

Explanation:

4 0
3 years ago
Other questions:
  • When comparing and weighing alternatives during ethical decision-making in business, we should focus on the firm and its stakeho
    15·1 answer
  • Ethics is a hot topic in business, as well as in Project Management. Using some of the examples presented therein, what kinds of
    8·1 answer
  • Assume a nominal interest rate on one-year U.S. Treasury Bills of 2.60% and a real rate of interest of 1.00%. Using the Fisher E
    9·1 answer
  • Micropreneurs are exempt from the local ordinances that restrict home-based businesses from operating in residential areas.
    13·1 answer
  • An investment adviser that is a sole proprietor finds that its net worth (net capital) has fallen below the minimum requirement.
    5·1 answer
  • Explain what a trade war is.
    13·1 answer
  • The terms of trade can take on any value Group of answer choices above the seller's opportunity cost. below the seller's opportu
    8·1 answer
  • What is the business?
    7·1 answer
  • (NOT FULLY BUSINESS THIS IS THE CLOSEST I COULD GET) A concept map can help in understanding difficult material by
    7·2 answers
  • Say’s law argues that a given ____________________ must create an equivalent ________________________ somewhere else in the econ
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!