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
egoroff_w [7]
3 years ago
7

When there is excess supply (surplus) what will happen?

Business
2 answers:
tester [92]3 years ago
3 0

Answer:

If there is excess supply, then the price will fall.

Explanation:

More supply would reduce the demand and hence, price would adjust to meet the equilibrium between demand and supply

evablogger [386]3 years ago
3 0
A Market Surplus occurs when there is excess supply- that is quantity supplied is greater than quantity demanded. In this situation, some producers won't be able to sell all their goods. This will induce them to lower their price to make their product more appealing.
You might be interested in
Effective teams (1) function so well they create their own magnetism, (2) are interested in others' success as well as their own
MariettaO [177]

Answer:Only statements 1 and 2 are correct

Explanation: An effective team involves people who interact with each other to accomplish certain goals or meet certain needs. Team members work intensely with each other to achieve a specific, common goal or objective. This therefore attracts other people to them, that is magnetism. In as much as they look out to achieve their goals, they are also interested in others' success.

7 0
3 years ago
Read 2 more answers
Training provides opportunities for employees to develop the job-specific skills, experience, and knowledge they need to do thei
Oliga [24]
This is a true statement
3 0
3 years ago
Jennifer is a salesperson for a business insurance company. Recently she told several of her customers about new legislation tha
weqwewe [10]

Answer: Customer oriented.

Explanation:

The customers would see Jennifer as a customer oriented salesperson, who has the best motives for her customers. A customer oriented salesperson is very interested in making sure their customers succeed in achieving their goals.

8 0
3 years ago
Accepting a good-quality lot would be a _____.
fredd [130]

Accepting a good-quality lot would be a <u><em>correct decision.</em></u>

OPTION B "correct decision" is the right answer according to Acceptance Sampling model.

Utilized in quality assurance, acceptance sampling is a statistical method for measuring the reliability of a product or service. It enables a business to ascertain a batch's quality by randomly sampling from it. The standard of quality for the whole set of products will be assumed to be equal to that of the selected sample.

It is impossible for a corporation to constantly test every single one of its goods. It's possible there are too many to inspect efficiently or cheaply. Extensive testing could also compromise the product's quality or render it unmarketable. If a representative sample were tested, the results would be accurate without jeopardizing the rest of the production run.

Acceptance sampling is a method of quality control in which a representative sample of a product batch is tested and its quality is inferred from the results. Acceptance sampling is useful for quality control when implemented properly.

To know more about Acceptance sampling refer to:

brainly.com/question/28192251

#SPJ4

5 0
2 years ago
Mary Jane is a very conservative businesswoman by day. However, when she decides to "go out on the town," she likes to party and
amid [387]

Answer: have multiple selves

Explanation:

These multiple selves describes the different versions or possibilities of being. For example, one may decide to rebuke himself of a particular deed, the same person accepts his fault, feels sober and try to work things out all by himself. Here, he has exhibited the version of the one who blames, also as shown the version of the person who is to be blame, the version of the one who accepted his fault, feels sober and probably planning to turn a new leaf.

4 0
4 years ago
Other questions:
  • When a periodic inventory system is used a.both revenue and cost of goods sold are recorded each time a sale is made. b.only the
    15·1 answer
  • Jessica filled out her job application and is about to turn it in. In the “Position Applied for” box she wrote question marks, b
    6·2 answers
  • 1. According to Maslow's hierarchy of needs, a. ​individuals simultaneously try to satisfy all five levels of needs. b. ​self-ac
    8·1 answer
  • Macro Company owns five machines that it uses in its manufacturing operations. Each of the machines was purchased four years ago
    13·1 answer
  • Nabors Company reported the following current assets and liabilities for December 31 for two recent years:
    5·1 answer
  • Which of the following is covered under Section II of the Businessowners Coverage Form? A Watercraft Liability B Medical payment
    10·1 answer
  • An analysis that determines the degree to which a product or service idea appeals to potential customers and identifies the reso
    8·1 answer
  • According to the Full Disclosure Principle, all thins that can materially affect the financial status of the firm must be disclo
    5·1 answer
  • If two continental land masses converge and are united during continental drift, then the collision should bring about
    12·1 answer
  • Career question easy below :)
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!