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Leto [7]
3 years ago
7

Describe the relationship between supply and demand in your own words

Business
1 answer:
Tanzania [10]3 years ago
5 0

Answer:

Supply: In economic terms, supply is the amount of resources or products that are provided by the company or an organization to the public or the targeted marketed. For example a toy making company would be providing toys to people with children, who are in need of toys.

Demand: It is an economic concept that states the need of a product or service. People or organizations have needs which are fulfilled by products and services. For example, the need for toys of people with children is known to be their demand which is then fulfilled by companies.

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Which of the following is a good way to improve your credit score?
lbvjy [14]
A good way to improve your credit score is B) pay your bills on time 
4 0
3 years ago
Read 2 more answers
Healthy competition among businesses is good for consumers.<br><br> True or False
Ludmilka [50]

I say true because it seems like most likely answer.

5 0
3 years ago
Return to question Item 1 Item 1 In its first year of operations, Roma Company reports the following. Earned revenues of $65,000
AlladinOne [14]

Answer:

Cash basis accounting  (record accounting transactions only when the corresponding cash is received or payments are made)

Revenues (cash receipts)          $57,000

<u>Expenses ($27,250+$11,750)    $39,000 </u>

Net income                                 $18,000

Accrual basis accounting  (record accounting transactions for revenue when earned and expenses when incurred)

Revenues (earned)                     $65,000

<u>Expenses (incurred)                   $35,500 </u>

Net Income                                $29,500

6 0
3 years ago
Finance professionals make decisions that fall into three distinctive areas: corporate finance, capital markets, and investments
lianna [129]

Answer:

corporate finance

capital markets

investments

Explanation:

Corporate finance is a branch of finance that is concerned with how companies manage their sources of funds, capital structure and make investment decisions.

Ethan must make a decision on how to minimise cost so as to acquire more assets. the purchase of asset is an investment decision. the area of finance here is corporate finance.

Capital market is a market where buyers and sellers come together to buy and sell financial securities.

There are two types of capital markets :

  1. Primary market - new issues of stocks and securities are traded in this market.
  2. Secondary market -previously issued securities are traded in this market.

Radford is selling a newly issued common stock. He is engaged in the primary market of the capital market

Investment is an asset purchased that has the potential to increase wealth or income of the purchaser.

For example, the purchase of of securities has the potential to increase the wealth of the holder.

Aakash is involved in investment

3 0
3 years ago
Jerome, who files as head of household, received the following income: Wages (box 1 of Form W-2) $50,000; Interest income $1,000
Lady bird [3.3K]

Answer:

$51,022

Explanation:

Gross income is the aggregate of wages income, interest income, and FMV only.

Given that,

Wages (box 1 of Form W-2) = $50,000;

Interest income = $1,000;

Christmas ham (FMV) = $22;

DCB, box 10 of Form W-2 = $2,000 (Spent $1,500 for childcare)

Gross income:

= Wages + Interest + FMV

= 50,000 + 1,000 + 22

= $51,022

Therefore, the gross income must Jerome report is $51,022.

6 0
3 years ago
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