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creativ13 [48]
3 years ago
14

What is the principle of the law of supply?

Business
2 answers:
seropon [69]3 years ago
6 0

B. The higher the price, the larger the quantity produced.

Montano1993 [528]3 years ago
3 0

What is the principle of the law of supply?

B. The higher the price, the larger the quantity produced.

This is true because if the price is is high and the product is selling at a high price, more manufacturers want to make the product because they will get a larger return on investment. If a business is able to sell products at a higher price, they are more profitable long run and are more likely to succeed.

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A company's prime costs total $3,800,000 and its conversion costs total $7,800,000. If direct materials are $1,400,000 and facto
bonufazy [111]

Explanation:

Conversion costs = Direct labor + Factory overhead

7,800,000 = Direct labor + 5,400,000

Direct labor = $2,400,000

First option is the correct option.

I know this much only.

6 0
3 years ago
For each error below, indicate:
patriot [66]

Answer:

1. Inventory account will be affected and assertions of accuracy and valuation will be violated.

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3 years ago
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