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Effectus [21]
2 years ago
8

Why does the quantity a supplier is willing to give go up when the price goes up

Business
2 answers:
aleksandrvk [35]2 years ago
8 0
Because of supply and demand. More demand for a product makes the price go and and the supplier gives more because they get more
Volgvan2 years ago
5 0
Supply and demand it’s simple
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1. If you were a manager conducting a job interview to applicants and you encountered the following querries
Fudgin [204]

AnsjoNOnondxw

Explanation:

dqfewgrjhfj

4 0
2 years ago
For each of the following costs incurred in a manufacturing firm, indicate whether the costs are most likely fixed (F) or variab
Murrr4er [49]

Answer:

a. Depreciation on the building for administrative staff offices. (F) (P)

b. Cafeteria costs for the factory. (F) (M)

c. Overtime pay for assembly workers. (V) (M)

d. Transportation-in costs on materials purchased (V) (M)

e. Salaries of top executives in the company. (F) (P)

f. Sales commissions for sales personnel (V) (P)

g. Assembly line workers' wages (V) (M)

h. Controller's office rental. (F) (P)

i. Administrative support for sales supervisors (F) (P)

j Energy to run machines producing units of output in the factory. (V) (M)

Explanation:

Fixed Cost (F): Fixed cost is cost which is fixed and does not vary on the basis of production.

Variable Cost (V): Variable cost is cost which is not fixed and varies on the basis of production i.e. with the change in production, it also changes.

Product Cost (M): Product cost is a direct cost which is attributable directly in the creation of the product such as Direct Material, Direct Labour, etc.

Period Cost (P): A period cost is associated with the passage of time and is not included in the product cost, and is treated as an expense.

8 0
3 years ago
Markland Manufacturing intends to increase capacity by overcoming a bottleneck operation by adding new equipment. Two vendors ha
Anna11 [10]

Answer:

                                             Break-event point

Product A                                      6,000 units

Product B                                      6,250 units

Explanation:

<em>The break-even point is the level of activity that a business must operate to equate total revenue to total cost . At the break even point, the business makes no profit or loss., and the total contribution is equal to total fixed cost</em>

<em>The break-even point is calculated as follows:</em>

Total general fixed cost/(selling price - variable cost)

Break-even point = 60,000/(22-12)=6000  units

Product B

Beak-even point = 75,000/(22-10)=6250  units

                                          Break-event point

Product A                                      6,000 units

Product B                                      6,250 units

4 0
3 years ago
When employers who self-fund their employee benefits form a larger group in order to offer health insurance benefits to each emp
neonofarm [45]

Answer:

Multiple Employer Welfare Association

Explanation:

A multiple employer welfare association (MEWA) is formed by at least 10 employers who want to lower the tax implications of providing life insurance benefits to their employees.

The whole group combines their contributions into a self-contributing health insurance plan that benefits their employees.

MEWAs are usually formed by small companies, since large corporations with tens of thousands of employees can do the same but on their own without needing other companies.

7 0
3 years ago
Which of the following best describes why the aggregate demand curve is downward sloping?
BlackZzzverrR [31]

Answer: c. An increase in the aggregate price level causes consumer and investment spending to fall because consumer purchasing power decreases and money demand increases.

Explanation:

The Aggregate Demand (AD) curve is used to measure the impact that price level has on the expenditure in the economy.

The AD comprises of Investment, Consumption Spending, Government spending and Net Income.

When prices are high, households will spend less as they cannot afford to spend a lot which will reduce consumption spending.

Another result of a high price level is that people will have less money to save and so there will be a lower supply of loanable funds.

Both of these components of the AD reduce when prices increase and vice versa. This is why the AD is downward slopping.

3 0
3 years ago
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