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Kaylis [27]
3 years ago
9

Describe a real or made up but realistic example of a product that went through a time of scarcity, when demand was greater than

the supply. What is the product, and why do you think it became scarce? What happened to the price of the product when it was scarce? (3-6 sentences. 2.0 points)
Business
2 answers:
Rasek [7]3 years ago
7 0

Answer:

An example of a product going through scarcity is when heavy rainfall and flooding destroy crops  because of which their supply is decreased, and because of this shortage their prices sky rocket or increase very fast.

Explanation:

Katena32 [7]3 years ago
5 0

Answer:

toilet paper!!! Right now places are running out of toilet paper and they are going out of stock so that causes the stores that still have them in stock to raise the prices high. For example, at Safeway a usual $5 toilet paper is now $13. So then when it is finally out of stock they’re gone for a bit.

Explanation:

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What sections make up a balance sheet? <br> Assets <br> Capital <br> Liabilities <br> Owner's Equity
PtichkaEL [24]

assets, liabilities, and equity.

7 0
3 years ago
E-Flix rents DVDs that are mailed out to customers upon demand. E-Flix has identified three activities involved in getting the v
bulgar [2K]

Answer:

b. $1.87

Explanation:

Number of order taking costs = $20,592

Number of orders = 187,200

Cost of activity

= $20,592 ÷ 187,200

= $0.11

The Statement of overhead allocated is given below:-

Number of orders = 17

Cost per activity = $0.11

Cost

= 17 × $0.11

= $1.87

Therefore, the overhead is applied to the Tucker family account for order taking costs $1.87

8 0
3 years ago
Cynthia works as a salesperson at an apparel showroom. A week ago, she met a customer who stated that a particular dress was qui
olasank [31]

Answer:

Assumptive close

Explanation:

  • Discount means cut off price

\boxed{\sf Discount=Sold\:Price-Cost\!Price}

Or simply

\\ \sf\longmapsto Discount=S.P-C.P

8 0
3 years ago
3. Based on sales, what products do customers want? How accurately did the
PilotLPTM [1.2K]

Answer: Market survey

Explanation:

One of the ways to determine what customers want is my doing s survey. A survey would guide you through what they want. One of the ways to do this survey to get accurate answers is through questionnaire's, questionnaire's could be sent through mobile or advert or mails, asking what exactly what the customers want, from the feedback, the owner can predict accurately.

5 0
2 years ago
Which kind of feasibility is concerned with whether the organization has the skills needed to properly apply a given technology
tino4ka555 [31]

Answer: technical feasibility

Explanation:

Technical feasibility shows how s company or an organization will deliver the goods and service to the customers. Technical feasibility is vital as companies will be able to know whether the technical resources that the company possesses will meet its capacity.

It should also be noted that technical feasibility is concerned with whether the organization has the skills needed to properly apply a given technology.

7 0
3 years ago
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