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3 years ago

How do you changing prices affect supply and demand?

Business

1 answer:

Feliz [49]3 years ago

5 0

Answer:

Increased prices typically result in lower demand, and demand increases generally lead to increased supply. However, the supply of different products responds to demand differently, with some products' demand being less sensitive to prices than others.

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Which of the following is an example of the effective use of email communications? When sending an email, Jake avoids using a d

hichkok12 [17]

Answer:

When sending an email, Ellis restates the subject in the body of the message.

Explanation:

Email has some standard guidelines for preparing the email.

It includes that the subject shall also be defined again in the descriptive area, where entire content of email is discussed.

There must be a descriptive line showing the purpose of email.

There shall be supportive subject for the description of email.

If the email has some quantitative data then it shall be summarized using graphs, pictures etc:

In a single email, least topics shall be discussed as that will not confuse the reader, and will be logical, towards the response for such email.

4 0

4 years ago

Colorado Rocky Cookie Company offers credit terms to its customers. At the end of 2016, accounts receivable totaled $720,000. Th

Yuki888 [10]

Answer:

Journal

Date Account Titles and Explanation Debit Credit

Allowance for uncollectible accounts $30,500

Accounts Receivables $30,500

(To write off uncollectibles during the year)

Journal

Date Account Titles and Explanation Debit Credit

Account receivables $3,100

Allowance for uncollectible accounts $3,100

(To reinstate receivables written off earlier)

Journal

Date Account Titles and Explanation Debit Credit

Cash $3,100

Account receivables $3,100

(To record the recovery of bad debts)

Journal

Date Account Titles and Explanation Debit Credit

Bad debt expenses $48,000

Allowance for uncollectible accounts $48,000

(To record bad debts expenses)

<u>Workings</u>

Closing allowance = Opening allowance - Receivables written off + Receivables reinstated = $51,000 - $30,500 + $3,100 = $23,600

Expenses Bad debt = Receivables at the end of 2016 * Estimated percentage = $720,000 * 10% = $72,000

Allowance to be created = Estimated bad debts - Balance of Allowance at year end = $72,000 - $23,600 = $48,400

4 0

3 years ago

blake wanted to offer high-quality meals in his restaurant. his motto was "the best darn meat and potatoes for miles around." th

Natali5045456 [20]

Blake wanted to offer high-quality meals in his restaurant. His motto was "the best darn meat and potatoes for miles around." the locals agreed that the food was good.

They also agreed that if you decided to eat there, be prepared to wait. food preparation and service were slow. although blake’s motto stated the business’s competitive advantage, your accurate advice to blake would be the winning competitive advantage is one that addresses quality and service.

A competitive advantage is what sets a company apart from its competitors, in the eyes of its consumers. These advantages allow a company to achieve and maintain superior margins, a better growth profile, or greater loyalty among current customers. A competitive advantage is often referred to as a “protective moat.”

There are three fundamental strategy options open to firms for attaining a competitive edge, according to Porter's Generic Strategies model. Cost leadership, differentiation, and focus are these.

Learn more about competitive here:

brainly.com/question/15143240

#SPJ4

5 0

2 years ago

Car manufacturers try to encourage drivers to buckle their seat belts through the use of reinforcement. As you know, if you star

jeyben [28]

Answer:

A. Escape Learning

B. Avoidance Learning

Explanation:

A. You are escaping the annoying sound once you hear it.

B. You are avoiding the sound altogether by buckling before starting the car.

8 0

3 years ago

charmaine earns $11 an hour at her parttime job. show that the relationship between the amount she earned and the number of hour

AURORKA [14]

Answer:

y = 11 x

Explanation:

The relationship between two variables x,y is said to be a proportional relationship if the ratio between the values of the two variables is constant:

$\frac{y}{x}=k$ (3)

where k is the a constant value valid for all pairs (x,y).

In this problem, we are told that Charmaine earns $11 per hour. Here we call:

y = amount of money earned

x = time

We can see that the relationsip between x and y is proportional. In fact:

- after 1 hour, Charmaine has earned $11 (1)

- after 2 hours, Charmaine has earned $22 (2)

.. and so on

For (1), we find

$\frac{y}{x}=\frac{11}{1}=11$ so k = 11

For (2), we find

$\frac{y}{x}=\frac{22}{2}=11$ so k = 11

So, k = 11 for every pair (x,y), so the two variables have proportional relationship.

Moreover, we can write an equation that relates the two variables re-arranging eq.(3).

$y=kx\\\rightarrow y=11x$

6 0

3 years ago