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3 years ago

What are some factors that would influence supply? Explain

Business

1 answer:

lakkis [162]3 years ago

6 0

Answer:

Some of the factors that influence the supply of a product are described as follows:

i. Price: ...

ii. Cost of Production:

iii. Natural Conditions:

iv. Technology:

v. Transport Conditions:

vi. Factor Prices and their Availability:

vii. Government's Policies:

viii. Prices of Related Goods

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Explain how maintaining a provision for doubtful debts is an application of the principle of Matching

erica [24]

Answer: The Matching Principle says that we should recognize expenses in the same period that it has helped generate revenue. Thus, recognizing an allowance for doubtful debts for the year resulting from sales would satisfy that principle.

Explanation:

4 0

3 years ago

Acme, Inc., incurs the following costs during May:

chubhunter [2.5K]

Answer:

Particulars Amount

Raw material used $18,600

Add: Direct labor $26,600

Overhead costs

Factory supplies $3,100

Plant depreciation $6,800

Indirect labor $8,600

Utilities ($10,600*80%) $8,480

Total overhead cost $26,980

Total manufacturing costs $72,180

8 0

3 years ago

which of the following consumer credit acts examines lenders’ practices regarding race, religion, national origin, color, gender

photoshop1234 [79]

The Consumer Credit Acts which examines lenders’ practices regarding race, religion, national origin, color, gender, marital status, or age is the:

Equal Credit Opportunity Act (ECOA)

According to the given question, we are asked to show the Consumer Credit Acts which examines lenders’ practices regarding race, religion, national origin, color, gender, marital status, or age

As a result of this, we can see that the Consumer Credit Act which has the job of enforcing the consumer protection so that people would not be denied credit based on their gender, age, race, religion, sex, marital status, etc.

Read more here:

brainly.com/question/15547556

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3 years ago

The contact between the breccia and the underlying granite is an example of a(n):____.

3241004551 [841]

Correct option is (b): angular unconformity

The contact between the breccia and the underlying granite is an example of angular unconformity

Breccia is a type of sedimentary rock which is composed of large angular broken fragments of minerals or rocks cemented together by a fine-grained matrix.

In the Italian language ,Breccia word means "rubble". A breccia may have a variety of different origins, as indicated by the named types including sedimentary breccia, igneous breccia, impact breccia, tectonic breccia and hydrothermal breccia.

Granite is a coarse-grained intrusive igneous rock which is composed of quartz, alkali feldspar, and plagioclase. It forms from magma with a high content of silica and alkali metal oxides that slowly cools and solidifies underground

To know more about breccia here:

brainly.com/question/15185919

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5 0

1 year ago

Which of the following statements is true?a. A country cannot have comparative advantage in producing a certain item if it incur

ss7ja [257]

Answer:

. All countries can gain from trade if they all specialize in production according to comparative advantage

Explanation:

Comparative advantage is when a country produces a product at a lower opportunity cost when compared with its trading partners.

Absolute advantage is when a country produces more quantities of goods and services than its trading partners.

A country can still have comparative advantage in production if opportunity cost is increasing once it's opportunity cost doesn't become greater than that of its trading partners.

A country can have comparative advantage without having absolute advantage.

I hope my answer helps you.

4 0

3 years ago