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2 years ago

Six importance of transportation to commerce

Business

2 answers:

Olin [163]2 years ago

6 0

<h2>ANSWER:</h2>

Transportation carries necessary raw materials to factory for production of goods and supplies finished goods to consumers. It creates place and time utility of goods by transporting from one place to another. It easily carries finished to the hands of those who need and use them.

I HOPE IT WILL HELP YOU...

 $darkprincess$ 

#carryonleraning

Mazyrski [523]2 years ago

3 0

Answer:

there ar some of the importances

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If your budget allowed you extra money for this month, would you choose to consume, invest, or save that money? Why? Be specific

ruslelena [56]

Personally, I would choose to save that money. The reason why is you never know - maybe something bad is going to happen and you will need that extra cash. So instead of splurging it on material things, it's better to save it for a rainy day, in my opinion. Investing is not safe, given that you may lose a lot more than you invest.

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3 years ago

Read 2 more answers

Suppose your firm receives a million order on the last day of the year. You fill the order with million worth of inventory. The

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Answer:

a. Revenues - These will increase by $5 million to represent the entire value of the order.

b. Earnings. - Increase by $3 million

Earnings in this case are revenue less the cost of inventory which will be;

= 5 - 2

= $3 million

c. Receivables - Increase by $4 million

The customer paid $1 million upfront which means that they still owe $4 million out of the $5 million. This will go to the receivables account to show that the customer owes the business.

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3 years ago

When p = $5, the quantity demanded of a good is 30 units, and the quantity supplied of the good is 50 units. For every $1 decrea

Neporo4naja [7]

Answer: Equilibrium price is $3 and equilibrium quantity is 40 units.

Explanation:

Demand equation is given by,

$Qd= a-bP When P=$5, Qd=30 30 = a – 5b Change in Quantity demanded = Change in a – (b Change in P) 5 = 0 – b(-1) b=5 So, a = 55$

Therefore the demand equation is given by, $Qd= 55 – 5P$

Supply equation is given by

$Qs= c + dP When P=$5, Qs = 50 50 = c + 5d Change in Quantity supplied = Change in c + d(Change in P) -5 = 0 + d(-1) d=5 So, c=25$

Therefore, the supply equation is given by,

$Qs= 25 + 5P$

Equilibrium is given by

$Qd=Qs 55 – 5P= 25 + 5P 30=10P P=$3 And Equilibrium quantity is, Q= 55 – 5(3) = 55 – 15 = 40 units.$

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3 years ago

describe the efforts that local governments should make to increase local revenue from the tax sector!

Talja [164]

Answer:

I need help too, I'm about to fail this

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4 years ago

On July 1, Shady Creek Resort borrowed $310,000 cash by signing a 10-year, 11% installment note requiring equal payments each Ju

mafiozo [28]

Answer:

$34,100

Explanation:

The interest on the installment note for the first year is a function of both the face value of the note and interest rate of 11%

Interest expense on the first annual payment=$310,000*11%

Interest expense on the first annual payment=$34,100

The amount principal repayment in respect of the first annual payment is the amount of payment which is $52,639 minus the interest portion of the payment.

The Principal portion of the first payment=$52,639-$34,100=$18,539

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3 years ago

Six importance of transportation to commerce​

Six importance of transportation to commerce