1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
melomori [17]
2 years ago
14

What happens when products and resources become less available

Business
1 answer:
Pani-rosa [81]2 years ago
6 0
When a product is scarce, consumers are faced with conducting their own cost-benefit analysis; a product in high demand but low supply will likely be expensive. ... This means that a consumer should only purchase the product if they see a greater benefit from having the product than the cost associated with obtaining it.
You might be interested in
The following units of an item were available for sale during the year:
valina [46]
Best answer


a firm has beginning inventory of 300 units at a cost of 11 each. production during the period was 650 units at 12 each. if sales were 700 units what is the cost of goods sold (assume FIFO)
4 0
3 years ago
The United States and Saudi Arabia engage in trade. The Saudi riyal appreciated significantly compared to the US dollar over the
inn [45]

Answer:The second one

Explanation:

8 0
3 years ago
Administrators
rodikova [14]

Answer:

advanced education

Explanation:

just got it right on edge 2020

4 0
2 years ago
Read 2 more answers
Andrew is a financial planner and charges fees of 2% for every investment made. He made investments worth $500,000. What amount
eduard
Fees charge = 2%
Investment worth = $500,000
Amount due = 2/100 * 500,000 = 10,000
The amount Andrew will receive as compensation is $10,000.
7 0
3 years ago
The town of Sanford, Maine, decided to auction off a plot of land owned by the town. The town advertised that it would accept bi
rodikova [14]

Answer:

The answer is: Both parties could win, depending if there were other conditions established for the auction.

Explanation:

Usually when an auction is carried out there are conditions established beforehand by the auctioneer that must be fulfilled in order for the sale to be completed.

In this case, since we don´t know what other conditions the town of Sanford included in the auction, if any other condition at all, we can´t conclude which party could win the lawsuit. For instance if a reserve was required but Arthur and Arlene didn´t do the reserve deposit, then they will obviously lose. The same happens with other established conditions like a minimum price set, etc. But if no other condition established, then Arthur and Arlene could win.

5 0
3 years ago
Other questions:
  • Account Title Amount Account Title Amt Accounts Payable ---------------------- $ 204,975 Income Taxes Payable --------------- 78
    6·1 answer
  • Which savings account can a financial institution end?​
    13·1 answer
  • Every customer that exited the store was subjected to close scrutiny of their shopping cart and receipt by a highly trained insp
    6·1 answer
  • Savings account A and savings account B both offer APRs of 6%, but savings account A compounds interest semiannually, while savi
    15·1 answer
  • Rennie Norquist is a recent law school graduate. She is employed at Dillard Dobbs Dooley & Duncan, LLP, a 200 lawyer firm. R
    15·1 answer
  • Michael corporation manufactures railroad​ cars, which is its only product. the standards for the railroad cars are as​ follows:
    6·1 answer
  • 1. Think about the four cores of credibility. Choose one of them and describe why it is important to you for your workplace.
    15·1 answer
  • Davis Hardware Company uses a perpetual inventory system. How should Davis record the sale of inventory costing $620 for $960 on
    9·1 answer
  • In the five C's, how is cost different from price?
    11·1 answer
  • Whats your name I would like to know your name
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!