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2 years ago

Either more sellers in the market or lower production costs can cause supply to _____ at each price level.

Business

2 answers:

Mariulka [41]2 years ago

7 0

Answer:

increase

Explanation:

When new providers enter a competitive market, parameters such as equilibrium price, supply and demand tend to change. The higher the number of sellers, the higher the production tends to be for each price level. The same is true if production costs go down, as this is an incentive for each salesperson to produce and deliver more so as to maximize their revenue.

Otrada [13]2 years ago

4 0

Increase or shift right because if the cost of production goes down then the supplier can make more products for less money therefore making the supply of a good more. if there are more supplier then the same thing happens. more product in the market.

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When reviewing the balance sheet for Portable Pet Care, Inc., a mobile small animal care business, Ricky noted the following inf

mash [69]

Answer:

The net worth (owners' equity) for this business is $2.2 million

Explanation:

Net worth: It is also known as owner's equity which is a difference between total assets and total assets.

In this question, we use the accounting equation which is used to balance the debit and credit side of the balance sheet items.

So, the accounting equation is

Total Assets = Total Liabilities + Owner's Equity

where,

Company assets are $3.5 million

And, liabilities is $1.3 million

Now, apply the above equation to find out the value of the owner's equity

So, owner equity would be equals to

= $3.5 million - $1.3 million

= $2.2 million

Hence, the net worth (owners' equity) for this business is $2.2 million

3 0

2 years ago

What functional-level strategies has Amazon pursued to boost its efficiency? What functional-level strategies has Amazon pursued

Arisa [49]

Answer:

All answers which are asked related to Amazon's strategies and its customer responsiveness are answered below in details.

Explanation:

Amazon has executed several approaches to improve its performance. These approaches include optimizing their picking and packing methods by using robots to decrease the expenses that the customer spends.

Amazon has achieved new technology to improve performance, and customer responsiveness to increase product quality by spending in Kiva.

Quality for Amazon implies increasing quality as perfection; rendering products, by third party retailers, that are not affected, not lapsed or broken.

Amazon went from trading books to trading a wide variety of media and general- commodity goods.

It has a sustainable competing advantage

When people purchase goods, they match different suppliers on a graded assortment of factors. For Amazon shoppers, those parts, or customer purchasing criteria (CPC), involve cost, fast shipment, and reliable service.

8 0

2 years ago

Eunice buys a worm farm. She plans to sell a small carton of worms to people who want to fish for $3. Her fixed costs are $1,201

Evgesh-ka [11]

Answer:

C. 534 units

Explanation:

The formula to compute the break-even point is shown below:

= (Fixed cost) ÷ (Contribution margin per unit)

where,

Contribution margin per unit = Selling price per unit - Variable expense per unit

= $3 - $0.75

= $2.25

So, the break-even point would be

= $1,201 ÷ $2.25 per unit

= 534 units

Simply we divide the fixed cost by the contribution margin per unit so that the accurate units can come.

3 0

2 years ago

What effect does the availability of many substitutes have on the elasticity of demand for a good?

zepelin [54]

The availability of many substitutes increases the elasticity of demand for a good. With the presence of substitutes the consumer has more options to seek out if there are price changes, therefore, the consumer is highly responsive to price changes and thus the elasticity of the demand curve is higher if there are many substitutes.

4 0

2 years ago

Match each term to its definition. Part Aa. surplus b. debt c. interest d. deficit Part B1. the total of all accumulated and unp

yanalaym [24]

Answer:

The answers are as follows;

1. the total of all accumulated and unpaid deficits (b. Debt)

2. a situation in which outlays exceed revenue (d. Deficit)

3. a situation in which revenue exceeds outlays (a. Surplus)

4. the fee that borrowers pay to debt holders (c. Interest)

Explanation:

4 0

2 years ago