An electronics store sells specialty headphones for $100. They usually sell 5
pairs per day and purchase 150 pairs from their suppliers per month.
According to the law of supply, which outcome would be most likely if the
store could sell the headphones for $120 without losing customers?
A. The store would purchase 175 pairs per month,
B. The store would sell 3 pairs per day.
C. The store would sell 7 pairs per day,
D. The store would purchase 100 pairs per month.
Answers
D. The store would purchase 100 pairs per month
As the electronics store sells specialty headphones for $100. They usually sell 5 pairs per day and purchase 150 pairs from their suppliers per month. According to the law of supply, if the store could sell the headphones for $120 without losing customers then it would have to sell 7 pairs per day.
What is Law of supply?
Law of supply is a fundamental principal of Economic theories. It states that keeping all the other factors at constant, an increase in the the price of the product results in the increased supply of that product.
What is the Formula of Law of Supply?Qs = x + yP
Where:
n Qs = the quantity supplied
n X = quantity
n P = price
n Y = variable
Hence option C is the correct answer.
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Related Questions
Will mark as brainliest !
What is free enterprise?
A. The ability to tap into government funds to start up a business
B. The opportunity to start up and run a business for free
C. The freedom from business taxes and regulations
D. The opportunity for an individual to start up and run a business of
his or her choice
Answers
The statement, ''The opportunity for an individual to start up and run a business of his or her choice.'', is the one that correctly provides for the description of a free enterprise system. Therefore, the option D holds true.
What is the significance of the system of free enterprise?A free enterprise can be referred to or considered as a system of setting up a business organization, which does not have any form of restrictions before the commencement of the business activities. There are no regulations from the government at least.
The system of free enterprise exists in a society where the government wants to promote the growth and development of its economy, and feels that it is inefficient to take the control of trade and business of the economy in its own hands.
Therefore, the option D holds true and states regarding the significance of a free enterprise.
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What adjustments are made to net income to arrive at operating cash flows in the operating section of the statement of cash flows
Answers
Answer:
Adjustments of Non-Cash items and Changes in Working Capital items
Explanation:
Cashflow Statement shows the movement in Cash and Cash equivalent balance during the reporting period. Net Income is not a Cashflow item, however this can be reconciled to Cashflow amount by adjusting it by Non-Cash items and Changes in Working Capital items. This is done when the Cashflow statement is prepared using the Indirect Method.
which is correct? please help
Answers
Answer:
c
Explanation:
because if you have all new employees people won't see you as a serious company
Bourne Incorporated reports a cash balance at the end of the month of $2,445. A comparison of the company's cash records with the monthly bank statement reveals several additional cash transactions: bank service fees ($78), an NSF check from a customer ($280), a customer’s note receivable collected by the bank ($1,100), and interest earned ($28).
Required:
Record the necessary entries to adjust the balance of cash.
Answers
Answer and Explanation:
The journal entries required to adjust the balance of cash as follows:
1. Cash Dr $1,128
To Notes receivable $1,100
To Interest revenue $28
(Being the cash is recorded)
Here cash is debited as it increased the assets and credited the notes receivable and interest revenue as it decreased the assets and revenue
2. Service expense Dr $78
Account receivable Dr $280
To cash $358
(being the cash paid is recorded)
here service expense and account receivable is debited as it increased the expenses and assets and credited the cash as it decreased the assets
You are assigned to work with two other classmates to complete a class assignment. One of the classmates is not completing their work. What are three ways that you could solve this problem
Please help me fast
Answers
Answer:
1. you could ask them if they understand what to do and if they need help.
2. you could tell the teacher that they are not doing the work
3. i dont know what else
Why might a manager for a non-profit organization seem as concerned with his or her organization's financial well-being as a for-profit manager?
a. Non-profit managers are evaluated on financial performance only.
b. Non-profit managers try to give the illusion that they care about the "bottom line."
c. Not-for-profit organizations need to make money to continue operating.
d. Non-profit organizations have an obligation to turn a profit.
Answers
Answer:
c. Not-for-profit organizations need to make money to continue operating.
Explanation:
Non-profit organisations mainly focus on meeting their set objectives for example ensuring education is provided to poor children, health services reach the less privileged in society, and so on.
On the other hand for profit organisations mainly focus on turning a profit for the benefit of the business owners.
The manager for a non-profit organization will be as concerned with his or her organization's financial well-being as the for profit manager.
This is because non- profit organisations tend to have a tight budget and they will need to effectively manage resources available to them to ensure they keep functioning.
PLEASE ANSWER
How do economists refer to deficits?
A) global value chain
B) negative balance of trade
C) positive balance of trade
D) comparative advantage
Answers
Global value chain
Explanation:
Select all that apply.
Which of the following would be considered full-time work?
hours
33 hours
9 G 8C it
45 hours
51 hours
Answers
45 hours;
51 hours;
40 hours.
The answer choices given, as listed above, would be considered "full-time work
Hope this helps (:
the exponential form of 6×6×6×6 is 6 the base is 4 True or False?
Answers
A financial adviser hosts a blog where he invites other personal finance experts to guest-blog on everything from real estate to estate taxes to tax write-offs. The variety of advice increases the site’s search engine optimization (SEO) and attracts many more potential clients for all the participating financial professionals.
Answers
Answer: build synergy
Explanation:
The scenario that occured in this situation has to do with the building of synergy.
A synergy is built in this case as the interaction with other finance experts has led to the increase in the sites search engine optimization and this ultimately brings about an increase in the number of potential clients.
The expansion phase of a business cycle is a period during which:
A. the economy steadily grows.
B. the economy steadily declines.
C. the economy hits its highest point.
D. the economy hits its lowest point
Answers
Answer:
A. the economy steadily grows.
Explanation:
A business cycle is the periodic fluctuations of economic activities in the country. Naturally, the economy will experience seasons of boom and periods of downturns.
The expansion phase is the period where a business experiences steady growth, as indicated by a rise in GDP value. The expansion comes after a recession where the economy was experiencing minimal or negative growth. At the expansion phase, demand for goods and services is increasing, job opportunities are being created, and incomes are rising.
Answer:A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.
Explanation:
Select the correct presentation for other comprehensive income on the financial statements of Puma Company.
1. Puma Company
Statement of Comprehensive Income
For the Year Ended December 31, 20Y3
Net income $140,000
Other comprehensive income 20,000
Comprehensive income $160,000
2. Puma Company
Income Statement
For the Year Ended December 31, 20Y3
Sales $625,000
Cost of goods sold 350,000
Gross profit $275,000
Operating expenses 135,000
Net income $140,000
Other comprehensive income 20,000
Comprehensive income $160,000
A. Both of these choices are correct.
B. Neither of these choice is correct.
Answers
Answer:
A. Both of these choices are correct.
Explanation:
Both of these choices are correct as they are rightly presented.
Puma Company
Statement of Comprehensive Income
For the Year Ended December 31, 20Y3
Net income $140,000
Other comprehensive income $20,000
Comprehensive income $160,000
Puma Company
Income Statement
For the Year Ended December 31, 20Y3
Sales $625,000
Cost of goods sold $350,000
Gross profit $275,000
Operating expenses $135,000
Net income $140,000
Other comp. income $20,000
Comprehensive income $160,000
Question 6 of 10
Which of the following speeds will produce lowest miles per gallon?
A. 75 mph
B. 45 mph
C. 85 mph
D. 55 mph
Answers
PLS HELP!!! What is the meaning of Customer Relationship Management (CRM)?
O CRM means assisting customers by answering their questions and helping resolve issues.
CRM is a hierarchy beginning with customer service representatives, followed by managers, if
necessary
CRM is a class that customer service professionals take to learn strategies for managing customers.
CRM means collecting information about the customer for the purpose of improving their future
experience.
Answers
Answer:
CRM means collecting information about the customer for the purpose of improving their future experience.
Explanation:
CRM is an acronym for customer relationship management and it typically involves the process of combining strategies, techniques, practices and technology so as to effectively and efficiently manage their customer data in order to improve and enhance their satisfaction.
CRM means collecting information about the customer for the purpose of improving their future experience.
Answer:
CRM means collecting information about the customer for the purpose of improving their future experience.
Explanation:
You choose to complete your homework rather than watch television so that you can earn a good grade. You made the choice with the lowest ______.
A. Opportunity cost
B. Demand
C. Scarcity
D. Benefit
Answers
Answer:
A. Opportunity cost
Explanation:
In Economics, Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.
Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.
Hence, the opportunity cost of a choice is the benefits that could be derived in from another choice using the same amount of resources.
For instance, if you decide to invest resources such as money in a food business (restaurant), your opportunity cost would be the profits you could have earned if you had invest the same amount of resources in a salon business or any other business as the case may be.
In this scenario, you choose to complete your homework rather than watch television so that you can earn a good grade. Therefore, you made the choice with the lowest opportunity cost.
Answer:
Opportunity cost
Explanation:
Question 5 (1 point)
PLEASE HELP
Jessie teaches contractors how to sand and finish hardwood floors. The most appropriate pathway in the Education and Training career cluster for Jessie's job is the Teaching and Training pathway. True or False
Answers
Answer Its True because she is teaching
Explanation: please mark brainiest
You work for Greene-Mann Landscaping Company. A prospective client sends you the e-mail
below:
I would like to plant a tree in my backyard. We like to eat outside, and in the summer, the hot sun
burns down on our deck at dinnertime. I would like a tree that will be quick and easy to grow.
Based on the document shown, what would you recommend for this client?
A. An evergreen tree planted on the windy side of the house
B. An evergreen tree planted on the south side of the house
C. A deciduous tree planted on the windy side of the house
D. A deciduous tree planted on the south side of the house
E. A deciduous tree planted on the west side of the house
Answers
Answer:
The answer for this is E.
Based on the document shown, A deciduous tree planted on the west side of the house is recommended. Option E is an appropriate response.
What is a deciduous tree?At the end of the growing season, deciduous trees shed their broad, flat leaves. It differs from most evergreen trees (which typically retain needle foliage throughout the seasons) and coniferous trees (usually evergreens that produce cones). There are, however, deciduous conifer trees like golden larch and dawn redwood. You can also tell if a tree is deciduous by its round shape, as opposed to an evergreen's upside-down cone shape.
During the hotter months, deciduous trees provide shade and block heat from the sun, and by dropping their leaves in the fall, they admit sunlight during the colder months.
Hence, option E is an appropriate response.
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If in a specified year nominal gross domestic product grew by 11 percent and real gross domestic product grew by 4 percent, inflation for this year would be
Answers
Answer:
6.73%
Explanation:
(1 + nominal GDP) = (1 + Inflation) X (1 + real GDP)
(1.11) = (1 + Inflation) x 1.04
(1 + Inflation) = 1.11/1.04
(1 + Inflation) = 1.0673
inflation = 0.0673
inflation = 6.73%
In the following pictograph, how many books has Group 3 read?
18
25
15
12
Answers
Answer:
15 is the answer you are looking
In Mark's absence, what source of power does Sherry have in enforcing Ollie's holiday scheduling policy?
Answers
Answer: Legitimate power
Explanation:
The source of power that Sherry has in enforcing Ollie's holiday scheduling policy is refered to as the legitimate power.
Legitimate power simply means the power that one has based on the formal position that is being held by the person in an organization. This usually applies to person who are in position of authority in the organization.
Therefore, the correct answer is legitimate power.
PLEASE HELP!!!
Market research can help entrepreneurs gain insight into viewpoints and opinions about a new product.
O True
O False
Answers
Answer:
True
Explanation:
Market research can be defined as a strategic technique or tool that is typically used by entrepreneurs or business owners to gather information about a particular product. This is to enable them get an insight into buying patterns, requirements or choice and location of the target market (consumers).
When a market research is done properly, it is essentially an effective tool to help plan a business to grow and develop significantly with time.
Hence, market research can help entrepreneurs gain insight into viewpoints and opinions about a new product because it interconnects the manufacturer, consumer and the finished goods or services.
Additionally, market research can be used to gather specific information about rival companies in the same market (industry) and monitor market trends with respect to price.
Elisa is 21 years of age and a full-time student living with her parents. She had wages of $680 ($75 of income tax withholding) for 2018. Can Elisa file a tax return even though her parents will claim her as a dependent on their tax return? A) Elisa's parent can report the income on their tax return. B) No, Elisa is a dependent of her parents. C) Yes, Elisa can file a tax return. D) No, Elisa cannot file a tax return.
Answers
Answer:
C) Yes, Elisa can file a tax return
Explanation:
As in the given situation Elisa could file a tax return as she is considered to be dependent as her age is less than 24 years also her income is lower than the taxable income so she can file her return herself in order to claim the return
Therefore as per the given situation the option c is correct
how was the halftime show yesterday
Answers
What are some examples of how debt can be a good thing?
exposed brotherbro :>
Answers
Answer:
It can be good
Explanation:
I got not email long I and I will be there for you to come and see you again and I hope that we will have to get the name of our team and to be unconstitutional
Select a product, either a good or service, that you consider to be in the decline phase of the Product Life Cycle. Discuss some of the options the company has for dealing with this product. What do you think is the best option, and why do you think so?
Answers
Answer:The product example in the declining phase is the Sony VCRs
Explanation:Decline phase is reached when sales and profits of a product fall.it is therefore characterised by rate of change to consumers tastes and rate by which new prosucts reach the market.
Company can deal with the product at a declining phase in the following ways:
1.The company can aid by reducing the promotional expenditure
2.The company can opt to reducing the number of distribution outlet that deal with sales of the products
3.The company can concentrate on the price cuts so that they can obtain customers who van purchase their products
4.The company can look upon the alternative use of the product.
Best option is maintaining the product , in a way rejuvenating it so that we ad features to it so that we can find its alternative use.
Question 6 (3 points) Callie is good at motivating and inspiring others, has excellent communication skills, and is good at teaching her friends new skills. What career pathway might be a good fit for Callie? Lodging Pathway Teaching and Training pathway Technology pathway
Answers
Answer:
Teaching and Training pathway
Explanation:
The teaching and training pathway comprises careers such as teachers, social workers, clinical developmental or social psychologists, and counselors.
Callie is good at motivating and inspiring others and has excellent communication skills. She is best suited to be a teacher. Callie should work in a school environment.
Answer:
Teaching and Training pathway
Explanation:
i took the quiz in k12
Jocelyn gets a text alert from the bank that her account has dropped below $100 after a series of $20 ATM withdrawals. She has not used her ATM in over a week and wonders what she should do. What would you recommend?
Answers
Answer:
Look at her account to confirm the ATM withdrawals were her. If she did not make the withdrawals, she should immediately contact her bank by the most trusted way possible. Calling or going to the local branch during business hours may be best.
Explanation:
If the transactions were not made by Jocelyn and she does not have any other owners on the account it is possible that she is the victim or hackers or bank fraud. Contacting her bank notifies them that the transactions are not authorized and she will not be held accountable after the bank conducts an investigation into the transactions. The bank will then redeposit the lost funds back into her account.
Which rotation maps point K(8, –6) to K’(–6, –8)?
180° counterclockwise rotation
90° clockwise rotation
90° counterclockwise rotation
180° clockwise rotation
Answers
Answer:
a.
Explanation:
Answer:
B
Explanation:
The answer is B: 90* Clockwise rotation.
To help the team be successful, project managers need to understand the stages of project team development so that they can employ different leadership strategies in response to the behavioral characteristics of the team as they move through each stage of team development.
Answers
Answer:
True
Explanation:
In order to help the team to be successful the project managers first understand the stages of the project team development in order to adopt various kinds of leadership strategies that responded to the behavior attributes of the team as they need to pass from each and every stage of the team development
Therefore the given statement is true
A harsh drought killed some of the farm family's corn and several head of its cattle. Where on the production possibilities curve could you position a point to reflect these circumstances
Answers
Answer:
inside the PPC
Explanation:
The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.
As more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.
As a result of the drought, resources would not he fully utilized. So, production would take place inside the PPC curve.