subject
Business, 18.09.2021 02:30 malaysiae6321

In a free market, sellers do not determine prices; buyers and sellers negotiating in the marketplace determine them. A seller may want to receive a set price for a product or service, but the quantity buyers demand at that price may be quite low. If the seller lowers the price, the quantity demanded is likely to increase. This phenomenon is known as the microeconomic concept of supply and demand. Prices are set by buyers and sellers in free-market capitalism. The microeconomic concepts of supply and demand establish prices based on buyers and sellers negotiating. Identify the components of the supply-and-demand chart using the appropriate terminology.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 07:50
Budget in this final week, you will develop a proposed budget of $150,000 for the first year of the program and complete the final concept paper for the proposed program due for senior management review. the budget should identify the program's anticipated expenses for the year ahead. budget line items should be consistent with the proposed program and staffing plan. using the readings for the week, the south university online library, and the internet, complete the following tasks: create a proposed budget of $150,000 for the first year of the proposed program including the cost for personnel, supplies, education materials, marketing costs, and so on in a microsoft excel spreadsheet. you may transfer your budget to your report. justify the cost for each item of the proposed budget in a budget narrative.
Answers: 2
question
Business, 22.06.2019 11:10
Suppose that the firm cherryblossom has an orchard they are willing to sell today. the net annual returns to the orchard are expected to be $50,000 per year for the next 20 years. at the end of 20 years, it is expected the land will sell for $30,000. calculate the market value of the orchard if the market rate of return on comparable investments is 16%.
Answers: 1
question
Business, 22.06.2019 11:30
Money from an allowance or job is known as .
Answers: 3
question
Business, 22.06.2019 21:10
Acompany has two products: standard and deluxe. the company expects to produce 36,375 standard units and 62,240 deluxe units. it uses activity-based costing and has prepared the following analysis showing budgeted cost and cost driver activity for each of its three activity cost pools.budgeted activity of cost driver activity cost pool budgeted cost standard deluxe activity 1 $ 93,000 2,500 5,250 activity 2 $ 92,000 4,500 5,500 activity 3 $ 87,000 3,000 2,800 what is the overhead cost per unit for the standard units? what is the overhead cost per unit for the deluxe units? (round activity rate and cost per unit answers to 2 decimal places.)activity expected costs expected activity driver activity rate1 93,000 2 92,000 3 87,000 standard activity activity driver activity rate allocated costs1 2 3
Answers: 2
You know the right answer?
In a free market, sellers do not determine prices; buyers and sellers negotiating in the marketplace...
Questions
question
Mathematics, 05.12.2019 11:31
question
Mathematics, 05.12.2019 11:31
Questions on the website: 13722367