How do supply and demand help determine the price of a product?

Answers

Answer 1

Answer:

if supply is low but demand is high the price will go up due to limited supply however if demand is low and supply is high the price will be lower because there is a surplus of supplies and not very many people buying it  

Explanation:

Answer 2

Answer:

By creating a balance between buyers who want low prices and sellers who want high prices

Explanation:


Related Questions

1.5. Elaborate on the meaning of induction and explain its purpose.

Answers

Induction in business can be defined as the process of acquainting new employees with your business in a workplace.

It has to do with helping this new employees to settle in and as well enlightening/orientating them with information they need/require necessary for them to become valuable team members to achieve set goals.

Induction generally help employees to acclamatise and as well adjust to their jobs and working environment as well.

FUNCTIONS

- To help the employees learn the policies the guide the business or organization.

- To help the employees learn the practices the business or organization is concerned with.

- Induction help employees to quickly learn the practices of a business or Organization.

- It also enlightens the employees on the ethics and ettiquettes guilding the business or organization.

- To make the employees uñderstand the systems and procedures that are followed by the business or organization.

- It also help new employees to settle down rapidly as well as gives them a sense of belonging.

Three types of Induction exists which are; General Induction Programme, Specific Orientation Programme and Follow-up Induction Programme.

what are the basic element of selection of profession describe any two of them​

Answers

Answer:

Basic elements of selection of profession are:

i. Knowledge

ii. Skill

iii. Demand

iv. Importance

v. Scope

vi. Interest

Knowledge: A person must have knowledge about the profession while selection. If a person has knowledge about all the basic things, and key factors which can help him to get success and run the profession properly then he/she can get achievement in profession. But if a person doesn't have knowledge while selecting profession of his/her kind he/she will be failure in the profession. So knowledge is a very important element of selection of profession.

Demand : A person should select a profession which is highly demanded in society. If a person is knowledgeable and skilled then it will be beneficial for him/her to select a profession according to the demand of people. When a skilled person involves in a job concerning the demand of people he/she can earn so much profit because of the popularity and reputation of the profession. In this way, demand is also an important elemeny of selection of profession.

Explanation:

Pls mark me brainliest if u like the answer :)

Knowledge, skill, demand, importance, scope, and interest are the fundamental factors in choosing a vocation.

What is knowledge?

Knowledge is frequently interpreted as being aware of facts or as having practical abilities, but it can also entail being familiar with things or circumstances. Propositional knowledge, also known as knowledge of the facts, is frequently characterized as a true belief that can be distinguished from opinion or conjecture by the use of evidence.

When choosing a profession, a person must be knowledgeable about it. A person can achieve in their profession if they are knowledgeable about all the fundamental concepts and important elements that can help them succeed and manage their profession effectively. However, a person will fail in their chosen profession if they don't have information when choosing a profession that suits them. Therefore, choosing a vocation requires careful consideration of knowledge.

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hey this is for thebeauty4evr19 so don't take it or im reporting u

Answers

Answer:

ty

Explanation:

Question:4
Krishna Furnishers Martstarted its operations in the year 1954 and emerged as the market leader in the industry
because oftheir original designs and efficiency in operations. They had a steadydemand fortheir products but overthe
years, they found their market share declining because of newentrants in the field. The firm decided to review their
operations and decided that in orderto meet the competition, they need to study and analyze the market trends and
then design and develop their products accordingly. List any two impacts of changes in business environmernt on
Krishna Furnishers Mart's operations. (Hint: increase in competition and Market orientation)

Answers

Here are the answers

Hannah works in a factory that makes hearing aids. She is part of a team that designs how the electrical components are put together and encased. What kind of education or experience most likely prepared Hannah to qualify for this position?

A. an apprenticeship with another hearing aid maker

B. a bachelor's degree in electrical engineering

C. an internship at a hearing screening clinic

D. a doctorate in medicine​

Answers

I think it’s b because of electrical components

Answer

A Bachelor's Degree in electrical engineering.

Explanation:

She needs the knowledge of how to setup a hearing aid and they have electrical parts. So she is going to need that Bachelors Degree.

After settling a legal dispute, Frank must chose one of two settlement
payment options. He can either receive an immediate lump sum payment of
$250,000, or he can receive an installment payment package with annual
payments of $25,500 spread out over a span of 10 years. Which would likely
be more beneficial to him, and why?
A. The installment package would be better because it would prevent
him from spending all of his money immediately.
B. The immediate payment would be better because it is more
money overall.
C. The immediate payment would be better because he could use the
money immediately to invest it in a safe, low return account.
D. The installment package would be better because he'll have more
money in 10 years than with the lump sum.

Answers

After settling a legal dispute, Frank must choose The immediate payment of $250,000, because it would be better as he could use the money immediately to invest it in a safe, low-return account. Therefore, option C is the correct option.

What is investing?

Investing or investment is a financial term. It is both a tool and a source to generate wealth and income. Investment means putting the money in respect of an object, as the value of the objects differs with time so the value of the money will also differ accordingly. This fact about investment makes it both, risky and profit-making at the same time.

Thus, after a legal dispute is resolved, Frank must select the $250,000 immediate payment because it would be preferable because he could use the money right away to invest it in a secure, low-return account. As a result, choice C is the best one.

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According to the video, some workers who work for themselves, such as Actors, Musicians, or Writers, may have what
sort of worker represent them to potential customers?
O an Agent
O a Headhunter
an Employer
a Mentor

Answers

Answer:

an Agent

Explanation:

just answered it and got correct

Answer: Agent

Explanation: just got it right on edge

Jacques designs and produces blankets. The selling price for each blanket is $25. Jacques spends $7.50 on the wool and thread to produce each blanket. For each blanket that Jacques produces, he pays himself $10.


What is the added value for Jacques’ blankets?

please help

Answers

Answer:

$7.50

Explanation:

Added value is the increase in value arising from the production process. It is between the price of the finished good or services and the cost of inputs.

For Jacques's blankets, the cost of inputs will be labor plus materials.

=$7.50 + $10 = $17.50

The selling price is $25.

Added value

= $25- $17.50

=$7.50

Please help me don’t write if you don’t know how to solve it

Answers

Answer:

see below

Explanation:

1. Business Revenue

Revenue is the income generated from normal business operations. In this case, normal business operations are selling T-shirts.

The shop sold 25 t-shirts at 70 Dhs each.

Revenue is quantity sold multiplied by sales price

i.e., Revenue = quantity sold x selling price per unit

=70 x 25 Dhs

=1,750 Dhs

2. Business total cost

Costs are the expenses incurred in producing goods intended for sale.

The cost of producing one t-shirt is 15 Dhs.

The cost of producing 70 t-shirts will be.

Total cost = total quantity produced x unit cost

= 70 x 15 Dhs

=1,050 Dhs

3. Business profit

Profit is the income earned from business operation after deducting the cost from the revenues.

I.e., profits = revenue - cost

For this shop

profits = 1,750 Dhs - 1,050 Dhs

Profits = 700 Dhs

REALLY EASY QUESTION!!

which of these would be considered an issue of law?
a. being excessively tardy
b. helping a child cross the street
c. lying to a friend
d. stealing from a store

Answers

D would be the correct answer due to the fact it is the only illegal option.

Answer:

Stealing from a store

when receiving inventory, you should do which of the following?

Answers

Answer:

what are the answers

Explanation:

In 2-5 paragraphs, describe how using active listening at work can help you be a better employee.

Answers

Here I wrote and pictured it on pc

Did Sue draw this circle​ change into passive voice

Answers

Answer:

Was this circle drawn by Sue?

Explanation:

Which sentence indicates that Rudolph is following a market skimming pricing policy?
Rudolph launched his brand of high-end audio speakers called Rudebox. He introduced his first line of products at $40,000. He plans to periodically bring down the price. Very soon he will launch the second edition of Rudebox, which would be of a lower price range, and designed for the masses.

Answers

Answer:

Very soon he will launch the second edition of Rudebox, which would be of a lower price range, and designed for the masses.

Explanation:

Market skimming pricing policy, or price skimming is the pricing strategy that is used by business owners to make the initial price of a product high and then reduce it subsequently so more people can be able to afford it.

The sentence that shows that Rudolph is following a market skimming price policy is his decision to reduce the price of his Rudebox in a second edition which is designed for the masses.

Answer:

He plans to periodically bring down the price

Explanation:

Choose the era that best matches the statement given.

A company who has pleasing the customer in its mission statement

Answers

Answer:

Marketing company era

Explanation:

They need to get their product out there, so they use mission statements to please the customer, which is marketing.

Which is a requirement for an acceptance?

mirror image of offer
intent to contract
communicated
all of the above

Answers

All of the above

The offer must be mirrored, the first party must have an intent to contract, and that intent must be communicated for the second party to know, for sure, that a specific contract is agreed upon for acceptance.

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The answer above is correct my dude

In order to decrease their level of pollution, Jean and Rhonda decided to _______. a. ride the bus to work instead of walking b. drive separately instead of taking the train c. ride the train instead of riding their bikes d. carpool instead of driving separately Please select the best answer from the choices provided A B C D

Answers

Answer: d. carpool instead of driving separately

Explanation:

The best option is the one that leaves the least carbon footprint on the planet.

If they ride the bus instead of walking, the bus would burn more fuel (carbon) to carry them as opposed to if they simply walked.

If they drive separately instead of taking the train, the two cars would cause more pollution than if they took a train.

If they ride the train instead of their bikes, the train would burn more fuel or use more electricity to carry them as opposed to them simply using bicycles which do not cause pollution when used.

If they however carpool instead of driving separately, they would decrease their level of pollution because one car would cause less pollution than two.

Answer:

D. carpool instead of driving separately

Hope this helps!

Explanation:

What is the most difficult part of being a leader?

Answers

Answer:

Guiding everyone else to success

Explanation:

The hardest part about being leader is to lead people with different personalities to work together for the achievement of the objective.

What are the difficulties of being a leader?

A good leader is only good as long as he can unite people and motivate them to work together for one purpose.

The hardest things to manage as a leader is to handle the conflict among the employees by avoiding biasness or favoritism.

One of the toughest aspects of leadership is delegating authority as people are very complicated.

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what are some type of jobs for 14 or 15 years old

Answers

-Dish washer
- Ice cream scopper

what would happen if the Federal Reserve chairman says that the central bank will raise interest rates. which and how would it affect food prices, housing or oil?

Answers

Explanation:

What are the answered choices

Which are types of mergers that involve corporations that have created subsidiaries? Check all that apply.


defacto
short-form
statuatory
hostile takeovers
triangular

Answers

Answer:

its shortform and triangular.

Explanation:

edge 2020

Thanks other dude who commented on the wrong answer!

Your brother has cooked the books and skimmed money because he has six kids, one ex-wife, and may lose his home. The corporation's ISP sues the corporation for defaulting on the Web design and hosting contract, which you signed, claiming that the corporation is a sham corporation. You and your mom are personally liable.

False

True

Answers

Answer

false (?)

Explanation

I have no explanation

True

Answer:

Explanation:

Did on Edg

ECON Good morning can someone answer this ASAP

Answers

Answer:

D

Explanation:

Answer:

According to the Law of Demand: When the price of a product increases, the demand for the same product will fall.

So, the answer is 'A. the product's price increses

your bestfriend just said taht she isnt going to collage, because she cant afford it. what would you tell her

Answers

Answer:If my friend told me that she cannot not go to college because she can’t afford it, I would suggest a number of ways so that I can help her. I would firstly emphasize on the importance of education so my friend knows that she is missing out on something major and she needs to work really hard to study.

I would suggest her to opt for scholarship programs that are offered by several colleges, there is a need based scholarship programs too. Moreover I would suggest her to find a job so she starts to earn and can fund her education.

Explanation: hope this helps :D can u plz give me a brainliest

Answer:

there are scholarships to help her, she could also get a job if that would help

Explanation:

hope this helps

(a) Where the parent company does not hold 100 percent equity of the subsidiary company, what portion of the intra-group transactions between the parent entity and the subsidiary entity will need to be eliminated on consolidation? (2 marks) (b) What is a non-controlling interest, and how should it be disclosed? (2 marks) (c) How are non-controlling interests affected by intra-group transactions? (2 marks) (d) What are the three steps we use to calculate total non-controlling interest? (1 mark)

Answers

Answer:

Follows are the solution to this question:

Explanation:

In point a:

If the parent firm doesn't hold the conglomerate's equity stake, depreciation expense acknowledged by the parent company's owner and expenditures shall be removed throughout the consolidated statement of financial position. Its combined cash flow deletes debts previously recognized as assets for both the parent corporation and as debts for all the subsidiaries to offer a real and equal view. All the intragroup balance should be removed to avoid double-counting of financial assets resulting from payments in between the group's members.

In point b:

If a parent company has a stake in a subsidiary that is called noncontrolling interest over 50%, but less than 99 percent. Its parent company shall report a different non-controlling interest line on the income statement and revenue report to reveal its noncontrolling interest.

In point c:

Its Group of non - management Concerns may not claim responsibility mostly on a share of a benefit, doesn't have any influence from over parent's decision. Intra-group payments in a word-level shall be removed.

In point d:

Its NCI share of the opening in net assets of the subsidiary + NCI share of even an amortization fair value + NCI profits due to NCI - (dividend payable to the noncontrolling shareholder) = unlawful interest at the date of the merger is three steps for the calculation of total the uncontrol value.

_____ was withheld specifically for the tax that is used to pay for a healthcare program.
_____ was withheld for the payroll tax that specifically supports retired and disabled citizens.
_____ If this individual made more money, the amount withheld for Social Security would

Answers

Answer: First : 612.65$

second :   2567.45$

Third : Increase

Explanation: i did this by self its surity

Answer:

Answers

First Sentence: $612.65

Second Sentence: $2567.45

Third Sentence: Increase

Explanation:

Edgen 2020

What so AIA,SAG,AMA stand for

Answers

Answer:

AIA stands for American Institute Of Architects

SAG stands for Screen Actors Guild

AMA stands for American Medical Association

Explanation:

Which of the following is most likely to be a primary data source:
a. A sales invoice
b. A customer record
c. An expense report
d. A customer survey

Answers

Answer:

d. A customer survey

Explanation:

Data collected by researchers for the first time for a specific study is primary data.  A customer survey is a method of collecting primary data. A customer survey gathers information on the research topic directly from respondents.

Primary data like surveys are costly and consume time to collect, unlike secondary data. Other methods of collecting primary data include administering questionnaires, direct or indirect personal interviews, field observations, and experiments.

One of the FBLA-PBL's goals is creating more interest in and understanding of
American business______
A. services
B. products
C. enterprise
D. mentorships

Answers

Answer:

C. enterprise

Explanation:

It says on its website where you click on their about page and scroll down to their goals.

Answer:

enterprise

Explanation:

FBLA-PBL is a non-profit organizations that was created to provide help for students who wanted to transition from their school life to the business world.

FBLA focused their operation to help students middle school-high school while PBL focused their operation to help students in College.

This organization taught the students with a couple of knowledge from Industry's expert about how to run and operate a businesses. They teach the students about things such as:

- a list of knowledge or expertise that will be seen as a valuable skill in a certain industry,

-  what to expect when they're interacting with their customers and employers,

- how to deal with investors,

-  etc.

I don't love you anymore
A pretty line that I adore
Five words that I've heard before
'Cause you keep me on a rope
And tied a noose around my throat
You're gone, then back at my door
'Cause if you're gonna leave
Better leave, better do it fast
Can't live a little longer
Sitting on your lap
'Cause you know what you're doing
When you're coming back
And I don't want to have
Another heart attack
Oh, I can't be
Your lover on a leash
Every other week
When you please
Oh, I can't be
The kiss that you don't need
The lie between your teeth
The cut that always bleeds
The cut that always bleeds
Say you love somebody new
And beat my heart, to black and blue
Then they leave, and it's me
You come back to
To say you loved me all along
And kissed the bruises 'til they're gone
Bittersweet, 'cause I can't breathe
Inside your arms
'Cause if you're gonna leave
Better leave, better do it fast
Can't live another minute
Bleeding from my back
'Cause I don't have another one
For you to stab
And I don't want to have
Another heart attack
Oh I can't be
Your lover on a leash
Every other week
When you please
Oh, I can't be
The kiss that you don't need
The lie between your teeth
The cut that always bleeds
The cut that always bleeds
But even though you're killing me
I, I need you like the air I breathe
I need, I need you more than me
I need you more than anything
Please, please
'Cause I could be
Your lover on a leash
Every other week
When you please
Oh, I could be
Anything you need
As long as you don't leave
The cut that always

Answers

Answer:

thats deep

Explanation:

Answer:

Explanation:Nym7ung

Tvhgffhjhg

Other Questions
Read the following passage. The speaker in this passage is the monster. What is theauthor's tone?"I am not mad," (the monster) cried energetically, "the sun and the heavens, whohave viewed my operations, can bear witness of my truth. I am the assassin of thosemost innocent victims; they died by my machinations. A thousand times would I haveshed my own blood, drop by drop, to have saved their lives; but I could not, myfather, indeed I could not sacrifice the whole human race."sorry/remorsefulangry/vindictivehumorous/happy Find FG. (idk how to write the question but apparently it needs to be longer) in "on imagination" by phillis wheatley, who is talking? Write a simple sentence with a compound subject and a compound verb. Which equation represents the graphed function?A. -3x+2=yB. -2/3x+2=yC. 3/2x-3=yD. 2x-3=yPlz help me I am taking the unit test on edge Which sentence has the correct placement of a semicolon?a Because Sarah is absent a great deal; she has a hard time keeping up nevertheless she is willing towork overtimeD. Because Sarah is absent a great deal, she has a hard time keeping up; nevertheless, she is willing towork overtimee. Because Sarah is absent a great deal, she has a hard time keeping up nevertheless, she is willing towork overtimePlease select the best answer from the choices provided B HELLLPPP FASTTTT I need soon What is this expression equivalent to? Will Give Brainliest! Image is below. i really need help please just answer at least one what was the primary reason the seven year war was fought Katherine lives (1 x 100) + (2 x 1) + (8 x 1/10 ) + (4 x 1/100 ) miles away from her grandma. Which number represents the distance in base-ten numeral? 120.84 102.841.084 121.24 What is the correct way to rewrite sentences 27 and 28?A. So in the best interest of my studies, my music, and my social life, Irespectfully request that you let me have my own room.B. Its in the best interest of my studies, my music, and my social life,therefore, I respectfully request that you let me have my own room.C. Its in the best interest of my studies, my music, and my social life, so Irespectfully request. That you let me have my own room.D. The sentences are written correctly in the passage.(27) So in the best interest of my studies, mymusic, and my social life. (28) I respectfully request that you let me have myown room. 9. Change the sentences below with in spite of (omit but, still).Eg: He looked tired. He still worked till evening.In spite of the fact that he looked tired, he worked till evening.a) He is young and energetic, but he does not like to work hard.b) There was lot of space, but only a few people were invited.c) They are well paid but they do not like to work hard.d) Bicycles are easy to ride, but teenagers do not like it.e) They were playing at home, but they lost the match. Does any one know how to do 1,4,5and 6 I did 2 and 3 already. Plz plz plz help For addition, drag tiles onto the board.To form a group, place one tile on top of another.-5(-2) = At an amusement park, there are 6,912 moon shoes and 4,436 cactus plants. There are a total of 13,336 prizes. How many spaghetti hats are at the amusement park? Solve for the value of h on paper.13,336 = 6,912 + 4,436 + hThere are _______spaghetti hats at the amusement park. i need some help with this question (5x+2x^2-3)-(6+x^2-8x) A sample of an ideal gas has a volume of 2.23 L at 289 K and 1.05 atm. Calculate the pressure when the volume is 1.08 L and the temperature is 304 K. P= atm which fungi has single cell