how supply and demand, scarcity, and economic measurement affect the legal form of business
Supply and Demand (Affects Pricing, Supply, and Income) - When a company provides large amounts of the product they are selling, the price tends to remain at a constant price. When a company begins to have too much of one product, they will usually lower the price to sell more of it. When a company begins to lack stocking the shelfs of their product, they will increase the prices so that they will not run out. When demand increases, prices might also increase because they are aware it is a chance to make profit. When demand decreases, the price decreases.
Scarcity - When a business faces scarcity, or the lack of stocking shelfs, the company could possibly lose income and in the future face serious economic issues. Most businesses that face scarcity, usually face bankruptcy within the next 7 years due to the slow or quick decrease in profit and supply. When businesses face scarcity, limits on the amount each household can purchase can be enforced and prices will increase dramatically. In 2021, there was a known 7% increase on prices of many food items.
Economic Measurement is explained throughout the two paragraphs.
A locally
Operated business produces locally demanded goods and services justify this statement
The best justification of the statement that a locally operated business produces locally demanded goods and services is:
They provide goods and services which the people in the area wants.According to the given question, we are asked to state the best justification of the statement that a locally operated business produces locally demanded goods and services
As a result of this, we can see that when a local business produces goods, then it is more liable to listen to the needs and demands of the local people and which would meet the customer's needs and also give profit to the business.
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Whenever you go into your local grocery store, your purchases are rung up using hardware that is a ______ system. The data from these purchases are likely to be acquired by leading marketing research firms.
Whenever you go into your local grocery store, your purchases are rung up using hardware that is a Scanner system. The data from these purchases are likely to be acquired by leading marketing research firms.
A scanner system is often in used in businesses to crosscheck the items that were purchased by the buyers. This helps to prevent theft and detect any other dishonest activities.
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The President of PDQ Corporation buys PDQ shares in the open market. After holding them for 3 months fully paid, the President wishes to sell the shares. The shares can be sold:
There are different ways to share shares. The shares can be sold immediately.
In a sale of shares, a company's shareholders often sell the shares that is entitling ownership of the company to a specific buyer. In the transaction, all the rights and responsibilities that pertains to the ownership of shares are transferred to the buyer.
Note that as long as the 6-month holding period needed has fulfilled on the restricted shares, and therefore, when they are donated, the charity can sell the shares immediately. There is therefore no need for another 6-month holding period be taken again.
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The President of PDQ Corporation buys PDQ shares in the open market. After holding them for 3 months fully paid, the President wishes to sell the shares. The shares can be sold:
A. immediately
B. after holding the securities for an additional 3 months
C. after holding the securities for an additional 6 months
D. after holding the securities for an additional 1 year
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what is the first thing you should do when you open an account
Answer : consider how much money you will add in your account and start saving up money
Explanation :
The purchase of merchandise, the sale of goods and services to customers, and expenditures to operate the business are all reported on the statement of cash flows under________________ activities.
Answer: Operating Activities
Explanation: The cash flow statement lists 3 activities: The operating activities which is the most important 1. It lists cash receipts, adjustments to net income plus depreciation, gain or loss on a fixed asset and changes in current assets and liabilities. The investing activities lists the purchase and sale of fixed assets. Finally, the finance activities focuses on paying its liabilities which can be issuing shares of stock, paying dividends, and receiving a long-term note payable.
Hope this info helps.
Company Z understands that their business is at risk. How can they use step two in the Decision-Making Process to reach their end goal of increasing sales and customer satisfaction?
Answer:
I have no clue
Explanation:
I need to answer something bc I'm new sorry
Answer:
Company Z can list the options on how to increase sales and make their business profit again. Some available options that can be listed are responding quickly to customer concerns instead of making them wait a long time, finding a way to have better parking, and to lower their overall prices when selling their products to customers.
Explanation:
For part a you are supposed to state what problems Company Z are having with their company, and if you look at the five steps, the next step for part b is to list some solutions to fix these problems. I hope this helps clarify part b a little bit!
The five steps are:
State the problem
List the options
Determine the pros and cons
Choose the best option
Evaluate the decision/choice
If you were running a company, describe at least two things you would do to improve its productivity. (1-4 sentences.)
Answer:
Two ways I would improve productivity would be to increase labor and create incentives. By increasing labor, you'd have more opportunities to keep people at a specified area that they are competent in. If you were to create positive incentives for the workforce, people are more likely to work harder and increase the company's productivity.
Explanation:
can someone help pick 1, 2,or 3 ?
Answer:
2no I think you are confused so
What is an example of an interpersonal skill?
a) being highly self-motivated
b) being very disciplined
c) Being punctual
d) achieving goals
When you borrow money, you are charged _____. When you put your money in the bank and save it, you earn _____.
Answer:
interest and interest
Explanation:
they are both a percentage and the earnings of the interest that are in your bank are much lower than when you borrow money, usually 0.6 percent that you earn. Rather when you borrow depending on the loan it can go up to 20 percent interest.
The salary at the new job is a(n). The benefits at the job are a(n). The job’s location is a(n). The potential for job satisfaction is a(n).
There are different kinds of employment benefits. The answers to the questions are;
The salary at the new job is an advantage The benefits at the job are an advantage The job's location is an advantageThe potential for job satisfaction is an advantageThere are different benefits from finding a good job. They include insurance in both medical, life, dental etc., vacation pay, holiday pay, maternity leave, bonuses etc.
Getting a good Job that has a good pay and very close to one's residence is very important as it will reduce your cost of spending.
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Keisha has received an offer for a job that pays a higher salary than her current job. It also offers health insurance for all the members of family. The new job is a distance from her home and will require a long commute, which will take her away from her family for many hours of the day. In addition, it provides the promise of advancement and future opportunities at that company. The salary at the new job is a(n) . The benefits at the job are a(n) . The job’s location is a(n) . The potential for job satisfaction is a(n) .
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Answer:
The salary at the new job is a(n)
✔ advantage
.
The benefits at the job are a(n)
✔ advantage
.
The job’s location is a(n)
✔ disadvantage
.
The potential for job satisfaction is a(n)
✔ advantage
where in the universe did the big bang take place?
Answer:
The dig dang happened everywhere in the universe
Explanation:
If the dollar amount of total return on your mutual fund is $165 and the original cost of your investment is $1,200, then what is your percentage of total return
Answer:
% 70
Explanation:
What is a line extension?
Jeff has been a project assistant for XYZ Corporation for five years. Recently he was asked to train Harriet, a new employee. He suggests that she use an Excel worksheet to lay out the projects she is currently working on, and she complies. He is using ________ power.
The power that Jeff is using towards the new employee is known as Expert power.
The term "Expert power" is used in relation to employee's skill.
Expert power refers to a perception that an employee has a higher level of specific skill set that others do not have in the organization.Jeff does possess Expert power because he has great skill set.Therefore, the power that Jeff is using towards the new employee is known as Expert power.
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A business is having trouble keeping up with the competition. They cannot
respond to their customers like the competition. Which type of system will
likely be able to help them solve this issue?
A. Transaction processing system
B. Management communication system
C. Management information system
D. Decision support system
Answer:
D
Explanation:
Jasmine has a gross pay of $754. 80. By how much will Jasmine’s gross pay be reduced if she has the following items withheld? federal tax of $31 Social Security tax that is 6. 2% of her gross pay Medicare tax that is 1. 45% of her gross pay state tax that is 18% of her federal tax a. $94. 32 b. $192. 83 c. $224. 60 d. $323. 11.
Based on her gross pay and the deductions to be made, after Jasmine pays off all these things, her pay would be less by a. $94.32.
The deductions that Jasmine needs to make are:
= Federal tax + Social security tax + Medicare tax + State tax
Solving the above would give:
= 31 + (6.2% x 754.80) + (1.45% x 754.80) + (18% x 31 which is federal tax)
= 31 + 46.7976 + 10.9446 + 5.58
= $94.32
In conclusion, her gross pay would be less by $94.32
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A country that imposes high tariffs encourages foreign-based companies to import goods A country that imposes high tariffs encourages foreign-based companies to import goods True False
It is false that a country that imposes high tariffs encourages foreign-based companies to import goods.
Tariff basically refers to a tax imposed on imports or exports of goods in the country by the Federal government.
Sometime, the tariffs are imposed to control the rate of importation into the country to prevent dumping.However, high tariff will lead to high cost of sales because the seller has to consider tax incurred.Therefore, it is false that a country that imposes high tariffs encourages foreign-based companies to import goods
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The ideal target market for a firm is the one in which it can profitably generate the greatest customer ________ and ________ it over time.
Answer:
Value; Sustain and Grow
Explanation:
Which of the following transactions would decrease cash?
A.Capital investment by the owner
B.Payments to creditors
C.Cash sales
D.Payments received from debtors
Answer:
B. Payments to creditors
A town passes a zoning ordinance preserving the architectural style of an area and requiring plantings in the parking strips. This is an example of ______.
By trying to preserve the architectural style of the area and the paintings, this is an example of Aesthetic zoning
What is Aesthetic zoning?
Tis is a type of zoning that is made to conform with architectural landscapes. The aim of this type of zoning is for the preservation of the aesthetics of the community.
This type of zoning is mostly done in those residential areas that are planned.
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__________________ occurs when there are different sets of organizational rules operating, and individual workers find it difficult to reconcile these rules.
Based on business organization management, Loss of Control occurs when there are different sets of organizational rules operating, and individual workers find it difficult to reconcile these rules.
What is Loss of Control?Loss of Control is the term used to describe the situation whereby different units of the organization are performing tasks that benefits the units alone rather than a common goal.
Loss of Control can also be likened to a situation where individual workers find it hard to harmonize rules from different top management in the firm or company.
Loss of Control usually occurs as a result of Decentralization.
Hence, in this case, it is concluded that the correct answer is Loss of Control.
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In a _____, the factors of production are owned collectively rather than individually, and no incentives to work harder or to produce quality products are provided.
Considering the style of government, in a socialistic economic system, the factors of production are owned collectively rather than individually, and no incentives to work harder or produce quality products are provided.
What is Socialism?Socialism is a style of government that operates so that the community owns all the properties, and every individual receives equally the economic resources allocated by the government.
Therefore, equal sharing reduces the incentives to work harder or produce quality products.
Hence, in this case, it is concluded that the correct answer is "Socialistic Economic system."
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what is a loan agreement and why is it important
Answer:
Loan agreements are an important part of borrowing money; they protect both the borrower and the lender. A loan agreement spells out the details of the transaction, including the loan amount, the interest rate, and the terms.
Explanation:
A car salesperson had $84,784 in total monthly sales for April and $107,270 in May. The salesperson earned $4,865 in total commission from those sales combined.
What is the salesperson's commission as a percent of the total monthly sales?
Enter your answer, rounded to the nearest tenth of a percent, in the box.
Answer:
2.5%
Explanation:
Answer:
2.5
Explanation:
I took the test
the document that states that the bank will pay a specified sum of money to a beneficiary, normally the exporter, on presentation of particular, specified documents is called the
The letter of credit is the financial document which tells that a bank will pay a specified sum of money to a beneficiary
Letter of credit is also called documentary credit or bankers commercial credit.
The financial document called "Letter of credit" is a a letter written by a financial institution which authorizing another institution to pay someone a sum of money.
This document is usually a mode of payment used for the importation of visible goods.
In conclusion, the document called "letter of credit" is the financial document which tells that a bank will pay a specified sum of money to a beneficiary
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13. The primary difference between GDP and Real GDP is
A. The amount of money made from foreign investments.
B. The amount of money spent in the country from only Americans.
C. It includes the income made by all Americans.
D. It accounts for inflation.
Answer:
I think option D is correct
HELP QUICK PLEASE!!!!! William is not generally a risk-taker, but he knows he may need to step out of his comfort zone to make enough money for retirement. Which investment option would best meet William’s needs?
a US savings bond
a savings account
a commodity
a certificate of deposit
Amelie received an email that claimed to be from a Nigerian prince who needed help setting up
a bank account but would pay thousands of dollars if Amelie helped him. What kind of email is
this?
a) Ad
b) Spam
c) Junk
d) Support
Answer:
Explanation:
Spam