Complete the following table by selecting the term that matches each definition.
pick either: quantity supplied, supply curve, supply schedule, or law of supply for each.
1. a graphical object showing the relationship between the price of a good and the amount that sellers are willing and able to supply at various prices.
2. the claim that, other things being equal, the quantity supplied of a good increases when the price of that good rises.
3. the amount of a good that sellers are willing and able to supply at a given price.
4. a table showing the relationship between the price of a good and the amount of it that sellers are willing and able to supply at various prices.
Answers: 3
Business, 21.06.2019 14:20
The manager of a branch office of banco mexicali observed that during peak hours an average of 20 customers arrives per hour and that there is an average of 6 customers in the branch office at any time. how long does the average customer spend waiting in line and being serviced?
Answers: 2
Business, 23.06.2019 00:20
Firms like papa johnโs, dominoโs, and pizza hut sell pizza and other products that are differentiated in nature. while numerous pizza chains exist in most locations, the differentiated nature of these firmsโ products permits them to charge prices above marginal cost. given these observations, is the pizza industry most likely a monopoly, perfectly competitive, monopolistically competitive, or an oligopoly industry?
Answers: 1
Business, 23.06.2019 00:50
On january 1 of the current year, jimmy's sandwich company reported owner's capital totaling $128,000. during the current year, total revenues were $106,000 while total expenses were $95,500. also, during the current year jimmy withdrew $30,000 from the company. no other changes in equity occurred during the year. if, on december 31 of the current year, total assets are $206,000, the change in owner's capital during the year was:
Answers: 3
Business, 23.06.2019 01:40
During a liquidation, a partner's capital account balance drops below zero. what should happen? select one: a. the deficit balance should be removed from the accounting records with only the remaining partners sharing in future gains and losses.b. the partner with a deficit should contribute enough assets to offset the deficit balance if he is solvent.c. the other partners should contribute enough assets to offset the amount of deficit if the partner with a deficit is insolvent.d. both b & c
Answers: 3
Complete the following table by selecting the term that matches each definition.
pick ei...
pick ei...
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