Which of the following is the best example of the law of supply?
A)
a sandwich shop increase the number of sandwiches it makes when the price it can charge is increased
B)
a milling company buys a new factory to press flour to export
C)
a catering company buys a new dishwasher
D)
a food producer increases the number of acres of wheat he grows to supply a milling company
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following is the best example of the law of supply? A) a sandwich shop increase the number of sandwiches it makes when the ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Megan considered the median income and median value of homes in different cities to measure economic inequality. what is the unit of analysis in her study?
Answers (1)
Which piece of information would most accurately be written down regarding references for your potential employer? A. Name of organization B. Relationship to reference C. Reason for reference D. Amount of references
Answers (2)
There are 2 methods of accounting for uncollectible receivables: Direct Write-Off and Allowance methods. Describe and compare these methods. Make sure to include how estimates can be calculated for the Allowance method.
Answers (1)
True or false: The fundamental activities of a business are selling activities and marketing activities.
Answers (1)
Why can deadweight loss occur when a price is below the equilibrium even when some consumers benefit from it? Consumers will purchase more of the good at a price below equilibrium.
Answers (1)
New Questions in Business
Choose the BEST paraphrase of this sentence: Tashkent, the capital of Uzbekistan, has been an important market and trading place for hundreds of years.
Answers (1)
Economic exposure, a category of foreign exchange risk, is distinct from transaction exposure, which is concerned with the effect of exchange rate changes on individual transactions, most of which are short-term affairs that will be executed within
Answers (1)
According to liquidity preference theory, if there were a surplus of money, then A. the interest rate would be above equilibrium and the quantity of money demanded would be too large for equilibrium. B.
Answers (1)
Moonbeam Company manufactures toasters. For the first 8 months of 2017, the company reported the following operating results while operating at 75% of plant capacity: Sales (349,400 units) $ 4,372,000 Cost of goods sold 2,595,000 Gross profit
Answers (1)
What equipment should you use to reheat food? A. A stove B. A heat lamp C. A steam table D. A chafing dish
Answers (1)