The theory that quantity supplied and price are positively related, other things constant, is referred to as the law of: opportunity cost profit maximization demand supply
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The theory that quantity supplied and price are positively related, other things constant, is referred to as the law of: opportunity cost ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
An investor buys $16,000 worth of a stock priced at $20 per share using 60% initial margin. The broker charges 8% on the margin loan and requires a 35% maintenance margin. The stock pays a $.
Answers (1)
If a company purchases equipment costing $4,500 on credit, the effect on the accounting equation would be:
Answers (1)
A company borrowed 10,000 by signing a 180-day promissory note 9%. the total interest due on the maturity date is: (use 360 days a year)
Answers (1)
Cheryl is a senior legal secretary of a large software company. Her job duties include handling legal secretarial duties, managing the legal support team, and advising managers on the legal aspects of their teams.
Answers (2)
Who of the following is not included in the Bureau of Labor Statistics' "employed" category? a. those who worked in their own business b. those who worked as unpaid workers in a family member's business c.
Answers (1)
New Questions in Business
There are five stakeholders a company must consider when practicing social responsibility: Group of answer choices Employees Investors Environment Community Countries Customers Board of Directors
Answers (1)
Mize Company provided $45,500 of services on account, and collected $38,000 from customers during the year. The company also incurred $37,000 of expenses on account, and paid $32,400 against its payables.
Answers (1)
Describe three of the five different types of investments available to consumers and the advantages and disadvantages of each.
Answers (1)
An investment will pay $ 287 comma 280 at the end of next year for an investment of $ 190 comma 000 at the start of the year. If the market interest rate is 8 % over the same period, should this investment be made?
Answers (1)
A consumer makes purchases of an existing product X such that the marginal utility is 10 and the price is $5. The consumer also tries a new product Y and at the current level of consumption it has a marginal utility of 8 and a price of $1.
Answers (1)