Ask Question
BusinessBusiness
18 January, 09:34

Suppose that you are a bicycle producer. In 2 or 3 sentences, explain why you are willing to supply the most bicycles at the highest price.

+2
Answers (1)
  1. 18 January, 10:04
    0
    I think the only reason that Im willing to supply the most bicycle at the higher price depends on the demand and the competition, if the competition has low and the demand is high, I would sell it in high price. I hope you are satisfied with my answer and feel free to ask for more if you have question and further clarifications
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Suppose that you are a bicycle producer. In 2 or 3 sentences, explain why you are willing to supply the most bicycles at the highest price. ...” 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
Play Inc. owns 100% of Station Corp.'s common stocks. On January 1, 2015, Play sold to Station for $50,000 an equipment with a carrying amount of $30,000. Station is depreciating the equipment over a 5-year life using the straight-line method.
Answers (1)
In 2016 the Bureau of Labor Statistics reported that there were 71.9 million people over age 25 who had at least a bachelor's degree. Of these 52.1 million were employed and 1.3 million were unemployed.
Answers (1)
An electronics firm sells four models of stereo receivers, three amplifiers, and six speaker brands. When the three types of components are sold together, they form a "system." How many different systems can the electronics firm offer?
Answers (1)
Company reported net income for 2018 in the amount of $50,000. During 2018, Getaway declared and paid $2,000 in cash dividends on its nonconvertible preferred stock. Getaway also paid $10,000 cash dividends on its common stock.
Answers (1)
Which of the following liabilities would most likely be listed last on a statement of financial position? Select one:a. Bonds payable, due in 20 years. b. Accounts payable. c. Note payable, due in 3 years. d. Income taxes payable.
Answers (1)
New Questions in Business
What term refers to a set amount of money kept in the cash register to make change with? A. Excess cash B. Standard cash stock C. Cash drop D. Cash float
Answers (1)
Torres travel's stockholders' equity at the beginning of march 2014 was $200,000. during the month, the company earned net income of $50,000 and paid dividends of $10,000. at the end of march 2014, what is the amount of stockholders' equity?
Answers (1)
In the Keynesian model, it is assumed that, when demand for a firm's product changes, the firm: A. changes prices to meet the demand. B. changes production levels to meet the demand. C. changes prices and production levels to meet demand. D.
Answers (1)
If you purchased a camera in Britain for 100 pounds what would be the price in U. S. dollars if one pound is worth 1.40? A:71 B:100 C:140 D:1400
Answers (1)
Gontier corporation stock currently sells for $64.18 per share. the market requires a return of 12 percent on the firm's stock. required: if the company maintains a constant 5.
Answers (1)
Home » Business » Suppose that you are a bicycle producer. In 2 or 3 sentences, explain why you are willing to supply the most bicycles at the highest price.
Sign Up Forgot Password?