________ refers to the quantities of a good or service that producers will provide on a particular date at various prices
A) Necessity
B) Supply
C) Demand
D) Utility
E) Want
Answer: B
Explanation: Supply refers to the quantities of a good or service that producers will provide on a particular date at various prices.
You might also like to view...
The balance of H. Howard, Drawing on December 31, 20--, is $13,000 . To close the Drawing account, the accountant would record
a. None of the answers listed b. a credit to H. Howard, Drawing. c. a debit to H. Howard, Drawing. d. a credit to Capital.
Consumerism is
A. the efforts of independent individuals, groups, and organizations to protect the rights of consumers. B. President John F. Kennedy's consumer bill of rights. C. marketers' efforts to contribute to the satisfaction and growth of the communities in which they operate. D. the right to be informed. E. the specific development, pricing, promotion, and distribution of products that do not harm the environment.
Sunrich Company can process solar energy into an inexpensive fuel for internal combustion engines. As an innovator in its market, Sunrich currently has the power to affect the price of its product. This is? A) market power
B) predatory pricing. C) price discrimination. D) monopsony power.
Tender is:
a. a proper initiation of a contract b. failure to provide a sufficient offer of performance under a contract c. a valid and sufficient offer of performance under a contract d. a type of contract e. a contact that allows the offeree to terminate the contract at any point