answersLogoWhite

0

What else can I help you with?

Continue Learning about Economics

Why would a company's manager be concerned about quantity of its purchase returns id its suppliers allow unlimited returns?

A manager would be concerned about the quantity of purchase returns even if suppliers allow unlimited returns because high return rates can indicate underlying issues, such as product quality problems or misalignment with customer expectations. Excessive returns can lead to increased operational costs, disrupt inventory management, and distort sales forecasts. Additionally, frequent returns may damage relationships with suppliers and affect the company's reputation if customers perceive the products as unreliable. Ultimately, managing returns effectively is crucial for maintaining profitability and operational efficiency.


What is the price at which consumers will purchase the same quantity of a product that suppliers will produce?

The equilibrium price is the price at which consumers will purchase the same quantity of a product that suppliers will produce.


What is the Importance of equilibrium price and quantity?

The importance of equilibrium price and quantity is that it creates a point where there is no pressure on the market to shift supply or demand. Suppliers supply exactly the quantity demanded.


A measure of how suppliers react to a change in price?

The answer will most likley be (b) quantity supplied


If the price is less than the equilibrium price what is the relatiionship of quantity supplied to quantity demanded?

If the price is low, suppliers may well not wish to supply the full quantity that is demanded by consumers.The quantity demanded and quantity supplied determines the equilibrium price in the market. The quantity where these two are equal, that is where the market price is set.

Related Questions

What is the price at which consumers will purchase the same quantity of a product that suppliers will produce?

The equilibrium price is the price at which consumers will purchase the same quantity of a product that suppliers will produce.


What are the roles of suppliers?

responsibilities of a quantity surveyor


How much does amyl cost?

The cost of amyl can vary depending on the type and quantity you are looking to purchase. It is recommended to check with local suppliers or online retailers for current pricing information.


Where can you find methylcellulose for sale in large quantities?

Use the link below to begin your search for suppliers of methylcellulose in quantity. Three suppliers are listed.


What is the Importance of equilibrium price and quantity?

The importance of equilibrium price and quantity is that it creates a point where there is no pressure on the market to shift supply or demand. Suppliers supply exactly the quantity demanded.


A measure of how suppliers react to a change in price?

The answer will most likley be (b) quantity supplied


What is quantity of purchase?

number of the items


If the price is less than the equilibrium price what is the relatiionship of quantity supplied to quantity demanded?

If the price is low, suppliers may well not wish to supply the full quantity that is demanded by consumers.The quantity demanded and quantity supplied determines the equilibrium price in the market. The quantity where these two are equal, that is where the market price is set.


How much does a breeze block cost?

The cost of a breeze block can vary depending on your location and the quantity you purchase. On average, a single breeze block can cost anywhere from $1 to $3. It is recommended to contact local hardware stores or suppliers for specific pricing information.


What is mean by minimum base quantity?

Minimum base quantity refers to the smallest amount of a product that a supplier is willing to sell in a single transaction. This minimum quantity requirement helps ensure that suppliers can efficiently manage their inventory and production processes.


How does the relationship between price and quantity impact supply in the market?

The relationship between price and quantity impacts supply in the market through the law of supply. As the price of a good or service increases, suppliers are more willing to produce and sell more of it, leading to an increase in supply. Conversely, if the price decreases, suppliers may reduce the quantity they are willing to supply. This direct relationship between price and quantity supplied helps determine the overall supply levels in the market.


How many calories are in sprinkles?

trace amounts based on quantity - be more concerned about artificial colors