The amount a supplier pays to produce goods and services is called the:
a.price
b.supply
c.Demand
d.quantity supplied
e.cost
2007-02-21 11:59:12 · 7 answers · asked by yummycrummy07 1 in Social Science ➔ Economics
cost
2007-02-21 12:01:14 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Don't listen to these moops. I have a MBA grad degree from Columbia and the answer is "D" and here's why:
The quantity supplied supplicates the income of the producer. In turn the automatic increase of the ways and means of said business fluctuates with the economic trend that day based on the S&P index set at the close of the previous day. Are you with me so far? Good! Now, the offset of the S&P boosts the supply/demand of competitors, yet they won't see the gain until the following day if they base their price on cost alone whereas you've based your market share on "quantity supplied" leaving you at the high watermark in earning for that day... You've got them beat in the market *and* your production costs are lower!
Good Luck,
J. Zonk
Zonk Financial Institute
2007-02-21 20:15:30 · answer #2 · answered by johnny_zonker 3 · 0⤊ 1⤋
Cost
2007-02-21 20:22:01 · answer #3 · answered by cottagstan 5 · 0⤊ 0⤋
i'm 98% sure it's cost. price is what the consumer pays, supply is the availability of the product, demand is the need for the product. i'm not quite sure what quantity supplied is, but it's sounds self-explanatory. which leaves cost, the cost to produce a said product.
2007-02-21 20:03:35 · answer #4 · answered by stephieSD 7 · 0⤊ 0⤋
cost
2007-02-21 20:01:50 · answer #5 · answered by Mary O 6 · 0⤊ 0⤋
who do you want us to do your homework??
2007-02-21 20:02:03 · answer #6 · answered by dc_snow_rules 3 · 0⤊ 1⤋
e.
2007-02-21 21:42:26 · answer #7 · answered by monyx 3 · 0⤊ 0⤋