Answer:
A surplus exists in a market if the supply happens to be excessive
Explanation:
In a situation where there is surplus, this shows that the quantity supplied is more than the quantity demanded which would allow to incur low sales hence; there would be reduction in price in order to avert such and increase the demand.
Answer:
False
Explanation:
4PL is the term used for fourth party logistics. It has nothing to do with a truck company. Rather it refers to the party of logistics services provider who provides the services in which it further takes the charge of goods from 3rd party of logistics service provider.
It not only delivers the goods but rather provides the entire facility of storage and care in the entire process.
This basically is not a function of trucking company, but a company which manages the goods transportation in complete sense. It even includes insurance during transportation many times.
~Hello There!~
The fair trade logo means that the cost of the product provides a fair living wage for the workers that produced/created the items.
Hope This Helps You!
Good Luck :)
Have A Great Day ^_^
- Hannah ❤
Answer and Explanation:
The journal entry is shown below:
Overhead $4,700
Cost of goods sold $4,700
(Being overapplied overhead is closed)
Here the overhead is debited as it increased the expenses and credited the cost of goods sold as it decreased the expense
Answer: C, be more productive
Explanation: I just took the topic test on edgenuity.
