Chicken wing chicken wing hot dog and bologna
If the price of a product falls to what is considered a bargain price, a shortage would occur.
A shortage occurs when the quantity demanded exceeds the quantity supplied. A shortage occurs when price is below the equilibrium price.
A surplus is when the quantity supplied exceeds the quantity demanded. A surplus occurs when price is above the equilibrium price.
When the price of a good falls to what is considered a bargain price by consumers, it means that the price of the good is below the equilibrium price.
When the price of a good is below equilibrium, quantity supplied would fall and the quantity demanded would exceed supply. As a result, there would be a shortage.
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Answer:
False
Explanation:
The contribution margin will be higher for the company with the highest fixed expenses. Contribution margin = selling price - variable cost
For example:
Company A Company B
sales price per unit $100 $100
total costs per unit $80 $80
variable costs per unit $50 $40
<u>fixed costs per unit $30 $40 </u>
contribution margin $50 $60
The captive offshoring model allows for risk solely based on the Ricardian model.
<h3>
What is the Ricardian model?</h3>
- While the Heckscher-Ohlin model exclusively examines trade in finished goods, the Ricardian model can be used to assess offshoring.
- There is no distinction because offshore may be studied using the offshoring, Ricardian, and Heckscher-Ohlin trade models.
- The Ricardian model is an economic theory that proposes that countries export what they can produce most efficiently and plentifully.
- Ricardian model is used to evaluate trade as well as, the equilibrium of trade between two countries that have varying specialties and natural resources
- The Ricardian model shows that if anyone wants to maximize total output in the world, then one should fully employ all resources worldwide, allocate those resources within countries to each country's comparative advantage industries, and allow the countries to trade freely thereafter.
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Answer:
Salesperson compensation
Explanation:
According to straight commission plan the sales person is paid compensation on the basis of a fixed percentage of the total sales volume rather than paying a fixed salary.
This method encourages the sales persons to work efficiently towards increasing the sales in return for a compensation or commission.
In this particular case Tyron will receive 10% of $ 6,000 that is $ 600 as a commission for making these sales of $ 6,000.
