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myrzilka [38]
2 years ago
5

Over longer periods of time, increases in oil prices provide firms with incentives to explore and recover oil. What does this in

dicate about the long run price elasticity of supply for oil
Business
1 answer:
ki77a [65]2 years ago
5 0

Answer:

This proves that the demand for different types of oil have an effect for the prices and supply dealing with oil.

Explanation:

I hope this helps, if it doesn't then just message me and ill be more than happy to help :)

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What shows the quantities of products demanded at each price by all consumers in a market? an elasticity and consumption list a
Tanzania [10]
A market demand schedule,
4 0
3 years ago
Read 2 more answers
A static budget is one that shows estimated revenues and costs at multiple activity levels. true or false
maxonik [38]

Answer:

A static budget is one that shows estimated revenues and costs at multiple activity levels.

True

Which of the following is not typically found in a decentralized organization?

Asset center

Explanation:

3 0
3 years ago
"Luxury Linens (LL) manufactures a line of luxury bed linens. LL's products can be purchased only through the company's web site
natulia [17]

Answer:

vertical integration

Explanation:

In this case, Luxury Linens is both producing and selling their products. This means that they vertically integrated the sales channel.

There are two types of integration strategies:

  • vertical integration: e.g. when a producer decides to acquire a supplier or decides to produce their own supplies and not buy them from someone else. Or the producer can decide to start selling and distributing their products directly to the final customers.
  • horizontal integration: e.g. when a large online retail store like Amazon decides to acquire or start operating other types of retail stores like Whole Foods or other brick and mortar stores. A company will acquire or merge with another company that operates in the same level.
4 0
3 years ago
ABC Concept manufactures small tables in its Processing Department. Direct materials are added at the initiation of the producti
scoray [572]

Answer:

6,237

Explanation:

For computation of Abnormal spoilage totals first we need to find out the total spoiled units and normal spoiled units is shown below:-

Total spoiled units = Units in beginning Work in progress + Unit started - Units completed and transferred out - Units in ending Work in progress

= 23,000 + 76,500 - 72,100 - 19,000

= 99,500 - 72,100 - 19,000

= 8,400

and

Normal Spoiled units = Units completed and transferred out × Spoiled units percentage

= 72,100 × 3%

= 2,163

Abnormal Spoilage totals = Total spoiled units - Normal Spoiled units

= 8,400 - 2,163

= 6,237

Therefore for computing the abnormal spoilage totals we simply applied the above formula.

4 0
4 years ago
You are a very small company that sells healthcare insurance plans. You estimate that the breach of your customer database will
liq [111]

Answer:

Spend $25000 on cyber insurance to transfer the risk

Explanation:

A cyber insurance is the best option since it protects the business from internet based risk such as the breach of customer database and other risks involved in the use of the internet by businesses and individual internet users.

The cost of purchasing a Data Loss Prevention solution that would cost $30000 per year will amount to $150000 in 5 years which will be more expensive compared to the cost of the risk it is been used to prevent. hence it is not a good option. also accepting the risk is a very bad option becasue the risk might harm the business beyond expectation.

5 0
3 years ago
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