Answer:
B. the unrestrained market economy leads to too few or too many resources going to a specific economic activity.
Explanation:
The economic situation whereby the distribution of goods and services in the free market becomes inefficient is known as Market Failure. It is the phenomenon in which price system fails to account for all the costs and benefits necessary to provide and consume a good or service. It occurs when the unrestrained market economy leads to too few or too many resources going to a specific economic activity. It also occurs when there is a state of disequilibrium in the market due to market distortion.
True statements:
Economic stability means fair distribution of goods in an economy
Full employment is a macroeconomic goal
Inflation is a rise in the prices of goods & services.
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Answer:
d. $73,500
Explanation:
The computation of the estimated total manufacturing overhead for the customizing department is shown below:
= Total fixed manufacturing overhead cost + Variable manufacturing overhead cost
where,
the variable manufacturing overhead cost = Customized Direct labor-hours × Variable manufacturing overhead per direct labor-hour
= 7,000 units × $5
= $35,000
And, the Total fixed manufacturing overhead cost is $38,500
Now put these values to the above formula
So, the answer would be equal to
= $38,500 + ($7,000 hours × $5 per hour)
= $38,500 + $35,000
= $73,500
<span>An effective team would never have only one person do the work.
An effective team would work together as one to strive for their goal.
</span>
Answer:
Growth
Explanation:
The stage of growth is defined as the period or year during which the product in due course and increasingly acquire or gains the acceptance among the industry, customers and wider general public.
So, the growth stage is that stage where there is rapid increase in sales and other firms started to market the competing the products and also lower the unit costs.