Answer:
Check the difference between each two / each pair if buyer and seller.
(note that the surplus could be split between them, making it effectively a win-win-scenario. but it could also be extremely good for one of them, yet just at the limit for the other one)
a) $11
b) $8
c) $6
d) add every max. buying price up ($64) and do the same with all the minimum selling prices ($33)
the difference between these two is your answer: $31
Answer: (C) Social comparison
Explanation:
The social comparison theory is one of the type of comparison in terms of socially and personally worth for the purpose of self motivation and self improvement or awareness about their image.
This theory is basically developed by the Leon festinger in the year 1954 for self evaluating their own abilities, skills and different opinions with others.
According to the given question, the social comparison theory maintain the relative relationship in an organization with the lower position employees.
Therefore, Option (C) is correct answer.
Answer:
b. increase expenses by $12,900
Explanation:
The final balance of Store Supplies were 19,350, but the actual year-end store supplies inventory were 6,450. That means that from all purchase 12,900 (19,350 – 6450) were used during the accountable year, therefore, those were expenses that should be recognized.
The adjusting entry is: Debit supplies expense for 12,900 and credit supplies for an equal amount.
Answer:
87%
Explanation:
The computation of the likelihood for high demand is as follows:
Given that
The high consumer demand probability = P(H) = 0.6
The low consumer demand probablity = P(L) = 0.2
The Probability of favorable survey response given high consumer demand = P(F ÷ H) = 0.9
And,
Probability of favorable survey response given low consumer demand = P(F ÷ L) = 0.2
Now, determine the probability of high demand that the market report is favorable = P(H ÷ F)
P(H ÷ F) = (P(F ÷ H) × P(H)) ÷ (P(F ÷ H) × P(H)) + (P(F ÷ L) × P(L))
= ((0.9) × (0.6)) ÷ ((0.9 × 0.6) + (0.2 × 0.4))
= 0.87096
= 0.87096 × 100
= 87%
Answer:
Hi
When a curve moves, the price and the amount of equilibrium change. An increase in demand causes an increase in both price and the amount of balance. A decrease in demand causes a decrease in both the price and the amount of equilibrium.
In the real world, it is easier to predict changes in supply than changes in demand. Physical factors that affect supply, such as weather or the availability of inputs, are easier to control than changes in restrictions that affect demand. Taking into account supply and demand, we can also better anticipate the effects of shifts in the supply curve. An excess of demand causes an increase in the price and a decrease in the quantity demanded, when the supply of a good or a reduced service, the equilibrium price of that good or service increases and the quantity of controlled equilibrium. In summary, an increase in the supply of a good causes a decrease in the price and an increase in the amount of equilibrium. A decrease in supply causes an increase in price and a decrease in the amount of balance.
Explanation:
