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adoni [48]
4 years ago
6

Consider the market for portable air conditioners, initially in equilibrium. when a heat wave strikes, the equilibrium price:

Business
1 answer:
mihalych1998 [28]4 years ago
4 0
I suppose there should be an options to choose. Anyway, I've found these options and I think, that the answer is: when a heat wave strikes, the equilibrium price <span>and quantity both increase. Equilibrium price is the price where </span><span>the supply and demand are matched.</span>
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A firm organized on the basis of retail customers and wholesale customers utilizes the concept of departmentalization by
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Customer

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3 years ago
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Read 2 more answers
What is the purpose of using predetermined overhead rates: Variation in cost assignment due to short-term variations in volume c
Sunny_sXe [5.5K]

Answer:

All of the answers are correct.

Explanation:

At the beginning of the accounting period a pre-determined overhead is computed by dividing the estimated overhead production by the estimated basis of operations. The default overhead rate is then applied to manufacturing, so that the standard cost for a product may be calculated

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Delays in product costing can be avoided

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The Use of predetermined overhead rates serves all the above purposes

Hence, all answers are correct.

6 0
3 years ago
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