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Murrr4er [49]
3 years ago
5

How do humans respond to price? How does this relate to the study of economics?

Business
1 answer:
vagabundo [1.1K]3 years ago
4 0
When prices are high, people stress more.
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mini case the great little box company canadian company that manufactures and distributes custom and stock
valkas [14]

The levels of organizational culture that are described are socially coordinated efforts and greater personal satisfaction for everyone.  

From the complete question, the new employees can be socialized by getting involved in the company's social activities such as summer grills, paintball rivalries, etc.

Lastly, the cultural significance of the open-book management technique is that it ensures financial transparency and ensures that employees do their jobs more effectively.

Learn more about organizational culture on:

brainly.com/question/2935389

4 0
3 years ago
Accounts receivable $ 35,000 debit Allowance for uncollectible accounts 500 credit Net Sales 180,000 credit All sales are made o
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Answer:

$1,080

Explanation:

Calculation for the amount that should be debited to Bad Debts Expense

Using this formula

Bad Debts Expense=Net Sales× Percentage of net credit sales uncollectible.

Let plug in the formula

Bad Debts Expense=180,000 credit×0.6%

Bad Debts Expense=$1,080

Therefore the amount that should be debited to Bad Debts Expense when the year-end adjusting entry is prepared will be $1,080

5 0
3 years ago
A new study on the health benefits of vitamin C has caused more people to prefer orange juice. At the same time, a freeze in Flo
nordsb [41]

Answer:

<u>an increase in the price of oranges.</u>

Explanation:

The price of oranges increased because there was an event that influenced the balance of demand and supply. The Florida freeze that devastated the orange crop was an event that affected supply, so as there was greater demand for an orange good, and lower supply for orange, there was an imbalance in the supply and demand curve that caused an increase in supply. price because demand is greater than supply.

8 0
4 years ago
A decrease in the demand for pastry chefs may come about because of an:
SOVA2 [1]

Answer:

D) Increase in the market wage rate for pastry chefs.

Explanation:

A decreased demand may be caused by an increased wage rate of pastry chefs. Since a bakery may hire this expensive labor and produce pastries, this will result in increased cost for the bakery, this will be passed on to the consumers in turn for increased prices. Consumers will buy less of it and thus demand for pastries will fall requiring bakeries to hire less chefs.

Hope that helps.

7 0
4 years ago
Suppose that Jack and Hal and Sophia enter in to a contract for the sale of the business. Jack however was drunk at the time tha
Katyanochek1 [597]

Answer:

The contract is valid unless Jack did not know he was entering into the contract or lacked the mental capacity to comprehend its nature.

5 0
4 years ago
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