A shortage in the marketing occurs if the quantity demanded is larger than the quantity supplied. If a shortage exists in a market, the natural tendency is for the price to increase. Gas is a great example if price increases when there is a shortage within the market. Whenever there is a shortage in gas we often see the price of gas driving upwards of cents to dollars more per gallon. This happens because the market is aware that even with the increase in price, people still need purchase gas to live daily life. Therefore, as it's rising in price, people are still purchasing and likely it will keep climbing for a little while.
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Answer:
The Correct answer is "liability of foreignness"
Explanation:
Walmart didn't redo its methodologies for Germany and kept it same as that what it practiced in America. This came about into the social contrasts that forestalled Walmart from growing in Germany. In addition, the Company likewise acquired greater expenses in the field of coordination since it was new to the locale. Hence, together these elements called for greater expenses that were exposed to the liability of foreignness.
Answer:
Total relevant cost = $143,288
Explanation:
In a make-or buy decision , to determine the optimal course of action we compare the purchase cost of the component from the external market to the relevant variable cost of internal production. Where the relevant cost of in-house production is less than the external price, the company should produce internally and vice versa
Differential cost per unit = 16 - 12 = $4
Total relevant cost = $4× 35,822 = $143,288
Total relevant cost = $143,288
Note the fixed cost of $10 per unit is exclude because it is not relevant ; it would be incurred either way
Answer:
E. To verify that property was sold at its fair market value
Explanation:
Adequacy of consideration is an aspect of law that says a lawful agreement is made when the buyer of a good or service gives a fair price for offerings made by the seller.
The fair price may however come in different forms - property, a promise to perform an action, an act, or money.
For example if a person offers to sell a car at $3,000 and the buyer accepts this price, the agreement is said to have adequate consideration.
If a court determines that a contract does not meet fair market price of goods and services sold, it can nullify the contract