Answer:
Equilibrium Price - 3
Equilibrium Quantity - 3
Explanation:
The price at which there will be equilibrium in the chocolate market is 3 units while the corresponding quantity is also 3 units.
<u>The equilibrium price and quantity represents the price and quantity where the demand for a product is equal to the supply for the same product respectively.</u>
<em>In the graph, the point of intersection of the demand and the supply curve represents the equilibrium point. At this point, the price on the Y axis is 3 units while the corresponding quantity on the X axis is also 3 units.</em>
Answer:
Inappropriate budgeting and control system
Explanation:
If there is no proper budgeting with respect to the revenues, expenses and also if there is no proper control than the implementation of the vision and strategies would become difficult due to which organization is not able to accomplish its goals and objective within a prescribed time
There should be proper structure of work by considering the budgeting and control system as if any organization would ignore this then they would lead to suffered high losses
Therefore as per the given scenario, the third option is correct
Answer:
C. Stock analysts can use fundamental analysis to identify undervalued stocks
Explanation:
The answer is that Felix builds his portfolio on the supposition that stock analysts can use fundamental analysis to identify undervalued stocks because the statement indicates that Felix decides to pay to a manager who handles the mutual fund's portfolio to help him find stocks that will increase their value. From this, you can inferred that Felix considers that as the manager works with stocks that he has the knowledge and tools to be able to advise him on the stocks that will increase their value given the constant change and the unpredictability of the stock market.
Answer:
A. Producers raise prices to continue to make a profit.
Explanation:
Answer:
Contribution margin = $19.45
Explanation:
solution
we get here first total Variable cost that is express as
total Variable cost = Direct materials + Direct labor + Variable manufacturing overhead + Sales commissions + Variable administrative expense .....................1
put here value we get
total Variable cost = 5.6 +4.05 + 2.05 + 1.3 + 0.55
total Variable cost = $13.55
so now we get
Contribution margin that is
Contribution margin = Sales - total Variable cost ...................2
Contribution margin = 33 - 13.55
Contribution margin = $19.45