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xxMikexx [17]
3 years ago
10

The signals that guide the allocation of resources in a market economy are

Business
1 answer:
Vlad1618 [11]3 years ago
7 0
The answer to this question is the term prices. Prices are the value of a certain product or services. A price is the value or amount of money being paid in exchange of the product being bought. In pricing a product or service, a markup is being set to the price.
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Dock Corporation makes two products from a common input. Joint processing costs up to the split-off point total $33,600 a year.
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Answer:The minimum amount is the price that will give a profit of $3700

Explanation:

The minimum amount the company should accept for product X if it's to be sold at the split off point it's maximum amount they will earn as profit if they sales after further procession.

The total cost the company will incur if they process further it's the cost they incurred at the split off point and at further procession which equals ($16,800+$15,000) =$31,800

On sales after procession they will earn a price of $35500 which means a profit of $3700 this means the firm should sale product X at spilt off point for a price that will bring a minimum profit of $3700.

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Presented below is information related to the purchases of common stock by Flint Company during 2020. Cost (at purchase date) Fa
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Solution attached in picture

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