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PtichkaEL [24]
3 years ago
14

When both the demand and supply curves shift, the curve that shifts by the larger magnitude determines the effect on the undeter

mined equilibrium object.?
Business
1 answer:
Pavlova-9 [17]3 years ago
8 0
The answer is No and we know this<span> because it doesn't consider the relative elasticises of supply and demand.For example, If demand decreases then the price decreases but if the supply decreases the proces will not be affected. </span>
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Which of the following statements is true? Tax rates refer to the percentage of income that is taxed, whereas tax revenues refer
ad-work [718]

Tax rates refer to the percentage of income that is taxed, whereas tax revenues refer to the dollars collected by the government in taxes.

7 0
4 years ago
Mark, Cal and Aidan have decided to form a business where all owners will share in operating the business and in assuming liabil
Llana [10]

The partnership most likely formed is a general partnership.

<h3>What is a general partnership?</h3>

A general partnership is when two or more people come together to form a business. The people who come together to create the business are referred to as partners.

In a general partnership, all the partners are responsible for the running the company. All the partners have an unlimited liability.

To learn more about partnerships, please check: brainly.com/question/9909227

4 0
2 years ago
Primara Corporation has a standard cost system in which it applies overhead to products based on the standard direct labor-hours
Gnoma [55]

Answer:

1. The fixed portion of the predetermined overhead rate for the year is $10,000 per direct labor hour.

2. The fixed overhead budget variance is $4,000 unfavourable and the fixed overhead volume variance is $10,000 favourable.

Explanation:

In order to calculate the the fixed portion of the predetermined overhead rate for the year we would have to use the following formula:

predetermined overhead rate for the year=<u>Total fixed overhead cost year</u>

                                                                          Budgeted direct labor-hours

                                                                     =$ 250,000/25,000

                                                                      =$10,000

1. The fixed portion of the predetermined overhead rate for the year is $10,000 per direct labor hour.

In order to calculate the fixed overhead budget variance, we use the following formula:

2. fixed overhead budget variance=Actual fixed overhead cost for the year- budgeted fixed overhead cost for the year

                                                     =$ 254,000-$ 250,000

                                                     =$4,000 unfavourable

In order to calculate the fixed overhead volume variance, we use the following formula:

fixed overhead volume variance=budgeted fixed overhead cost for the year-fixed overhead appliead to work in process

                                                     =$ 250,000-(26,000×10)

                                                     =$10,000 favourable

5 0
3 years ago
Randy earns $250 per week plus 4 ½ percent commission on the dollar amount of all of his sales. to the nearest dollar, what must
puteri [66]
Step 1) Make the equation describing the situation:
            y = 0.045 x + 250
Where x is the sales and y is his total earning.
if,
y = 500 (total earning)
then,
500 = 0.045 x + 250
500 - 250 = 0.045 x
250 = 0.045 x
x = 250/0.045
x =   $5,555.55
The total value of his sales should be $5,555 to earn a total of $500.
8 0
4 years ago
Jerome Corporation's bonds have 15 years to maturity, an 8.75% coupon paid semiannually, and a $1,000 par value. The bond has a
aleksklad [387]

Answer:

5.01%

Explanation:

The bond nominal yield to call is  5.01%

4 0
4 years ago
Read 2 more answers
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