Answer:
The correct answer will be the "proportion of firms with flexible prices".
Explanation:
- The sticky market or price mechanism induces on the upward steep slopes quantity supplied for the immediate term cumulative. That was because firms reacting to changes and differences in economic conditions are restrictive in fluctuating prices.
- We addressed the explanations or causes behind the strength and stiffness throughout this section.
So that the above is the correct solution.
A form of verbal contract. There is an agreement between Lee and Gayle; there is an offer, an acceptance of offer and consideration.
What the case in the question describes in terms of what Britney’s pricing objective is called sales-orientation. Sales-orientation means that <u>the business approach is to make profit by focusing on persuading people to buy their products instead of understanding what the customer actually requires. </u>
The contrast to this approach is called <em>market orientation</em>, where the business seeks to understand what the customer wants and needs and believe that the answer to this would mean increased profits and revenue for the company.
Answer:
Here's an example
I sell bead bracelets for $5.00. The chord I use to make them is $2.50 for 5 feet. Each bracelet needs 1/4 of a foot of chord. That is $0.13 worth of chord per bracelet. The beads I use are 30 beads for $1.00. I use 5 beads in each bracelet. That is $0.17 worth of beads per bracelet. The total price of the materials per bracelet is 30 cents. Let's say It takes me 10 minutes to make a single bracelet. If I sell the bracelet at 30 cents, I would no have made a profit and would instead lose 10 minutes of my time. If I sell it for anything less, I would be losing money and time. If I want to make a profit, I need to add the money I want to make plus the cost of resources. Therefore, if I want to make a profit of $4.70, I must sell the bracelets for $5.00.
Answer:
B. Materials Control XXX Work in minus Process Control XXX
Explanation:
The journal entry is as follows
Material Control XXX
To Work in process control
(Being the disposal value is recognized)
While recording this given entry we debited the material control account and credited the work in process control so that the correct posting could be done
Hence, the correct option is B.
