the common method of trading in the distant past is known as marketing
Answer:
To Determine
Job order costing
Job order cost system provides a separate record of each particular quantity of product that passes through the factory. Each quantity that is manufactured in the business is known as job. Job order costing is used when the product produced are significantly different from each other.
To record: the journal entry to record all the summarized operations.
View image for journalized entry.
Answer:
$4
Explanation:
the relevant total cost is 4 dollars
Because of the wealth effect, a rising aggregate price level "reduces" the purchasing power of wealth and therefore "reduces" the aggregate quantity of output demanded.
<h3>What is wealth effect?</h3>
According to the wealth effect, a behavioural economic hypothesis, customers will spend more money even if their income stays the same.
The effect of wealth effect on aggregate demand is-
- People will increase their consumption as their wealth rises. Thus, at lower price levels compared to higher price levels, the consumption component of aggregate demand will be stronger.
- A person's desire for inexpensive fast food is likely to decline as their income rises, but their desire for more costly steak may increase.
To know more about the aggregate demand and aggregate supply, here
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Answer:
Process Conflict
This is the type of conflict that occurs among the team members due to the difference in opinions, on how work should be completed.
Explanation:
Organizational Conflict is described as a state of disagreement or misunderstanding, resulting from the actual or perceived dissent of needs, beliefs, resources, and relationships between the members of the organization. At the workplace, whenever, two or more persons interact, conflict occurs when opinions with respect to any task or decision are in contradiction.
