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MaRussiya [10]
3 years ago
7

List and describe three causes for shifts in the demand curve.

Business
1 answer:
Dahasolnce [82]3 years ago
7 0

Decrease in price of a substitute. Increase in price of a complement. Decrease in income if good is normal good.

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Sienna Company has the following information for January. Cost of direct materials used in production $20,000 Direct labor 15,00
nlexa [21]

Answer:

The cost of goods manufactured is $58400.

Explanation:

total manufaturing costs = Cost of direct materials used in production  + Direct labor + Factory overhead

                                         = $20,000 + $15,000 + $24,000

                                         = $59000

cost of goods manufactured = Work in process inventory, January 1 + total manufacturing costs -Work in process inventory, January 31

= $2,900 + $59000 - $3,500

= $58400.

Therefore, the cost of goods manufactured is $58400.

3 0
4 years ago
6) According to the misperceptions theory, when P < Pe, output is ________ its full-employment level and the short-run aggreg
Sedbober [7]

Answer: C

Above, Upward

Explanation:

This theory states that when a seller sees the price of its products decline, it makes an erroneous assumption that their relative prices have also declined. Since output is already above full employment level, the short run curve must shift upward to account for changes in the price level leading to an upward-sloping aggregate-supply curve.

8 0
3 years ago
Corporate-level strategy is concerned with ____ and how to manage these businesses. a. whether the portfolio of businesses shoul
bazaltina [42]

Answer:

c. what product markets and businesses the firm should be in

Explanation:

A corporate level strategy focuses on the goals of the company which shall affect the entire organisation, and involves further the entire participation at the company level to achieve such targets from such strategy.

This involves the strategy to calculate properly what is beneficial to the company and what is not beneficial.

Thus, the company considers to what it shall manufacture and what business it should do, in order to attain maximum growth in market.

8 0
3 years ago
Stan, an air conditioning and heating technician, files a suit against Temp-Set Corporation, alleging that its thermostats are u
vova2212 [387]

Answer:

knowledgeable user

Explanation:

Knowledgeable user is a term that refers to particular users of a specific product, that must possess certain qualifications to use that specific product. In the case of knowledgeable users, the manufacturer of the product is not require to warn these users about the dangers of using their product.

In this case, Stan as an air conditioning and heating technician should know about the dangers of using electrical thermostats because of his profession.

5 0
3 years ago
Project A has cash flows of $4000, $3000,&0 and $3000 for years 1 to 4 and project B has cash flows $2000,$3000,2000,$3000 f
rosijanka [135]

Answer:

Project X has both a higher present and a higher future value than Project Y.

Explanation:

Hope this helps :)

7 0
4 years ago
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