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3 years ago

Accounting professors earn more than English professors at most universities. Explain this with a supply and demand graph.

Business

1 answer:

GenaCL600 [577]3 years ago

3 0

I will assume here (since I don't have more information) that each school needs one English and one Accounting professor, but that more people are ready to teach English than accounting (this assumption might be wrong, but it's what think)

therefore the supply is bigger for the English professors than for the Accounting professors -this means that the accounting professors can ask for bigger salary (the bigger the supply, the smaller the prize)

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Confectioners, a chain of candy stores, purchases its candy in bulk from its suppliers. For a recent shipment, the company paid

Anton [14]

Answer:

correct option is b. $0.100

Explanation:

given data

Group 1 = 2,500 pieces that expected sell = $0.25 each.

Group 2 = 5,500 pieces that expected sell = $0.60 each.

Group 3 = 500 pieces that expected sell = $1.20 each

company paid =$1,800

received = 8,500 pieces

to find out

cost per item in Group 1

solution

we get here sale value for all 3 groups that is

sale value for group 1 = 2500 × 0.15 = $375

sale value for group 2 = 5500 × 0.36 = $1980

sale value for group 3 = 500 × 0.72 = $360

so total sale value will be here as

total sale value = $375 + $1980 + $360

total sale value = $2715

now we get here % sale that is for group 1

% sale for group 1 = $\frac{375}{2715}$

% sale for group 1 = 13.81 %

and cost is here $1800

and proportion of cost for group 1 will be

proportion of cost = 1800 × 13.81%

proportion of cost = $248.58

and

cost per unit will be here as

cost per unit = $\frac{248.58}{2500}$

cost per unit = 0.10

so correct option is b. $0.100

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3 years ago

When properly performed, bottom-up budgeting has the disadvantage of: A reduction of top management's control of the budget proc

uysha [10]

Answer:

A reduction of top management's control of the budget process to one of oversight.

Explanation:

Budgeting can be defined as a financial plan which helps different organizations in the control of their various revenues. Budgeting can also be described as a forecast of how much a company expect to sell and also how much they expect to spend on various costs.

Advantages of budgeting include:

- It helps an organization to achieve their objectives and goals.

- It helps businesses to decide on essential areas to channel their resources to.

Disadvantages of budgeting include:

- a budget may be inaccurate because it is prepared on the basis of assumptions.

- it is expensive and consumes a lot of time.

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3 years ago

A sales associate employs a licensed personal assistant. The assistant will prepare CMAs, design property flyers, hold open hous

strojnjashka [21]

Answer:

A) the associate may pay the salary and withhold taxes, but the broker must pay commissions.

Explanation:

The sales associate works for the broker and his/her assistant works for him. Therefore the sales associate is responsible for paying the assistant's salary and withhold taxes since he is the employer. But since the assistant will also earn 20 percent of the sales associate's commissions, that should be paid by the broker directly (80% to the sales associate and 20% to the assistant).

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4 years ago

Which of the following is the term for items that you hand off to a client or management for review and approval and that must b

jenyasd209 [6]

Answer:

B. Deliverables

Explanation:

Deliverables -

It refers to the good and services , which may or may not be tangible , that are produced by some project which need to be delivered to the customer , which can be internally as well as externally , is referred to as deliverables.

Since, deliverables are intangible so , it can be software or presentation.

Various small deliverables merge together to form a deliverable.

Hence, from the given information of the question,

The correct option is B. Deliverables .

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3 years ago

According to the enotes, _________________ is development that meets the needs of the present without compromising the ability o

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<span>sustainable development.</span>

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3 years ago