Answer:
The answer is A.
Explanation:
Other things remaining equal, the law of demand says that the higher the price, the lower the quantity demanded and the lower the price the higher the quantity demanded.
Suppose a good is being sold at $5 and 20 quantities are being demanded, if the price increases to $6, lesser of that goods should be demanded
The correct answer is B:They would receive only a partial benefit for as long as they collect Social Security. The age at which Americans are eligible to receive full Social Security benefits is 65. The earliest age, assuming one is not disabled, one can apply for Social Security is 62. However, if an individual claims Social Security early between the ages of 62-64, it will be at a reduced rate.
Answer:
C. $34,500
Explanation:
Given the above information, applied fixed overhead is computed as;
= Standard hours allowed for actual production × Predetermined rate
Standard hours allowed for actual production = 11,500
Predetermined rate = $3 per hour
Then,
Applied fixed overhead
= 11,500 hours × $3 per hour
= $34,500
Answer:credit accounts receivable for $6,000
Explanation: this is because Eli co received a payment into their account from a customer which is a credit to their account.
It would have been a debit if Eli co paid out or made an expenditure from their account.
Answer:
Implied demand uncertainly resulting uncertainty for the supply chain given the portion of the demand, the supply chain must handle & attributes the customer desires.
Explanation:
Implied demand uncertainly resulting uncertainty for the supply chain given the portion of the demand, the supply chain must handle & attributes the customer desires.
- It is related to customer needs & product attributes.
- The level of implied demand uncertainly of jasmine rice is low, because the demand& supply of jasmine rice is predictable
- The jasmine rice has low contribute margin, accurate demand forecasts, low stock out rates and virtually no markdown.
- These characteristics match well with Fisher’s chart of characteristics for product with highly certain demand.
