All categories

3 years ago

A government-imposed price of $12 in this market is an example of a

Business

1 answer:

andreev551 [17]3 years ago

5 0

Answer. C Binding price floor that creates a surplus

Explanation: A government imposed price of $12 in this market is an example of a binding price floor that creates a surplus as the government has fixed the price of the goods as $12 due to which the floor price is fixed and the surplus is created as the price is too high that the demand of the goods decreases. This intervention by the government is to create surplus by binding the floor price.

You might be interested in

Real-world economies get hit with lots of shocks to aggregate demand and real shocks. Categorize each scenario as an aggregate d

Reil [10]

Answer:

a) Decrease LRAS

b) Decrease LRAS

c) Increase AD

d) Increase AD

Explanation:

steel workers go on strike so less steel is produced : this will cause a decrease in the log run aggregate supply of steel in the economy

A tornado destroys factories in Louisiana.: this will cause a decrease in the log run supply of factory products and by-products in the economy

Consumer optimism increases.leads to an increase in the aggregate demand curve

The stock market rallies to 52-week highs increasing consumer wealth. this will definitely lead to an increase in the aggregate demand curve because with more money to spend the demand curve will increase

7 0

3 years ago

At January 1, 2019, Deer Corp. has beginning inventory of 2,000 surfboards. Deer estimates it will sell 10,000 units during the

coldgirl [10]

Answer:

The correct answer is $1,881,600

Explanation:

According to the scenario, the computation of the given data are as follows:

Unit sells = 10,000 units

Growth rate = 12%

Selling price = $150 per unit

Costing = $100 per unit

So, we can calculate the budget sales revenue by using following formula:

Budget sales unit for quarter 3 = (10,000 × 112%) × 112% = 12,544

So, budget sales amount for quarter 3 = 12,544 × $150

= $1,881,600

4 0

3 years ago

BI represents a bold new paradigm in which the company's business strategy must be aligned to its business intelligence analysis

nikdorinn [45]

The answer is, False.

A collection of tools (technology, applications, etc.) known as business intelligence (BI) is used to enable better business decisions.
BI is a tool for achieving goals, not a goal in and of itself.
BI is a crucial tool since technology is advancing quickly and steadily.
For instance, it took Walmart several decades to overtake Sears as the leading retailer in the United States, but Amazon did so in only a few short years.
Our world has radically transformed as a result of new technology, and no organization can afford to fall behind.

<h3>What do you mean by business intelligence?</h3>

Business intelligence (BI) is a technology-driven method for data analysis and information delivery that aids managers, employees, and executives in making wise business decisions.

<h3>What is business intelligence give examples?</h3>

BI encourages the use of historical data to promote fact-based decision making as opposed to assumptions and intuition.
Data analysis is carried out by BI tools, which also produce reports, summaries, dashboards, maps, graphs, and charts to give users a thorough understanding of the nature of the business.

Learn more about business intelligence here:

brainly.com/question/13339276

#SPJ4

4 0

2 years ago

Define federal reserve system.

Angelina_Jolie [31]

Answer:

this is the federal banking system of USA

8 0

3 years ago

Read 2 more answers

Builder Products, Inc., uses the weighted-average method in its process costing system. It manufactures a caulking compound that

geniusboy [140]

Answer:

Explanation:

Beginning WIP inventory 74000

Add: Units started during May 390000

Less: Ending inventory 34000

Units completed and transferred 430000

1 Equivalent Units

Whole units Materials Conversion

Beginning WIP inventory 74000 74000 74000

Started & completed 356000 356000 356000

Ending inventory 34000 23800 10200

Units accounted for 464000 453800 440200

Materials Conversion

Equivalent units of production 453800 440200

Cost Data: Total Material Conversion

Beginning WIP inventory 142800 98800 44000

Current costs 755960 513830 242130

Total cost to account for 898760 612630 286130

Divided by Equivalent units 453800 440200

Cost per Equivalent unit 2.00 1.35 0.65

Materials Conversion

Cost per Equivalent unit 1.35 0.65

Cost Assignment:

Ending Work in process:

Material 32130

Conversion 6630

Total Ending Work in process 38760

Cost of units completed and transferred

Material 580500

Conversion 279500

Total 860000

Cost to be accounted for:

Beginning WIP inventory 142800

Current costs 755960

Total costs to be accounted for 898760

Cost accounted for as follws:

Cost of units completed and transferred 860000

Cost of ending work in process 38760

Total costs accounted for 898760

6 0

3 years ago