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3 years ago

Is this correct? Thank you!

Business

2 answers:

Nastasia [14]3 years ago

7 0

Answer:

yes it is correct

Equilibrium can only occur at one price .

olganol [36]3 years ago

4 0

Answer:

2 prices

Explanation:

There are two things you are looking at when finding the Equilibrium:

1) Supply & Quantity: Everything has a finite number, and there is a limit to the amount that can be produced and selled at a given time.

2) Demand: This is in terms of the amount of potential customers. Most products are sold to a certain group, which can vary in size.

The first price that can affect the Equilibrium is the cost of the item. If the item is high quality/cost more, it would generally cost more as a product, for the producer is trying to turn a profit. The next price to look at is the selling price. The price must be high enough to turn a profit, yet low enough for there too be a large customer base. Of course, this does not apply to all items, as there are some that are created for only a certain group of people.

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On March 31, the end of the first year of operations, Barnard Inc., manufactured 4,300 units and sold 3,700 units. The following

wolverine [178]

Answer:

Cost of Goods Manufactured = $115 per unit

Fixed Manufacturing Overhead = $53 per unit

Absorption product cost per unit = $168

Explanation:

given data

manufactured = 4,300 units

Variable Costing = $494,500

Fixed manufacturing costs = $227,900

solution

so here we get Cost of Goods Manufactured per unit that is

Cost of Goods Manufactured = $494,500 ÷ 4,300

Cost of Goods Manufactured = $115 per unit

and

now we get Fixed Manufacturing Overhead Per Unit will be

Fixed Manufacturing Overhead = $227,900 ÷ 4,300

Fixed Manufacturing Overhead = $53 per unit

and

now we get Variable Product cost Per Unit that is

Variable Product cost = Cost of Goods Manufactured per Unit = $115

Absorption product cost per unit = $115 + $53

Absorption product cost per unit = $168

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3 years ago

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Fiesta28 [93]

Answer:si English?

Explanation:

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3 years ago

Campbell Transport Company divides its operations into four divisions. A recent income statement for its West Division follows.

Leona [35]

Answer:

Explanation:

1) Revenue $540,000

less: Salaries for drivers (390,000)

Fuel expense (54,000)

insurance (74,000)

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Net loss (22,000)

If division is eliminated the income would increase by $22,000

So it should be eliminated.

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When the economy is in a recession, expansionary fiscal policy can be used to stimulate and encourage economic growth. Which of

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Answer:

Explanation:

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Discretionary fiscal policies can either be expansionary or contractionary

Expansionary fiscal policy is when the government increases the money supply in the economy either by increasing spending or cutting taxes.

If taxes are cut, disposable income increases and demand increases. this is an example of demand side

On the other hand, if a replacement project is undertaken, the demand for labour increases. this is an example of supply side

Contractionary fiscal policies is when the government reduces the money supply in the economy either by reducing spending or increasing taxes

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3 years ago

In a lease that is recorded as a finance- sales type lease by the lessor, interest revenue ___________.a. should be recognized o

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Answer:

Explanation:

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