1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
balu736 [363]
3 years ago
7

If the demand for a product decreases, what is likely to happen?

Business
1 answer:
matrenka [14]3 years ago
5 0
I m pretty sure the product supply would grow then the price would drop
You might be interested in
Bunker makes two types of briefcase, fabric and leather. The company is currently using a traditional costing system with labor
WARRIOR [948]

Answer:

$93,750

Explanation:

Required: "<em>Calculate the overhead assigned to the fabric case using the traditional costing system based on direct labor hours."</em>

<em />

Total estimated overhead costs (A) = 150,000

Total labor hours (B) = 15,000 + 9,000 = 24,000

Overhead allocation rate (C) = A/B = 150,000/24,000

Overhead allocation rate (C) = $6.25 Per labor hour

Total labor hours used by Fabric case (D) = 15,000 Hours

Overhead assigned to the fabric case (C*D) = $6.25 Per labor hour * 15,000 Hours = $93,750

5 0
3 years ago
Kin based societies, headed by hereditary leaders or priests with the powers such as ceremonial and labor organization, land use
ollegr [7]

Answer:

Chiefdoms

Explanation:

Kin based societies, headed by hereditary leaders or priests with the powers such as ceremonial and labor organization, land use supervision, and resource distribution are known as Chiefdoms

Chiefdoms are forms of hereditary political organization that is usually based on kinship, in which power is left in the hands of the most senior members of the royal family or selected ruling families. They also exercise economic powers of resource distribution.

3 0
3 years ago
A source can either be primary or secondary. True or false
horsena [70]
True, Is the correct answer.
5 0
3 years ago
Read 2 more answers
Suppose during the course of a year an economy produces $7 trillion of consumer goods, $1 trillion of investment goods, $5 trill
In-s [12.5K]

Answer:

D) $12 trillion.

Explanation:

GDP is the sum of all final goods and services produced in an economy within a given period which is usually a year.

GDP = Consumption + Investment + Government Spending + Net Export

Net Export = Export - Import

Net Export = $1 - $2 = -$1

GDP = $7 + $1 + $5 - $1 = $12

All calculations are in trillion

I hope my answer helps you.

4 0
3 years ago
What do u mean by book keeping why is it important?​
olchik [2.2K]

Jawaban

Bookeeping involves the recording, on a regular basis, of a company's financial transactions. ... With proper Bookkeeping, companles are able to track all information on its books to make key operating, investing, and financing decisions. Bookkepers are individuals who manage all financial data for companies.

8 0
3 years ago
Read 2 more answers
Other questions:
  • find examples of how intelligent systems can facilitate activities such as empowerment, mass customization, and teamwork
    13·1 answer
  • The New Fund had average daily assets of $2.2 billion in the past year. If New Fund’s expense ratio was 1.1% and the management
    9·1 answer
  • Within the context of Jennifer Aaker's analysis, identify the brand personality that can be associated with a new product whose
    14·1 answer
  • Greeson Corp. signed a three-month, zero-interest-bearing note on November 1, 2020 for the purchase of $500,000 of inventory. Th
    14·1 answer
  • Let's cost a job. Here is some data. What is the total cost on this job? Direct Materials $1,393 Direct Labor hours incurred to
    8·1 answer
  • According to the Taylor rule, if inflation has risen by 6 percentage points above its target of 2 percent, the Fed should:_____.
    6·1 answer
  • DeBeers is an example of a government monopoly. True or False?
    14·1 answer
  • Trade-offs between the characteristics that make information useful may be necessary or beneficial. Issuance of interim financia
    9·1 answer
  • The manager of a clothing store in the mall has hired five new employees for the summer. All of them have just graduated from hi
    14·1 answer
  • Which 4 methods allow clients to process digital payments from customers using QuickBooks Online Payments? (Select all that appl
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!