Answer: "The rise in the price of a pair of running shoes will increase the supply of running shoes".
This statement is <u><em> false</em></u> because <em><u>a decrease in demand for running shoes does not increase the price of a pair of running shoes and an increase in the price of a pair of running shoes does not increase the supply of running shoes. </u></em>
This occurs as the price of a pair of running shoes increases,therefore decreasing the demand and thus the supply will not increase.
Answer: $1188444
Explanation:
Based on the information given in the question, the dollar sales to attain that target profit will be calculated as:
= (Fixed cost + Desired profit) / Contribution margin ratio
= (720720 + 28000) / 63%
=748720/63%
= 748720/0.63
= 1188444
Answer:
bread and jam must be together
Explanation:
when we buy bread we also need the jam, so, if bread was rises jam must follow the bread price..it is because we dont just buy bread..
More than one business man or traders. Such as more than one person in a business.
Answer:
Accuracy
Explanation:
If the information is not accurate then it can not be relied upon. The information must be reliable, for that the information must be accurate. If the information is incorrect then it will affect the operations of the company. Nowadays online accounting software has enabled us to increase the accuracy of the items being recorded.