After all resulting adjustments have been completed, the new equilibrium price will less than the initial price and output. The same will happen to the industry output. In each situation in which <span>an increase in product demand occurs in a decreasing-cost industry the result is: </span>the new long-run equilibrium price is lower than the original long-run equilibrium price.
Answer:
Predetermined overhead rate
Explanation:
The predetermined overhead rate is the rate that is computed by taking the estimated manufacturing overhead and the same would be divided by allocation factor that could be estimated direct labor, estimated direct hours, etc in order to assign the overhead cost
So according to the given situation, the first option is correct i.e. predetermined overhead rate
Corporation is the form of business that responsible for QPD’s knowledge of the details of its competitor’s financial situation.
<h3>What is cooperate business?</h3>
A cooperate business is a business that is owned and manage by group of individuals.
The members also use the product as well as the service.
Coporation gives members access to information which can be divulged to competitors by members.
Therefore, Corporation is the form of business that responsible for QPD’s knowledge of the details of its competitor’s financial situation.
Learn more on coporation below,
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Answer:
True.
Explanation:
The value chain expresses the idea that different departments within a firm should operate interdependently which will not only increase the efficiency of the firm but also create a value for customer to compete in the competitive environment. It is very important for the departments within an organization to operate in cooperation with one another as it would make the attainment of the goal easier and that too within stipulated time frame.
The Sandwhich technique is a strategy used when giving constructive feedback.