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3 years ago

Which describes a situation in which a shortage occurs?

Business

2 answers:

Vaselesa [24]3 years ago

6 0

Consumers want more video-game systems than the company can make.

Dvinal [7]3 years ago

6 0

The correct answer is A. Consumers want more video-game systems than the company can make.

Explanation:

In the economy and related fields, a shortage occurs if the supply (units of a product available) is lower than the demand (consumers that want the product); this implies, the quantity of a product is not enough, and therefore just some consumers will be able to buy the product even if all want this product and can pay for it.

This situation occurs in "Consumers want more video-game systems than the company can make" because in this case, the number of consumers (demand) is higher than the number of video-game systems (supply) and therefore not all the possible consumers can have this product.

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Under MSRB rules, any claim, dispute, or controversy shall be submitted to arbitration at the instance of a:______.

katrin2010 [14]

Answer: C. 1,2,3

Explanation:

Under MSRB rules, any claim, dispute, or controversy shall be submitted to arbitration at the instance of a:

• broker-dealer against another broker-dealer.

• customer against a broker-dealer.

• broker-dealer against a customer who has previously signed an arbitration agreement.

Therefore, based on the above scenario, the correct option is C.

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3 years ago

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3 years ago

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In general, a visionary organization asks what three types of questions to specify its foundation, set a direction, and formulat

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The answer is the how, what and the why.

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3 years ago

Japan Company produces lamps that require 3 standard hours per unit at a standard hourly rate of $12.00 per hour. Production of

coldgirl [10]

Answer:

(a) rate variance = $ 5,234, Adverse

(b) time variance = $ 6,360, Favourable

Explanation:

(a) rate variance,

rate variance = (Standard Rate - Actual Rate) × Actual Hours

=( $12.00- $12.20) × 26,170 hours

= $ 5,234, Adverse

(b) time variance, and

time variance = (Standard Hours - Actual Hours) × Standard Rate

= (26,700 hours - 26,170 hours) × $12.00

= $ 6,360, Favourable

total cost variance = rate variance + time variance

= $ 5,234, Adverse + $ 6,360, Favourable

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3 years ago

Rich Novelty Company identified the following activities in its production and support operations. Classify each of these activi

-BARSIC- [3]

Answer:

Explanation:

<em>Classification of activities as value-added or non-non-value-added of Rich Novelty Company:- </em>

(a) Machine setup - non-value-added

(b) Design engineering - value-added

(d) Moving work in process - non-value-added

(e) Inspecting and testing - non-value-added

(f) Painting and packing - value-added

Notes:-

1. Value--added activities of a company processes that increase the observed value of a product or service to customers.

2. Non-value-added activities of a company processes that decrease the observation value its product or service.

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3 years ago