Answer:
b. the market for wallpaper is in equilibrium.
Explanation:
Efficient allocation of resources means that the cost to produce the last unit of wallpaper and the benefit from that unit equals.
It must be the case that the cost of obtaining the product (which is equal to the benefit to the buyers) is the same as the cost of producing the product. That is the price.
The quantity where demand and supply meets in the equilibrium quantity (supply curve intersect demand curve)
That's the market equilibrium, where the price and quantity that buyers are willing to buy and suppliers are willing to sell is the same.
Answer:
D. joint equity ownership
Explanation:
The aspect that is an essential feature of a joint venture would be joint equity ownership. That is because in a joint venture all parties combine all of their resources and share in both the liability and profits of the company. Joint Equity Ownership is the main part of this as it explains how these companies joint their assets in order to make as much profit as possible from their business venture.
Answer:
Gross profit earned by the company for each of the four costing methods = Subtraction of Total cost of goods sold from Total Sales
$48,322 - $30,651 = $17,671
Explanation:
Total sales = (330 x 87.4) + (200 x 97.4) = $48,322
Total cost of goods sold overweighted average method = $30,651
Subtract $48,322 from $30,651 to give $17,671 as the gross profit.
In the attached picture, Your will see average costs calculated and the inventory values for March 5, 9, 25, and 29.
Answer:A. Net proceed $13,700,000
($20*700,000)-$300,000
B. Earnings per share $2.17
$6500,000/3,000,000 shared
C. Earnings per share $1.76
$6,500,000/3,700,000 shares
Answer:
The statement is true
Explanation:
Group dynamics is a system of processes of psychological and behaviours which is occurring within a social group. As group is of two or more people so they have different behaviour or act upon differently. So, there is existence of conflict is an inevitable or unavoidable is a part of the group dynamics.
It could happen when the group does not agree on single decision or to act in favour.