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Vinvika [58]
3 years ago
11

Achieving market equilibrium typically indicates what in a market?

Business
1 answer:
loris [4]3 years ago
4 0

Answer:

Market Equilibrium is termed as the state of the market where supply of the goods becomes equal to the demand of those good, when this supply and demand comes parallel, it is said that the market has achieved the market equilibrium. One condition which needs to provided is that the external factors should remain constant. At market equilibrium, the price of the goods remain constant, therefore, people continue purchasing the products in the same quantity which in return balances the supply side further and equally,

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Carmen Camry operates a consulting firm called Help Today, which began operations on August 1. On August 31, the company’s recor
ahrayia [7]

Answer:

Equity at August 1st                                       0

adds: Carmen Camry Investment    101,4000

Net Income                                               5,410

Subtotal                                                106,810

Withdrawals                                           -5,950

Carmen Camry capital account at the end of August 31th  100,860

Explanation:

We have to calculae the net income

Fees earned                            26,960

office                           5,200

rent expense                   9,500

salaries expense           5,560

telephone expense      820

miscellaneous expenses    470

Total Expenses         21,550

Net Income                            5,410

Then we do the equity stamtent:

beginning + investment + net income - withdrawals = ending

Equity at August 1st                                       0

adds: Carmen Camry Investment    101,4000

Net Income                                               5,410

Subtotal                                                106,810

Withdrawals                                           -5,950

Carmen Camry capital account at the end of August 31th  100,860

7 0
4 years ago
Read 2 more answers
Fabulous Fabrics budgeted to manufacture 1300 curtains in February. Actual output for March was with total direct materials cost
GarryVolchara [31]

Answer:

$2,925 Unfavorable

Explanation:

The computation of direct labor rate variance is shown below:-

Actual rate = Direct labor cost ÷ Actual direct labor hours

= $5,250 ÷ 150

= 35

Direct labor rate variance = (Selling rate - Actual rate) × Actual hours rate

= ($15.50 - 35) × 150

= -$19.5 × 150

= $2,925 Unfavorable

Therefore for computing the direct labor rate variance we simply applied the above formula.

8 0
3 years ago
Jenny was buying the company’s first digital copier, and she involved all of the company's department heads in the decision. Jen
Iteru [2.4K]

Answer:

<em>New Buy</em>

Explanation:

A new buy <em>is a situation that requires an item to be purchased for the very first time. </em>

It is crucial for the business seller to provide a compelling argument in this type of purchasing situation to use their product line and a lot of information to help the business owner make an informed choice.

A new buy scenario can take much longer to happen as participants in the research evaluation and purchase center will have to make the final decision.

7 0
3 years ago
The requirement for independent verification of a customer's identity when opening an account can be satisfied by examining a co
Marina86 [1]

Answer:

umm c I guess maybe hahhaha

8 0
3 years ago
In every business, it takes more than one person to create success - whether you are talking about a berry farm, a historic thea
AleksandrR [38]

Answer:

It Takes a Village! In every business, it takes more than one person to create success - whether you are talking about a berry farm, a historic theater, a popular amusement park, or an expanding coffee chain. While you watch the videos, notice how many different people work together to support and sustain these operations. Cogdell Berry Farm Fox Theatre Six Flags Jittery Joes Now, let's put it all together by creating a presentation entitled "It Takes a Village." Your presentation could either be a word document, a digital mind map, or a slideshow, but it must include a chart and research paragraph for each company. In your presentation, you should create a visual chart or slideshow featuring each company and highlighting at least two different jobs that are needed to keep each company running. Make it clear that each company is comprised of many different positions and discuss how people with different skills and interests work together to contribute to a successful enterprise. Finally, pick out one career from each video and do some additional research on it. Let's consult our handy reference, the Bureau of Labor Statistics' Occupational Outlook Handbook once again to find more information. This time check out the headings 'How to Become One,' 'Pay,' and 'Job Outlook' for each career you choose. Your presentation should include the following content: A chart/slideshow that describes each of the four companies with at least two jobs discussed in each company. In depth research on one job per company, including: How to Become One Pay Job Outlook However you choose to arrange your presentation, make sure to show clearly that the companies you learned about rely on more than one position to keep things running smoothly.

Explanation:

3 0
3 years ago
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