What is it called when a producer is unable to meet the demand of a certain product?

What is an accurate definition of an ability?

Sati [7]

Answer:

B) Something a person is able to do.

Explanation:

On my assignment, got it correct.

5 0

3 years ago

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earned $ 115 comma 000 of service revenue during 2016. Of the $ 115 comma 000 earned, the business received $ 89 comma 000 in c

bagirrra123 [75]

Answer:

Service Revenue is $89,000 and Service Expenses is $73,000

Under the Cash Basis Accounting System, transactions are only recognized if there is an inflow or outflow of Cash. This is widely practiced in the Public sector.

Explanation:

Service Revenue $89,000

Total Revenue = $89,000

Lawn Service Expenses $61,000

Lawn Service expense prepaid $12,000

Total Expenses = $73,000

3 0

3 years ago

Suppose that you take $150 in currency out of your pocket and deposit it in your checking account. If the required reserve ratio

nexus9112 [7]

Answer:

The answer is $1,875

Explanation:

Money multplier effect = 1 / required reserve ratio .

And the required reserve ratio is 8 percent

Deposit into the checking account is $150.

Money multplier effect = 1 / 0.08

12.5

Therefore, the largest amount (in dollars) by which the money supply can increase as a result of the deposit of $150 is:

12.5 x $150

=$1,875

6 0

3 years ago

Monty currently has a Visa card from his bank with the following terms: 18% on purchases, 24% on cash advances with a 4% cash ad

PilotLPTM [1.2K]

The annual percentage yield on Monty's default or penalty rate equals to 42.58%.

<h3>What is the meaning of APY?</h3>

APY is an acronym for Annual percentage yield.

The percentage yield referred to the real rate of return that is earned on an investment after taking into account the effect of compounding interest.

Given that the Visa card has an original default or penalty rate of 36%, the annual percentage yield on Monty's default or penalty rate equals to 42.58%.

Read more about annual percentage yield

<em>brainly.com/question/13012002</em>

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3 0

2 years ago

Marks Company makes one product, for which it has established the following standards for materials: Average quantity of materia

Anastasy [175]

Answer:

Direct material price variance= $25,000 unfavorable

Explanation:

Giving the following information:

Standard price= $16

During March, Marks made 10,000 units of the product, using 50,000 pounds at a total purchase price of $825,000.

<u>To calculate the direct material price variance, we need to use the following formula:</u>

Direct material price variance= (standard price - actual price)*actual quantity

Actual price= 825,000/50,000= $16.5

Direct material price variance= (16 - 16.5)*50,000

Direct material price variance= $25,000 unfavorable

5 0

3 years ago