Answer:
the quantity of apples demanded will increase as the price of apples falls
Explanation:
When a supply of a certain product is increased, there amount of that product in the seller's storage tend to become abundant. To make the customers choose to buy the product from them instead of their competitors, most sellers will reduce the price of this product.
Since the price of the product falls, more customers will be able to afford the product with their current disposable income. This is the reason why the quantity of the demand will increase.
Answer:
c. $60,500
$12.10 per unit.
Explanation:
The variable cost is the one which varies with the number of units produced. Adens Corporation has incurred variable and fixed cost for its unit’s production. To identify per unit variable cost for Adens Corporation we add up all the variable cost per unit and then multiply by units sold in the period which are 5,000 units to get total variable cost.
Variable cost per unit = Direct Material per unit + Direct Labor per unit + Variable manufacturing overheads per unit + Sales Commission per unit + Variable administrative expense per unit.
Variable cost per unit = $6.25 + $2.80 + $1.55 + $1.00 + $0.50.
Variable cost per unit = $12.10
Total variable cost for 5,000 units = $12.10 *5000 unit.
= $60,500.
Answer:
Participative leadership style
Explanation:
Path goal theory is a leadership theory that specifies the leadership style that should be used in an organization to achieve a goal based on the employees and the working environment. The following steps are to be taken based on the path goal theory:
- Determine the employee and environmental uniqueness based on their needs.
- Selecting a leadership style and adjusting this style based on the employees need.
- Focusing on how to motivate the employee to achieve the goal
Participative leadership style is a style in which leaders involves their subordinates by asking them for suggestions before making a decision. This style is best used when subordinates are highly involved and trained.
Reality test of a business plan involves proving that a market for the product or service really does exist and that the company can produce the product or provide the service at a reasonable cost.
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Explanation:</u></h3>
An entrepreneur must be successful in the business he starts as he takes ;lot of risks with that. It is very essential for an entrepreneur to create a business plan before taking any forward steps in the business. Performing the reality check will help an entrepreneur to ensure that he is in the right track of the business.
In the reality check, an entrepreneur gets to know about the viability of the market, his own strength and weakness and the financial position for the production of the products. It helps an entrepreneur to know about the demands that exists for his product and how can he produce those products or services as reasonable cost.
Answer:
Explanation:
the difference between a successful and an unsuccessful decision is with a successful decision you would be successful and make profit since this is the subject of business and an unsuccessful decision will make you lose profit and make you lose into Investments. there is no luck vs skill this is all skill actually. skill has to do with this because you need to have certain experience in a certain thing to be having a successful decision.