Answer:
It helps consumers tell producers when prices are too high.
Explanation:
The law of demand affirms that an increase in price results in reduced demand. It means that when prices increase, consumers will buy fewer quantities of a product or service. The law of demand shows the relationship between price and the quantity of a product consumers are willing to buy in the market.
Consumers can communicate with producers through the volume of products purchased. When the quantity purchased is low, producers will know the set prices are high.
Answer:
Fixed costs = $13,000
Variable costs = $450,000
Explanation:
Fixed costs are costs that do not vary with production. In this question, they are rent payments and monthly payments on meat packaging equipment.
Fixed cost = $10,000 + $3,000 = $13,000
Variable costs are costs that vary with production. In this question, they are the cost of purchase of raw meat, wages and fuel costs.
Variable costs = ($20 + $90 + $40) × 3000 = $450,000
I hope my answer helps you.
The quadratic function that best models the developing economies' share of the global GDP as a function of the number of years
Explanation:
Every company regardless of its size or area of activity has an organizational culture, formally instituted or not.
Organizational culture can be defined as the company's identity, it is a system of values, procedures and behaviors that are shared by all members of an organization. A culture can be rigid or flexible, innovative or conservative, strong or weak, hostile or supportive.
Therefore, the relationship that the organizational culture has with the project management area is the impact on the behavior and form of action of the project members, the culture has a relevant impact on the identity of the professional.
The ideal type of culture to promote a strong project environment is a culture focused on innovation and the guidance and coordination of staff, with an emphasis on the group, so that there is integration, motivation and a favorable climate.
Answer:
$170,000.00
Explanation:
The amount of $170,000.00 will still be recorded as the value of the building, before considering accumulated depreciation.
<em>Fair value</em> of $1,000,000.00 or <em>selling price</em> of $900,000.00 does not affect the original value of the building in the company's balance sheet.
