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arsen [322]
3 years ago
12

Terry owns an RV repair shop. Sue works in the office and also orders any parts needed to repair RVs.

Business
1 answer:
Delicious77 [7]3 years ago
8 0

Terry- entrepreneur; Sue- labor

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Jenny's Corporation manufactured 25,000 grooming kits for horses during March. The fixed-overhead cost-allocation rate is $20.00
elena-s [515]

Answer:

The flexible-budget amount is $120,000

Explanation:

The flexible-budget amount is the same lump sum as the static budget.

Therefore, The flexible-budget amount is $120,000.

5 0
3 years ago
When an individual weighs her options and makes a choice that maximizes her benefit at the minimum cost, economists refer to thi
olga_2 [115]
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2 years ago
Which of the following scenarios would indicate that a nation's economy is entering the recovery phase of the business cycle?
tensa zangetsu [6.8K]

After sales figures increase for several months, economic data indicates that retailers are hiring new workers to satisfy increased demand.

All of the other options would show concerning economic signs, not signs of recovery. Recovery happens when there is an upturn in the economy, more hiring and better sales.

3 0
3 years ago
16) When supply is fixed or the product is unique, then price is A) supply determined. B) demand determined. C) government deter
Rudiy27

Answer: B) demand determined.

Explanation:

If the supply of a good is fixed or the product is of a unique kind, the price of the good will be determined by the amount of demand for it.

Normally supply can change based on the quantity demanded which will impact prices but if the supply is definite, this means that the supply curve is inelastic and the only curve that can affect price therefore is the demand curve.

If more people demand the good, it will increase in price and if less people demand it, it will fall in price.

3 0
3 years ago
Jorge has a debt ratio of 37 percent and jose has a ratio of 102 percent. they both have the same takeminus−home pay every month
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<span>Jorge has a debt ratio 37% which means he has more money to spend for the month, Jose has debt ratio of 102% which means he has relatively less money to spend in the current month and their take home pay is same. So their current financial situation is Jorge is currently solvent where as Jose is currently insolvent. So these are the conclusion drawn from their debt ratios.</span>
7 0
3 years ago
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