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3 years ago

Both supply and demand concepts rest on the relationship between quantity supplied or demanded.

Business

1 answer:

Rashid [163]3 years ago

7 0

Answer:

False

Explanation:

Both supply and demand concepts rest on the relationship between price and quantity.

Quantity demanded increase when price falls and falls when price increases.

Quantity supplied increases when price increases and falls when price falls.

The demand and supply curve are plotted with price on the y axis and quantity on the x axis.

I hope my answer helps you

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Vroom-Va-Voom regularly polls its customers for their opinions about its products and its employees about working conditions. T

Anon25 [30]

Answer:

managing stakeholder relationship

Explanation:

Based on the information provided within the question it can be said that in this scenario these are two example of managing stakeholder relationship. This refers to a company performing certain actions and decisions in order to meet the expectations and agreed upon objectives of the company's stakeholders. Which is what Vroom-Va-Voom is doing by gathering information on how to better their company to generate more revenue. Thus making stakeholders happy.

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2 years ago

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North Company has completed all of its operating budgets. The sales budget for the year shows 50,820 units and total sales of $2

Grace [21]

Answer:

We are given all the details of the activity and the results of those activities, like the cost and revenue.

The multi step income statement shall be as follows:

Income:

Revenue from Sales = $2,391,000

Other Income = $0

Total Revenue = $2,391,000

Expenses:

Cost of goods sold = $1,168,860

$23 $\times$ 50,820

Selling and Administrative = $303,100

Interest Expense = $13,060

Total Expenses = $1,485,020

Net Income before Taxes = $905,980

Less: Taxes on income = $220,400

Income from Continuing Operations = $685,580

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3 years ago

MC Qu. 151 Using the information below for... Using the information below for Sundar Company; determine the total manufacturing

Sphinxa [80]

Answer:

Manufacturing Cost = 94,100

Explanation:

Given that,

Direct materials used = $ 20,500

Direct labor used = 26,000

Factory overhead = 47,600

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Ending work in process = 12,800

Manufacturing Cost = Direct Material + Direct Labor + Factory Overhead

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Manufacturing Cost = 94,100

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3 years ago

You survey 125 employees and determine that 25 are extremely unhappy. As you walk the floor, you run into a random employee, wha

Alex17521 [72]

Answer:

0.2 or 20%

Explanation:

The odds of meeting an unhappy person will be the no. of unhappy people divided by the sample size.

=25/125

=1/5

The odds are 1 in every five people is extremely unhappy.

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2 years ago

Describe a situation in which there could be a conflict of interest between an IT consultant’s self-interest and the interests o

timurjin [86]

Answer:

An example of a situation in which there could be a conflict of interest between an IT consultant’s self-interest and the interests of a client is a delay in duration for completion of a project.

This potential conflict can be addressed by providing a report of activities that have ensued within the time lapse and give reasons for extension of time.

Explanation:

An IT consultant saddled with the responsibility of developing a website for a client could have a disagreement with the client if he does not deliver on the job as at when due.

This could be due to his inability to concentrate on the project as a result of other personal engagements he has which could make him earn more.

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He must be calm and courteous in his approach no matter how infuriated his client is.

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3 years ago