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Dmitriy789 [7]
3 years ago
15

The fact that an ounce of gold is priced higher than an ounce of chocolate suggests that:

Business
1 answer:
iris [78.8K]3 years ago
5 0
<span>This suggests that to source an ounce of chocolate is simply an easier a less costly process. It clearly suggests that chocolate is more widely produced meaning there is more supply to meet the demand. Gold however is incredibly hard to source, it is time - costly and it is found less often than coco beans. Which leads to conclude that the demand for chocolate is much higher than the demand for gold.</span>
You might be interested in
As a result of hurricane charley, the green mountain lumber co. decides to charge all home depots in florida $25 per sheet of pl
Darina [25.2K]

I guess the correct answer is price discrimination, Robinson-Patman Act

As a result of Hurricane Charley, the Green Mountain Lumber Co. decides to charge all Home Depots in Florida $25 per sheet of plywood while all Home Depots outside of Florida pay only $10 per sheet of plywood. The Green Mountain Lumber Co. can be charged with price discrimination, which is illegal under the Robinson-Patman Act.

Price discrimination is the act of charging different consumers different prices for the same product.

The Robinson-Patman Act (1936) makes it unlawful to practice price discrimination, where the effect may substantially lessen competition or help to create a monopoly

4 0
3 years ago
Becker Bikes manufactures tricycles. The company expects to sell 520 units in May and 650 units in June. Beginning and ending fi
Kitty [74]

Answer:

The budgeted variable overhead for May is $5,335

The budgeted variable overhead for June is $7,260

The budgeted fixed overhead for both May and June is $11,500 per month

Explanation:

First we have to determine how many tricycles does Becker Bikes expects to manufacture during May and June:

May:

beginning inventory May           180

expected sales May                   520

ending inventory May                 145

Becker is planning to manufacture 485 tricycles (= 520 + 145 -180)

June:

beginning inventory May           145

expected sales May                   650

ending inventory May                 155

Becker is planning to manufacture 660 tricycles (= 650 + 155 -145)

The budgeted variable overhead for May = 485 tricycles x $11 per tricycle = $5,335

The budgeted variable overhead for June = 660 tricycles x $11 per tricycle = $7,260

The fixed overhead for both May and June is $11,500 per month

8 0
3 years ago
A major benefit of socialism is the
Alinara [238K]

Answer:

Nothing socialism is hell!

Explanation:

6 0
2 years ago
Sansa, Cercei, and Tyrion have just finished their team's project and are waiting for their supervisor's feedback. Cercei has be
Gnoma [55]

Answer:

Cercei's mood would be categorized as:

negative activated.

Explanation:

Moods do not last longer than emotions.  Like Cercei's that unengaged and quiet mood during the project duration, it starts and ends within some period of time.  However, a person's mood can be described as either negative or positive.  Since Cercei's mood was negative from the commencement of the project to its ending, one can conclude that she activated her negative mood during the period.

4 0
3 years ago
Northwest Hospital is a full-service hospital that provides everything from major surgery and emergency room care to outpatient
RSB [31]

Answer:

1. Cost of the old X-ray machine - SC

2. The salary of the head of the Radiology Department - None

3. The salary of the head of the Pediatrics Department - None

4. Cost of the new laser printer - DC

5. Rent on the space occupied by Radiology - None

6. The cost of maintaining the old machine - DC

7. Benefits from a new DNA analyzer - OC

8. Cost of electricity to run the X-ray machines - DC

Where,

SC - Sunk cost

DC - Differential cost

OC - Opportunity cost

8 0
3 years ago
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