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3 years ago

The supply curve represents the _ price at which a firm is willing to _.

1 answer:

8 0

<span>The supply curve represents the lowest price at which a firm is willing to accept. The supply curve shows the lowest price the producer is willing to accept for a unit of their product. Producers need to make sure they aren't losing money but selling their products to wholesalers to then sell to the consumer. The producer needs to make a profit off of their product as well. This is where the supply curve comes in, it allows the firm to set the lowest price they can accept when they sell their units off. </span>

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In a contract what is a consideration?

tangare [24]

Exchanging things of value

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3 years ago

Read 2 more answers

Abel Corporation uses activity-based costing. The company makes two products: Product A and Product B. The annual production and

Korolek [52]

Answer:

Activity 2= $11.15

Explanation:

Giving the following information:

Total Activity Activity Cost Pools Total Cost Product A Product B Total

Activity 2 $40,140 2,000 1,600 3,600

<u>To calculate the activity rate for Activity 2, we need to use the following formula:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Activity 2= 40,140 / 3,600

Activity 2= $11.15

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3 years ago

Katy, a manager, is evaluating her team members by rating them from best to worst. This rating is based on their overall perform

grin007 [14]

Answer:

a.The simple ranking method.

Explanation:

From The given scenario is based on the simple Ranking method which is the simplest method of Appraisal under which every employee is compared with the others and ranked from best to worst.

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3 years ago

Define liquidity. Rank the following assets in terms of liquidity, from most to least liquid: money market mutual fund, savings

valina [46]

Answer:

Liquidity: amount of cash or cash equivalents and its primary feature of converting quickly into money without losing any of it current value.

1)_ Dollar bill

2)_ Saving account

3)_ Checking account

4)_ Gold bar

5)_ Corporate stock

6)_ Money market mutual fund

7)_ House

Explanation:

To begin with, the liquidity is the feature of those assets to converting the most quickly as possible in cash and therefore the the most liquid asset is properly the dollar bill and the less liquid asset is the house due to the fact that it could take years to sell by a proper offer and becoming actual cash. In conclusion, it works that way with all the other assets, the liquidity of each one is higher or lower depending on the quickness of converting into cash.

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3 years ago

Provide 8 factors that impede business ability of Africans

Sloan [31]

The factors that impede business ability of African can be liken to trade barriers experienced in African region.

Many potential entrepreneur have been discouraged from starting their enterprises because of various business impediment.

The factors that impede the business ability includes:

Lack of good road route to deliver goods.
High tax rate for local produced goods.
Very high rate of import duties.
Corruptions among officers with key position
Lack of support for Small & medium enterprises (SME)
Inaccessibility to finance for the business such as loan.
Unfavorable government policy or regulation on business corporation

The supply curve represents the _____ price at which a firm is willing to _____.

The supply curve represents the _ price at which a firm is willing to _.