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torisob [31]
2 years ago
15

Rent and maintenance expenses would most likely be allocated based on: Select one: a. Sales volume by department. b. Square feet

of floor space occupied. c. Number of hours worked. d. Number of invoices processed. e. Number of employees in each department.
Business
1 answer:
erik [133]2 years ago
3 0

Answer: B. Square feet of floor space occupied.

Explanation: Rent is usually charged and allotted based on the size of the space occupied,a bigger work space will be enough to occupy more raw materials, machines,offices,finished goods and other things.

The maintenance cost of using a bigger space will most likely be higher than a smaller work space, bigger work space requires more lightening,more ventilation etc which will definitely increase the amount allotted or spent in servicing and carrying our maintenance on this electrical items.

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When the price of a good is $5, the quantity demanded is 120 units per month; when the price is $7, the quantity demanded is 100
Gre4nikov [31]
Price elasticity can be calculated using the attached formula where:
the first term represents the % change in quantity and the second term represents the % change in price

% change in quantity = (100-120) / (220/2) = -2/11 x 100 = -18.1818%
% change in price = (7-5) / (12/2) = 33.3333%

price elasticity = 18.1818/33.3333 = 0.55

Note that the price elasticity is usually taken as an absolute value.

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3 years ago
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Coffee bean merchants notice that coffee prices are at a historic low today but they expect the price of coffee beans to increas
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Answer:

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This is because the merchants want to receive higher profits and to do so, they will withhold supply to sell in the next six months when the price is higher.

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