"<span>B) Resource use, production, and distribution of goods and services" is the correct answer. Economics is really a study of limited resources, and how people make choices. </span>
Answer:
The correct answer is A.
Explanation:
Giving the following information:
Best Shingle's budgeted manufacturing costs for 50,000 squares of shingles are: Fixed manufacturing costs $12,000 Variable manufacturing costs $16.00 per square
Manufacturing cost= direct material + direct labor + manufacturing overhead
MC= 12,000 + 16* 50,000= $812,000
Yes, Saul Goodman is violating Law Of Demand.
<h3><u>
What is Law of Demand?</u></h3>
- One of the most fundamental ideas in economics is the law of demand. It explains how market economies distribute resources and set the prices of goods and services that we see in daily transactions by combining the law of supply.
- According to the law of demand, the quantity bought varies inversely with price. In other words, the quantity demanded decreases as the price increases. Because of declining marginal utility, this happens.
- In other words, consumers utilize the initial units of an economic good they buy to fulfill their most pressing requirements first, and they use the subsequent units to fulfill progressively lower-valued goals.
Since, Saul Goodman bought less pizza after its price drop, he's violating the law of demand.
Know more about Law of Demand with the help of the given link:
brainly.com/question/10782448
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Answer:
The appropriate answer is "$8,457,50".
Explanation:
The given values are:
Direct material cost,
= $9,500
Direct labor cost,
= $10,400
Units completed in job 412,
= 4
Now,
The total cost for completion of job 412 will be:
= 
On substituting the values, we get
= 
= 
($)
Unit produced cost will be:
= 
= 
($)
70% of unit produced cost will be the profit margin, then
= 
= 
($)
hence,
The price charged to the customer will be:
= 
On substituting the values, we get
= 
= 
($)
Answer:
When issuing a check to a creditor as is being done here, you need to debit the creditors account (Accounts Payable) to show that you are paying off the debt.
You also need to credit cash because a credit will show that cash was used to pay for something and so has reduced.
Date Account Title Debit Credit
XX-XX-XXX Accounts Payable - Saurya Stores Rs. 39,000
Cash Rs. 39,000
