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melomori [17]
3 years ago
7

Mister Plow has contracted to perform snow removal services for the city of Springfield. Record snowfall has more than doubled t

he time he will spend on the streets and the resources this job will require.​ Unfortunately, Mister Plow cannot come back to the city for more​ money, because the service contract is:
Business
1 answer:
trasher [3.6K]3 years ago
7 0

Answer:

Fixed price contract

Explanation:

A fixed price contract states that price for services rendered is fixed as mentioned in the contract irrespective of time taken and resources used.

Price cannot be revised in case effort and time has increased more than expected. In this case, Mister Plow cannot ask for more money as service contracts are fixed price contracts and terms of contract including price cannot be changed.

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Activity-Based Product Costing
nikklg [1K]

no matteehow much times i read this is still cant process this

5 0
2 years ago
The demand curve faced by a perfectly competitive firm rev: _______
vivado [14]

Answer:

The answer is D.

Explanation:

The demand curve faced by perfectly competitive firm is horizontal. This means that if individual firm charges price above the market price, it will not sell anything.

The curve is the same as marginal revenue curve because change in total revenue from selling one more unit(marginal revenue) is the constant market price.

And it holds in perfect market that price equals marginal revenue (P=MR).

The correct option is D.

6 0
2 years ago
Forecasted depreciation expense, commonly estimated as: [(Current year depreciation expense / Prior year PPE, net) x Current yea
Radda [10]

Answer: True

Explanation:

The Statement of Cash flows is prepared to show the cash transactions of a company and only cash. The effect of anything non cash is not shown.

Depreciation is a non-cash expense which means that it reduces the net income without actually reducing the cash to the company. It would therefore be added back to the cash balance of the company so as to reflect that it did not reduce cash. The addition will be in the operating activities of the Statement of Cashflows.

8 0
2 years ago
An increase in the real wage rate ________ the quantity of labor demanded, ______ the quantity of labor supplied, and when the l
svlad2 [7]

An increase in the real wage rate decreases the quantity of labor demanded, increases the quantity of labor supplied, and when the labor market is in equilibrium, equates demand and supply of labor.

<h3>What is real wage rate?</h3>

Real Wage Rate in economics refers to the result obtained by dividing the nominal wage rate by the prices of goods.

It is used as a more accurate measure of how much the spending power and is also an indicator of the standard of living of workers.

Learn more about real wage rate at:
brainly.com/question/6342231

7 0
2 years ago
________ is the centralized policy-based management of all information required for access to corporate systems by people, machi
Ket [755]

Answer:

The answer would be b) identity management

Explanation:

Identity management is used to authenticate users and to determine if they are authorized to access specific systems. Identity management operates by linking user rights and constraints with recognized identities.  Identity management ensures that only authorized users can access to organizational systems while those without access are restricted.  

8 0
3 years ago
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