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NeTakaya
3 years ago
15

Market economies operate on the principle of supply and demand.

Business
1 answer:
asambeis [7]3 years ago
6 0
I think that the stament given above is true, as this principle <span>lets business survive or fail without much interaction from the government.</span>
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The rate established prior to the beginning of a period that uses estimated overhead and an allocation factor such as estimated
soldi70 [24.7K]

Answer:

This is the Predetermined overhead rate

Explanation:

The predetermined overhead rate assigns a particular amount of manufacturing overhead to each direct labor or machine hour. This helps businesses allocate resources and also set pricing. This computation is usually done at the beginning of each period.

To calculate this, we divide the estimate of the manufacturing overhead cost total by the estimated number of machine hours. It is used to assign overhead cost to jobs.

8 0
3 years ago
​A(n) __________ structure is an organizational structure in which executives are at the​ center, spreading their vision outward
damaskus [11]

Answer: ​A <u>CIRCULAR STRUCTURE</u> structure is an organizational structure in which executives are at the​ center, spreading their vision outward in rings grouped by function​ (managers, then​ specialists, then​ workers).

Explanation: Circular structures have a circular organization chart that is a type of business organization chart that is identified by its spherical shape. It is an organizational chart that represents customer services and does not determine the chain of command like other organizational charts. It contains a central circle, where the figure that has the highest authority in the company is located and has the necessary number of concentric circles around it, according to the people who represent the organization.

3 0
3 years ago
The transactions listed below are typical of those involving New Books Inc. and Readers’ Corner. New Books is a wholesale mercha
ArbitrLikvidat [17]

Answer:

(A) Inventory increases by 595,000

(B) Inventory decreases by 14,500

(C) no effect

Inventory balance: 595,000 - 14,500 = 580,500

Explanation:

<u>We are asked for Readers' Corner</u>

(A) Reades purchase at 595,000 so we use this value. Reader has no informaiton about the cost of New Books.

(B) there is an allowance for 14,500 the inventory account will decrease immediately as it works with perpetual invnetory method

(C) no effect. The payment do not alter the invnetory valuation.

5 0
4 years ago
________ company emphasizes its home country culture throughout its operations, and it tends to staff key positions abroad with
photoshop1234 [79]

Answer:

The correct answer is letter "C": An ethnocentric.

Explanation:

An ethnocentric company is the type of organization that promotes the culture of its own culture among employees and focuses on providing local workers with the best opportunities possible so they can be competitive. These firms have a nationalistic approach and have the main goal of contributing to their country's development.

7 0
3 years ago
What is an example of delayed purchasing
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Answer:  Paying for a refrigerator in a year and receiving the refrigerator in. a year. ... Paying for a refrigerator in a year and receiving the refrigerator

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3 years ago
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