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Lena [83]
3 years ago
10

Choose the statement that is incorrect. A. Search activity occurs only in markets where there is a shortage. B. The time spent l

ooking for someone with whom to do business is called search activity. C. When a price is regulated and there is a​ shortage, search activity increases. D. The opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.
Business
1 answer:
Rufina [12.5K]3 years ago
3 0

Answer:D

Explanation:because it seems like it

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Discuss both the quantitative and qualitative factors that managers should consider when making decisions using differential ana
Anettt [7]

Answer:

Quantitative judgments are mainly based on statistical analysis of acquired data, whereas subjective judgments are dependent on a variety of algorithms such as data kind and quality, influencing variables, hazard identification, and etc.

Consider qualitative aspects that may affect your decision to buy items from a third-party vendor. The supplier's dependability, the quality of its administration, and the grade of its commodities are instances of such criteria.

4 0
3 years ago
Inventory should be reported as follows except a.according to the chosen cost flow assumption. b.at lower of cost or market. c.a
Gnom [1K]

Answer:

c.as a long-term asset on the balance sheet.

Explanation:

The inventory has come under the current asset as it is converted into cash within one year. Like other current assets i.e account receivable, prepaid insurance, etc contains high liquidity and they get converted into cash in less than one year

It also recorded at cost or market value whichever is lower plus it also chosen as cost flow consumption but it is not reported as a long term asset as it is classified as a current asset, not the long term asset

5 0
3 years ago
Which of the following illustrates the law of demand? a. Jorge buys fewer pencils at $2 per pencil than at $1 per pencil, ceteri
iVinArrow [24]

Answer:

e. a and c

Explanation:

The law of demand states that the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded. This occurs because of the law of diminishing marginal utility.

The law of diminishing marginal utility states that the more of a commodity is consumed, the lower the utility derived from the consumption of the product.

It follows that Jorge and karissa would demand less of pencils and sweaters as their prices rise.

The demand curve is usually downward sloping to illustrate the law of demand.

4 0
3 years ago
In Maddie's company, senior officers eat in the same cafeteria as the entry-level workers. On a trip to a different country, she
yKpoI14uk [10]

Answer:

Power distance

Explanation:

"Power distance is a term that describes how people belonging to a specific culture view power relationships - superior/subordinate relationships - between people, including the degree that people not in power accept that power is spread unequally.

Individuals in cultures demonstrating a high power distance are very deferential to figures of authority and generally accept an unequal distribution of power, while individuals in cultures demonstrating a low power distance readily question authority and expect to participate in decisions that affect them. "

Reference: Grimsley, Shown. “Hofstede's Power Distance: Definition & Examples Video.” Study.com, Study.com, 2019

6 0
3 years ago
Which of the following is NOT a useful strategy when making an informed purchase?
kkurt [141]
The answer is 4, purchase a product based on a social media influencer.

this would not be an informed purchase
4 0
2 years ago
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