A mask...This California Fire has affected are air quality so much
Answer:
The equivalent units of production for materials during the period is 32,250 units.
Explanation:
Using first-in, first-out
Units Started and completed are the units received from the previous department - ending
34,500- 4,500=30,000
Units in production for materials
Beginning WIP 0 ( the whole materials were added at the previous period)
Started and completed 30,000
Ending WIP 2,250 (4,500 x 0,50) (50% complete as to materials)
Total materials 32,250
Answer:
The correct answer is: when buyers and sellers have influence on price.
Explanation:
The imperfect market situations exist when there are few buyers or sellers such that they are able to influence the market. For instance, in a perfectly competitive market, there is a large number of buyers and sellers. So, any single buyer or seller is not able to influence the market. The price and output are determined by the market forces.
In an imperfect market such as monopoly or oligopoly, few firms exist so they are able to fix output and price on their own.
