Answer:
Up
Explanation:
When there aren't enough goods in the market, it means that the demand for goods exceeds its supply.
When there's excess demand over supply, prices rise.
When there's excess supply over demand, prices fall.
I hope my answer helps you.
Answer:
The gross profit margin for the cat condo is 50%
Explanation:
Since the gross profit per unit is not given, so first we have to find it. The calculation is shown below:
= Selling price per unit - Direct materials cost per unit - direct labor costs per unit - Manufacturing overhead per unit
= $90 per unit - $15 per unit - $10 per unit - $20 per unit ( $10 per unit × 200%)
= $45 per unit
Now apply the Gross profit formula which is shown below:
= (Gross profit per unit ÷ selling price per unit) × 100
= ($45 per unit ÷ $90 per unit) × 100
= 50%
Emergency funds are important because they B. are available when they are most needed, such as after a job loss. Emergency funds that are funds set aside for an emergency, out of the options above, this is when they are most needed. It is important to have an emergency fund set up because you can not prepare for what may happen and when, but having the funds prepared incase something does allows for much less stress.
Answer:
c. has a greater proportion of fixed costs to variable costs.
Explanation:
Operating leverage refers to the how or the means through which firms or organization can increase their operating income by increasing their revenue generation. As a way, more quantity of goods has to be sold to make up the cost.
In other words, operating leverage is a way of determining a business break even point.
