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4 years ago

Which statement best describes why it’s difficult to sell a home during a recession? :)

Business

2 answers:

Fed [463]4 years ago

8 0

Demands greatly increases

Alekssandra [29.7K]4 years ago

3 0

Answer:

B) Demand greatly decreases.

Explanation:

edg2020

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Job cost sheets can provide information to managers on unit cost trends, the cost impact of continuous improvement in the manufa

Lera25 [3.4K]

Answer:

Yes its True ✅

5 0

3 years ago

A demand curve: a. illustrates the positive relationship between price and quantity demanded. b. illustrates the negative relati

kow [346]

Answer:

b. illustrates the negative relationship between price and quantity demanded.

Explanation:

The demand curve is negatively sloped. The higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded. This illustrates a negative relationship between price and quantity demanded.

I hope my answer helps you

3 0

3 years ago

Philadelphia Company has the following information for March:

Liula [17]

Answer:

a. Manufacturing margin $

Sales 450,000

Less: Fixed manufacturing cost 70,000

Manufacturing margin 380,000

b, Contribution margin $

Sales 450,000

Less: variable costs:

Variable cost of goods sold 240,000

Variable selling and administrative expenses 52,000

Contribution margin 158,000

c. Income from operations $

Contribution margin 158,000

Less: Fixed manufacturing cost 70,000

Fixed selling and administrative expenses 35,000

Income from operations 53,000

Explanation:

Manufacturing margin is the excess of sales over fixed manufacturing cost.

Contribution margin is the excess of sales over total variable costs.

Income from operation is the excess of contribution margin over total fixed costs.

4 0

3 years ago

Competitive firms' profits are ______________ monopolistically competitive firms' profits in the long run.

Alla [95]

Answer and Explanation:

Competitive firms' profits (economic profit) are same as monopolistically competitive firms' profits in the long run. Both competitive firms and monopolistic firms have zero profit in the long run. This is because for competitive firms, increased competition by entry of new firms creates high competition therefore infinitely homogenous divisible products hence zero economic profit in the long run. Also in monopolistically competitive firms, there is economic profit in short run but it soon becomes zero profit in the long run

4 0

3 years ago

You have agreed to paint your neighbor's house a lovely shade of chartreuse for $1500 and discover much to your dismay that the

Maslowich

Answer:

fixed price contract

Explanation:

Based on the information provided within the question it can be said that the neighbor most likely transferred risk with a fixed price contract. This refers to a contract that whose price is fixed at a set amount which does not depend on resources or time spent to complete the contract. Therefore it does not matter how much time or money the painter has to spend on tools, he must complete by the terms of the contract for the $1500 that were agreed upon.

4 0

3 years ago