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Lena [83]
3 years ago
15

The rule of supply and demand says that

Business
2 answers:
Marat540 [252]3 years ago
8 0

If the demand is higher than the supply then the price goes up, and if you have a high supply and a low demand then the price goes down

kozerog [31]3 years ago
3 0

The rule of supply and demand says that if there is high demand for goods the price of said good goes up. Now if the supply is more than the demand then price will plummet since there are too many items.

Hope this helps have a nice day (:

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Dave brags to his dad that his $45,000 starting salary as a computer programmer is much higher than his dad's $28,000 starting s
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Answer:

Option C Incorrect; adjusting for price changes, his salary is less than his dad's salary  

Explanation:

Adjustment to price changes = (Amount received n years ago divided by Price Index n years ago) * Price Index today

Adjustment To price changes = ($28,000 / 110.8) * 180.5 = $45613.7

The amount $28,000 is worth $45,613.7 in todays value which means that if we adjust for price changes, Dave is incorrect because his salary is worth less by an amount $613.7 from his father's salary.

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Answer:

B

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Robinson Manufacturing found the following information in its accounting records: $523,000 of direct materials used, $215,000 of
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Answer:

Company’s Cost of Goods Manufactured = $1,506,500

Explanation:

Use following formula to calculate cost of goods manufactured

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When you encounter an organization where employees are quite intense, focused, and determined to win, you have encountered an or
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Answer: When you encounter an organization where employees are quite intense, focused, and determined to win, you have encountered an organization with a(n) <u>Mercenary</u> culture.

<u>Explanation:</u>

Mercenary is one who always works for money not for achieving any organizational goal. Mercenary culture is one in which employees have the same thinking. Employees are not friends with each other. It is the culture in which everyone thinks of his benefit. People are more determined to win even if they have to sacrifice their ethics.

So this type of culture is not very successful in the long run. Because everybody works for his or her advantage. For an organization to be successful everyone has to work together keeping in mind the benefit of other employees also.

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What are the costs of “freebie” items?
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Answer:

The costs of a “freebie” item includes resources to make, a person's labor, and the cost to the store to offer it to us as free.

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