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N76 [4]
3 years ago
12

Which of the following is the BEST description of the law of demand?

Business
1 answer:
34kurt3 years ago
8 0
D

This is shown because when a item in demand is needed it becomes price and thus becomes lower of supply and gains value
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Paolucci Corporation's relevant range of activity is 4,000 units to 8,000 units. When it produces and sells 6,000 units, its ave
ratelena [41]

Answer:

$12.50

Explanation:

Variable costs are those costs which changes with the change in activity driving the cost (Sales. production etc.). It can be direct or indirect costs.

Whereas fixed costs are those costs which remains constant and do not change with the change in activity.

All the following costs are variable costs

                                                          Average Cost per Unit

Direct materials                                   $6.45

Direct labor                                          $3.30

Variable manufacturing overhead     $1.25

Sales commissions                              $1.00

Variable administrative expense       <u>$0.50</u>

Total variable cost per unit                <u>$12.50</u>

All the following costs are fixed costs.

Fixed manufacturing overhead         $3.00

Fixed selling expense                        $1.05

Fixed administrative expense           $0.60

3 0
3 years ago
What are the central concerns of economics?
attashe74 [19]
"<span>B) Resource use, production, and distribution of goods and services" is the correct answer. Economics is really a study of limited resources, and how people make choices. </span>
5 0
3 years ago
Andrew Industries purchased $165,000 of raw materials on account during the month of March. The beginning Raw Materials Inventor
Y_Kistochka [10]

Answer:

d. $141,000

Explanation:

As the following information is given

Purchase of raw material = $165,000

Beginning Raw material balance = $22,000

Completed direct material = $141,000

Completed indirect material = $13,000

Since the work in progress includes only direct material i.e $141,000 as indirect material is allocated to the overhead account. Therefore, only $141,000 of raw material is transferred to work in process account

So other information which is mentioned is ignored

3 0
3 years ago
Companies like my​ gym, which seek to do business in new markets for manufacturing​ and/or marketing​ purposes, have many potent
jeka94

They have many potential <u>Entry Modes</u> at their disposal.

<h3>What is Entry Mode?</h3>

Foreign market entrance modes in international trade are the methods through which a corporation can expand its services into a non-domestic market.

Market entrance options are classified into two types: equity and non-equity. Export and commercial agreements are examples of non-equity mechanisms. Joint ventures and totally owned subsidiaries are examples of equity models. Different entrance mechanisms differ in three key ways:

  • The level of danger they pose.
  • Control and dedication to the resources required.
  • The promised return on investment

Therefore, Companies like my​ gym, which seek to do business in new markets for manufacturing​ and/or marketing​ purposes, have many potential​ <u>Entry Modes</u> at their disposal.

For more information on Entry Modes, refer to the given link:

brainly.com/question/17232113

#SPJ4

4 0
2 years ago
The individuals or households that want goods and services for personal consumption or use, and have the resources to buy them a
olga nikolaevna [1]

The individuals or households that want goods and services for personal consumption or use, and have the resources to buy them are part of the consumers

<h3>Who are the consumers?</h3>

Consumers are known as the end users of any produced goods and services. They are crucial in the logistics chain in order to keep production running.

They are the set of individuals that want goods and services for their daily use and consumption purposes.

Learn more on consumers here: brainly.com/question/1213062

#SPJ12

4 0
2 years ago
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