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AfilCa [17]
3 years ago
13

Suppose there are five suppliers of ice cream in the town of Summerville. When the price of ice cream is $2 per scoop, Firm A is

willing to sell 20 scoops, Firm B is willing to sell 50 scoops, Firm C is willing to sell 35 scoops, Firm D is willing to sell 100 scoops, and Firm E is willing to sell 40 scoops. From this information we can conclude that Group of answer choices the market quantity supplied is less than 250 scoops when the price is $2 per scoop. the market quantity supplied is greater than 250 scoops when the price is less than $2 per scoop. the market quantity supplied is greater than 250 scoops when the price is $2 per scoop. the market is in equilibrium.
Business
1 answer:
victus00 [196]3 years ago
3 0

Answer:

the market quantity supplied is less than 250 scoops when the price is $2 per scoop

Explanation:

When price is $2, the total quantity supplied = 20 + 50 + 35 + 100 + 40 = 245

At the price $2, the total quantity supplied is less than 245

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The process of joint decision making in which employees share a high degree of decision-making power with their superiors is cal
iVinArrow [24]

Answer:

The process of joint decision making in which employees share a high degree of decision-making power with their superiors is called Participative Management

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3 years ago
1. A computer game that can be purchased online and played right away has good ___ utility. A) form. B) info. C) value. D) time
gizmo_the_mogwai [7]
1.) Out of the choices given here, a computer game that can be purchased online and played right away has good time utility. The other choices didn't seem to be a good fit for this particular question. The correct answer is D. 

2.) Hours of labor or the number of workers are common ways of measuring a company's division of labor. The correct answer is A, division of labor. 
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3 years ago
Parsons Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Last
arsen [322]

Answer:

option (C) 32,750 hours

Explanation:

Data provided in the question:

Actual manufacturing overhead cost = $250,000

Overapplied overhead = $12,000

Predetermined overhead rate = $8.00 per direct labor-hour

Now,

The total Manufacturing Overhead applied last year

= Actual manufacturing overhead cost + Overapplied overhead

=  $250,000 + $12,000

= $262,000

Therefore,

Direct Labor Hours worked last year = \frac{\textup{Total Manufacturing Overhead applied}}{\textup{Predetermined overhead rate}}

or

=  \frac{\textup{262,000}}{\textup{8}}

= 32,750 hours

Hence,

The correct answer is option (C) 32,750 hours

6 0
3 years ago
For most careers, which degree will likely result in the highest lifetime earnings
oksian1 [2.3K]
A Masters Degree Because with that you can get any job you want
6 0
3 years ago
Read 2 more answers
A stock has an expected return of 13. 24 percent, the risk-free rate is 4. 4 percent, and the market risk premium is 8. 98 perce
ipn [44]

A stock has an expected return of 13. 24 percent, the risk-free rate is 4. 4 percent, and the market risk premium is 8. 98 percent. 0.75 is the stock's beta.

Calculate the beta for stock using the CAPM approach as follows:

Cost of common stock = Risk-free rate + Beta × Market risk premium

13% 7% + Beta x8%

13% 7% Beta × 8%

6% = Beta x8%

6% 8% Beta = =

=0.75

Therefore, the beta for stock using the CAPM approach is 0.75.

Market risk is the potential for loss to individuals or other companies as a result of factors that affect the overall performance of an investment in financial markets.

Learn more about market risk at

brainly.com/question/25821437

#SPJ4

3 0
2 years ago
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