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3 years ago

Which scenario best reflects the relationship between production and demand in a recession?

Business

2 answers:

Zarrin [17]3 years ago

8 0

Answer:

C. Car dealerships cannot sell their stock

There are four scenarios as following:

a.) Car dealerships have minimal overstock.

b.) Car dealerships are not restocking.

c.) Car dealerships cannot sell their stock.

d.) Car dealerships cannot obtain stock.

=> The answer is C

Explanation:

Recession is the term used to describe the situation when a country suffer from the negative economic growth (indicated in the negative GDP growth rate).

The recession is considered the result of the economic downfall of that country, resulting in the decrease in capital inflow, slowing down the production and increasing the unemployment rate in that country. Consequently, the wage of people there would decrease, lowing their consumption. So that with lower demand and level of expense of the market, the car dealerships cannot sell their stock. 

larisa86 [58]3 years ago

5 0

Answer:

C. Car dealerships cannot sell their stock

Explanation:

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Which events could cause the change in demand shown on this graph? Check all that apply.

Kazeer [188]

Answer:

Factors that can shift the demand curve for goods and services, causing a different quantity to be demanded at any given price, include changes in tastes, population, income, prices of substitute or complement goods, and expectations about future conditions and prices.

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3 years ago

What does the term “idle time” refer to in performance measurement?

Vedmedyk [2.9K]

Explanation:

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3 years ago

Read 2 more answers

The following information is available for a company's utility cost for operating its machines over the last four months.

laila [671]

Answer:

Using the high-low method, the estimated variable cost per machine hour for utilities is $1.875/ machine hour

Explanation:

High Low Method is a method used to separate Fixed and Variable Costs Components of a semi-variable cost/overhead.

Step 1 : Establish 2 points - The Highest and The Lowest

High - March 2,640 hrs : $8,100

Low - April 720 hrs : $ 4,500

Step 2 Calculate the variable Cost Component

Variable Costs = Overhead Cost difference /Activity difference

= ($8,100-$4,500)/(2,640hrs-720hrs)

= $3,600/1,920hrs

= $1.875/hr

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3 years ago

Mattel, inc. selects suppliers and obtains raw materials to make toys. the company is engaged in which function of marketing?

goblinko [34]

It's a because mattel is buying from them.

can you give me 5 stars and thank you button and brainliest answer

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4 years ago

1/1/2019 sally miller purchased $500 of merchandise on account; the cost of the item is $310

timofeeve [1]

Solution and Explanation:

date Particulars Debit Credit

1st january, 2019 Account receivable 500

Sales revenue 500

(To record sales on account)

Cost of goods sold 310

Merchandise inventory 310

(To record cost of goods sold)

31st january, 2019 Notes receivable 500

Accounts receivable 500

(To record notes receivable for the 60 days at the rate of 6 percent)

1st April, 2019 Allowances for Doubtfull accounts 500

Notes receivable 500

(In order to write off Sally Millers account, no interest revenue is to be recognised)

2nd May, 2019 Notes receivable 500

Allowances for doubtful debts 500

( in order to record re-instatement)

2nd May, 2019 Cash 507.50

Notes receivable 500

Interest revenue 7.5

( In order to record the payment received)

3 0

3 years ago