Answer:
II) "As the cost of producing eggs rises, the supply of eggs will tend to fall."
Explanation:
The term supply refers to the quantities of a product that firms are willing to sell at the market price at a specific price or at different prices. Several factors, such as demand, cost of inputs, competition, among others, may influence the supply. As per the law of supply, everything else remaining constant, suppliers will be to sell more at higher prices.
Statement 11 describes supply better that statement 1. In statement 11, an increase in the cost of producing eggs decreases the profit realized from the sale of eggs. When the production of eggs is costly, suppliers may not have the resources to produce them in bulk. The statement recognizes that supply is influenced by demand. An increase in cost will force the suppliers to raise prices, which may lead to reduced demand.
Statement 1 asserts that an increase in price will lead to an increase in price. If the increase in price is a result of an increase in the cost of inputs, then suppliers may not increase the supply. An increase in price, followed by an increase in supply, will result in a market surplus. An increase in prices causes a decline in demand.
Answer:
The Contribution Format Income Statement is utilized for internal decision-making purposes.
Explanation:
The contribution format income statement is a most and useful tool for the planning and decision-making as it represents the revenue that is produced after subtracting the variable and fixed expenses. So it would be utilized for the decision-making motive for internal.
The steps of the DG pickup process which are put into the correct order are as follows:
- Download and Install the DG application
- Make enquiries on whether the particular store makes use of DG pickup
- Make an order and reserve a time slot
- Add the items to the virtual cart
- Put the digital coupons of the DG pickup
- Checkout
<h3>What is a Pickup Service?</h3>
This refers to a type of service which is used to deliver goods from one location to a customer at his preferred location.
With this in mind, we can see that the correct steps of making use of online pickup service such as DG pickup is shown as there needs to be the installation of the app, then to add the items to the cart and finally checkout.
Read more about pickup services here:
brainly.com/question/6855095
Answer:
The answer is false.
Explanation:
If a a check mark is placed in the Posting Reference column after the cash sales and bankcard sales transactions are recorded in the cash receipts journal, it means are the transactions have been posted to their respective accounts(i.e cash sales account and bank card sales account)
A check mark denotes 'YES'. or 'TRUE'.