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laila [671]
3 years ago
10

Just before the Persian Gulf War, suppliers of gasoline held back the supply of gasoline they were willing to sell. This action

was an example of which of the determinants of supply? a Prices of other goods b Number of sellers c Expectations d Resource Prices e Government actions
Business
1 answer:
Anastaziya [24]3 years ago
7 0

I think that this would be a good example of E. Government Actions, because due to the war, the suppliers don't want to sell their stock because it may not be safe.

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The high-low method calculates the total fixed cost as the: Group of answer choices
MaRussiya [10]

Answer:

c. difference between total variable costs and total costs at a particular activity level

Explanation:

The high low method consists of calculating costs on the basis of highest & lowest activity & comparing their corresponding total costs.

Variable cost per unit is found by : change in cost divided by the change in activity level for two points

Variable Cost per unit = <u>Highest activity cost - Lowest activity cost </u>

                                      Highest activity units - lowest activity units

Fixed Cost is thereafter calculated by subtracting Total Variable Costs from Total Cost

Fixed Cost = Highest Activity Total Cost - [ (Variable cost per unit) x (highest activity units)

Fixed Cost = Lowest Activity Cost - [ (Variable cost per unit) x (lowest activity units)]

4 0
3 years ago
A purchase made with no planning or research is a(n) __ buying decision.
Pachacha [2.7K]
<span>A.impulse
Hope this helps.</span>
5 0
4 years ago
Read 2 more answers
"I'll let you sell the Harley-Davidson designer clothes only if you'll also sell a new line of clothes designed by Paula Abdul,
yulyashka [42]

Answer:

B)tie-in sales.

Explanation:

Theses are the options for the question;

A. misrepresentation.

B. tie-in sales.

C. reciprocity.

D. price discrimination.

E. kickbacks

From the question, we are informed about a statement ""I'll let you sell the Harley-Davidson designer clothes only if you'll also sell a new line of clothes designed by Paula Abdul, too."

This statement made by a salesperson to a specialty retailer is potentially an example of tie- sales and may be in violation of the Clayton Act prohibition if the action substantially lessens competition.

It should be noted that tie - in sales in finance means that when a cusumer buys a goods he/she must buy the other product, it simply means the products are tied, and this is opposite of Clayton Act which was set up to bring end to transactions that can lead to monopolies.

3 0
3 years ago
Several years ago, Nicole Company issued bonds with a face value of $1,030,000 for $960,000. As a result of declining interest r
EleoNora [17]

Answer:

Journal Entry

Explanation:

The Journal Entry is shown below:-

Bonds payable Dr,                      $1,030,000

Loss on retirement of bond Dr,       $78,800

($1,091,800 - $1,013,000)

          To discount on bond                      $17,000

          To cash                                            $1,091,800

($1,030,000 × 106%)

(Being retirement of the bonds is recorded)

8 0
3 years ago
The commercial banking system, because of a recent change in the required reserve ratio from 8 percent to 10 percent, finds that
Rainbow [258]
<span>If it is unable to obtain any additional reserves, it must reduce deposits and money supply by $500 Million.  
$50 Million x 10 = $500 Million.
(10% of $500 Million = $50 Million)</span>
3 0
3 years ago
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