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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 sound bite in a tv news report is the equivalent of a QUOTE in a newspaper story.

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Answer:

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The flexible budget would show fixed costs of $16,000

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In the question the following information is given ,

Expected volume - 8,000 units

Per unit Revenue -  $ 4.00

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For computing the fixed cost under flexible budget for actual production which produces 10,000 units. The fixed cost remain same.

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                                                        =  8000 units × 2.00

                                                        =$16,000

Hence, For 10,000 units, the fixed cost would be $16,000 as fixed cost remain same.

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