Inflation means that the prices are rapidly rising that is why there are many people who cannot actually buy the goods. So the answer for number 1 is D. <span>A positive number for the Consumer Price Index shows prices are rising.
For number 2, the answer is </span><span /> C. institute an embargo on trade in certain items in nation A. The U.S government wants does not want to allow the nations A's access to weapons.<span />
Answer: Invisible hand concept
Explanation: The invisible hand concept says that an invisible hand is a force that shifts market demand and supply in equilibrium point by itself automatically. Under this concept it is an assumption that the economy has no intervention from govt.
In the given case, Gig increases market share even if it was not his primary goal. So, we can conclude that it is an example of invisible hand.
The difference between a business revenues ans its expenses is known as its profits
A fixed expense<span> is an </span>expense<span> that will be the same total amount regardless of changes in the amount of sales, production, or some other place</span>
Answer:
Factory overhead
Explanation:
FACTORY OVERHEAD can be defined as the costs which are often incurred during the manufacturing process and they don't include the costs of direct labor and the costs of direct materials which is why FACTORY OVERHEAD are often aggregated into the cost pools as well as been allocated to units produced during the manufacturing period.
In order word FACTORY OVERHEAD can be seen as the total cost which is been involved in operating all of the production facilities of a manufacturing business in which they cannot be traceable directly to a product and it also include the cost of salaries which is been paid to employees who work in a factory .
