Answer:
e. flexible resources.
Explanation:
Resources that can be purchased according to their necessity and at the desired quantity are known as flexible resources. While resources that need to be ordered regardless of the actual amount used are known as committed resources.
Therefore, if resources can be purchased in the amount needed and at the time of use, they are flexible resources.
Answer:
Most of the time it's simply for goods another country has that they don't.
Explanation:
Back around 1500 china traded with places like Europe, Africa and other parts of Asia simply for different spices and resources.
Answer:
answer is $3000 to$12000 hope it will help you
Answer:
C. 91,000 74,000
Explanation:
Calculation to determine the choices that correctly expresses the total equivalent units of production for Material X and Material Y
Calculation for Material X using this formula
Material X = Started and completed + Ending Work-in-process inventory
Let plug in the formula
Material X = 74,000 units + 17,000 units
Material X = 91,000 units
Therefore Material X will be 91,000 units
Calculation for Material Y
Based on the information given Material Y will be 74,000 units reason been that Y is added at the 80% point while the current point on the other hand is 30%.
Therefore Material Y will be 74,000 units.
Answer: The cartel's determined price equals the marginal cost of the product sold.
Explanation: A cartel is a group of persons or firms acting in their own interest,they agree on certain terms like price and profit do the very best to achieve it.Most cartel don't tolerate failures or boycotts from it's members.
In the case highlighted,the cartel works to ensure joint maximization of profit,an individual firm acting in its own interests has an incentive to expand production up to the point where it's marginal cost is equal to the price as agreed by the cartel. Failure to honor this rule will lead to some negative consequences from the cartel and a loss on the part of the firm.