All categories

3 years ago

Derived demand is demand: Group of answer choices

Business

1 answer:

Aleks [24]3 years ago

5 0

Answer:

C) linked to the production and sale of some other item.

Explanation:

• Derived demand is an economic term describing the demand for a good/service resulting from the demand for an intermediate or related good/service.

• Derived demand is solely related to the demand placed on a good or service for its ability to acquire or produce another good or service.

• The principles behind derived demand work in both directions; if the demand for a good decrease, the demand for the goods required to produce the item will also decrease.

Read more about presentations here:

brainly.com/question/24653274

#SPJ1

4 0

2 years ago

What is equilibrium wage?

slavikrds [6]

Answer:

This means that the equilibrium wage rate and employment will be determined by the intersection of the horizontal labour supply curve, and the downward sloping MRP (D) curve. The wage rate is determined by the whole market, and this sets the wage rate for all firms in the market.

Explanation:

hi :)

3 0

1 year ago

Read 2 more answers

Why people in New York it hard to get shelter with a child

Gala2k [10]

I don’t know, probably because there is so much people in NY or maybe the shelter doesn’t allow children?

8 0

3 years ago

The Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and Assembly.

katen-ka-za [31]

Answer:

Allocated MOH per unit= $45.94

Explanation:

Giving the following information:

Product Number of Units Labor Hours Per Unit

Blinks 1,178 2

Dinks 2,060 3

Estimated overhead costs for the period= 108,300 + 87,800= $196,100

Total direct labor hours= (1,178*2) + (2,060*3)= 8,536

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 196,100 / 8,536

Predetermined manufacturing overhead rate= $22.97 per direct labor hour

<u>Now, we allocate overhead to Blinks:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 22.97*2= $45.94

5 0

3 years ago

Check My Work (1 remaining) Fraud detection is an important element of minimizing losses from fraud, and it is important that fr

Alexandra [31]

<h2>True. The early detection of fraud avoids greater loss.</h2>

Explanation:

The early detection of fraud needs to be done for the following reason:

Fraud will continue if not found earlier and thus leads to greater loss
The fraud team is not widen before huge loss happens
Easy to recover
Possibility of finding the loop holes even if it is from external sources
Detects weakness in the internal control and eradicate and make the system secure
Avoid huge loss and threats
To gain profits
To keep up the name of the organization
To bring business and to retain customers

4 0

3 years ago