Answer:
Cream $560
Explanation:
Units Selling price Sales value Percentage of sales value Allocated cost
Cream200 15 3,000 3,000/5,400 = 56% 1,000 x 56% = $560
Skimmed
milk600 4 2,400 2,400/5,400 = 44% 1,000 x 44% = $440
Total $5,400 100% $1,000
Therefore the amount of joint cost allocated to cream is $560
Answer:
B. Surplus and the price level will fall
Explanation:
If at a particular price level the real domestic output from producers is greater than real domestic output desired by purchasers it means that supply has outstripped demand and price has not changed.
If supply is greater than demand, there would be a surplus and prices would fall.
An increase in supply is shown by a rightward shift of the supply curve.
Systematic risk does not include business risk (option c).
<h3>What is systematic risk?</h3>
Systematic risk are risk that are inherent in the economy. Systematic risk cannot be diversified away. They are also known as market risk. Examples of this risk include recession, inflation, and high interest rates. Systematic risk can only be insured against. Systematic risk is known as undiversifiable risk.
Business risk is an example of non-systematic risk. It is the risk that is specific to a business and not the whole economy. Non-systematic risk can be diversified by holding different types of stocks in the portfolio. Non-systematic risk are known as diversifiable risk.
To learn more about systematic risk, please check: brainly.com/question/24177720
#SPJ1
Working out really helps, getting touch with your spirituality, don’t overwhelm yourself and take it easy
Body Language is communicate by movement or position, particularly facial expressions, gestures and the relative positions of a speaker and listener.
