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lozanna [386]
4 years ago
13

Which statement is true?

Business
1 answer:
igomit [66]4 years ago
3 0

Answer:

The answer is: A price floor is above equilibrium price and causes surpluses.

Explanation:

Following the supply curve, the higher the price, the larger the quantity supplied.

So when a price floor is set above the equilibrium price, the quantity supplied will increase, surpassing the quantity demanded. That will cause a surplus of quantity supplied.

For example, if the government sets the minimum wage to $50 an hour, there will be more people willing to work than vacant positions available.

You might be interested in
Marr Co. sells its products in reusable containers. The customer is charged a deposit for each container delivered and receives
faust18 [17]

Answer:

C. $674,000

Explanation:

The answer is calculated as :

Deposits for containers delivered in 20X5 + Deposits for containers returned in 20X5 - Deposits for containers returned in 20X5 from deliveries in 20X5 - Sales credited = The liability for deposits on returnable containers.

$580,000 + $780,000 - $626,000 -$60,000 = $674,000

Customers from 20X3 still hold some containers $150,000 - $90,000 = $60,000 which is the sales credited as the two year refund warranty is expired.

5 0
4 years ago
The curvilinear relationship of corporate performance and diversification indicates that:_____.
lyudmila [28]

The curvilinear relationship of corporate performance and diversification indicates that <u>dominant-business corporate strategies tend to be higher performing than related constrained or unrelated business strategies</u>.

Curvilinear shapes are composed of curved traces and smooth edges. They provide a more natural feeling to the form. In assessment, rectilinear shapes are composed of sharp edges and proper angles and deliver a feeling of order inside the composition. They look greater human-made, dependent, and artificial.

The movement of a car whilst taking a turn on the street, a motorbike moving on round race music, and a curler skating on a curved track are all examples of Curvilinear movement.

In rectilinear movement, all particles of the body travel an identical distance along parallel instantly strains. In curvilinear motion, the trajectories of character debris of the body are curved, even though the orientation of the body in the area does now not alternate.

Learn  more about curvilinear here brainly.com/question/24132084

#SPJ4

7 0
2 years ago
Change champions are more likely to make mistakes:_________.
Mrac [35]

Answer:

c. due to messiness and uncertainty behind change.

Explanation:

Change champions are the individuals who are either selected or who opts themselves to bring about change in the organization. They are selected by the change management group of the organization.

Change champions are more likely to make mistakes <u>due to the messiness and uncertainty behind the change. </u>Which means that such people are though experts but still due to the complicated changes and the chances of mishappening behind the changes they may make mistakes.

Even though they may commit mistakes but the change champions are the one's who learn from their mistakes and try and improve the mistakes committed.

8 0
3 years ago
Cullumber Company took a physical inventory on December 31 and determined that goods costing $514,000 were on hand. Not included
Licemer1 [7]

Answer:

The amount that Cullumber should report as its December 31 inventory is $543000.

Explanation:

FOB shipping point means the purchaser gains title to the merchandise at the shipping point, so when Pelzer shipped the goods, they belonged to Stallman.

**FOB destination means the seller maintains title until the merchandise reaches its destination, so since the goods have not reached their destination, the goods still belonged to Stallman

inventory on december 31 = inventory on december 31 + goods in transit purchased FOB shipping point + goods in transit sold FOB destintion

                                            = $514,000 + $7,000 + $22,000

                                            = $543000

Therefore, The amount that Cullumber should report as its December 31 inventory is $543000.

4 0
4 years ago
Suppose an investment offers to triple your money in 36 months (don’t believe it). What rate of return per quarter are you being
Sliva [168]
By the term quarter, we mean to say that a year is to be divided in four equal parts. Each year has 12 months. Therefore, each quarter is only composed of 3 months. The rate of tripling the money in 36 months can also be expressed in its equivalent in 3 months.
                   3/36 = x /3
The value of 3 is equal to 9/36 or 1/4. Therefore, the money will grow by 0.25% every quarter. 
7 0
3 years ago
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