Answer:
C
Explanation:
The highest mountain could fit into the deepest ocean basin.
Answer:
1. False
2. Shortage; Larger
Explanation:
1. A binding price ceiling is one that prevents the market from reaching its equilibrium. In this market, the equilibrium price is $25 therefore anything below $25 will be binding. A price ceiling below $25 per box is a binding ceiling.
2<em>. Assuming that the long-run demand for oranges is the same as the short-run demand, you would expect a binding price ceiling to result in a </em><em><u>shortage</u></em><em> that is </em><em><u>larger</u></em><em> in the long run than in the short run.</em>
In the long run, supply is more sensitive because farmers can decide to plant oranges on their land, to plant something else, or to sell their land altogether.
This means that a price ceiling in the long run will be less attractive to farmers so they might leave the market. If they do this then the shortage will be more as there are now less supplies in the market.
Answer:
B. Controllable costs
Explanation:
There are some costs that are expended by a company during the cost of carrying out their business operations. These costs such as labor costs and marketing budgets are incurred because the company has full authority over them. They are costs that can be altered in short term based on a business decision.
In other words, controllable costs are those costs or expenses that can be influenced by those who are saddled with the responsibilities of incurring them.
Answer:
patent on the consolidated estament: 32,000
Explanation:
45,000 x 80% = 36,000
36,000 / 9 = 4,000 amortization per year
patent of Grand heaven
<u> debit credit </u>
36,000 recognize at purchase
4,000 december 31th amortization
32,000 balance.
Answer:
The amount of Best Buy's cost of goods sold was $32,720 million
Explanation:
cost of goods sold = sales - gross profit
= $42,410 million - $9,690 million
= $32,720 million
Therefore, The amount of Best Buy's cost of goods sold was $32,720 million