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USPshnik [31]
3 years ago
9

Which of the following is a correct statement?

Business
1 answer:
Nastasia [14]3 years ago
8 0

Answer:

The answer is B.

Explanation:

In purely competitive firms, there are many buyers and sellers that no single buyer or seller can influence the price of goods. They accept the price set by the market conditions which depend on the market supply and demand. Firms in this market are price-takers.

In monopolistic firm, no one is competing against him. He is the only one in the industry. He is the only seller while buyers are many. In most cases, buyers do not have alternative than to buy the product. Because of this, the firm in monopoly sets its price. He is a price-maker.

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_____________ data can be obtained through the use of surveys, observation, and focus groups.
sergeinik [125]

Answer:

Primary

Explanation:

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3 years ago
For which plan or plans is knowing the withdrawal restrictions important?
lubasha [3.4K]
I think it’s B: the 529 college savings only
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Millner Corporation has provided the following data from its activity-based costing accounting system: Activity Cost Pool Total
ryzh [129]

Answer:

Activity rate = $176  per hour

Explanation:

<em>Activity-based costing is a form of absorption costing where overheads are charged to product using cost drivers.  </em>

<em>Under this method, overheads are first analyzed and categorized by the activities responsible for them and then charged to product based on the amount of benefits enjoyed using cost drivers.  </em>

<em>Activity rate per driver is calculated as:  </em>

Activity overhead for the period / Total cost drivers for the period   Designing products activity cost pool= designing cost /product design hours

        = $1372,448/7,798 hours

       = $176  per hour

4 0
4 years ago
A static budget is one that __________,a. Is based on the actual sales volume achieved during the period. b. Is developed for a
lara31 [8.8K]

Answer:

b. Is developed for a single level of expected output.

Explanation:

The static budget means the fixed budget i.e fixed in nature. The amount does not changed moreover there is no significant changes occurred in this type of budget. If there is any business fluctuations or any other kind of fluctuations it does not impact at all

In addition, it is developed for a single level of expected output i.e developed for a single activity by considering its expected outcome or results  

7 0
3 years ago
Marlo Stanfield's operation also uses large quantities of prepaid cell phones, on average 1500 per week with a standard deviatio
AlekseyPX

Answer:

c. 0.9768

Explanation:

Lead time

Safety stock 500

Standard deviation 145

Safety stock = z * Standard deviation * \sqrt{L}

500 = z * 145*\sqrt{3}

500 = z * 251.14

Z = 1.990863

Therefore, for this Z value, we obtain the option c. 0.9768

8 0
3 years ago
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