Answer:
The answer is Selling Stocks
Answer:
Instructions are below.
Explanation:
Giving the following information:
Each pound of chocolate requires 400 cocoa beans and 0.15 labor hours.
During the year, 480,000 pounds of chocolate was produced.
First, we need to calculate the number of cocoa beans required to produce 480,000 units.
Number cocoa beans= 480,000*400= 192,000,000 cocoa beans.
Now, the hours of labor required.
Direct labor allowed= 480,000*0.15= 72,000 hours
Answer:
The correct answer is "no"
Explanation:
A market equilibrium occurs in those markets where consumer demand is equal to the amount offered by companies. But they don't necessarily have to be satisfied with the market price.
For example, if a product of basic need is in high demand, the price can be raised a lot which may not result in a fair price for the customer.
On the contrary, a low price on products puts potential competitors out of the market since many times due to production costs they cannot match these prices.
Answer:
a) Net Income = 68200
b) Tingler net income= 8645
Shocker net income=29655
Total net income=38300
c) No, because net income would decrease from 68200 to 38300.
Explanation:
Find the attachment for explanation/solution.
