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2 years ago

A price support is a type of _____.

Business

2 answers:

maw [93]2 years ago

7 0

a.price floor

Where the government fixes the minimum retail price

Yuliya22 [10]2 years ago

7 0

Answer: a. price floor

A price support is a type of price floor.

Explanation:

Price floor refers to a price control in which the government set the minimum price a commodity or product can be sold. It brings about a market surplus due to the fact that the quantity supplied at the price floor is higher than or exceed the quantity demanded. The government uses price floor in preventing prices from being too low. An example of a price floor is minimum wage (price) payed for labour.

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A handful of companies on the Fortune 500 list are more than 100 years old, which is rare. What organizational characteristics d

ohaa [14]

Answer:

Following are the organizational characteristics that explain the 100-year longevity of a company:

Explanation:

Selling Necessity Goods

Many of companies provide such goods and services which are essential for our everyday activities. Hence, people tend to buy from these companies as it is their routine to do so.

Laser-Sharp Customer Focus

These companies have always focused on the ever changing needs and demands of the customers and have worked accordingly. Hence their focus on customer service is the key to their success.

Willingness to Chart New Territory

Since customer needs are always evolving, all organizations celebrating centennials have taken significant gambles in order to expand their offerings. Steelcase, for instance, began as a furniture company but has recognized that the way people work has changed.

Ongoing Community Relationships

Long-lasting organizations also make their mark by giving back to the communities in which they’ve thrived. The GSUSA estimates that its members complete more than 75 million hours of community service annually.

These organizations have achieved so much because they have adapted their strategies to a changing world, and because they are always looking for ways to improve people’s lives. It is these traits that position them well no matter what the future holds.

8 0

3 years ago

The ________ innervation of the kidneys reduces urine production, while the function of its ________ innervation is unknown

mrs_skeptik [129]

The sympathetic innervation of the kidney reduces urine production, while the function of its parasympathetic innervation is unknown.

The kidneys are innervated through the sympathetic neurons of the autonomic nervous system thru the celiac plexus and splanchnic nerves. reduction of sympathetic stimulation outcomes in vasodilation and extended blood flow thru the kidneys in the course of resting situations.

Activation of sympathetic nerves to the kidney increases tubular sodium reabsorption, renin launch, and renal vascular resistance. These moves make contributions to long-time period arterial stress elevations by way of shifting the pressure-natriuresis curve to the proper

There is a two-way relationship between the sympathetic nervous system and the kidney. On the one hand, the sympathetic nerve device influences renal function, i.e. renal hemodynamics, renin secretion, and tubular sodium transport.

Learn more about splanchnic nerves here brainly.com/question/13755935

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4 0

1 year ago

What type of organization provides the liability advantages of a corporation, without the regulations corporations must deal wit

34kurt

Answer:

LLC

Explanation:

LLC is known as limited liability company. It is a corporate structure in the United States whereby the proprietors are not by and by subject for the organization's obligations or liabilities. Constrained risk organizations are crossover substances that join the attributes of a company with those of an association or sole ownership.

8 0

3 years ago

Check my workCheck My Work button is now enabledItem 15 Time Remaining 2 hours 27 minutes 1 second02:27:01 Exercise 8-16 Direct

Step2247 [10]

Answer:

Zan Corporation

Production Department

Quarters 1st 2nd 3rd 4th Total

1. Raw materials 50,000g 62,000g 54,000g 44,000g 210,000g

Purchased

2. Cost of purchases $60,000 $74,400 $64,800 $52,800 $252,000

3. Total disbursement $38,880 $68,640 $68,640 $57,520 $233,680

4. Direct labor costs $11,500 $18,400 $16,100 $13,800 $59,800

Explanation:

a) Data and Calculations:

Forecast Production

Quarters 1st 2nd 3rd 4th Total

Units to be produced 5,000 8,000 7,000 6,000 26,000

Grams required 40,000g 64,000g 56,000g 48,000g 208,000

Beginning Inventory 6,000g 16,000g 14,000g 12,000g 6,000g

Raw materials purchase 50,000g 62,000g 54,000g 44,000g 210,000g

Ending Inventory 19,200g 16,800g 14,400g 9,600g

Cost of purchases $60,000 $74,400 $64,800 $52,800 $252,000

Beginning Inventory cost 7,200 19,200 16,800 14,400

Total Cost of materials $67,200 $93,600 $81,600 $67,200

Cost of materials used $48,000 $76,800 $67,200 $57,600

Grams required by 1 unit 8 gm

Cost of 1 gm = $1.20

Ending Raw materials

25% of next quarter's 16,000gm 14,000gm 12,000gm 8,000gm

Accounts Payable

Beginning balance $2,880

Cost of purchases $60,000 $74,400 $64,800 $52,800 $252,000

Cash Disbursement for purchases of materials:

Cash Payment: 1st 2nd 3rd 4th Total

60% quarter acquired 36,000 44,640 38,880 31,600

40% in ffg quarter 2,880 24,000 29,760 25,920

Total disbursement $38,880 $68,640 $68,640 $57,520 $233,680

Cost of direct labor:

Each unit requires 0.20 direct labor-hours at $11.50 per hour

Quarters 1st 2nd 3rd 4th Total

Units to be produced 5,000 8,000 7,000 6,000 26,000

Total direct labor-hours 1,000 1,600 1,400 1,200 5,200

Direct labor costs $11,500 $18,400 $16,100 $13,800 $59,800

7 0

3 years ago

can produce two types of light fixtures, the indoors model and the outdoors model. if the total sales are expected to be 21,050

mars1129 [50]

Answer:

$1,000,000

Explanation:

The computation is shown below:

Particulars Indoors Model Outdoors Model Total

No of Units

(21,050 in ratio 2:3) 8,420 12,630 21,050

Sales 1,263,000 2,778,600 4,041,600

Less: Variable costs 168,400 505,200 673,600

Contribution margin 1,094,600 2,273,400 3,368,000

Less: Fixed costs

(2,160,000 + 208,000) 2,368,000

Operating Income 1,000,000

7 0

2 years ago