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eduard
3 years ago
11

Suppose we observe an increase in the demand for houseplants. What would we expect to happen to the price and quantity sold of h

ouseplants? Group of answer choices Price will increase and quantity will decrease. Price will increase and quantity will increase. Price will decrease and quantity will decrease Price will decrease and quantity will increase Price will increase but quantity will remain constant
Business
1 answer:
Kay [80]3 years ago
7 0

Answer:

Price will increase and quantity will increase

Explanation:

When there is an increase in demand , there would be an outward shift of the demand curve while the supply curve would remain the same.

Demand would exceed supply and price would rise as a result.

Due to increased demand for houseplants, the supply of house plants would also increase.

I hope my answer helps you

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Bruce Corporation makes four products in a single facility. These products have the following unit product costs: Products A B C
Goryan [66]

Answer:

How many minutes of grinding machine time would be required to satisfy demand for all four products = 97,620 minutes.

Explanation:

The minutes of grinding machine required to satisfy demand for all four products -

Grinding time of Product A = Grinding minutes per unit of Product A * Monthly demand in units of Product A

= 5.0 * 5,200 = 26,000

Grinding time of Product B = Grinding minutes per unit of Product B * Monthly demand in units of Product B

= 6.50 * 5,200 = 33,800

Grinding time of Product C = Grinding minutes per unit of Product C * Monthly demand in units of Product C

= 5.50 * 4,200 = 23,100

Grinding time of Product D = Grinding minutes per unit of Product D * Monthly demand in units of Product D

= 4.60 * 3,200 = 14,720

The minutes of grinding machine required to satisfy demand for all four products =

= 26,000 + 33,800 + 23,100 + 14,720

= 97,620 minutes.

6 0
3 years ago
The income statement provided is from June. Since Aafreen operates her restaurant on a calendar year, the net income represents
sweet-ann [11.9K]

The income statement is one of the most common and important financial statements. The income statement, also known as the income statement (P&L), summarizes all income and expenses over a period of time, including the cumulative impact of income, profits, expenses, and loss transactions.

S stands for Selling Expenses and includes the costs of advertising, selling, and delivering goods and services. Selling expenses include sales materials, travel expenses to customers and prospects, advertising expenses, salesperson salaries and commissions, and so on.

Operating expenses — also known as selling, general, and administrative (SG&A) expenses — are the costs of running a business. These include rent and utilities, marketing costs, computer equipment, and employee benefits.

Learn more about sales and expenses at

brainly.com/question/24778422

#SPJ4

3 0
2 years ago
The rate established prior to the beginning of a period that uses estimated overhead and an allocation factor such as estimated
soldi70 [24.7K]

Answer:

This is the Predetermined overhead rate

Explanation:

The predetermined overhead rate assigns a particular amount of manufacturing overhead to each direct labor or machine hour. This helps businesses allocate resources and also set pricing. This computation is usually done at the beginning of each period.

To calculate this, we divide the estimate of the manufacturing overhead cost total by the estimated number of machine hours. It is used to assign overhead cost to jobs.

8 0
3 years ago
A large furniture and appliance rental business is considering sponsorship options. It has brought together vice-presidents from
lutik1710 [3]

Answer:

a. cross-functional team

Explanation:

In this case, the most appropriate is the use of a cross-functional team.

This team is formed by several professionals with knowledge, techniques, skills and resources to help the company achieve its goals and objectives.

The benefits of forming a cross-functional team is to aggregate the potential of each member in a common objective, which ensures greater flexibility of ideas, greater innovation, greater exchange of experiences, which guarantees greater team engagement, greater possibility of designing solutions and greater efficiency in organizational processes.

6 0
3 years ago
Panco, a U.S. entity, has a subsidiary, Sanco, located in a foreign country. Sanco's operations are concentrated in the country
Arte-miy333 [17]

$15,600 is the amount (in 000) of Sanco's sales in U.S. dollars

Explanation and Solution :

Because translations can be used to translate the financial results of Sanco presented in FCUs to U.S. dollars, transactions will be translated using the rate of exchange in effect at the time of each transaction or the weighted average exchange rate for the year.

In this scenario, the weighted average exchange rate for the duration shall be given as

1 FCU = $1,300.

The right dollar sum of revenue to Sanco will then be

12,000 FCUs x $1,300 = $15,600.

8 0
3 years ago
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