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Oksi-84 [34.3K]
3 years ago
12

Alabama this winter was socked in with snow which closed highways, stores and schools for weeks. Because of the road closures, s

oup was in greater demand but short on supply. The government put a temporary price ceiling on the cost of soup at $1. If the equilibrium for soup was at $5, what do you think happened?
Business
1 answer:
wlad13 [49]3 years ago
8 0

Answer:

people start black market for selling soup and delivering soup

Explanation:

we know here in winter due to snow highway is close so no transportation and if store will close than demand will be increase and supply will reduce

and if government reduce instant price up to 5 time for a short period than

i think people will try to stock it because there was a great demand and supply is very less than people start black market for selling soup and delivering soup

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Rediger Inc., a manufacturing Corporation, has provided the following data for the month of June. The balance in the Work in Pro
AVprozaik [17]

Answer:

$150,900

Explanation:

Calculation for what The cost of goods manufactured for June was:

Direct materials $56,800

Direct labor $30,700

Manufacturing overhead applied to work in process $53,900

Total manufacturing costs $141,400

Add: Beginning work in process inventory $31,000

$172,400

Less: Ending work in process inventory $21,500

Cost of goods manufactured $150,900

($172,400-$21,500)

Therefore The cost of goods manufactured for June was:$150,900

4 0
2 years ago
Presented below are transactions related to Novak Corp.
bearhunter [10]

Answer:

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2) December 8, 202x, sales allowance granted to Sarasota Corp.

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6 0
3 years ago
Valuetronics, an electronics company, is currently in the preproduction stage of launching one of its new stereo systems. In ord
Katyanochek1 [597]

Answer: Computer aided engineering(CAE) systems.

Explanation:

Computer aided engineering involves making use of computer softwares that aids production. The computer aided engineering software is used to design how product could look like, simulate the product on a computer system to determine the product's possible performance and to ensure the desired standard is met, before the design can then be used to carry out production. Computer aided engineering is commonly applied in automobile production and large buildings construction.

4 0
3 years ago
What is the difference between patronizing your favorite store and patronizing your little brother?
Ugo [173]
Patronizing a store means helping it buy going there often, and basically buying things often and consequently giving it money.. 

Patronizing a little brother means behaving condescendingly towards, a kind of master-slave relationship... One should never do that... 


3 0
3 years ago
Read 2 more answers
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Nikolay [14]

Answer:

Test answer

Explanation:

Please delete that answer

5 0
3 years ago
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