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Vinil7 [7]
3 years ago
11

Suppose Kate lives in a community with no price controls. What could happen if her town borders a community where there is a non

binding price ceiling on most products
Business
1 answer:
DochEvi [55]3 years ago
8 0

Answer: The price and the quantity sold in the community without a nonbinding price ceiling will be the same as the price and quantity in the community with a nonbinding

Explanation:

The price and the quantity sold in the community without a nonbinding price ceiling will be the same as the price and quantity in the community with a nonbinding

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Suppose Frank owns a vintage Porsche in mint condition. He agrees to sell it to Smith, but the night before the parties are to e
Korvikt [17]

Answer:

This is a situation arising from objective impossibility.

Explanation:

The contract was made for mint condition of car. The car damaged while it was with Frank. Thus, parties are thus discharged from their obligations under the contract.

6 0
3 years ago
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A current emphasis in supply chain management is to make the process of ordering as simple as possible, often through electronic
Valentin [98]

Answer:

The correct answer is a. quick response and efficient consumer response delivery systems .

Explanation:

Rapid response systems, as the name implies, seeks to simplify the order process by making it as simple and fast as possible. This is of great importance to large store buyers who handle large volumes of inventory and require a quick response on availability and the time it would take for a new order to arrive to fill their shelves. Technology is important in this process because of its ability to generate data instantly, and because the transmission of information is done just a click away.

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3 years ago
Strategic management is about formulating strategies that align an organizations internal capabilities with external opportuniti
dexar [7]

Answer:

Mark Parker has been very effective as a strategist for the following reasons:

Explanation:

  1. He has been able to keep Nike's brand equity.
  2. His policies on HR has generated an effect which translated to increased motivation for his employees to commit to the attainment of the company's objectives
  3. A strategist must be able to make plans and execute them. Nike's strategy is a customer-centric one. Mark was able to, regardless of the economy, ensure that Nike's products were consumer-centric and that the business units in charge of each aspect of Nike's operations were able to deliver their best.

Cheers!

7 0
3 years ago
* Distinguish between Accounts Receivable and<br> Account Payable.
geniusboy [140]

Explanation:

Accounts receivable is money owed to a company by its debtors.

Account payable amounts due to vendors or suppliers for goods or services received that have not been yet paid for.

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An activity-based costing system is developed in four steps: a. Compute the predetermined overhead allocation rate for each acti
Andru [333]
<h3>Hello there!</h3>

Your question asks what order does a activity-based costing system work by.

<h3>Answer: b, c, a, d</h3>

The order:

1. b). Identify activities and estimate their total indirect costs.

2. c). Identify the allocation base for each activity and estimate the total quantity of each allocation base.

3. a). Compute the predetermined overhead allocation rate for each activity.

4. d). Allocate indirect costs to the cost object.

The reason why the answer choice "b, c, a, d" is the correct answer because that's the correct order for the activity-based costing system.

The activity-based costing system first identifies the activities that are going on and find the indirect cost, then identifies the allocation base for the activities that are occurring to find the quantity of the allocation base, then solve the pre-determined rate of allocation for each activity, and finally get the indirect cost for the object.

<h3>I hope this helps!</h3><h3>Best regards,</h3><h3>MasterInvestor</h3>
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