Good internal control dictates that each employee should oversee only part of a transaction true or false

Which of the following will NOT cause a shift in the demand curve for good X?

sammy [17]

Answer:

A. A change in the price of good X.

Explanation:

A demand curve plots price against quantity demanded. A change in price causes a movement along the demand curve according to the law of demand which says an increase in price leads to a reduction in quantity demanded and a fall in price leads to a rise in quantity demanded.

If the price of a complementary good increases, the demand for good x would fall and the demand curve would shift leftwards.

If income increases, and good x is a normal good, the demand curve would shift to the right.

If a change in taste and preference is in favour for good x, more of good x would be demanded and the demand curve would shift to the right.

I hope my answer helps.

4 0

3 years ago

A form of economic organization that relies primarily on private ownership of productive assets, freedom of exchange, and market

Sedaia [141]

capitalism.

<h3>Describe capitalism?</h3>

Capitalism is an economic system that relies on private ownership of the means of production and their commercial application. Key components of capitalism include capital accumulation, competitive markets, the pricing structure, private property, the recognition of property rights, voluntary exchange, and wage labor.

<h3>An economic system is what?</h3>

A government or community can utilize an economic system as a tool to plan and distribute resources, services, and products across a region or country. Economic systems are in charge of the production factors like labor and capital.

<h3>What exactly does a "pure market economy" entail?</h3>

Government does not significantly interfere in important economic areas and has minimal control over resources. The sources of regulation, on the other hand, are the law of supply and demand and human conduct. Most of what we know about the market economy comes from theory. There isn't a true pure market system, to put it another way.

Learn more about economic system:

brainly.com/question/26270383

#SPJ4

4 0

2 years ago

The b2b market includes:____.

Nikolay [14]

Manufacturers and governmental organizations are included in the b2b market.

<h3>What does "B2B marketing" mean?</h3>

Marketing to businesses: Business-to-business marketing, as its name suggests, refers to the promotion of goods and services to other corporations and enterprises. It differs significantly from B2C marketing, which is focused on customers, in a number of important ways.

It refers to any marketing tactic or piece of material used by one company to promote to and sell to another company. For instance, B2B marketing is frequently used by businesses that sell goods, services, or SaaS to other businesses or organizations. The LinkedIn B2B brand strategy for Monday.com is a fantastic illustration of B2B marketing.

Business-to-business marketing is referred to as B2B marketing. In contrast to B2C (business-to-consumer) marketing, this type of advertising involves the producer generating demand among other companies and organizations. B2B marketers target groups of customers at ideal accounts rather than single consumers.

To learn more about b2b market, refer to:

brainly.com/question/27247468

#SPJ4

3 0

2 years ago

For the coming year, Loudermilk Inc. anticipates fixed costs of $600,000, a unit variable cost of $75, and a unit selling price

Shtirlitz [24]

Answer:

a) 4.800 units: Operational loss area (L)

12,000: Break even point (BEP)

$1,500,000: BEP

20,000 units: Operational profit area (P). Also, the maximum amount of units.

$2,500,000: Operational profit area (P). Also, the maximum amount of sales.

b) BEP: 12,000 units or $1,500,000 in sales.

Explanation:

The graph is divided in two sections:

1 - The operational loss area (L)

2 - The operational profit area (P)

The interface between both regions is the breakeven point.

a) 4.800 units: Operational loss area (L)

12,000: Break even point (BEP)

$1,500,000: BEP

20,000 units: Operational profit area (P). Also, the maximum amount of units.

$2,500,000: Operational profit area (P). Also, the maximum amount of sales.

b) The breakeven point is where sales equal total cost (or the level at which profits are zero). This breakeven point (BEP) is at 12,000 units:

$BEP=\frac{FC}{price-VC} =\frac{600,000}{125-75}=\frac{600,000}{50}=12,000$

This corresponds to $1,500,000 in sales.

$S_{BEP}=125*12,000=1,500,000$

7 0

3 years ago

Goldfarb Company manufactures and sells toasters. Each toaster sells for $23.55 and the variable cost per unit is $16.15. Goldfa

IRINA_888 [86]

The contribution margin per unit is $7.4.

<h3>What is the contribution margin?</h3>

The contribution margin is the percentage of a product's sales revenue that isn't consumed by variable costs and goes toward paying the firm's fixed expenses.

One of the main components of break-even analysis is the idea of contribution margin.

Labor-intensive businesses with limited fixed expenses typically have low contribution margins, whereas capital-intensive, industrial corporations typically have high contribution margins.

Contribution margin per unit = Revenue per Unit ₋ Variable Expenses per Unit.

Contribution margin per unit = $23.55 ₋ $16.15

Contribution margin per unit = $7.4

Therefore, the contribution margin per unit is $7.4.

To know more about contribution margin refer to: brainly.com/question/14950546

#SPJ4

6 0

2 years ago