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Slav-nsk [51]
2 years ago
13

An important assumption that is made when constructing a supply schedule is only price and quantity matter in determining supply

. supply is too important to be left to the marketplace. demand has a positive slope. firms always want to sell a certain amount of a product. all other determinants of supply are held constant.
Business
1 answer:
sergey [27]2 years ago
8 0

Answer:

only price and quantity matter in determining supply

all other determinants of supply are held constant

Explanation:

At the time of constructing the supply schedule, only price and quantity should be considered and other factors should remain the same because the factors that impacts the supply other than the price so it shifted the supply curve but when only the price changed so there should be the movement also law of supply represent the direct relationship between tfhe price and the supply

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The McKnight Company expects sales in 2015 of 208 comma 000 units of serving trays. McKnight​'s beginning inventory for 2015 is
WARRIOR [948]

Answer:

units required to be produced 217,000

Explanation:

expected sales for the period  208,000

desired ending inventory       <u>     27,000    </u>

total units required                    235,000

beginning units                       <u>    ( 18,000 )  </u>

units required to be produced 217,000

The company needs units to fullfil teir sales bdget and desired ending invenoty.

the beginning inventory already complete a portion of the requirement so is the difference what determinates the required units to be produced.

6 0
3 years ago
Uchimura Corporation has two divisions: the AFE Division and the GBI Division. The corporation's net operating income is $12,300
Tom [10]

Answer:

$120,500

Explanation:

Uchimura Corporation

Total Company

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($84,100 + $48,700)

Less common fixed costs not traceable to the individual divisions X

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Hence:

Common fixed costs not traceable to the individual divisions= $132,800 − $12,300

= $120,500

Therefore the amount of the common fixed expense not traceable to the individual divisions will be $120,500

3 0
3 years ago
The Flapjack Corporation had 8,200 actual direct labor hours at an actual rate of $12.40 per hour. Original
mariarad [96]

Answer:

Option (C) is correct.

Explanation:

Given that,

Actual direct labor hours = 8,200

Actual rate = $12.40 per hour

Original  production = 1,100 units

Actual units produced = 1,000

Labor  standards = 7.6 hours per completed unit

standard rate = $13.00 per hour

Labor time variance:

= (Standard hours - Actual hours) × Standard rate

= (1,000 × 7.6 - 8,200) × $13

= 7,800 Unfavorable

3 0
3 years ago
Draw five sector of macroeconomic model​
solong [7]

Answer:

Here's my Macroeconomic model.

Explanation:

Thus, the five-sector model includes (1) households, (2) firms, (3) government, (4) the rest of the world, and (5) the financial sector. The financial sector includes banks and non-bank intermediaries that engage in borrowing (savings from households) and lending (investments in firms).

8 0
3 years ago
Which type of business is likely to have purchasing activities related primarily to consumable goods rather than products that w
lilavasa [31]

Answer:

service-oriented business

Explanation:

Ape.x verified

5 0
3 years ago
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