Answer:
<u> an effective price ceiling set below equilibrium causing shortage. </u>
<u>Explanation:</u>
Note that in the graph the green line indicates a price ceiling or benchmark that is lower (below) the equilibrium.
Remember, the shortage was due to the fact the companies (suppliers) reduced their supply following the normal law of supply, which results in desperate demand for the only available products.
Answer:
Early Majority
Explanation:
Early Majority -
It consists of around 34% of the total population, these are the type of people, who adapts to a innovative goods or services after some varying degree of time , is referred to as the Early Majority .
They take the time period to get their hands on the new stuff is much longer time in comparison to the early adopters and innovators .
As these people smartly goes through the complete analysis of the product , all the review and wait for the price to get down and buys on the best price .
Hence, from the given scenario of the question ,
The correct answer is Early majority.
Answer:
$16,159
Explanation:
The computation of the total cost is shown below:
= Direct material cost + Direct labor cost incurred + overhead cost
= Direct materials + Direct Labor hours incurred to complete × hourly wage rate + Direct Labor hours incurred to complete × Predetermined Overhead Rate
= $1,393 + 138 hours × $25 + 138 hours × $82
= $1,393 + $3,450 + $11,316
= $16,159
Answer:
the study of how people and organizations construct and develop legal agreements. It analyzes how parties with conflicting interests build formal and informal contracts, even tenancy.
A) a motive is a reason you do something. In business it'd be, for example, profit motive. Your motive is the amount in the profit
