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Dafna11 [192]
2 years ago
11

16) When supply is fixed or the product is unique, then price is A) supply determined. B) demand determined. C) government deter

mined. D) indeterminate.
Business
1 answer:
Rudiy272 years ago
3 0

Answer: B) demand determined.

Explanation:

If the supply of a good is fixed or the product is of a unique kind, the price of the good will be determined by the amount of demand for it.

Normally supply can change based on the quantity demanded which will impact prices but if the supply is definite, this means that the supply curve is inelastic and the only curve that can affect price therefore is the demand curve.

If more people demand the good, it will increase in price and if less people demand it, it will fall in price.

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Answer:

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2)

direct labor price variance = actual hours x (actual rate - standard rate)

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4 0
2 years ago
What is the answer I chose the one I thought was the answer
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Answer: I think that ones the answer too

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2 years ago
A property is being appraised using the income capitalization approach. Annually, it has an estimated gross income of $48,000, v
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Answer:

$368,000

Explanation:

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