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Sedbober [7]
3 years ago
8

A market surplus occurs when: People cannot buy the amount of goods and services that they are willing and able to buy.

Business
1 answer:
Inga [223]3 years ago
3 0

Answer: b. The quantity supplied exceeds the quantity demanded at a given price.

Explanation:

A market surplus is a situation where suppliers have supplied to the market, more goods than the demand can take at a given price.

This will lead to the suppliers having unsold goods and they will respond by reducing their prices so that they may be able to sell because the law of demand shows that when prices reduce for normal goods, quantity demanded increases.

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Liquidity is best defined as the ease of converting an asset into cash. the direct exchange of goods and services for other good
Softa [21]

Answer:

as the ease of converting an asset into cash.

checking account

Explanation:

Liquidity refers to the ease of converting an asset into cash. Cash is the most liquid asset. While assets like real estate are less liquid because it is difficult to convert it to cash as their a lot of processes that must be undertaken before real estate can be converted to cash.

Checking account is the most liquid because it can be easily converted to cash.

4 0
3 years ago
Levine Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product. Direct
raketka [301]

Answer:

Standard material quantity allowed = 270 units × 8 pounds

                                                          = 2,160

Material Price variance = Actual Quantity (Standard price - Actual price)

                                      = 2,100 (3.90 - 4.00)

                                      = 210 Unfavorable

Material Qty variance = Standard price (Standard quantity - Actual quantity)

                                    = 3.90 (2,160 - 2,100 )

                                    = 234 Favorable

Total Material Variance:

= (Standard quantity × Standard price) - (Actual Quantity × Actual price)

= (2,160 × 3.90) - (2,100 × 4)

= 24 Favorable

Labour rate variance = Actual hours (Standard rate - Actual rate)

                                   = 1390(14 -13.80 )

                                   = 278 Favorable

Labor efficiency variance = Standard rate (Standard hours-Actual hours)

                                          = 14 (1350 -1390)

                                          = 560 Unfavorable

Total Labour cost variance:

= (Standard hours × Standard rate) - (Actual Hours  × Actual rate)

= (1350 × 14) - (1390 × 13.80)

= 282 Unfavorable

3 0
3 years ago
Attributes of rigorous research can be shared across subjects of study. For example, Collins and Porras (2002) highlight the imp
Tju [1.3M]

The correct answer to this open question is the following.

Your question is incomplete. Indeed, there is no question at all, just a statement, and it seems that information is needed. For instance, the text for the referral.

Doing some research I can identify the idea of the question and the correct context is the following.

You have to compare two texts. One from an original source and the other, a text was written by a student. The question asked to compare both texts to see if there is plagiarism or not.

So with that in mind, the correct answer is that there is no plagiarism

The student version paraphrases the original idea, explains it in its own terms, and included proper citation of the text from Collons, J.C., & Porras, J.I. (2002) Built to Last: Successful Habits of Visionary Companies."

Plagiarism happens when you write a text that is not yours, or you do not give credit to the author, pretending it was you the one who wrote it. That is why is necessary to include proper citations in different formats to give the credit to the original author, or that you as student use your own words and ideas to make a notorious difference with the original text.

7 0
4 years ago
I Need Help On this Question
harkovskaia [24]
Answer:
i would say B

Explanation:
A product specification is a document with a set of requirements that provides product teams the information they need to build out new features or functionality.

hope this helps!! <3
7 0
3 years ago
Recent regulation such as the Riegle-Neal Act of 1994 has removed some of the federal banking laws that formerly constrained pro
PIT_PIT [208]

Answer:

The correct answer is diversify geographically.

Explanation:

Diversification is one of the strategies most used by companies when it comes to expanding their market horizon. In this sense, diversifying is synonymous with expansion, growth, investment and openness.

In general, companies that are committed to diversification seek new market niches or commercial possibilities. This may be motivated by several reasons, ranging from corporate growth opportunities to the implementation of internal restructuring plans.

7 0
3 years ago
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