Answer:
Equilibrium price = $6
Total quantity in the market would be > 400 units ( unchanged )
Explanation:
Applying small=country model
world price of product = $6
import quota = 400 units
The Equilibrium price in Marketopia would be $6 and the total quantity available in Marketopia would > 400 units
This is because in a small country assumption model, the total imports made by any country is insignificant to the Total quantity of the products available in the market therefore it has no effect on the price of the products even if when the imports are stopped by the country
Answer:
A Debit to manufacturing overhead for $9,000
Explanation:
Based on the information given in a situation where the Corporation recently used the amount of $9,000 of indirect materials during the production activities which means that The journal entries that will reflect these transactions would include a DEBIT to MANUFACTURING OVERHEAD of the amount of $9,000 which is the amount of indirect materials that was used during the production activities
A debit to manufacturing overhead for $9,000
<span>creating an inventory of data contained in the database.</span>
Marketers must weigh carefully the costs of additional information against the benefit resulting from it.
What are marketers?
A marketer is a person who advertises an organization's products and services. They identify the tactics that can increase sales and revenue while making sure that these tactics are in line with consumer demands and market demands.
Therefore,
Marketers must weigh carefully the costs of additional information against the benefit resulting from it.
To learn more about Marketers from the given link:
brainly.com/question/25369230
Answer:
$441,000
Explanation:
The computation of the cost of merchandise sold is shown below:
Cost of merchandise sold = Opening inventory + net purchase - ending inventory
where,
Opening inventory = $14,500
Net purchase is
= $475,000 - $15,000 - $9,000 + $7,000
= $458,000
And, the ending inventory is $31,500
So, the cost of merchandise sold is
= $14,500 + $458,000 - $31,500
= $441,000
