Answer:
shows how much buyers are willing and able to buy at different prices
Explanation:
A demand curve is a graphical representation of the law of demand. The curve demonstrates the relationships between the demand for a product and its price. A demand curve slopes downwards. It shows how the quantity demanded varies with changes in prices.
As per the laws of demand, there is an indirect relationship between price and quantity demand. A rise in demand causes a decline in demand. On the demand curve, the Y-axis has prices, while the X-axis shows quantity. As the demand curve is downward sloping, changes in price cause movement along the demand curve. High prices will lead to low demand. The demand curve shows the level of quantity demanded at different prices.
Answer:
The answer is EQUIVALENT UNITS (not included as an option).
Explanation:
Equivalent units are the complete units that could have been produced or manufactured during a period of time given the amount of manufacturing inputs (materials, labor) used.
For example, we have 100 nits that are 40% completed in relation to direct labor and direct materials, we could say that we have 40 equivalent units.
<span>Marketers utilize digital media to improve business by (1) appealing to the millenial age of connecting in different social media sites (twitter, facebook, instagram, etc.); (2) active emailing and connecting to more formal platforms such as websites. Thru this, business is more spread to the community.</span>
Answer:
1. D
2. B
3. G
4. A
5. C
6. E
7. F
Explanation:
1. Notifies the materials manager to send materials to a production department: Materials requisition.
2. Holds costs of indirect materials, indirect labor, and similar costs until assigned to production: Factory overhead account.
3. Holds costs of direct materials, direct labor, and applied overhead until products are transferred from production to finished goods (or another department): Work in the process inventory account.
4. Standardizes partially completed units into equivalent completed units: Equivalent units of production.
5. Holds costs of finished products until sold to customers: Finished goods inventory account.
6. Describes the activity and output of a production department for a period: Process cost summary.
7. Holds costs of materials until they are used in production or as factor overhead: Raw materials inventory account.
