The periods of time to undertake goals can be:

In a perfectly competitive industry, influence over price is exerted by

tigry1 [53]

Answer:

(C) the forces of supply and demand

Explanation:

In a perfectly competitive industry, no single buyer nor seller will be able to influence prices thus marking the forces of demand and supply (the invisible hand) the determinant of pricing. Each buyer or seller will only account for a minute portion of total demand and supply thus making their influence of market price insignificant.

Options (A), (B) and (D) are incorrect as the largest firms, individual sellers and individual buyers do not influence pricing over price in a perfectly competitive market.

8 0

3 years ago

When McDonald's and other fast food restaurants offer "value menu" items at surprisingly low prices, they are most likely using

photoshop1234 [79]

Answer:

Good value, is the right answer.

Explanation:

The given blank will be filled by “good value” because when a restaurant charges or offer a value menu it means that it is just making a minimum profit in order to attract the customers. However, charging a lower price which makes minimum profit results in the good value pricing process. Additionally, good value pricing is a technique to increase their sales.

7 0

3 years ago

PLEASE HELP WILL GIVE BRAINLY!!!!!!!!!!!!!!!!!!

pav-90 [236]

Answer:

Hola Amigo! Here's ur answer :D

Explanation:

The equilibrium price is the only price where the desires of consumers and the desires of producers agree—that is, where the amount of the product that consumers want to buy (quantity demanded) is equal to the amount producers want to sell (quantity supplied).

Happy to Help!

3 0

3 years ago

Vaughn Corporation had 303,000 shares of common stock outstanding on January 1, 2017. On May 1, Vaughn issued 31,200 shares.

Helga [31]

Answer and Explanation:

The computation of the weighted-average number of shares outstanding in each cases is as follows:

a. At the time when the shares are issued at cash

= (303,000 × 12 ÷ 12) + (31,200 × 8 ÷ 12)

= 303,000 + 20,800

= 323,800 shares

b. At the time when the shares are issued in the stock dividend

= (303,000 × 12 ÷ 12) + (29,700 × 12 ÷ 12)

= 303,000 + 29,700

= 332,700 shares

4 0

3 years ago

Laval produces lamps and home lighting fixtures. Its most popular product is a brushed aluminum desk lamp. This lamp is made fro

il63 [147K]

Answer:

Determine the plantwide overhead rate for Laval using direct labor hours as a base.

1. Estimated overhead costs $800,000 $1.60 per direct labor hour

Estimated direct labor hours 500,000

2. Determine the total manufacturing cost per unit for the aluminum desk lamp using the plantwide overhead rate.

Direct Labor - Assembly $188,500

Direct Labor - Fabricating 395,200

Direct materials 270,000

Overhead 34,720

Total manufacturing costs 888,420

Units produced 22000

Manufacturing cost per unit 40.38

3. Compute departmental overhead rates based on machine hours in the fabricating department and direct labor hours in the assembly department.

Departmental overhead rate

Fabricating 390000/152000 = 2.57 MH

Assembly 410000/290000 = 1.41 DLH

4. Use departmental overhead rates from requirement 3 to determine the total manufacturing cost per unit for the aluminum desk lamps.

Direct materials 270000

Direct labor

Fabricating 188500

Assembly 395200

583700

0

Overhead

Fabricating (15000*2.57) 38550

Assembly (15200*1.41) 21432

59982

0

Total manufacturing cost 913682

Units produced 22000

Manufacturing cost per unit 41.53 per unit

8 0

3 years ago