Answer:
False
Explanation:
The invisible hand is a concept which was presented by Adam Smith in 1759. According to the concept, market forces were referred to as the invisible hand, which helps to move the free market economy. The market forces interact with each other to bring the market back to equilibrium. The general idea was these invisible forces can bring the market back to equilibrium without government intervention.
Answer:
Agriculture communications professionals need to have the same basic background on marketing, covering areas such as market research, product research, and market communication.
However, they will also need to have an agriculture-related background, because they need to understand the dynamics of the agriculture business, from farm issues, to the kind of crops or produce that they can buy or sell in a specific area, to even agricultural policy.
The break-even point is three units if the fixed costs of a new jet ski are $24,000, the sales price is $9,000, and the variable cost per unit is $1,000.
Contribution per unit is $9,000 − $1,000 = $8,000. Then we divide the fixed costs by the contribution per unit: $24,000 ÷ $8,000 = 3 units.
The cost of a company expense that remains constant regardless of whether more or fewer goods and services are produced or sold is fixed costs referred to as a fixed cost. Regular outlays like rent, interest break-even point payments, and insurance are examples of fixed costs that aren't directly connected to production.
In general, fixed costs are indirect since they have nothing to do with how a business produces its products or renders its services. Shutdown points are typically used to cut back on fixed costs. These costs are one of two distinct business costs—the other being variable costs—that break-even point combined make up their overall costs.
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Answer:
Welll if your doing a pres then guys white your name on all the paper and be like i did all the work
D) Rent on the warehouse housing the finished books inventory would be considered manufacturing overhead costs for all of the following.
<h3><u>What are </u><u>
overhead costs?</u></h3>
The expenditures involved in running a firm that isn't related to developing or manufacturing a good or service are known as overhead costs, often known as overhead or operating expenses. They are the costs a business must pay to remain open, regardless of how successful it is.
All expenses on the income statement of the business that aren't directly connected to producing, marketing, or selling a product or offering a service are referred to as overhead costs.
Because they are directly associated with the goods produced, potter's clay and a potting wheel are not considered overhead expenses. Because the potter must pay rent whether she is producing goods or not, the rent for the space where she works is an overhead expense.
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