Answer:
The correct answer is True
Explanation:
In calculating the equivalent units with respect to labor,the physical units at the start of the period is multiplied by the percentage of completion.
In other words, the equivalent units is shown thus:
Equivalent units =100000 units*20%
Equivalent units =20000 units
This implies that labor has carried out 20% of the work required to transform the 100000 units into finished products,since only 20% work is completed, the remaining 80% is expected in the next period.
Answer:
Decrease in equilibrium quantity
Increase in equilibrium price.
Explanation:
Because the demand is downward sloping, an increase in price will lead to decrease in quantity demanded and vice-versa.
Here, there is a decrease in supply with no change to demand, this will lead to scarcity of the product and very soon scarcity will drive the price of the product high and because the demand is downward sloping, quantity demanded will drop
So the situation in the question above will lead to a decrease in equilibrium quantity and an increase in equilibrium price.
Answer:
This statement is "TRUE".
Explanation:
In this business model the cab drivers are dealing directly with the company itself hence eliminating the middlemen which use to take their cut previously.
Answer:
An app on their phone if I had a guess. Or, they didn't use a smart device and they did those things.
Answer:
Introducing its online store on a country-by-country basis is a good idea from the viewpoint of market analysis.