The longer the time period considered, the more the elasticity of supply tends to INCREASE.
The elasticity of supply refers to the responsiveness of suppliers to the change in price of their products or services. Elasticity of supply is measured as a ratio of proportionate change in quantity supplied to the change in price. Elasticity of supply tends to increase with time.<span />
A cost that would be included in product costs under both
absorption costing
and variable costing is: full costing.
A managerial accounting technique known as "
absorption costing
," also known as "full costing," is used to record all expenses related to producing a specific product. This strategy accounts for both direct and indirect costs, including direct materials, direct labor, rent, and insurance
.
Anything that is a direct cost of creating a good is included in absorption costing's cost base. Fixed overhead costs are included
absorption costing
in the product costs under
absorption costing
as well. Wages paid to workers who physically produce a product, raw materials required in production, and all overhead expenditures (such as all utility bills) incurred
absorption costing
during production are a few of the costs related to product manufacturing
.
Learn more about
absorption costing
on:
brainly.com/question/14347350
#SPJ4
Answer: A. Camry
Explanation:
Toyota's quality problems in the United States were signaled with a recall in late 2009 for problems with floor mats, but they didn't end there. Since then, more than 20 million cars have been recalled
Increasingly, evidence suggests that Toyota's culture—or even the cars it produces—is not the source of the problem. A 2011 report released by the U.S. National Highway Traffic Safety Administration (NHTSA) concluded that unintended acceleration was not caused by problems in the electronic circuitry.
C. prototyping, does it makes sense now.
