Answer:
A factor in supply elasticity is production difficulty
Explanation:
The quantitative relation between price of products and its commodity is established by the elasticity of supply. The longer the time period that an organization is allowed to adjust its production targets, the more the supply price becomes elastic. Availability of resources is one of the factor, because the resource will become increasing expensive which consequently increase the price of the products and its production.
Answer:
False
Explanation:
What is a transportation company called?
- Courier companies are usually spin-offs from freight forwarders.
- There are various types of courier companies, such as airfreight courier companies or road couriers.
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Answer:
Define the problem.
List the alternatives.
Select the criteria.
Evaluate the alternatives.
Make a decision.
Explanation:
Answer:
- Direct materials cost per equivalent unit: $196 per ton
- Conversion cost per equivalent unit: $57 per ton
Explanation:
Direct material cost per equivalent unit = Cost of direct materials transferred in/ Equivalent units for direct materials
= 588,000/3,000
= $196 per ton
Conversion Cost per equivalent unit = Conversion cost for the period / Conversion cost per equivalent
= 296,400/5,200
= $57 per ton
Answer:
A business management degree focuses more on planning and organizing, whereas a degree in business administration provides a broad background and then allows the student to focus on a specialized area of business
Explanation:
Business administration (also known as business management) is the administration of a business. It includes all aspects of overseeing and supervising business operations. From the point of view of management and leadership, it also covers fields that include accounting, finance, project management and marketing.
