Answer:
High
Explanation:
When the number of customer willing to buy increases, the demand for that product also rise. According to the law of supply and demand, an increase in demand without a subsequent increase in supply results in an increase in the buying price.
An increase in the number of buyers increases competition for the few available goods. Sellers will take advantage of high demand and increase prices to make more profits. Therefore, when there more people willing to buy a product, its price tends to increase.
It’s C. because it’s true
To solve: add up all in the labor costs and then divide by the number of units produced to get the per unit cost of the labor.
<span>Direct materials = $4,400
Direct labor = $5,600
Factory overhead = $2,400
Units produced = 1,000
Per unit cost = ($4,400 + $5,600 + $2,400)/1,000
Per unit cost = $12,400/1,000
Per unit cost = $12.40</span>
Answer:
Seamounts
Explanation:
According to my research on studies conducted by various geologists, I can say that based on the information provided within the question the term being described are called Seamounts. This term (like mentioned in the question) are underwater mountains that rise hundreds or thousands of feet from the seafloor. They are believed to be extinct volcanoes that created piles of lava when they were active.
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