Answer: d.) profits were zero and its economic losses were $500,000.
Explanation:
Answer:
FALSE
Explanation.
Periodic inventory is a practice of inventory count that takes stock every week or month while 'continuous inventory' constantly tracks inventory levels mostly through a computerized method so that stock levels. are always known.
It is not very correct that the continuous review system is used to manage inventory associated with independent demand, while the periodic review system is used to manage inventory associated with dependent demand because most often, it is the nature of inventory that determines the method to be used and not the type of demand
Continuous inventory keeps a constant track of quantities; and is more appropriate for small unit items that could be too numerous for physical count because they are bought in large quantities. e.g. supermarkets
Periodic inventory has to be done with big items that are not too numerous like automobiles, televisions, houses and sets of furniture.
Answer: 2 3 5 7
Explanation:
This is the answer that i got
The correct answer is that firms with market power will produce less and charge a higher price than what would be socially optimal.
Answer:
<em><u>Seasonal vegetables are those vegetables that can not adjust all kind of temperatures.</u></em> The seasonal vegetables are grown in the natural cycle of seasons when they are most suitable. For example, cauliflower only grows in winter season.
