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Andrew [12]
3 years ago
6

Nakawé, LLC produces and sells greeting cards in a competitive market. The total cost of producing 1000

Business
1 answer:
Nikolay [14]3 years ago
4 0

Answer:

Nakawé, LLC produces and sells greeting cards in a competitive market. The total cost of producing 1000

greeting cards is $4000. The price of a greeting card is $4.

What is this firm's economic profit (or loss)?

Explanation:

or loss

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The price at which a stock can be sold depends upon a number of factors. Which statement below is notone of those factors?
Juli2301 [7.4K]

Answer:

The answer is C. How high the par value

Explanation:

Par value is sometimes called as the nominal value or face value. What it means is that it is the value given through an initial valuation and the Par value is not set by the "supply and demand" in the market. Because of this, It has a very little impact on the market price of a Share.

However, when it comes to Corporate bonds and fixed-income instruments, par value becomes important as it is considered in calculating the maturity time and the interest rates.

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Financial security begins with adequate insurance protection and a savings program. true or false
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True becuase saving and insurance are safe
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3 years ago
No entries shall be allowed for district meets which are not submitted to the director on or before the ____ day before the firs
butalik [34]

No entries shall be allowed for district meets which are not submitted to the director on or before the fifth day day before the first day of the meet.

<h3>What is director?</h3>

The term director refers to the senior management team of companies and other significant organizations. The phrase is commonly used with two separate meanings, the choice of which is affected by the organization's size and worldwide reach, as well as the historical and geographic context.

The directors are normally in charge of the company's management and have the authority to exercise all of the company's functions. The amount of their jurisdiction, however, may be limited by the Companies Act of 2006 and the articles of association.

A director is defined as someone who supervises a job or project. A department head is an example of a director. A director is someone who is in charge of constructing anything.

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7 0
1 year ago
Cool Sky reports the following costing data on its product for its first year of operations. During this first year, the company
siniylev [52]

Answer:

The Cool Sky product cost per unit is $102.

Explanation:

To determine the product cost per unit using the absorption costing we find the per unit rate for Fixed Overheads for the year as follows,

Total Fixed overheads for the year / Units produced during the year

$528,000 / 44,000 unit = $12 per unit.

Total Cost per unit = Direct Material per unit + Direct labor per unit + Variable overhead per unit + Fixed Overhead per unit.

Total Cost per unit = $60 + $22 + $8 + $12

Total Cost per unit = $102 per unit.

5 0
4 years ago
Suppose that on Valentine's Day, the demand for both roses and greeting cards increases by the same percentage amount. However,
BigorU [14]

Answer:

Based on the information supply of cards is more elastic (price sensitive) than that of roses

Explanation:

Price elasticity of supply is defined as the sensitivity of quantity supplied to changes in price.

The formula is given below

Price elasticity of supply= Change in quantity supplied ÷ Change in price

In this scenario the demand for both roses and cards increases, however the price of roses increases more.

This implies that the denominator in the formula is higher in roses resulting in smaller price elasticity of supply.

The elasticity of supply for cards is higher than that of roses, so it is more sensitive to changes in price.

Cards can be stored from year to year so the labour for maintaining a stock of cards is low with resultant low price.

On the other hand roses require care to grow. It requires watering, application of chemicals to treat infestation and so on. So suppliers tend to push the extra cost of growing roses to the buyers

6 0
3 years ago
Read 2 more answers
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