2. Grocers Absorb Rise in Food Prices to Keep Customers From Straying Dec. 17, 2017 7:00 a.m.

Asian Lamp Company manufactures lamps. The estimated number of lamp sales for the last three months for the current year are as

timofeeve [1]

Answer:

Asian Lamp Company

In going from the sales budget to the production budget, adjustments to the sales budget need to be made for

b. finished goods inventories.

Explanation:

a) Data and Calculations:

Sales Budget October November December January

Ending inventory 3,500 3,250 4,000

Estimated sales units 10,000 14,000 13,000 16,000

Units available for sale 13,500 17,250 17,000

Beginning inventory 3,000 3,500 3,250 4,000

Production units 10,500 13,750 13,750

5 0

3 years ago

____ involves completely disclosing to participants the goals and procedures involved in the study and obtaining their agreement

pychu [463]

Answer: The correct answer is OBTAINING INFORMED CONSENT.

Explanation: TIPS: In obtaining informed consent, participants are fully informed of the subject about his or her rights, the aim of the study, the procedures to be undertaken, the pros and cons of their participation, length of time of the study.

This is to ensure that the participation of subjects in the study is entirely voluntary and decision is not influenced.

4 0

4 years ago

Choose the correct statement.

AfilCa [17]

Answer:

D. The outlet substitution bias injects an upward bias into the CPI

Explanation:

4 0

3 years ago

A firm sells a product in a purely competitive market. The marginal cost of the product at the current output is $5.00 and the m

Rufina [12.5K]

Shut down, if the minimum possible average variable cost is $5

In the purely competitive market majority of the producers is price taker as there are many sellers of the same homogenous product. When in the situation of Marginal Cost (MC) of product at the current rate of production is equal to the market price. This shows that the firm isn’t in profit, it is selling at which they are producing. So, the Average Variable Cost AVC of product at this level indicates the shutdown of the firm production.

For the questions related to the competitive Market visit the link:

brainly.com/question/15410678

#SPJ4

5 0

2 years ago

Which of the following statements is false? Marginal cost will equal average total cost when average total cost is at its lowest

andrew11 [14]

Answer:

Marginal cost will equal average total cost when marginal cost is at its lowest point.

Explanation:

The marginal cost curve always intersects the average total cost curve at its lowest point because the marginal cost of making the next unit of output will always affect the average total cost. As a result, so long as marginal cost is less than average total cost, average total cost will fall.

When marginal cost is below average total cost, average total cost will be falling, and when marginal cost is above average total cost, average total cost will be rising. A further m is most productively efficient at the lowest average total cost, which is also where average total cost (ATC) = marginal cost (MC).

6 0

4 years ago

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