Answer:
a. They must be an integral part of the finished product and be a significant portion of the total product cost.
Explanation:
The Direct material is supply which is consumed during the production of a product. The direct material should be an integral part in the finished good. Consumables are not direct material. To become direct material the raw supplies should be a significant portion of the total cost. There is no direct material in a service business. The finished product should contain the direct material and the material must be an integral part of the final product.
Answer:
Rises
Rises
Explanation:
If the demand for a good rises more than the fall in supply, both equilibrium price and quantity would increase.
Refer to the attached image for a graphical explanation.
I hope my answer helps you
Answer:
MedBit Inc. is a joint venture company.
Explanation:
A joint venture is an entity established by two or more existing entities for a purpose.
Medzone Inc. and Bit Corp will jointly share from the business outcomes of this third entity, which is legally separate from the two.
Reasons for forming joint venture companies include to combine expertise, reduce costs, and leverage resources. Medzone Inc. and Bit Corp must have considered these advantages in setting up MedBit Inc.
The purpose of all ventures is the creation of value for stakeholders. Where two or more entities consider that they can achieve more value creation, they can come together to do so.
<span>The 646 percent growth in women in prison is significant compared to 419 growth in males that are incarcerated. Approximately 1 in 14 prisoners are female. The reasons range from petty crimes to capital murder. The lack of resources of single females may be leading to the drastic rise in percentage of women incarcerated.</span>
