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Aliun [14]
3 years ago
5

Indicate whether the situation below will lead to a surplus, shortage, or neither.

Business
1 answer:
Masteriza [31]3 years ago
4 0

If the price of a product falls to what is considered a bargain price, a shortage would occur.

A shortage occurs when the quantity demanded exceeds the quantity supplied. A shortage occurs when price is below the equilibrium price.

A surplus is when the quantity supplied exceeds the quantity demanded. A surplus occurs when price is above the equilibrium price.

When the price of a good falls to what is considered a bargain price by consumers, it means that the price of the good is below the equilibrium price.

When the price of a good is below equilibrium, quantity supplied would fall and the quantity demanded would exceed supply. As a result, there would be a shortage.

To learn more about shortage, please check: brainly.com/question/16137233?referrer=searchResults

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Based upon Booked Orders and Sales Predictions, the expected finished goods requirements is 550 units over the planning period.
BARSIC [14]

Answer: 0 units

Explanation:

Future Planned Production Orders = Expected goods requirement - Finished goods in inventory - Schedule production

= 550 - 450 - 150

= -50 units

Include no units because the finished goods and the scheduled production make up the requirement for the period.

5 0
3 years ago
For the current year ended October 31, Friedman Company expects fixed costs of $14,300,000, a unit variable cost of $250, and a
Nana76 [90]

Explanation:

Breakeven=fixed cost/selling price - variable cost

so 14,300000/380-250

14,300000/130 = 110,000 units to be able to make break even

5 0
4 years ago
A good rule of thumb is to limit consumer credit payments to ____________ percent of your net monthly income.
frutty [35]
<span>A good rule of thumb is to limit consumer credit payments to 20% percent of your net monthly income.</span>
6 0
3 years ago
The Lotus Point Condo Project will contain both homes and apartments. The site can accommodateup to 10,000 dwelling units. The p
Pavel [41]

Answer:

2,500 apartment and 7,500 house building the marina complex. This will provide the maximum yield.

Explanation:

Apartment Inflow PV 48,000

Home Inflow PV 46,000

Cost (for any) 40,000

Apartment NPV 48,000 - 40,000 = 8,000

Home NPV 46,000 - 40,000 = 6,000

As the house yield a lower profit it be better to keep the relationship at 1:3

As going above will decrease the profit

being 10,000 and a ratio of 1:3

we get that 10,000 x 1/4  = 2,500 apartment

and 10,000 x 3/4= 7,500 house

<em><u>total profit:</u></em>

2,500 x 8,000 + 7,500 x 6,000 - 1,200,000 = 5,300,000

If we build the swimming-tennis complex then we would build only apartment as they provide the max profit and there is no house quantity requirement:

<em><u>total profit</u></em>

10,000 x 8,000 - 2,800,000 = 5,200,000

The marina complex option yield the best result

6 0
3 years ago
Heller Company offers an unconditional return policy to its customers. During the current period, the company records total sale
Evgen [1.6K]

Answer:

A. $816,000

Explanation:

The formula to compute the net sales is shown below:

= Total sales - sales returned

where,

Sales returned = Total sales × sales return percentage

                        = $850,000 × 4%

                        = $34,000

And, the total sales is $850,000

Now put these values to the above formula  

So, the value would equal to

= $850,000 - $34,000

= $816,000

5 0
3 years ago
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