The cost of estimated accounts receivable that will not be collected is referred to as

Many economists believe that the market for wheat in the United States is an almost perfectly competitive market. If one firm di

kiruha [24]

Answer:

Many economists believe that the market for wheat in the United States is an almost perfectly competitive market. If one firm discovers a technology that makes its wheat taste better and have fewer calories than all other wheat offered in the market, the wheat market would become less competitive because the products would no longer be similar in the wheat market- Option c.

Explanation:

Option c is the correct answer- the products would no longer be similar in the wheat market, the reason being that people with different taste preferences would prefer either of the two kinds of wheat available in the market, therefore making them less concentrated.

3 0

3 years ago

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Which needs to happen to the price indicated by p2 on the graph in order to achieve equilibrium? it needs to be increased. it ne

Juli2301 [7.4K]

The rate suggested via the means of p2 on the graph to gain equilibrium needs to be decreased.

<h3>What is equilibrium?</h3>

Equilibrium is the nation wherein the marketplace delivers and calls for stability from each other, and as a result, costs grow to be stable.

Generally, an over-deliver of products or offerings causes costs to head down, which leads to better call for—while an under-deliver or scarcity of products causes costs to head up, resulting in much less call for.

The balancing impact of delivery and call for outcomes in a nation of equilibrium. The equilibrium rate is the rate at which the delivery of products fits the call for.

When a primary index studies a length of consolidation or sideways momentum, it could be stated that the forces of delivery and call for are tremendously the same and the marketplace is in a state of equilibrium.

So, from the above statement, it is clear that, it needs to be decreased, is the right answer.

Learn more about Equilibrium, refer to:

brainly.com/question/13458865

4 0

2 years ago

For a 12-person team, how many additional employees will need to be hired to meet the labor hours needed without overtime

Snowcat [4.5K]

The additional number of employees needed is 3.

Total labor hours required per week = 600

Available regular hour per person per week = 40

For 12-person team, the total available regular hour = 40*12 = 480 per week.

Additional regular hours required to fulfill the requirement = 600 - 480 = 120 hours per week.

Additional number of employees needed = Additional regular hours required / Regular hour per person per week

Additional number of employees needed = 120/40

Additional number of employees needed = 3

The missing word is <em>"amazon Labor Information -Regular Rate $15.00/hr -Overtime Rate $22.50/hr -Targeted Labor Cost $9,000/wk -Labor Hours Needed 600/wk -Any hour worked over 40 hrs/wk must be paid overtime rate For a 12-person team, how many additic 3 3 15 50 120 750</em>"

See similar solution here

<em>brainly.com/question/11776482</em>

7 0

3 years ago

On January 1, 20X8, Parent Company acquired 90 percent ownership of Subsidiary Corporation, at underlying book value. The fair v

dimulka [17.4K]

Answer:

1. b. $120,000

2. a. $62,000

3. a. $58,000

Explanation:

1. Since the Subsidiary has <u>sold the entire inventory to an unaffiliated company</u> on November 21, 20X8, Then the sales to the group will be the amount at which a third party has bought it which is $120,000

2. Since the Parent had produced the inventory which has now been entirely sold out of the group, for $62,000. then the cost of goods sold to the group is the amount at which the parent produced it.

When the group is being consolidated all inter-company profits and transfer costs are eliminated and ignored to get the true picture of the transactions at arms length.

3. The consolidated amount of net income will be the amount at which the group bought it less the amount at which they sold it which is $120,000 - $62,000 = $58,000

8 0

4 years ago

The high-low method calculates the total fixed cost as the: Group of answer choices

MaRussiya [10]

Answer:

c. difference between total variable costs and total costs at a particular activity level

Explanation:

The high low method consists of calculating costs on the basis of highest & lowest activity & comparing their corresponding total costs.

Variable cost per unit is found by : change in cost divided by the change in activity level for two points

Variable Cost per unit = <u>Highest activity cost - Lowest activity cost </u>

Highest activity units - lowest activity units

Fixed Cost is thereafter calculated by subtracting Total Variable Costs from Total Cost

Fixed Cost = Highest Activity Total Cost - [ (Variable cost per unit) x (highest activity units)

Fixed Cost = Lowest Activity Cost - [ (Variable cost per unit) x (lowest activity units)]

4 0

3 years ago