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grin007 [14]
3 years ago
8

Suppliers produce two goods, cheese and butter. Assume that there is no cost to switch resources from cheese production to butte

r production and vice versa. Suppose the demand for butter increases. What do we expect to happen to the equilibrium in the market for cheese?
Business
1 answer:
zhannawk [14.2K]3 years ago
5 0
Im not sure, but i think the price will go up and the quantity will drop.
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The risk management approach consists of three stages. Which of these is not a stage identified in the ITIL guidance? Choose the
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Answer:

The correct answer is c. Calibrate risks .

Explanation:

Risk management is the process of planning, organization, management and control of the human and material resources of an organization, in order to minimize or exploit the risks and uncertainties of the organization.

Uncertainties represent risks and opportunities with the potential to destroy or create value. The company's risk management allows managers to effectively address uncertainties as well as the risks and opportunities associated with them, in order to improve the ability to generate value.

Value is maximized when the organization establishes strategies and objectives to achieve the ideal balance between growth objectives, return on investment and the risks associated with them, and to explore its resources effectively and efficiently in achieving the organization's objectives. .

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3 years ago
A revenue account is increased by debits. is decreased by credits. has a normal balance of a debit. is increased by credits.
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Answer: is increased by credits

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Revenue accounts are increased by credits because they are an equity account and equity accounts increase by credit. This is because the corresponding entry would be an asset such as cash and as the asset has to increase by being debited, revenue must be increased by credit.

Other accounts that are increased by credit include liabilities. Accounts that increase by debits apart from assets include purchases and expenses.

5 0
3 years ago
Gell Corporation manufactures computers. Assume that Gell​:
kkurt [141]

Answer:

$83,000

Explanation:

The computation of the actual manufacturing overhead cost is shown below:

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Only these five items would be considered as a actual manufacturing cost. The rest of the items would be ignored

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Competitive advantage refers to:
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d. refers to how a firm does something unique to create added value.

Explanation:

The competitive advantage is the advantage that is gained by the company over its competitors. It can be gained through various things like - reasonable product, best quality, and quantity, great services through which the customers of competitors could be the shift to the company.

The motive of this is to create some value added to the company products by considering the innovative ideas to attract the customers and maximize customer satisfaction that results to accomplish the company goals and objectives.

7 0
3 years ago
Donna entered into an oral contract with Ava to purchase a house from Ava, with $500 per month payments for the next 10 years. D
Crank

Answer:

Oral contracts regarding the sale of real property are enforceable under the Statute of Frauds.

Explanation:

Another thing that supports Donna's case is that she spent money, time and possibly others resources remodeling the house because she relied on the validity of the oral contract.

4 0
3 years ago
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