Answer:
B) Retail buyers are mainly in charge of planning, selecting, and buying merchandise for retail establishment resale purposes, they select and purchase products sold in retail stores.
Explanation:
a) A free market would allow the laws of demand and supply to flourish; prices of commodities will be set by manufacturers based on demand. However, Government regulations which interfere with the free market is going to result in feeling the pain of monopoly.
b) Indeed, the price mechanism when controlled by the government can result in efficient provision of public goods.
One such example of a public good ls PMS (premium motor spirit) used as petrol in most vehicles. Controlling the price of petrol by the government in most cases helps avoid excessive charges from petrol stations per pump price.
Answer:
b. $98,625.
Explanation:
Maintenance budget : $99,000
Assembly area: 43,000
Painting Area: 29,000
Maintenance budget allocated to assembly (M):
Administration budget : $79,00
Assembly employees: 150
Painting employees: 150
Administration budget allocated to assembly (A):
Therefore, the total amount of indirect factory expenses that should be allocated to the Assembly Department for the current period is: