The variables that can shift the supply curve are the number of sellers, production costs, and income.
<h3>What is the supply curve?</h3>
Corresponds to a graphical representation of the quantity of a product or service that is sold in relation to the increase in prices. That is, when prices rise, the supply curve will slope upward, and changes in the quantity supplied at a given price shift the curve to the right.
Therefore, supply is an economic concept to designate a market situation where there is a quantity of products and services available that consumers want to buy.
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Answer:
Knowledge worker
Explanation:
Knowledge worker indicates the specification in a particular field. It also refers that when a person does a specific task, shows the speciality in it.
Therefore according to the given scenario Asian countries is affecting with a virus and a pharmaceutical company want to create a drug with the help of scientists who already research on the virus. Here, the company will use their expertise so that they can create the drug which indicates the knowledge worker.
Answer:
$4.00
Explanation:
To calculate the approximate overhead cost per unit of product A1 under activity - based costing we have it as
Activity 1 allocated to Product B2 line we have as
$48,000 × 4,800/6,000
= $38,400
Activity 2 allocated to Product B2 line we have it as
= $63,000 × 4,760/7,000
= $42,840
Activity 3 allocated to Product B2 line we have it as
=$80,000 × 800/8,000
= $8,000
Total overhead allocated to Product B2 = $89,240
Overhead per unit of Product B2: $89,240/22,310 = $4.00
As our overhead unit of product
Answer:
Secondary mortgage market
Explanation:
The secondary mortgage market is a market in which the loan related to the home and the services rights are purchased and sold between the lenders and the investors
here the transfer is to be done with respect to the mortgages that are previously existed between the investors
Therefore in the given case, it is the situation of the secondary mortgage market and hence, the same is to be considered
