Business, 15.08.2021 16:00 zafyafimli
Show the effect of change in demand and supply on equilibrium price and equilibrium quantity with graph and in word description.
1. When demand and supply increase (3 point))
a. If increase in demand is greater than increase in supply.
b. If increase in demand is less than increase in supply.
c. If increase in demand is equal to increase in supply.
2. When demand and supply decrease with different value(3 point)
a. If decrease in demand is greater than decrease in supply.
b. If decrease in demand is less than decrease in supply
c. If decrease in demand is equal to decrease in supply.
3. When demand increase and supply decrease (3 point)
a. If increase in demand is greater than decrease in supply.
b. If increase in demand is less than decrease in supply.
c. If increase in demand is equal to decrease in supply.
4. When demand decrease and supply increase (3 point)
a. If decrease in demand is greater than increase in supply.
b. If decrease in demand is less than increase in supply.
c. If decrease in demand is equal to increase in supply.
Answers: 2
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20. sinclair company's single product has a selling price of $25 per unit. last year the company reported a profit of $20,000 and variable expenses totaling $180,000. the product has a 40% contribution margin ratio. because of competition, sinclair company will be forced in the current year to reduce its selling price by $2 per unit. how many units must be sold in the current year to earn the same profit as was earned last year? a. 15,000 units b. 12,000 units c. 16,500 units d. 12,960 units
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Nichols inc. manufactures remote controls. currently the company uses a plantminuswide rate for allocating manufacturing overhead. the plant manager is considering switchingminusover to abc costing system and has asked the accounting department to identify the primary production activities and their cost drivers which are as follows: activities cost driver allocation rate material handling number of parts $5 per part assembly labor hours $20 per hour inspection time at inspection station $10 per minute the current traditional cost method allocates overhead based on direct manufacturing labor hours using a rate of $20 per labor hour. what are the indirect manufacturing costs per remote control assuming an method is used and a batch of 10 remote controls are produced? the batch requires 100 parts, 5 direct manufacturing labor hours, and 3 minutes of inspection time.
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Which are the best examples of costs that should be considered when creating a project budget?
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Which of the following would classify as a general education requirement
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Show the effect of change in demand and supply on equilibrium price and equilibrium quantity with gr...
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