URGENT

In a Free Market, when a product is in disequilibrium in the short term, what will happen next? *
10 points
The government will set price limits
The pricing will find equilibrium
There will only be supply of the product
It will stay at this price

What is a shortage? *
10 points
Quantity Demanded is greater than Quantity Supplied
Quantity Supplied is greater than Quantity Demanded
Demand is greater than Supply
Supply is greater than Demand

What is a surplus? *
10 points
Quantity Demanded is greater than Quantity Supplied
Quantity Supplied is greater than Quantity Demanded
Demand is greater than Supply
Supply is greater than Demand

What is Rent Control an example of? *
10 points
Shortage
Surplus
Demand
Supply

What is Minimum Wage an example of? *
10 points
Shortage
Surplus
Demand
Supply

What does this graph illustrate? *
10 points
Captionless Image
Shortage
Surplus
Demand Shift
Supply Shift

What does this graph illustrate? *
10 points
Captionless Image
Shortage
Surplus
Demand Shift
Supply Shift

Picture in left question 6 picture in right question 7 { last question }

The chromosome manufacturing company produces two products, x and y. the company president, jean mutation, is concerned about the fierce competition in the market for product x. she notes that competitors are selling x for a price well below chromosome's price of $13.50. at the same time, she notes that competitors are pricing product y almost twice as high as chromosome's price of $12.50.ms. mutation has obtained the following data for a recent time period: product x product y number of units 11,000 3,000 direct materials cost per unit $3.23 $3.09 direct labor cost per unit $2.22 $2.10 direct labor hours 10,000 3,500 machine hours 2,100 1,800 inspection hours 80 100 purchase orders 10 30ms. mutation has learned that overhead costs are assigned to products on the basis of direct labor hours. the overhead costs for this time period consisted of the following items: overhead cost item amount inspection costs $16,200 purchasing costs 8,000 machine costs 49,000 total $73,200using direct labor hours to allocate overhead costs determine the gross margin per unit for product x. choose the best answer from the list below.a. $1.93b. $3.12c. $7.38d. $2.43e. $1.73using activity-based costing for overhead allocation, determine the gross margin per unit for product y. choose best answer from list below.a. $10.07b. ($2.27)c. ($5.23)d. ($7.02)e. $7.02