Business, 10.11.2019 02:31 adantrujillo1234
In terms of the law of demand, which of the following is said to occur when the price of a good increases?
answer
the quantity demanded remains the same.
the quantity demanded increases.
the quantity demanded decreases.
there is no affect on the quantity demanded.
Answers: 1
Business, 21.06.2019 16:10
Braverman company has two manufacturing departments—finishing and fabrication. the predetermined overhead rates in finishing and fabrication are $18.00 per direct labor-hour and 110% of direct materials cost, respectively. the company’s direct labor wage rate is $16.00 per hour. the following information pertains to job 700: finishing fabrication direct materials $ 410 $ 60 direct labor $ 128 $ 48 required: 1. what is the total manufacturing cost assigned to job 700? 2. if job 700 consists of 15 units, what is the unit product cost for this job?
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The demand curve determines equilibrium price in a market. is a graphical representation of the relationship between price and quantity demanded. depicts the relationship between production costs and output. is a graphical representation of the relationship between price and quantity supplied.
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In terms of the law of demand, which of the following is said to occur when the price of a good incr...
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