The allocative function of price is to: Select one: a. distribute scarce goods and services to those consumers who value them the most highly. b. ensure that firms in perfectly competitive markets earn an economic profit. c. direct resources away from markets that are overcrowded and toward markets that are underserved. d. provide subsidies to low-income families so they can purchase essential goods and services.

Which change is illustrated by the shift taking place on this graph? a decrease in supply an increase in supply o an increase in demand o a decrease in demand

The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november.

Wendy made her career planning timeline in 2010. in what year should wendy's timeline start? a. 2013 o b. 2012 oc. 2010 o d. 2011