The cost object of the plantwide overhead rate method is:Multiple ChoiceThe unit of product.The production departments of the company.The production activities of the company.Manufacturing cost pools.The time period.
Answers
The cost object of the plantwide overhead rate method is the unit of product.
Plantwide Overhead Rate MethodWhen a business allocates all of its manufacturing overhead expenses to products or cost items, it does so using a single overhead rate known as the plantwide overhead rate. In smaller organizations with straightforward cost structures, it is most frequently used.Instead of using a single plantwide overhead rate, the usual business uses a limited number of cost pools that are each allocated with a variable overhead rate. While doing so increases the amount of time needed to close the books, it also increases the accuracy of overhead allocation. As a result, there is a trade-off between the increased financial statement accuracy brought on by the additional accounting work required to track and distribute numerous cost pools.To learn more about the Plantwide Overhead Rate Method refer to:
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Related Questions
A share of stock with a beta of 0. 75 now sells for $50. Investors expect the stock to pay a year-end dividend of $2. The t-bill rate is 4%, and the market risk premium is 7%. Suppose investors believe the stock will sell for $52 at year-end. Calculate the opportunity cost of capital. Is the stock a good or bad buy? what will investors do? at what price will the stock reach an "equilibrium" at which it is perceived as fairly priced today?.
Answers
What the investors will do depends on whether the actual return will be higher, lower or the same as the required return (Opportunity cost of capital) .
What is Equilibrium in business?When market supply and demand are in balance, prices become steady. This is known as equilibrium. In general, a surplus of goods or services leads to lower prices, which increases demand, whereas a shortfall or undersupply raises prices, which decreases demand.The holding period return, which is (earnings (dividends) + (ending stock price - beginning stock price))/beginning stock price = (2 + (52 - 50))/50 = 4/50 = 8%, can be used to determine the actual return.CAPM can be used to determine the Opportunity Cost of Capital. = Risk Free Rate + beta(Market Premium) = 4% + 0.75(7%) = 9.25%The stock is a bad buy since the Opportunity Cost of Capital exceeds the Actual Return on the stock.Investors won't buy anything.
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List two effects of the invention of the cotton gin.
Answers
Answer:
While it was true that the cotton gin reduced the labor of removing seeds, it did not reduce the need for slaves to grow and pick the cotton. In fact, the opposite occurred. Cotton growing became so profitable for the planters that it greatly increased their demand for both land and slave labor.
Answer:
Explanation:
reduced the time and labor required to produce cotton for market
enabled farmers to meet higher demand
cemented slavery in the South
made cotton the dominant crop in the South
Witch of the following is a current asset?
A- Employee
B- Land
C- Supplies
D- Mortage
Answers
An illegal connection was observed on a 300 mm diamefer horizontal pipe. Upstream from the connection, two gages 600 m apant showed a pressure difference of 140kPa. Downstream from the connection still 600 m showed a pressure difierence of 116kPa. Assuming a loss of head of 50%&40% of the velocity head every 50 mefers at the upstream point and downstream point respectively. 19. How much oil of specific gravity 0.85 is stolen?
Answers
Approximately 150.195 kg of oil with a specific gravity of 0.85 has been stolen.First, let's calculate the velocity head at the upstream and downstream points:
Velocity head at upstream point:
h1 = (140,000 Pa) / (ρ * g)
= (140,000 N/m^2) / (1,000 kg/m^3 * 9.81 m/s^2)
≈ 14.3 m
Velocity head at downstream point:
h2 = (116,000 Pa) / (ρ * g)
= (116,000 N/m^2) / (1,000 kg/m^3 * 9.81 m/s^2)
≈ 11.8 m
Next, let's calculate the total loss of head due to friction along the pipe:
Total length of the pipe = 2 * 600 m = 1,200 m
Loss of head per 50 meters upstream:
Loss1 = (50/100) * h1 = 0.5 * 14.3 m = 7.15 m
Loss of head per 50 meters downstream:
Loss2 = (40/100) * h2 = 0.4 * 11.8 m = 4.72 m
Total loss of head due to friction:
Total Loss = [(Total length of the pipe / 50 m) * Loss1] + [(Total length of the pipe / 50 m) * Loss2]
= [(1,200 m / 50 m) * 7.15 m] + [(1,200 m / 50 m) * 4.72 m]
= 27.36 m + 16.128 m
≈ 43.49 m
Now, let's calculate the stolen oil volume using Bernoulli's equation:
h1 - h2 = hF + hstolen
14.3 m - 11.8 m = 43.49 m + hstolen
2.5 m = hstolen
The stolen oil volume can be calculated using the formula:
Volume = Area * Height
= π * r^2 * hstolen
= π * (0.15 m)^2 * 2.5 m
≈ 0.1767 m^3
Finally, let's calculate the mass of stolen oil using the specific gravity:
Mass = Volume * Density
= 0.1767 m^3 * 850 kg/m^3
≈ 150.195 kg
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Fill in the blank. In the midst of a cold, snowy winter, Aileen desperately wants to attend the national sales conference in West Palm Beach and tries to convince her boss to approve her travel. Aileen's boss has _________________ power.
Answers
In the midst of a cold, snowy winter, Aileen desperately wants to attend the national sales conference in West Palm Beach and tries to convince her boss to approve her travel. Aileen's boss has decision-making power.
Aileen's boss has the power to either approve or deny Aileen's travel request. This power is likely derived from their position as Aileen's supervisor or manager, and possibly from company policies or budget constraints. Ultimately, the decision to approve or deny Aileen's travel rests with her boss.
One of the most important skills for making decisions well is reasoning. Before choosing a solution, be sure to weigh the advantages and disadvantages of each one thoroughly. To assist you in making decisions, take into account all relevant data points that are accessible to you.
Getting what you want requires applying what you know or can learn. You need to know yourself, your values, and your abilities in order to improve your decision-making skills. Your opinions about what is "right," "good," or "valuable" are called values. Your life's priorities are reflected in your values.
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What refers to marketing via the Internet using company websites, online advertising and promotions, email marketing, online video, and blogs
Answers
Answer: Online marketing
Explanation:
Online marketing simply means marketing via the Internet using company websites, online advertising and promotions, email marketing, online video, and blogs.
It is also called internet marketing and through the internet, a brand or business can be promoted by using tools that will help the business drive leads, traffic, and sales.
When looking at the purchase of accounting software, things to avoid include
Answers
Answer:
4) C) software that requires a high annual subscription whether you want the updates or not
Explanation:
(Economics) This list describes recent events in a country. As you read the list, think about the role of the country’s central bank. The country has seen its GDP decline and unemployment rise for three consecutive quarters. People are buying fewer cars, homes, and other goods and services. One reason people are buying less is that it is more difficult and more expensive to get loans to buy large items. The country’s central bank decides to lower the interest rate on the loans it makes to the banks that people use. Banks lower their interest rates. More people take out loans. With their loans, people start buying more goods and services, especially more expensive items such as cars. Producers require more workers to make these goods and sell them. Unemployment drops, and GDP begins to rise. What action helped unemployment and GDP in this country? Justify your response.
Answers
Answer:
The central bank lowered its interest rates, which made it easier and cheaper for banks to make loans to people. once people could get loans, they could buy more. The increased demand meant more people were employed to make and sell items, and output increased.
Explanation:
Answer:
The central bank lowered its interest rates, which made it easier and cheaper for banks to make loans to people. Once people could get loans, they could buy more. The increased demand meant more people were employed to make and sell items, and output increased.
Explanation: edmentum sample answer
You have just received an order for 36 Huon pine beer can holders. Huon pine can be difficult to work with, and historically 8% of the holders that you make develop cracks and are unsellable. Consequently, you decide to make 38 in the hope that you will be able to satisfy this order. What distribution could be used to model the number of sellable can holders that are produced? Give all relevant parameters. What is the probability that you don't produce enough can holders to be able to fulfill the order? Show your working (this could take the form of an Excel formula or an equation). You are told that the amount of humidity in the atmosphere affects the probability that a can holder will crack, and that humidity can vary during a production run. Explain whether this impacts the validity of using the model you identified in part (a).
Answers
a) 92% distribution could be used to model the number of sellable can holders that are produced.
b) the probability is P(X < 36) = P(X = 0) + P(X = 1) + P(X = 2) + ... + P(X = 35)
c) If the amount of humidity in the atmosphere affects the probability of a can holder cracking, it introduces an additional factor that could impact the validity of using the binomial distribution model.
a) Distribution to Model the Number of Sellable Can Holders :
The distribution that can be used to model the number of sellable can holders produced is the binomial distribution. The parameters of this distribution are the number of trials (38 holders made) and the probability of success (1 - 0.08 = 0.92, as 8% are unsellable). Each holder has a 92% probability of being sellable.
b) Probability of Not Producing Enough Can Holders to Fulfill the Order:
To calculate the probability that you don't produce enough can holders to fulfill the order (less than 36 sellable holders), we can use the cumulative distribution function (CDF) of the binomial distribution.
We sum the probabilities of having 0, 1, 2, ..., or 35 sellable holders. Using the binomial distribution formula, where n = 38 (number of trials), p = 0.92 (probability of success), and x ranges from 0 to 35, we can calculate the probabilities:
P(X < 36) = P(X = 0) + P(X = 1) + P(X = 2) + ... + P(X = 35)
Performing the calculations using the binomial distribution formula will give us the probability of not producing enough can holders to fulfill the order.
c) Impact of Humidity on the Validity of the Model:
If the amount of humidity in the atmosphere affects the probability of a can holder cracking, it introduces an additional factor that could impact the validity of using the binomial distribution model.
The binomial distribution assumes a constant probability of success (sellable holder) for each trial (can holder made). However, if humidity variations influence the likelihood of cracking, the assumption of a fixed probability may not hold.
In such cases, a more appropriate model would be needed to account for the influence of humidity on the probability of cracking. This might involve using a different probability distribution or incorporating additional factors into the model that capture the effects of humidity.
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Identify the interpersonal skill that each scenario describes.
Vanessa is annoyed with a
customer but answers his
questions patiently.
Wilson offers to help Mary
when she expresses
frustration with a task.
Problem Solving
Rita always greets people
warmly, saying, "Hello, how
are you?"
Peter always ends a call by
saying, "It was a pleasure
talking to you."
Good Manners
Sara finds an app to help
Mason do some complex
budget calculations.
Ruth is cheerful, although
she is anxious about her
job review.
Positive Attitude
Answers
Despite her anger, Vanessa exhibits patience as a social strength by responding to client inquiries. Wilson demonstrates empathy by assisting Mary when she complains about a project. Rita shows good etiquette by extending a friendly greeting and enquiring about their well-being. In addition, Peter behaves admirably by cheerfully taking the call. Sarah exhibits her aptitude for problem-solving by locating a tool to assist Mason with challenging budget computations. Finally, Ruth has a cheerful outlook despite her concerns about her job analysis.
To determine the interpersonal skills demonstrated in each situation, I analyzed the behaviors and described in how people interacted with each other and rated each other’s strengths.
When answering a client’s questions, Vanessa shows patience even when she is angry. The ability to endure is the ability to remain calm under pressure.Wilson shows sympathy by offering to help Mary with her complaint. Wilson has empathy, which is the ability to understand and relate to another’s feelings. Wilson supports and understands Mary’s situation.Rita greeted us warmly and politely asked how everyone was doing. Good manners include showing respect and courtesy to others, including proper greetings and genuine concern for their welfare.The act of Peter hanging up the phone and saying he’s happy to talk to them is equally condescending. It shows how to end a conversation with dignity and progress.To solve one problem, Sarah looked for an app to help with Mason’s complicated financial calculations. Problem solving involves finding and implementing effective solutions to challenges or tasks.Last but not least, Ruth displays the virtue of being optimistic while feeling nervous about her job evaluation. Positive thinking is happiness and positivity despite challenges or doubts.The relevant interpersonal skills presented in each situation were determined by observing the behaviors and activities I exhibited.
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The following financial information is from Cook Company:
Accounts Payable $ 55,000
Land $ 90,000
Inventory $ 10,500
Accounts Receivable $ 7,500
Equipment $ 8,000
Deferred Revenue $ 58,500
Short-Term Investments $ 20,000
Notes Receivable (due in 8 months) $ 45,500
Interest Payable $ 2,000
Patents $ 75,000
What is the total amount of long-term assets assuming the accounts above reflect normal activity?
A. $173,000.
B. $342,500.
C. $273,500.
D. $98,000.
Answers
If the accounts above indicate regular activity, the total amount of long-term assets is A. $173,000.
Total amount of long term assets = land + equipment + patents
$90,000 + $8,000 + $75,000
= $173,000
Long-term assets are assets that will benefit the organization for more than a year, whether they are tangible or intangible. Long-term assets, also known as non-current assets, might include fixed assets such as a company's property, plant, and equipment, but they can also include long-term investments, patents, copyright, franchises, goodwill, trademarks and trade names, and software.
Long-term assets are reported on the balance sheet and are typically recorded at the purchase price, which may not always reflect the asset's current worth. Long-term assets are distinguished from current assets, which can be simply sold, consumed, used, or expended within one year through ordinary company operations.
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What are some good colleges in New Orleans that arent expensive??
Answers
Answer:
southern university, Dillard university, university of new orleans
Consider a chocolate manufacturing company that can produces two types of chocolate
– A and B. Both the chocolates require Milk and Choco only. To manufacture each unit
of A and B, the following quantities are required:
• Each unit of A requires 1 unit of Milk and 2 units of Choco
• Each unit of B requires 2 unit of Milk and 1 units of Choco
Currently, the milk price is 1$/unit and the choco price is 1$/unit.
We can sell chocolate A for 10$ and Chocolate B for 8$. Assume we are planning for
the next two years. The milk prices may go up 20% by probability of 40% and may go
down 10% by probability of 60%.
The choco prices may go up 30% by probability of 50% and may go down 20% by
probability of 50%.
The current demand for A is 1000 units per year. The demand is assumed to stay fix.
We have limited budget. Lets calculate the profit we may get from producing any of
these chocolates to decide about best option for the next two years (decide about to
produce A or B?). The discount rate is k=0. 1.
Hint: assume we have period 0, 1, 2
decision tree!
Answers
To evaluate the profit from producing either Chocolate A or Chocolate B over the next two years, we can create a decision tree considering the potential variations in milk and choco prices.
We'll calculate the expected profits for each decision path and choose the option with the highest expected profit. Let's construct the decision tree step by step:
Step 1: Determine the potential milk price scenarios:
Milk price up by 20% (40% probability)
Milk price down by 10% (60% probability)
Step 2: Determine the potential choco price scenarios:
Choco price up by 30% (50% probability)
Choco price down by 20% (50% probability)
Step 3: Construct the decision tree:
bash
Copy code
┌───────────────────────────┐
│ Decision │
└───────────────────────────┘
│
┌────────────────┴─────────────────┐
Milk ↑ ↓ Choco
┌──────────────┐ ┌──────────────┐
│ │ │ │
Milk↑ Milk↓ Milk↑ Milk↓
┌─────┐ ┌─────┐ ┌─────┐ ┌─────┐
Choco↑ Choco↓ Choco↑ Choco↓ Choco↑ Choco↓ Choco↑ Choco↓
┌───┐ ┌───┐ ┌───┐ ┌───┐ ┌───┐ ┌───┐ ┌───┐ ┌───┐
Year0│$0.0│ │$0.0│ │$0.0│ │$0.0│ Year0│$0.0│ │$0.0│ │$0.0│
└───┘ └───┘ └───┘ └───┘ └───┘ └───┘ └───┘ └───┘
│ │ │ │ │ │ │ │
SellA SellA SellB SellB SellA SellA SellB SellB
$10.0 $10.0 $8.0 $8.0 $10.0 $10.0 $8.0 $8.0
│ │ │ │ │ │ │ │
┌───┐ ┌───┐ ┌───┐ ┌───┐ ┌───┐ ┌───┐ ┌───┐ ┌───┐
Year1│$6.0│ │$6.0│ │$4.8│ │$4.8│ Year1│$6.0│ │$6.0│ │$4.8│
└───┘ └───┘ └───┘ └───┘ └───┘ └───┘ └───┘ └───┘
│ │ │ │ │ │ │ │
┌───┐
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what leadership and personality traits does donald trump possess
Answers
Donald Trump is known for possessing a variety of leadership and personality traits. Some of these are outlined below: Leadership TraitsCharismatic - Donald Trump is known for his ability to connect with people and engage them with his charismatic personality.
He is able to influence and persuade others through his words and body language. Confident - Donald Trump exudes confidence and has an unwavering belief in himself. This trait has helped him to take risks and make bold decisions that have paid off in the long run. He is not afraid to try new things and is always open to new ideas. Decisive - Donald Trump is a decisive leader who is not afraid to make tough decisions. He is able to analyze situations quickly and make decisions that are in the best interest of his organization.
Personality Traits Competitive - Donald Trump is a highly competitive individual who is always striving to win. He is driven to be the best and will do whatever it takes to achieve his goals. Conflict-seeking - Donald Trump is known for his confrontational approach to dealing with others. He is not afraid to engage in conflict and is often seen as aggressive and abrasive. has a strong sense of self-importance and believes that he is superior to others.
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the total overhead cost at an activity level of 9,100 patient-visits per month should be:
Answers
To determine the total overhead cost at an activity level of 9,100 patient-visits per month, we need additional information such as the overhead cost per patient-visit or the cost structure of the overhead expenses.
Without that information, it is not possible to calculate the total overhead cost accurately. The total overhead cost can vary depending on factors such as the nature of the healthcare facility, the specific costs included in the overhead, and the cost drivers of the overhead expenses. It is important to have more specific data or assumptions to make an accurate calculation.
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Determine the effect on country demoffrage's GDP for a tourist spends on a seafood dinner at a resturant
Answers
Answer:
GDP will increase
Explanation:
Gross domestic products is the total monetary value of all goods and services produced in the country. When a tourist spends on a seafood restaurant then the services produced in the country are sold and value is generated for the country. The Gross domestic product of country rises,
Write a biography about a famous person of Nepal...
Answers
Explanation:
Parijat (Nepali: पारिजात) was a Nepalese writer. Her real name was Bishnu Kumari Waiba (Waiba is a subgroup of Tamang) but she wrote under the pen name Parijat (Parijat is a night-flowering fragrant jasmine flower). Her most acclaimed publication is Shiris Ko Phool (The Blue Mimosa), which has also been adapted in the literature curriculum of some colleges in some English-speaking countries like United States, England etc. Some of the notable universities where Parijat's Shirish Ko Phool was adopted as curriculum in the University of Maryland, USA.
Answer:
● Gautama Buddha. 0563 BC. Founder of Buddhism.
● Tenzing Norgay. 29 May 1914. Mountaineer.
● Anatoli Boukreev. 16 January 1958. Mountaineer.
● Gyanendra Bir Bikram Shah Dev. 07 July 1947. ...
● Chandra Bahadur Dangi. 30 November 1939. ...
● Birendra of Nepal. 28 December 1945. ...
● Sandeep Lamichhane. 02 August 2000. ...
● Amrita Acharia. 31 July 1987.
Explanation:
I HOPE IT'S HELPThis spreadsheet was created to track the money different employees earned in bonuses. The creator used
numbers and formulas to make the document efficient so that it could change as the bonus amounts changed.
What is most likely appears in the formula bar when B6 is selected?
A $total
B $112
C=MAX(B2:B5)
D =AVERAGE(B2:B5)
Answers
The formula that most likely appear in the formula bar of the spreadsheet when B6 is selected is =AVERAGE(B2:B5). Thus, the correct answer is option (D).
What is a spreadsheet?A spreadsheet is a computer programme for organizing, calculating, and storing data in tabular form. Spreadsheets were created as digital counterparts to traditional paper accounting spreadsheets.
The central tendency of a bunch of numbers in a statistical distribution—which is where the center is located—is measured by the AVERAGE function. The following are the top three central tendency measures:
Average: The arithmetic mean is determined by adding a collection of integers, dividing by their count, and then taking the result.The middle number in a set of numbers is called the median. The values of half the numbers are higher than the median while the values of the other half are lower than the median.The number that appears the most frequently among a set of numbers is the mode.Therefore, option D is correct.
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Which savings option divides your investment among multiple companies
Answers
Answer:
Mutual funds
Explanation:
I just did it in school a p e x and I searched.
8300 dollars is placed in an account with an annual interest rate of 6. 5%. How much will be in the account after 14 years, to the nearest cent?.
Answers
The amount in the bank after the period of 14 years at 6.5 % interest is $15,853.
The interest is the amount that is paid by the party at the annual rate of interest for a given period on the principal amount.
Computation for Amount after 14 yearsThe interest (I) added to the amount is given as:
\(I=\dfrac{P\;\times\;R\;\times\;T}{100}\)
The given principal amount, \(P=8300\;\\)
The rate of interest is, \(R=6.5\;\%\)
The time for the interest is, \(T=14\;\rm years\)
Substituting the values for the interest,
\(I=\dfrac{8300\;\times\;6.5\;\times\;14}{100}\\ I=7553\; \\)
The amount of interest added to the base amount after 14 years is, $7553.
The total amount in the account after 14 years is:
\(\rm Total\;amount=Principal\;amount\;+\;Interest\\\\Total\;amount=8300\;+\;7553\;\$ \\\\Total amount=15,853\;\\)
The amount in the bank after the period of 14 years at 6.5 % interest is $15,853.
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There are things that will disqualify a person from police service. Drug use beyond "experimentation" will likely disqualify a person. Which best describes "experimentation" by hiring standards?
Using heroin once after the age of 21.
Using marijuana less than 10 times as a teenager.
Using marijuana on weekends after age 21.
Using another person's prescription drugs for recreation.
Answers
Answer: Using heroin once after the age of 21
Explanation:
I did a quick look up and I belive this is the answer. Hope it helps
Which of the following is an example of typosquatting? Group of answer choices A start-up investment company assumes the online identity of Arman & Company, a well-established investment company, in social networking platforms for the purposes of acquiring its brand equity. An environmental support group creates a spoof of the advertisement of a popular beverage company, highlighting its degradation of the environment by releasing waste products into the water bodies near its bottling plant. A person registers a domain name, Tucson Multispecialty Clinic, which is the name of a popular multispecialty clinic hoping to resell it to the clinic at an exorbitant profit. A person registers the domain name "currentaffairs.net" to take advantage of the huge popularity of the e-newspaper currentaffairs.org to divert traffic to his webpage and make money by selling advertising space.
Answers
Answer:
An environmental support group creates a spoof of the advertisement of a popular beverage company, highlighting its degradation of the environment by releasing waste products into the water bodies near its bottling plant.
Explanation:
An example of typosquatting is an environmental support group creates a spoof of the advertisement of a popular beverage company, highlighting its degradation of the environment by releasing waste products into the water bodies near its bottling plant.
What are the importance of training for all types of occupations?
Answers
Answer:
Hi
Explanation:
It helps to imvrove your skills in order to move forward and it also gives opportunities to know better something you want
Thank you
List 10 resources that are scarce in the world today
Answers
-biodiversity and air,
-rare earth and metals,
-agriculture,
-waste disposal,
-processing power,
-youth,
-health and wellness,
-skills and education,
-time.
Write a sentence with a word Consumer Price Index:
Answers
Answer:
Economists have argued for years that the Consumer Price Index exaggerates inflation.
Explanation:
what does these symbols mean on a measuring tape' &"
Answers
if the consumers can easily switch to a close substitute when the price of a good increases, demand for that good is likely to be: select one: a. elastic b. inelastic c. unitary elastic d. perfectly inelastic
Answers
If the consumers can easily switch to a close substitute when the price of a good increases, demand for that good is likely to be b. inelastic.
The law of call for is a monetary principle that states that purchaser demand for an excellent rises whilst charges fall and decline when prices rise. The law of demand comes into play in the course of Black Friday sales—when consumers rush to buy products at deep reductions.
Demand, in economics, is the willingness and potential of clients to. buy a given quantity of an excellent or carrier at a given rate. supply is the willingness. of dealers to offer a given quantity of an awesome or carrier for a given fee.
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Which of the following describes a positive organizational culture? ANSWER Unselected Expresses the core values that a majority of members share and that give the organization its distinct personality. Unselected Emphasizes building on employee strengths, rewards more than it punishes, and emphasizes individual vitality and growth. Unselected The shared perceptions that organizational members have about their organization and work environment. Unselected The degree to which management decisions take into consideration the effect of outcomes on people within the organization.
Answers
Answer:
Unselected Emphasizes building on employee strengths, rewards more than it punishes, and emphasizes individual vitality and growth.
Explanation:
The organization's culture means the behavior in an organization. It includes the benefits that are shared among people, the values that are created by the leaders and the same is being communciated via different methods
So as per the given situation, the positive organization structure represent the strength of the employees, rewards, growth of an individual
Therefore the above represent the answer
in the market for a given product, when a price floor is set above the equilibrium price the result will be group of answer choices more exchanges made in the market. a deadweight loss. a decrease in the demand for the product. an increase in the supply of the product.
Answers
A price floor occurs when the government sets a minimum price that companies must charge for a certain product. When this price floor is set above the equilibrium price, it may result in a decrease in the demand for the product, as consumers will be less likely to purchase the product at such higher prices.
There will also be an increase in the supply of the product, as companies will be now more willing to provide it at the higher price. Due to this, there will be more exchange take place in the market, as the number of traders is increased due to the higher price. However, due to the higher price, there will also be a deadweight loss, which occurs when transactions that would have been profitable at the equilibrium price are no longer made. This is the economic cost of the price floor, as it creates a misallocation of resources in the market.
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A protocol stack is
another way of saying "network address"
O a set of supporting protocols in a series of layers
O the order of precedence in the transmission control protocol
O another way of saying "TCP/IP"
Answers
A protocol stack is: b. a set of supporting protocols in a series of layers.
What is protocol stack?A protocol stack refers to a set of communication protocols that are used together to facilitate communication between different devices on a network. The protocol stack is organized into different layers, with each layer responsible for a specific aspect of the communication process.
The layers in the protocol stack work together to ensure that data is transmitted reliably and efficiently across the network. Common examples of protocol stacks include the OSI model and the TCP/IP model.
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