Which situation would not change a buyers market into a sellers market?
a. more investors decide to put their money into construction
b. if factor of lays off a lot of workers in the area
c. a lot of people decide they want to own
d. the population of a city or a town increases rapidly

Wallis company manufactures only one product and uses a standard cost system. the company uses a predetermined plantwide overhead rate that relies on direct labor-hours as the allocation base. all of the company's manufacturing overhead costs are fixed—it does not incur any variable manufacturing overhead costs. the predetermined overhead rate is based on a cost formula that estimated $2,886,000 of fixed manufacturing overhead for an estimated allocation base of 288,600 direct labor-hours. wallis does not maintain any beginning or ending work in process inventory.

Stock market crashes happen when the value of most of the stocks in the stock market increase at the same time. question 10 options: true false

If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided