Answer:
d. a decrease in price increases quantity demanded.
Explanation:
Law of demand: According to the law of demand, if the price of the good decreases, the quantity demanded would increase and vice versa. It shows an inverse relationship between price and quantity demanded. That's why its curve is always downward sloping
It effects the price and quantity demanded only and other things remain constant.
Answer:
The answer is D. $1,830
Explanation:
FIFO means First in First out.
It is one of the inventory methods along with LIFO(Last in First out), average weighted cost and specific identification.
FIFO literally means the inventory bought first will be the first to be sold. Leaving the last inventories bought as the ending inventory.
In this question, Cost of Sales according to FIFO is:
250 units x $6 = $1,500
30 units at $11 = $330
Total =. $1,830
Therefore, the cost of sales under this method is $1,830
Answer:
Time value of money
Explanation:
The reason is that the money invested today worth more tomorrow. If we have option to pay our supplier $5m after a year is more suitable option than paying him today. The reason is that the amount paid today will be worth $5m but if we pay our supplier after a year then in real terms we have paid the supplier less because money lost its worth by certain percentage during the year. So paying late makes the liability cheaper required their are no interest or other costs.
Answer / Explanation
To properly answer this question, let us first understand what the adjusted winner procedure is:
The adjusted winner procedure is a method for dividing assets between two individuals especially in the aspects of couples. It requires each person to divide 100 points among the assets which will reflect their relative values of the items.
It also requires that the assets be divisible.
Each item is then tentatively assigned to the party which placed more points on that item or asset.
The person who has a lower point total then acquires from the other the part of the asset for which the ratio of the recipient's point assignment to the donor's point assignment is highest (this ratio will be less than one, since the donor has the item because she valued it more).
The amount of the asset that is transferred is determined so that after it is transferred, the point totals of the two parties will be equal.
This particular type of process is rift free and it is good to know that no other division could increase the satisfaction of both parties.
Now referring back to the narrate of the question asked, The answer is b. yes, by reporting Xylophone 100, yoyo zebra 0 Carrie can get a better outcome for herself by lying about her point values.
Answer and Explanation:
The computation of the portfolio weights is shown below:
But before that first we need to determine the total value of Stock A and Stock B which is
For STock A
= 122 × $32
= $3,904
For STock B
= 102 × $22
= $2,244
Now
Total value is
= $3,904 + $2,244
= $6,148
And, finally weights are
For STock A
= $3,904 ÷ $6,148
= 0.6350
For Stock B
= $2,244 ÷ $6,148
= 0.365