When supply goes down, the equilibrium price goes up. This is because if there is a smaller supply the good becomes more valuable to people who want the good.
Answer:
depreciable amor 10.95 dollars per Activity 2 base cost object.
Explanation:
totoal expected cst: 35,040
activity 2 expected cost dirver Total 3,200
Activity rate: $35,040 cost pool / 3,200 driver expected amount = $10.95
Answer:
u..............................
Yes he should be because people had higher expectations
Answer:
maximum interest rate = 3%
so correct option is A) 3%
Explanation:
given data
investment = $6000
receive = $6180
borrow = $6000
to find out
maximum interest rate bank needs to offer on the loan
solution
we consider here maximum interest rate bank needs to offer is = r
so value of investment will be express here as
value of investment = amount to be borrowed × ( 1 + r ) ................1
put here value we get rate r
6180 = 6000 × ( 1 + r )
solve it we get
rate = 0.03
maximum interest rate = 3%
so correct option is A) 3%
