Answer:
When gasoline prices increase, a larger share of households' budgets is likely to be spent on it, which leaves less to spend on other goods and services. The same goes for businesses whose goods must be shipped from place to place or that use fuel as a major input (such as the airline industry).
Explanation:
hopes this helps can have brainlest please it would help very much
Answer:
- what will be the new price in the United States
c $33750
Explanation:
Initial Price:
$3,000,000 PRICE
100 USD Exchange
$30,000 PRICE USD
Updated Price:
$3,000,000 PRICE
80 USD Exchange
$37,500 PRICE USD
As the pass through indicates that the exchange rate impact only a 50%, then the final price of the car it's defined as:
$7,500 Exchange Impact
0.50 Pass through
$3,750 Final Exchange Impact
Initial Price : $30,000
Final Exchange Impact: $3,750
Final Price: $30,000 + $3,750 = $33,750
Answer:
The company should buy from an outside source rahter than manufacturing because each bottle manufactured costs $5 more.
Explanation:
Differential Analysis
Make Buy
Manufacturing Cost per bottle $ 67
Purchasing Cost per bottle $35
Freight per bottle $ 5
<u>Fixed Costs $ 22 </u>
<u>Total $ 67 $62 </u>
<u />
The company should buy the bottles from the outside source because the manufacturing costs are higher than the purchasing costs and the fixed costs.
The fixed costs are the irrelevant costs that will continue whether bottles are manufactured or purchased.
Answer:
The price elasticity of demand is 1.14.
The price is Elastic.
Elasticity is more than one so total revenue will fall.
Explanation:
Given the initial price of good x = $12
Final price of good x = $12.90
% change in price = [(12.90 - 12) / 12] x 100 = 7.5 %
Initial quantity = 5000
Final quantity = 4600
% change in quantity = [(4600 - 5000)/5000] x 100 = -8%
Elasticity = % change in quantity / % change in price
Elasticity = 8% / 7%
Elasticity = 1.14
The price elasticity of demand is 1.14.
The price is Elastic.
Since elasticity is more than one so total revenue will fall.
D a is the correct answer I’m pretty sure