If government spending occurs, there will be a(n)crowding out of private-sector investors, described as a(n) opportunity cost of that spending.
<h3>What is government spending?</h3>
This is the term that is used to refer to all forms of expenditures that the government of a place may embark on.
Spending is an expansionary policy that helps to stimulate the government of a place.
Read more on government spending here:
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For the answer to the question above,
we must use this formula,
(New - Old)/ (Ave. of New and Old)
In this case,
501k -500k/(500,500(which is the ave. of the two.
Then it would be 1k/500,500
Then the answer would be .0020
Then
-1.439.5/439.5 because this is the average of the two.
so the answer would be .0023
Then finally divide the rate on change of quantity by the rate of change in price which is
0.002/-0.0023
Then the answer would be -.87
So the elasticity on the demand of model T is .87 ( remove the negative because elasticity is always positive.)
Answer:
Invalid, because under the UCC the acceptance must mirror the offer
Explanation:
§ 2-207 of the Uniform Commercial Code (UCC) enforces the mirror image rule. The mirror image rules states that in order for a valid contract to be formed, the offeree (Office Supply) must accept all the terms included in the offer (by Blue Cross) and cannot modify or add any terms. Any term that changes the original offer results in no contract.
Answer:
$0.44
Explanation:
Given that,
Beginning work in process = $5,500
Started in April = $18,500
Units completed = 42,500
Ending Work-in-Process = 12,500
Using the weighted-average method,
the cost per equivalent unit for materials is as follows:
= (Beginning work in process + Started in April) ÷ (Units completed + Ending Work-in-Process)
= ($5,500 + $18,500) ÷ (42,500 + 12,500)
= $0.44
